International Archives — Page 25 of 58

November 6, 2017 No Responses

Online shopping comes under scrutiny

China has created a new law to impose heavy fines on internet shopping websites which publish false advertisements about their products. Vendors who delete negative online reviews or post fake positive reviews face a minimum $30,000 (£23,000) fine. The new...

November 6, 2017 No Responses

Toyota seeks more investments in Israeli auto tech, robotics

Japan’s Toyota Motor Corporation is seeking more investments in Israeli robotics and vehicle technologies after its venture arm led a $14 million investment in Intuition Robotics in July. The startup, which makes robots for the elderly, was the first....

November 4, 2017 No Responses

France cuts Renault stake to 15 percent

France is selling a 4.73 percent stake in carmaker Renault, a government investment agency has said, paring the holding back to the 15-percent level that had preceded a 2015 power struggle over voting rights. The APE state holding agency said...

October 30, 2017 No Responses

Emefiele at London Stock Exchange, explains highest ROI in Nigeria

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged investors to come over to Nigeria, declaring that the nation’s Return on Investment (ROI) in all sectors of the economy are among the best in the world. Addressing...

October 30, 2017 No Responses

Osinbajo: It’s in Nigeria’s interest to promote transparency in extractive sector

Nigeria will continue to embrace transparency in the extractive sector because it is in the country’s overriding national interest to do so, Vice President, Yemi Osinbajo, has said. Prof. Osinbajo stated this during a bilateral meeting with the Chairman of...

October 30, 2017 No Responses

Volkswagen records $5.01 billion earnings in Q3

Volkswagen AG said earnings rose 15 percent in the third quarter, benefiting from cost cuts at its core VW passenger cars division. Quarterly group earnings before interest and taxes (EBIT) and before special items jumped to 4.31 billion euros ($5.01...

October 29, 2017 No Responses

Celebrated Georgia farmer, John McCormick to receive Nigerian Agribusiness delegates

The US-Nigeria Trade Council USA is pleased to announce that Mr. John McCormick, the eminent “2016 Georgia Farmer of the Year “will be attending and making a presentation at the forthcoming US-Nigeria Agribusiness Investment Summit & Expo, November 16...

October 28, 2017 No Responses

NSE Photo News

L – R shows Diane Cote, Chief Risk Officer, London Stock Exchange Group (LSEG); Nikhil Rathi, Chief Executive Officer, London Stock Exchange (LSE) Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Patience Oniha, ...

October 27, 2017 No Responses

Opportunities, challenges confronting future of work, by ILO Global Commission

The Global Commission on the Future of Work wrapped up its first meeting on Sunday 22 October following an in-depth discussion of the main forces shaping the world of work, and the opportunities to be leveraged and challenges to be addressed for...

October 27, 2017 No Responses

Ford declares $1.6 billion profit in Q3

Ford Motor Company on Thursday said its third-quarter net income rose 63 percent to $1.6 billion, helped by foreign tax credits and strong light-truck sales in North America. Ford’s revenue, pretax profit and operating margin all increased in what C...

October 26, 2017 No Responses

Coscharis thrills BMW club, highlights 5 series performamce, achievements

Coscharis Motors in partnership with BMW Club Nigeria, recently demonstrated BMW 5 Series performance and achivements during the 2017Bimmerfest event held at the Muri Okunola Park, Victoria Island, Lagos State. According to Coscharis, the event is aimed at ...

October 25, 2017 No Responses

Hyundai votes $5m for research and development

Hyundai America Technical Center Incorporated is investing $5 million in the American Center for Mobility in Ypsilanti Township. According to Agency Report, the investment brings the autonomous vehicle testing site’s fundraising total to $101 millio...

October 25, 2017 No Responses

Saudi Arabia unveils agenda for $500b mega city, business zone

Saudi Arabia has unveiled plans to build a new city and business zone – a project that will be backed up by more than $500bn (£381bn) in investment. Crown Prince Mohammed bin Salman says the 26,500 sq km (10,232 sq...

October 22, 2017 No Responses

Aruna Quadri crashes out of ITTF World Cup

Aruna Quadri, African Table Tennis Champion, has crashed out of the ongoing International Table Tennis Federation (ITTF) World Cup in Liege, Belgium. Quadri suffered a 6-11, 7-11, 6-11, 7-11 loss to Japan’s Jun Mizutani in the Round of 16 on...