Business

Yahoo buys video ad platform for $640 mn

Yahoo on Tuesday announced it is buying video advertising platform BrightRoll for $640 million to…

Price of Brent North Sea oil hits a 4-year low

Crude prices fell further Tuesday on dimming prospects of a production cut by the OPEC…

Train services in eastern Nigeria begin soon

The Chairman of the Nigerian Railway Corporation, Alhaji Bamanga Tukur, has said that train services…

Lafarge WAPCO takes over United Cement

Lafarge WAPCO, a Nigerian unit of France's Lafarge said it had entered into an agreement…

$2billion spent online by Chinese shoppers in one hour

Alibaba said $2 billion of goods were sold in the first hour of its Singles…

Oil prices tumble in Asia

Crude prices extended losses in Asia Tuesday as the prospects of a production cut by…

World oil prices still on the downside

World oil prices tumbled Monday after Kuwait downplayed prospects for an OPEC output cut in…

Daughter of Angola's president takes over Portugal Telecom

Shares of Portugal Telecom soared more than 12 percent on Monday in reaction to a…

Russia floats the battered ruble

Russia's central bank said Monday it is floating the ruble and will intervene to prop…

Algerian now produces Renault cars

French motor manufacturer Renault inaugurated a multi-million-euro plant in Algeria Monday, Paris's former colony owning…