Two weeks after Deutsche Bank gave one of its co-chief executives more power, the two Co-CEO have reportedly offered to…
Browsing: World Business
The government of South Africa is reportedly selling its 13.9 percent stake in mobile phone company Vodacom Group for at…
TANZANIA – The Bank of Tanzania, the central bank of the United Republic of Tanzania, was awarded the title of…
BEIJING, CHINA – The second Maldives Investment Forum will be held in Beijing in September this year, a local newspaper…
The US government has reported that the country’s economy contracted by 0.7 percent annually in the first quarter of this…
Despite the region’s low insurance penetration, Asia-Pacific is poised to become a dominant player of the world insurance growth by…
GENEVA – The International Air Transport Association (IATA) and the United Nations Economic Commission for Europe (UNECE) signed a Memorandum…
US-based Southwest Airline Co, the world’s largest low-cos carrier, is adding new domestic and international service in the next several…
WASHINGTON – Unemployment rate in the United States dropped to 5.4 percent in April, the lowest rate since May 2008,…
TEXAS, USA – American Airlines Group Inc. announced the appointment of two Air Operations officers to its leadership team. Kimball…
San Francisco-based video-game maker Zynga announced that it will cut about 18 percent of its workforce by the fourth quarter…
USA – Avon Products, the 129-year-old cosmetics empire that directly sells beauty products, seemed to have lost its appeal a…
After releasing a report in March that said the amount of bitcoin trading activity in China has risen, Goldman Sachs…
MONTREAL, CANADA – Montreal-headquartered Stingray Digital Group Inc, a leading B2B multi-platform music and in-store media solutions provider operating on…
CALIFORNIA – Trek Bicycle Corporation, a major bicycle product manufacturer and distributor, has ordered a recall of about one million…
The world’s largest chain of hamburger fast food restaurants, McDonald’s, announced that it will close about 700 stores around the…
PENNSYLVANIA, USA – Teva Pharmaceutical Industries, an international pharmaceutical company headquartered in Petah Tikvah, Israel, has reportedly offered to buy…
ISLAMABAD, PAKISTAN – China, the world’s second-largest economy, is set to sign deals worth USD50 billion with Pakistan under the…
LONDON – A.M. Best has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb”…
DUBLIN, IRELAND – Luxembourg-based Ardagh Group, a glass and metal packaging solutions giant, is reportedly finalizing a deal to acquire…