Nokia launches Ovi Life Tools in Nigeria

Leading telecommunications manufacturer, Nokia yesterday announced that Ovi Life Tools, its leading emerging market information service, is now available in Nigeria - one of Africa’s fastest growing economies and the continent’s largest…

Asia stocks in silent gains

Asian stock markets posted muted gains Tuesday as investors awaited the outcome of the U.S. midterm elections and the Federal Reserve's two-day meeting amid speculation over stimulus programs. Oil prices rose above $83 a barrel in Asia as…

BP raises oil spill estimates by $8b

BP lifted its estimate of the likely cost of its Gulf of Mexico oil spill by $7.7 billion to $39.9 billion on Tuesday, pushing its profits down sharply in spite of higher oil and gas prices. BP, the world's biggest non-government…

Greeks foil parcel bombs

Greek police foiled four attempted parcel bomb attacks yesterday that allegedly targeted President Nicolas Sarkozy of France and three embassies in Athens. One of the devices exploded at a delivery service, leaving a worker hospitalized…