German software giant SAP said Thursday it is sticking to its full-year forecasts for 2014 after profits rose slightly in the first quarter. SAP said that net profit rose by 3.0 percent to 534 million euros ($739 million) in the period from January…
Browsing: Business & Economy News
Global business and economy news
A New York regulator probing Credit Suisse’s role in enabling tax evasion has demanded a trove of additional documents from the bank, a person familiar with the situation said Tuesday. Benjamin Lawsky, New York’s superintendent of financial services…
Nigeria’s largest local search engine, VConnect has announced a strategic partnership with Stanbic IBTC, a leading banking conglomerate in Africa…
Wall Street stocks Monday moved higher in early trade following a big jump in US retail sales and a better-than-expected earnings report from Citigroup. About 30 minutes into trade, the Dow Jones Industrial Average advanced 62.81 points (0.39 percent…
Can investors get rich by backing Nigerian agriculture? An increasingly loud chorus of voices say that answering this question may be the most pressing challenge facing Africa’s most populous country, ahead of defeating Boko Haram Islamists or curbing…
Turkey’s prime minister said Saturday he will “go after” Twitter, accusing the site of tax-evasion, after it was used to spread damaging leaks implicating his inner circle in corruption scandals. “Twitter, YouTube and Facebook are international companies…
Brazil’s Petrobras has turned over documents sought by authorities investigating an alleged $4.5 billion money-laundering operation, the latest in a series of problems to plague the state oil giant. Petrobras CEO Graca Foster supplied federal police…
The outlook for the crisis-battered eurozone brightened Thursday as Germany’s leading economic think tanks raised their growth forecast for Europe’s top economy this year and next year. Greece, one of the hardest-hit euro members, also returned to the…
JAN-PRO International, a leading commercial cleaning franchise, continues to show rising development as they earn the #24 position in Franchise Direct’s exclusive global franchising list. This recognition is supported by JAN-PRO’s recent expansion…
ON SATURDAY, April 5th, South Africa was Africa’s largest economy. The IMF put its GDP at $354 billion last year, well ahead of its closest rival for the crown, Nigeria. By Sunday afternoon that had changed. Nigeria’s statistician-general announced…