Business

Trending stories

More

Latest stories

1m
DW
Allianz gets foot into US renewables market | Business |German insurer Allianz and Bank of America Merrill Lynch have committed the tax
Allianz gets foot into US renewables market | Business |
DW / Posted a minute ago
German insurer Allianz and Bank of America Merrill Lynch have committed the tax equity for two wind farms in the US developed by EDF Renewable Energy, which has played a leading role in getting wind projects in the United States off the ground. The... Read more
2m
asianage
Germany Stun guns in demand amid security concernsPrague-based Euro Security Products, or ESP, has been flooded by new orders fro
Germany Stun guns in demand amid security concerns
asianage / Posted 2 minutes ago
Prague-based Euro Security Products, or ESP, has been flooded by new orders from Germany for stun guns and can't keep up with demand. Prague: After the attacks in Paris and New Year's security scares, Germans have been snapping up self-defense... Read more
2m
AllAfrica.com
Fortis Bank, Lafarge to Produce 500 Houses This YearFortis Microfinance Bank Plc and cement producing firm Lafarge on Thursday sign
Fortis Bank, Lafarge to Produce 500 Houses This Year
AllAfrica.com / Posted 2 minutes ago
Fortis Microfinance Bank Plc and cement producing firm Lafarge on Thursday signed a Memorandum of Understanding (MoU) in Abuja for low cost housing. According to the MoU, Fortis Microfinance Bank will produce 500 homes for buyers within this year... Read more
2m
AllAfrica.com
Pact to Support Steel SectorPretoria — Government is working closely with stakeholders in the steel sector
Pact to Support Steel Sector
AllAfrica.com / Posted 2 minutes ago
Pretoria — Government is working closely with stakeholders in the steel sector to secure an agreement to support the country's primary steel production capabilities. The Department of Trade and Industry (dti) said the steel crisis is as a result of... Read more
2m
AllAfrica.com
Stanbic IBTC to Support Businesses GrowthLagos — Stanbic IBTC Bank has restated its commitment to ensure businesses grow
Stanbic IBTC to Support Businesses Growth
AllAfrica.com / Posted 2 minutes ago
Lagos — Stanbic IBTC Bank has restated its commitment to ensure businesses grow in a sustainable way, in line with its pledge to move individuals and businesses forward. Executive Director, Personal and Business Banking of the bank, Mr. Babatunde... Read more
2m
AllAfrica.com
Ethiopia Fails to Meet Textile Export TargetsAddis Ababa — Ethiopia has failed to meet export targets for textile exports.
Ethiopia Fails to Meet Textile Export Targets
AllAfrica.com / Posted 2 minutes ago
Addis Ababa — Ethiopia has failed to meet export targets for textile exports. Last week, the Ethiopian Textile Industry Development Institute (EDITI) said exports for the first six months of Ethiopian fiscal year 2015-16 are lagging behind the plan... Read more
2m
AllAfrica.com
Rwanda Opens Doors for Business GrowthKigali — Rwanda continues to seek ways to address existing bottlenecks that aff
Rwanda Opens Doors for Business Growth
AllAfrica.com / Posted 2 minutes ago
Kigali — Rwanda continues to seek ways to address existing bottlenecks that affect trade development along the Northern and the Central corridors and the wider market, a process the government believes cannot be successful without the private sector... Read more
2m
AllAfrica.com
Aairtel Opens Mchinji Express ShopMalawi's leading telecommunications company Artel on Friday opened an Express S
Aairtel Opens Mchinji Express Shop
AllAfrica.com / Posted 2 minutes ago
Malawi's leading telecommunications company Artel on Friday opened an Express Shop in Mchinji district. Speaking during the opening ceremony, Customer Experience Director Sibusiso Nyasulu said as a caring brand Airtel believe that customers deserve... Read more
3m
AllAfrica.com
Uganda Offers Investment PortalKampala — The government through Uganda Investment Authority is launching a One
Uganda Offers Investment Portal
AllAfrica.com / Posted 3 minutes ago
Kampala — The government through Uganda Investment Authority is launching a One Stop Centre web portal for both foreign and local investors. "The benefits of the web portal are multiple and include Improve efficiency in delivery of investor... Read more
3m
AllAfrica.com
Rwanda's Used Car Importers Decry New Tax That Has Increased Sale PriceRwanda Revenue Authority has started implementing a new tax methodology which i
Rwanda's Used Car Importers Decry New Tax That Has Increased Sale Price
AllAfrica.com / Posted 3 minutes ago
Rwanda Revenue Authority has started implementing a new tax methodology which is expected to increase the price of used cars. However, this has sent shock waves among both used car importers and buyers, who are concerned about the price increase... Read more
3m
AllAfrica.com
Burundi Refugees Boon for TradeLess than a year since the Burundian refugees started fleeing to Rwanda to esca
Burundi Refugees Boon for Trade
AllAfrica.com / Posted 3 minutes ago
Less than a year since the Burundian refugees started fleeing to Rwanda to escape a political crisis in their country, the impact of their presence is already being felt in the Rwandan commercial scene. The Burundian refugees have generally settled... Read more
3m
AllAfrica.com
Shortage of Low-Cost Houses Is Still a Challenge to Growing KigaliDespite Kigali's rapid urbanisation, the city still struggles to widen the hous
Shortage of Low-Cost Houses Is Still a Challenge to Growing Kigali
AllAfrica.com / Posted 3 minutes ago
Despite Kigali's rapid urbanisation, the city still struggles to widen the housing supply gap for residents with the lowest income. Shortage of affordable dwellings is one the biggest challenges the growing capital city faces as developers prefer... Read more
3m
Finextra
Switzerland needs to become more fintech friendly or risk irrelevanceSwitzerland's potential as a European fintech hub is being damaged by lack of G
Switzerland needs to become more fintech friendly or risk irrelevance
Finextra / Posted 3 minutes ago
Switzerland's potential as a European fintech hub is being damaged by lack of Government and bank support and a shortage of investment capital, according to a new report by Ernst & Young and Swiss Finance + Technology Association. Despite the... Read more
3m
AllAfrica.com
Mining Heavyweights Descend On Cape TownLocal and international mining industry heavyweights will descend on Cape Town
Mining Heavyweights Descend On Cape Town
AllAfrica.com / Posted 3 minutes ago
Local and international mining industry heavyweights will descend on Cape Town for the 2016 Investing in African Mining Indaba taking place from February 8 to 11. The indaba takes place against the backdrop of a slump in metal prices amid China's... Read more
3m
AllAfrica.com
Regional Integration of Securities Is UsefulRecently, the East African Securities Exchange Association (EASEA) met to once
Regional Integration of Securities Is Useful
AllAfrica.com / Posted 3 minutes ago
Recently, the East African Securities Exchange Association (EASEA) met to once again highlight the need to fast-track integration of the capital markets. There are currently independent stock markets in Dar es Salaam, Kampala, Kigali and Nairobi... Read more
4m
The Courier Mail
Signs of Japanese slowdown: OECDLeading indicators point to slower Japanese growth, Chinese stabilisation. Jap
Signs of Japanese slowdown: OECD
The Courier Mail / Posted 4 minutes ago
Leading indicators point to slower Japanese growth, Chinese stabilisation. Japan's economy may slow over coming months, while there are signs that China's economy is stabilising, according to leading indicators released on Monday by the Organisation... Read more
2 related stories
4m
International Business Times
UK government may be forced to impose sudden tax rises to reach 2019 surplus target Chancellor George Osborne may be forced to hike taxes or impose further spendin
UK government may be forced to impose sudden tax rises to reach 2019 surplus target
International Business Times / Posted 4 minutes ago
Chancellor George Osborne may be forced to hike taxes or impose further spending cuts "with very little notice" if he wants to meet his surplus target, the Institute for Fiscal Studies (IFS) has said in a damning report. The respected think tank said... Read more
4 related stories
4m
CNBC
#RIPTwitter: User outrage over changes to tweetsTwitter users went into meltdown over weekend, using the hashtag #RIPTwitter to
#RIPTwitter: User outrage over changes to tweets
CNBC / Posted 4 minutes ago
Twitter users went into meltdown over weekend, using the hashtag #RIPTwitter to vent their fury at reports of changes to the way tweets will appear in users' timelines. BuzzFeed reported on Friday that Twitter is planning to introduce an algorithmic... Read more
5m
Reuters
Chinese, Brazilian economies seen stabilizing: OECDHundreds of cars stand in the port of Rio de Janeiro, Brazil December 1, 2015.
Chinese, Brazilian economies seen stabilizing: OECD
Reuters / Posted 5 minutes ago
Hundreds of cars stand in the port of Rio de Janeiro, Brazil December 1, 2015. PARIS The Chinese and Brazilian economies are stabilizing while advanced economies are seeing steady momentum, the Organisation for Economic Cooperation and Development... Read more
2 related stories
5m
Reuters
Cognizant forecast misses estimates as clients cut IT spendingIT services provider Cognizant Technology Solutions Corp forecast current-quart
Cognizant forecast misses estimates as clients cut IT spending
Reuters / Posted 5 minutes ago
IT services provider Cognizant Technology Solutions Corp forecast current-quarter revenue and profit below analysts' estimates, as clients worldwide cut back on routine IT services spending. Shares of the company, which also reported its first... Read more
5m
Reuters
Apollo Education to be taken private in $1.1 billion dealFor-profit education provider Apollo Education Group Inc (APOL.O) said on Monda
Apollo Education to be taken private in $1.1 billion deal
Reuters / Posted 5 minutes ago
For-profit education provider Apollo Education Group Inc (APOL.O) said on Monday it would be taken private by consortium of investors in a deal valued at $1.1 billion. The offer price of $9.50 per share is a 36.7 percent premium to stock's Friday's... Read more
5m
CNBC
Apollo Education agrees to be taken privateThe investors include The Vistria Group, funds affiliated with Apollo Global Ma
Apollo Education agrees to be taken private
CNBC / Posted 5 minutes ago
The investors include The Vistria Group, funds affiliated with Apollo Global Management, and Najafi Cos. for $9.50 per share in cash for both Class A and B shares. The offer price is a 36.7 percent premium to Apollo Education's Friday's close. The... Read more
5m
CNBC
Are market conditions cataclysmic?"[MasterCard] doesn't take any risk; we think that over the long term we think
Are market conditions cataclysmic?
CNBC / Posted 5 minutes ago
"[MasterCard] doesn't take any risk; we think that over the long term we think that people are going to continue to use MasterCard," Hughes said, adding she likes that Cincinnati has been increasing its dividend for the almost 55 years. Cincinnati... Read more
6m
FOX 28 South Bend
Detroit-area water authority wants to keep Flint as customerDETROIT (AP) - The leader of the Detroit-area's regional water system says she
Detroit-area water authority wants to keep Flint as customer
FOX 28 South Bend / Posted 6 minutes ago
DETROIT (AP) - The leader of the Detroit-area's regional water system says she wants Flint to be a long-term customer instead of switching away again from Detroit water. Great Lakes Water Authority CEO Sue McCormick tells The Detroit News... Read more
7m
dna
Sensex closes down 330 points ahead of Q3 GDP dataMarket benchmark Sensex plunged by 330 points to 24,287.42 ahead of the release
Sensex closes down 330 points ahead of Q3 GDP data
dna / Posted 7 minutes ago
Market benchmark Sensex plunged by 330 points to 24,287.42 ahead of the release of GDP numbers for the third quarter as selling pressure intensified in the later half of the session on weak opening in European shares. The BSE barometer opened on a... Read more
2 related stories
7m
dna
Zomato turns profitable in India after achieving operational break-even of businessOnline restaurant guide and food ordering app Zomato has become profitable in s
Zomato turns profitable in India after achieving operational break-even of business
dna / Posted 7 minutes ago
Online restaurant guide and food ordering app Zomato has become profitable in six regions, including India, after achieving operational break-even of its businesses. The other regions are UAE, Lebanon, Qatar, Philippines and Indonesia, Zomato said in... Read more
3 related stories
7m
Investors Chronicle
Smith & Nephew hungry for growth While turnover was flat for the reported period, this heavy investment in dea
Smith & Nephew hungry for growth
Investors Chronicle / Posted 7 minutes ago
While turnover was flat for the reported period, this heavy investment in deal-making has cost the group's bottom line. But excluding the integration costs and impairments of the new businesses, as well as legal... Read more
7m
dna
Hope Indian investors show interest across all sectors in Nepal: FM JaitleyFinance Minister Arun Jaitley on Monday held bilateral meetings with his counte
Hope Indian investors show interest across all sectors in Nepal: FM Jaitley
dna / Posted 7 minutes ago
Finance Minister Arun Jaitley on Monday held bilateral meetings with his counterpart from Nepal Bishnu Prasad Paudel and expressed hope that the Indian investors in the public and private sector will show interest across all sectors in Nepal... Read more
7m
Investors Chronicle
Big data, big profitsSimon Thompson Simon managed the IC's company coverage for a decade and now hi
Big data, big profits
Investors Chronicle / Posted 7 minutes ago
Simon Thompson Simon managed the IC's company coverage for a decade and now highlights investment opportunities. He's also the creator of the market-beating Bargain Portfolio, an influential stock-picker and the author of Trading Secrets: 20 hard... Read more
10m
TheStreet.com
Wendy's (WEN) Stock Advances as Earnings, Sales Beat ExpectationsThe quick-service restaurant company posted earnings of 9 cents per share for t
Wendy's (WEN) Stock Advances as Earnings, Sales Beat Expectations
TheStreet.com / Posted 10 minutes ago
The quick-service restaurant company posted earnings of 9 cents per share for the most recent quarter, up from 7 cents per share for the year ago quarter. Revenue declined by 6.5% year over year, to $465 million from $496.7 million. Analysts had... Read more
More