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Reuters: Business News

Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
  • Southwest Airlines Co's mechanics, who have been in labor contract talks for more than six years, deserve a new deal that makes them among the best paid in the airline industry, but the low-cost U.S. carrier needs "more supplier flexibility" in return, the company's chief executive said.

  • Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation's economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy.

  • U.S. and Chinese negotiators met for a fifth straight day on Saturday as the two sides race against a March 1 deadline to reach agreement and prevent a further escalation in their trade war.

  • Sinking stocks and deteriorating prospects from an investment in Kraft Heinz Co pummeled the bottom line of Warren Buffett's Berkshire Hathaway Inc, which on Saturday reported a huge quarterly net loss even as operating profit soared.

  • Warren Buffett is hunting for "an elephant-sized acquisition," but he is not optimistic about getting it done.

  • President Donald Trump said on Friday there was "a very good chance" the United States would strike a deal with China to end their trade war and that he was inclined to extend his March 1 tariff deadline and meet soon with Chinese President Xi Jinping.

  • Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the U.S. Army, with 94 workers signing a petition calling on the company to stop developing "any and all weapons technologies."

  • New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information than previously known from smartphone users, including health and other sensitive data.

  • Egypt's top administrative court on Saturday lifted a ban on operations by ride-hailing companies Uber and Careem, which have faced fierce opposition from traditional taxi drivers, a judicial source and lawyer said.

  • A return to fashion of growth stocks in 2019 helped lead the overall market out of a year-end shakeout, but another multi-year run of growth performing better than value may not be in the cards.

  • Welcome to the official website of the School of Business Studies (SBS). Over the years the Departments under SBS has graduated hundreds of gallant graduates. As the Dean it is my greatest honour to have you here and will be glad to see you develop interest on the courses that the departments under the School offers. Enjoy your experience as you surf through our Website

    THE DEAN - MR. OLABISI OLASEHINDE

    General Background
    The School of Business Studies took off with the Departments of Accountancy and Secretarial Studies with less than 100 students. The number of departments has now increased to seven, as listed below:

    • Accountancy
    • Banking and Finance
    • Business Administration and Management
    • Marketing
    • Office Technology and Management
    • General Studies
    • Purchasing and Supply

    SBS HOLDS HER 10TH ANNUAL INTERNATIONAL CONFERENCE TAGGED:

    ANTICIPATED CHANGE(S) IN NIGERIA ROLES OF TERTIARY INSTITUTIONS

     CLICK ON THE IMAGE FOR DETAILS OF THE CONFERENCE

    The departments admit and graduate students in their respective disciplines, with the exception of the General Studies Department, which services all departments in the Institution. Each department offers programmes leading to the award of National Diploma and Higher National Diploma.

    Objectives
    The National Diploma programme is aimed at producing diplomates with sound theoretical and practical skills necessary to carry out a number of activities in the business world effectively. At the Higher National Diploma level, the programme is designed to produce middle/high level business management personnel for both public and private business enterprises. At the end of the programme, the diplomats should be able to function:

    • as middle-level managers and captains of industries;
    • in government organizations and parastatals in order to enhance the economic growth of the country;
    • as private entrepreneurs, setting up their own business and managing them effectively;
    • as top management personnel in small and medium-sized organizations.


    Entry Requirements for National Diploma
    The minimum entry requirement into the National Diploma (ND) Programme in the School of Business Studies is five credit passes in the Senior School Certificate Examination (SSCE) or National Examination Council (NECO) at not more than two sittings. The subjects must include English Language (Literature-in-English and Oral English are not accepted in place of English Language), Mathematics and three other subjects from Economics, Business Methods, Principles of Accounts, Literature-in-English, Commerce, History, Statistics, Geography, Government, Agric. Science/Biology. However, a candidate may be admitted into the Office Technology and Management
    Department if he has:

    • Grade II Teachers Certificate with five (5) Credits including English Language and Mathematics at not more than two sittings; or
    • an RSA/WAEC Business Studies Certificate Stage II in Shorthand, Typewriting, English Language, Mathematics and one other subjects at not more than two sittings; or
    • five credit passes in the relevant subjects in the National Business and Technical Examinations Board (NABTEB).

    Entry Requirements for Higher National Diploma
    The minimum entry requirements into the HND programme in the School of Business Studies include:

    • all the requirements for admission into the ND programme in Business Studies;
    • a minimum of Lower Credit Pass (CGPA of 2.50) in ND Business Studies or related programme; and
    • a minimum of one year post-ND cognate work experience in Internship.

    In exceptional cases, ND diplomats with a Pass (CGPA of 2.00 – 2.49) in the ND examination, with two or more years of work experience in the specific field may be considered for admission into the HND programme.