Economy

Jack Ma says US jobs pledge thwarted by trade row

Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the United States had been scuppered by the trade row between Beijing and Washington, Chinese state news reported Thursday.

more

Italy court acquits Eni,ex-boss in Algeria corruption case

An Italian court on Wednesday acquitted energy major Eni and its former boss Paolo Scaroni of bribery in Algeria between 2007 and 2010.

more

VW to stop doing business in Iran

Volkswagen has bowed to American pressure stemming from the United States rejection of the multi-party nuclear deal and will end almost all business in Iran, Bloomberg News reported Wednesday.

more

SA’s former Mineral resources Minister pressured Nedbank to take Gupta linked accounts

South Africa’s Former Mineral Resources Minister Mosebenzi Zwane tried to pressure Nedbank into keeping the accounts of Gupta-linked entities open, even allegedly threatening that something may happen to the bank’s licence.

more

McDonald's spared in EU tax probe

The European Union on Wednesday ended a long-running investigation into the tax arrangements between US fast food giant McDonald's and Luxembourg, finding the setup did not amount to illegal state aid.

more

Virtual currency hacked in Japan

Bitcoin and other digital currency worth around $60 million have been stolen in Japan following a hacking attack, a virtual exchange operator said on Thursday.

more

AGF provides financial aid to African Business

The African Guarantee Fund (AGF), which supports small and medium-size enterprises (SMEs) on the continent, has provided $71 Million to businesses with climate friendly businesses across Africa.

more

Nigeria to suspend national airline project

Nigeria has suspended its plan to relaunch its national airline, a junior aviation minister said on Wednesday.

more

Multichoice to take on Netflix

South African media and e-commerce group Naspers’ plan to spin off Multichoice, Africa’s biggest pay-TV business by subscribers, will free up cash for the unit to compete with fast-growing Netflix and other streaming services.

more

Kenya President proposes tax hikes on money transfer services

Kenya's President has proposed hiking taxes on mobile payments and other money transfer services, documents sent to parliament this month showed, amid tussle in government over how to boost revenues without hurting the poor.

more

Web Content Viewer (JSR 286)

Actions
Loading...

ADVERTISEMENT

Web Content Viewer (JSR 286)

Actions
Loading...