Africa

Nigerian cosmetics industry is facing crisis as its capacity utilisation drops to less than 20 percent, from 40 to 50...

Nigerian manufacturers are increasingly acquiring locally fabricated machinery as foreign exchange scarcity makes importation of factory equipment difficult. Dele Oyeku,...

Thursday’s expected release of stress test on American banks is expected to open floodgate of investments and stock buybacks by...

The number of Americans filing for unemployment benefits fell more than expected last week, pointing to shrinking labor market slack...

The U.S. government taxes American corporations on all income earned worldwide. With the highest top marginal tax rate in the...

Forecasts for U.S. economic growth are coming in slightly lower after a weak first quarter, according to a survey of...

China's sovereign wealth fund is expanding its presence in Europe by acquiring a warehouse company in a 12.25 billion euro...

European private equity firm Invest industrial has invited the investment vehicle of Alibaba's founder Jack Ma to submit a joint...

Donald Trump may think tackling climate change is bad for business. But business? Not so much. Two of the US’s...

Wealthy people are dodging even more tax than previously thought, according to new research. The wealthiest 0.01 per cent evaded...