Business Watch

Speaking at the Game Developers Conference, Google CEO Sundar Pichai introduced Stadia, a gaming platform that aims to combine the experience of playing, watching and building games. Google Stadia Head of Engineering Majd Baker, speaking to developers, said “the vision is that the processing resources will scale up to match…

A new report released by PricewaterhouseCoopers (PwC), a global financial advisory firm, has urged banks to look beyond the realm of cost-reduction and restructuring measures for profitability and long-term survival. The document, which presents the results of ‘PwC 2018 Productivity in the Financial Services Sector Survey’, says traditional cost-cutting strategies…

A French public health watchdog issued a warning Wednesday about the risks of several chemicals found in disposable nappies, particularly artificial perfumes, leading the government to demand that manufacturers withdraw them from their products. The Anses health body stressed there was no medical study which had proved health problems caused…

Apple has rattled investors with news that its sales have been slowing, blaming economic weakness in China. BBC reported that, in a surprise disclosure, the iPhone maker said it anticipated revenue of about $84bn (£67bn) for the three months to 29 December. In November it forecast sales of at least…

All is set for the next phase of the third edition of the International Breweries Hero’s Foundation Kickstart Programme as the week-long business training and business plan adjudication has come to a close. The next phase of the edition which is the awards ceremony is scheduled to take place December…

President Donald Trump’s administration is set to unveil revised self-driving vehicle guidelines next week in Michigan, responding to automakers’ calls for elimination of legal barriers to putting autonomous vehicles on the road, sources briefed on the matter said on Tuesday. U.S. Transportation Secretary Elaine Chao was expected to unveil the…

Enugu Electricity Distribution Company (EEDC) has set up 24/7 call centre. The electricity company said that the move is in line with its strategy towards ensuring that its customers experience quality and timely service delivery. EEDC said in a statement signed by Emeka Ezeh, Head of Communications that the call…

DANGOTE Sugar Refinery, DSR Plc, has revealed plans to raise N21.2 billion through equity injection from the capital market to fund its backward integration project and also actualise the Dangote Sugar Master Plan. The Group Managing Director, Mr. Abdullahi Sule, who made the disclosure, yesterday, at the company’s ‘facts behind…

Australia’s consumer watchdog has sued Apple Inc alleging it used a software update to disable iPhones which had cracked screens fixed by third parties. The U.S. technology giant “bricked” – or disabled with a software update – hundreds of smartphones and tablet devices, and then refused to unlock them on…

Cathay Pacific Airways, the Hong Kong based airline, and the Lufthansa Group, Europe’s leading airline group, will offer their passengers selected flights under their partner’s flight number in future (code-sharing). For Lufthansa Group customers, this will significantly improve the connections available from Hong Kong towards Australia and New Zealand. Passengers…