High demand during the festive season prompts banks and refiners to make big overseas purchases.
In a landmark deal, U.S telecom giant AT&T has announced buying Times Warner for 85.4 billion dollars.
Amid speculations that Britain may choose a “hard” exit from the E.U., the pound fell 0.4 % on Monday morning.
The bank still faces almost 20 claims over its sale of mortgage-backed securities in the U.S.
By Michael Lerner Uber hopes to win over customers and reduce Kampala's heavy traffic simultaneously.
The so-called Niger Delta Avengers have warned oil firms to leave the region within two weeks.
by Michael Lerner As climate change-induced drought happens more, Zambia looks to diversify with solar.
by Michael Lerner The government hopes restoring rangeland will alleviate future droughts.
Michael Pearson's severance package was $9 million plus this opportunity.
By Michael Lerner A U.S. trade mission aims to partner with a viable domestic Mexican ethanol industry.
The firm is moving away from its traditional business of selling chips used in personal computers.
Raises a whopping $65bn with sale of debts.
The bank keeps negative deposit rate unchanged and decides to buy long-term government bonds.
Despite a number of stimulus measures, Japan’s core inflation slumped for the fifth consecutive month in July.
The country’s biggest stimulus package since the global financial crisis falls short of economists' expectations.
P.M. Narendra Modi tweeted that India is now the country most open to FDI in the world.
The E.U. says Apple's tax deals with Ireland amounted to state aid and might have breached the bloc's laws.
British banking giant blames weak performance on considerable uncertainty in financial markets.
Italy’s unemployment rate has reached 11 percent, with its banking sector crippling under massive bad debts.
Indian steel giant has been reprieved by a raft of government incentives and rising steel prices.
The two countries stop short of pledging a production freeze despite calls from several O.P.E.C. members.
By Michael Lerner The tentative deal to sell Tehran 100 passenger aircraft will need Washington's approval.
Aramco increased output to an all-time high last year while keeping its reserves unchanged.
Saudi Arabia also indicated that it would increase crude oil production.
Germany's flagship lender repackaged unsafe loans as safe investments and then sold the risk on to others.
Accuses company of acting on behalf of sanctioned N. Korean bank.
New report finds that about one in three firms surveyed thought their busineess would be negatively impacted.
A combined Mondelez-Hershey would command an estimated 18% of the global confectionery market.