Heineken sells Russian assets, including 7 breweries for $1.08 at a loss of $325m.
The Russian arm of the Dutch brewer Heineken has been sold for just one euro; the company said on Friday, 18 months after Moscow began
Nigeria’s Dangote Refinery raises $2.5 billion in a private placement ahead of a planned IPO.
To fortify its financial structure, Nigeria's Dangote Petroleum Refinery has raised $2.5 billion through a private placement, according to Devakumar Edwin, the company's CEO, on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Swiss regulator’s review of over 30 banks reveals that Switzerland remains a haven for money laundering.
Switzerland’s financial markets regulator stated on Thursday that a thorough investigation of more than 30 banks this spring revealed that “a large number” did not
UK hospital services to collapse as thousands of senior doctors join their juniors on another 5-day strike.
In the midst of an ongoing salary dispute between doctors and the British government, senior doctors in England are expected to go on another 48-hour
US SEC considers new rules in years for the $20 trillion private fund sector.
In a triumph for the industry, the U.S. Securities and Exchange Commission decided against outright prohibiting some fees and making it simpler for investors to
Western powers are on the brink of losing the confidence and trust of developing nations. – EIB chief.
The head of the powerful financing arm of the European Union has warned that unless the West rapidly steps up its support efforts, it runs
Egypt reports new oil discoveries in the Geisum and Tawila West Concession area.
The Geisum and Tawila West Concession in the Gulf of Suez was the site of a fresh oil discovery, according to the petroleum ministry of
US Broadcom cleared by UK regulator to acquire VMware in $69b deal.
Following an extensive phase-2 investigation, the UK’s competition watchdog announced on Monday that it had approved the $69 billion acquisition of VMware by American tech
Global hunger worsens as India’s ban on export and climate change puts rice price at a 15-year high.
Francis Ndege is unsure if his customers in the biggest slum in Africa can continue to afford to purchase rice from him. Because of higher
Warren Buffett gifts Berkshire Hathaway stock worth $27m to a charity, making a total giveaway of $50b.
Warren Buffett, an investor, has given an unidentified charity $27 million worth of Berkshire Hathaway stock. Buffett revealed in a filing with the Securities and
Nigeria’s NNPC borrows $3b from Afrexim bank to salvage the free-falling naira.
Nigeria’s state-owned oil company NNPC announced on Wednesday that it has obtained a $3 billion crude oil repayment loan from the Afrexim Bank in Cairo.
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