In a bid to gain supremacy in the African cement market, the richest man on the continent announced the construction of cement plants in 11 countries of the continent.   Nigerian billionaire Aliko Dangote, the richest man in the Africa according to the Forbes’ list, has signed up with a...

Following a third round of leaks of user’s emails and after suppressed allegations about the affairs despite earlier denials, the chief executive of extramarital affairs website Ashley Madison has left the company on Friday.  “Effective today, Noel Biderman, in mutual agreement with the...

Lowering of demand due to easing of summer gasoline consumption makes analysts and executives worried about the prospect of lower refining profits in the second half of the year. The refineries of large oil companies had been churning out profits despite the slackening global crude prices. But...

Retail giants Tesco, Sainsbury and Morrison, all contributed to the fall in the sales in terms of volumes in the UK supermarket in recent weeks fell. This is the first time since December that UK supermarket sales have fallen.   The discount stores reportedly lapped the fall...

Pressurized by continuous crude oil price fall in the international market, Total, one of the biggest energy firms operating in the North Sea, has sold off $900 million or £585 million of its UK gas interests to cut costs. Two pipelines, one that delivers gas from 20 North Sea fields and the v...

Claiming that the services of the company increased the choice for the local customers, Google, on Thursday, refuted the claims from the European Union's top antitrust official that the company favoured some of its own search results over those of rivals. Google cited that the competition in the...

Half of the money, in billions, that auto makers are investing in new technology and features is going to waste as they are not being used by most vehicle owners reveals a survey conducted by J.D. Power and results of which released on Wednesday. The survey was conducted with a selection of...

The top corporate executives believe that next would be a tough ride for them according to a recent survey conducted among business executives. The cause of worry that tops the list of the executives is the potential threat from ISIS and the majority believes that terrorism is “going to shake...

Coca Cola and its partners are slated to meet their 2020 water replenishment target 5 years ahead of schedule. The US based multinational announced this on Wednesday. Coca Cola will meet its target of replenishing the equivalent of an estimated 94 percent of the water used in its finished...