The company is being offered as much as $146.5 million by Kentucky to expand a plant in the state that’s Toyota’s largest in North America. Photo: Tomohiro Ohsumi/Bloomberg Los Angeles: Toyota Motor Corp., the world’s largest automaker, is preparing to start production of Lexus cars in the US for the ... Read More

The "Twitter" logo seen on a tablet screen (AFP/File/Lionel Bonaventure) SAN FRANCISCO: Twitter said it acquired the emerging music software firm We Are Hunted, amid reports that the popular messaging platform was readying its own music service. "Welcome to Twitter! wearehunted," a tweet from the company said late Thursday. San Francisco-based We ... Read More

A Facebook employee holds a phone that is running the new "Home" program. (AFP/Justin Sullivan) NEW YORK: Facebook said on Tuesday that features from its new Home software for Android-powered smartphones will begin spreading this week to Apple's popular iPhones. "Home was about our ability to demonstrate what you can do ... Read More

Visitors look at a wall with Panasonic 3D monitors during the IFA consumer electronic fair in Berlin on September 02, 2011. (AFP/Michele Tantussi) The president and chief executive of Japanese electronics giant Panasonic will have their salaries halved as part of a move to take the blame for the firm's ... Read More

11th April 2013 Bookmark and Share Polish Prime Minister Donald Tusk Prime Minister Donald Tusk left on an official visit to Nigeria on Wednesday accompanied by a group of Polish businesspeople. Together they will take part in a Polish-Nigerian economic forum. Companies that sent their representatives with the prime minister include several state-owned ... Read More

A new SMS tool has been developed to assist small traders and businesses to tackle problems and barriers they face when moving goods across African borders. Developed in South Africa, the SMS system makes it as easy as possible to report non-tariff barriers (NTBs) to trade on the continent. It was ... Read More

In his budget proposal for 2013, US president Barack Obama called for more money to be fed into cyber security to protect the country from cyber attacks. President Barack Obama proposed on Wednesday increased spending to protect U.S. computer networks from Internet-based attacks in a sign that the government aims to ... Read More

LONDON, Prices in the $3-trillion-plus global petrochemicals market fell 5% to $1,378 per metric ton (/mt) in March, according to the just-released monthly average of the Platts Global Petrochemical Index (PGPI), a benchmark basket of seven widely used petrochemicals. This followed a 6% increase in February. On a year-over-year basis, petrochemical ... Read More

LAGOS - Nigeria's stock exchange .NGSEINDEX is reviewing applications from some leading global investment banks to join its trading floor, as reforms aimed at improving liquidity and transparency bear fruit, its CEO said on Wednesday. Bourse CEO Oscar Onyema told the Reuters Africa Investment Summit in Lagos that a return of ... Read More

MTN Group Ltd. (MTN), Africa’s largest mobile-phone operator, may spend as much as $8 billion on an acquisition, building on an increase in spending on networks last year that held back earnings. The company is seeking targets in Africa, Southeast Asia and the Middle East and will look at those that ... Read More