Tag: Bloomberg

Nigerian businessman Tony Elumelu’s Transnational Corp. of Nigeria Plc was named the preferred bidder for Afam Electricity Generation Co. with ...

Stocks were mixed on Thursday as investors switched their focus from monetary policy back to company earnings and the outlook ...

South Africa’s rand slipped to a three-week low in early trade on Wednesday as robust U.S. economic data supported the ...

Tiffany & Co. has been expanding its workforce in sub-Saharan Africa -- a region of almost one billion people where the ...

The diverging fortunes of fuel products derived from crude are influencing two oil benchmarks more than the state of supplies ...

South African benchmark bond yields fell to the lowest in 10 months and the rand extended gains after Moody’s Investors Service chose ...

The imminent arrival of a new group of investors in China’s domestic bonds is set to strengthen the hand of ...

Alibaba Group Holding Ltd. may get its cheapest dollar-denominated syndicated loan ever as it negotiates with banks to amend terms of ...

Chief Executive Officer Dara Khosrowshahi has cut the largest deal of his tenure, buying Middle Eastern ride-hailing competitor Careem Networks FZ for $3.1 billion. Uber ...

Europe’s economic outlook was thrown into fresh doubt after reports showed weakness across France and Germany. Hopes that the slowdown ...