Month: May 2022

Britons’ visits to supermarket stores rose 7% year-on-year in the four weeks to May 21. As they shopped around for…

The plan aims to combine TIM’s fixed network with that of CDP-controlled broadband rival Open Fiber as CEO Pietro Labriola…

Taraba, Kogi and Kebbi States recorded the highest air transport charges for specified routes single journey in April 2022. This…

FIRST CITY Monument Bank has said it now offers auto loans of up to N30m at a reduced interest rate…

Japan’s consumer confidence index rose in May for a second straight month, the government said on Tuesday, as households enjoyed…

GSK (GSK.L) said on Tuesday it would pay up to $3.3 billion to acquire privately held biopharmaceutical firm Affinivax to…

Russia became the fourth-largest oil supplier to India in April. Russia’s share in India’s oil purchases rose to a record…

U.S. private-equity firm KKR has agreed to buy London-listed power generation company ContourGlobal (GLO.L) for 1.75 billion pounds ($2.16 billion)…

Ukraine will not reopen the Sokhranovka gas transit route from Russia to Europe until Kyiv obtains full control over its…

Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China’s Xiaomi Corp in February…

Tesla Inc on Wednesday made its first exports from China, since reopening its Shanghai factory on April 19. A shipment…

Oil marketers have said that the fuel scarcity being experienced in Abuja will not spread to Lagos State and other…

Universal Insurance Plc may soon join the firms that have met the new capital base of N10 billion ordered by…

The small businesses will have to be in operation for two years, have a minimum issued share capital of Sh10…

The shilling closed trading at Sh116.1 to the dollar, compared to Tuesday’s Sh115.99 and has depreciated from Sh113.13 at the…

Tanzania banned sugar from Uganda in 2019, saying the imports originated from third-party countries.Presidents Samia Suluhu and Yoweri Museveni agree…

Telecommunication companies had recently proposed a 40% hike in the cost of calls, SMS, and data. This is as a…

Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion) in the…

U.S. wholesale inventories increased solidly in March, though the pace slowed from the prior month amid rising sales, government data…

IKEA retailer Ingka Group is spending $3.2 billion through 2023 on new and existing stores, much of it to modify…

Most Gulf stock markets fell in early trade on Monday, tracking subdued global shares on rate worries, while a tightening…

Already sitting on double-digit losses this year, stock market investors must brace for more. As the realisation sinks in that…

Britain on Thursday revoked the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange. Britain grants recognised status to…

Shell (SHEL.L) on Thursday reported a record first-quarter profit of $9.13 billion, boosted by higher oil and gas prices. The…

PPF Group will install investor Jiri Smejc as its new chief executive from June 15.PPF has assets worth around 40…

Russia’s central bank provided banks with all 550 billion roubles ($7.99 billion) on offer at a one-week repo auction on…

Robinhood Markets Inc (HOOD.O) on Wednesday said it launched a fully-paid securities lending program, which lets the online broker’s users…

As shoppers pay more for anything from coffee to ketchup, some retailers have started to cut or cap the price…

Telecommunication companies are proposing a 40% increase in the cost of calls, SMS, and data to the Nigerian Communications Commission…