Business

AFP photo Russian investigators have charged Economy Minister Alexei Ulyukayev with extorting a $2 million bribe from Rosneft, Russia’s biggest oil company, in a case that threatens to expose fault …

People who love Nutella hazelnut spread in Italy, can now purchase burgers at McDonald’s that are filled with the sweet delight. On Thursday, McDonald’s announced the availability of the new …

REUTERS photo Samsung Electronics said on Nov. 14 it would buy U.S. auto parts maker Harman International Industries for $8 billion in a bid to enter the growing market for …

The 25 per cent drop in output and higher costs will lead to the rise in prices of foie gras products this year New outbreaks in Europe of a severe …

A family-owned grocery chain selling lychees and almond milk would have been an unlikely target when giant private equity funds were spending big in Africa. But as times have got …

A container is loaded on to the first Chinese container ship to depart after the inauguration of the China Pakistan Economic Corridor port in Gwadar, Pakistan November 13, 2016. REUTERS …

Mozambique Central Bank’s new headquarters in Maputo Mozambique’s central bank has ordered the closure of privately owned Nosso Banco, it said at the weekend, less than two months after a …

Botswana will not sell back its troubled 600 megawatt power plant to the Chinese company that built it, as had been widely expected, and will instead offload it to a …

Egypt’s banks have bought $1.4 billion since the country’s pound currency was floated earlier this month, Central Bank Governor Tarek Amer said on Saturday to Al Mal, a local financial …

South African state power utility Eskom Chief Executive Brian Molefe said on Friday he would step down in January, a week after he was implicated in a report by the …