Chinese President Xi Jinping is already one of the most powerful leaders in his country’s history. Now he’s poised to […]
Oil-Rich Nigeria Fuel Scarcity Weighs on Buhari’s Popularity
Lines of cars and trucks snaking around blocks in the center of the Nigerian capital, Abuja, highlight the state’s failure […]
Comcast challenges Murdoch with $31 billion offer to buy Sky
Comcast Corp, the biggest cable operator in the United States, offered on Tuesday to pay $31 billion to buy Sky, […]
Weinstein Co. to File for Bankruptcy After Deal Collapses
The Weinstein Co. is set to turn to bankruptcy to try and save its entertainment assets from the financial problems […]
Latvia Scandal Places ECB Role as Bank Supervisor Under Scrutiny
U.S. claims that a Latvian bank laundered money and violated sanctions on North Korea led to the lender’s demise in […]
Commonwealth: Nigeria Could Be A Key Brexit Ally
Britain voted to exit the European Union in 2017, a decision that has now famously been termed “Brexit.” In recent […]
China’s Huawei Set To Lead Global Charge To 5G Networks
China’s Huawei is forging closer commercial ties with big telecom operators across Europe and Asia, putting the company in prime […]
How General Electric Gambled On Fossil Fuel Power
Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite […]
Burkina Faso Seeks New Partner for $1 Billion Manganese Project
Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two […]
Nigeria Takes Steps to Avoid Repeat of Etisalat Collapse
Nigeria’s telecommunications regulator said tougher financial-health checks on the country’s biggest mobile-phone companies could prevent a repeat of last year’s […]
IMF Withdrew Permission For Kenya To Tap Standby Loan
The International Monetary Fund (IMF) withdrew Kenya’s access to a $1.5 billion standby loan in June. That hasn’t stopped the […]
Noble, Delek Sign $15 Billion Deal to Export Israel Gas to Egypt
A $15 billion deal to export Israeli gas to Egypt is moving forward after months of talks, bringing the Jewish […]
Nigeria Sells $2.5 Billion Eurobonds to Replace Naira Debt
Nigeria sold $2.5 billion of Eurobonds on Thursday as it sought to lower funding costs by using the notes to […]
The $1.8 Billion Indian Bank Fraud that Went Unnoticed
The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and […]
South Korea’s Moon Bemoans GM Plant Closure
South Korean President Moon Jae-in said on Monday General Motors Co’s (GM) (GM.N) decision to shut down a factory south […]
Amazon’s $1.2Million Settlement Over Pesticide Sales
Amazon.com Inc will pay a $1.2 million penalty to settle nearly 4,000 alleged violations of U.S. law in a […]
Asia’s Biggest Private Equity Acquirer Is Seeking $6 Billion
Hillhouse Capital Management, the Chinese investment firm that last year helped lead Asia’s biggest-ever buyout deal, is targeting to raise […]
Warren Buffett’s Bumpy Ride With IBM Draws to a Close
Warren Buffett is just about done with International Business Machines Corp. His conglomerate, Berkshire Hathaway Inc., reported that it cut […]
Britain To Add Nigeria’s Naira To List Of Accepted Trade Currencies
The naira will become one of three West African currencies that UK Export Finance has pre-approved for its programme of […]
IBM lawsuit casts diversity in starkly competitive terms
International Business Machines Corp’s (IBM) insistence in a new lawsuit that its efforts to recruit and maintain a diverse workforce […]