Dubai Investment Fund Pays $300m For Stake in Dangote Cement
Sovereign fund Investment Corporation of Dubai (ICD) has bought a 1.4 percent stake in Africa’s leading manufacturer Dangote Cement for...
Banco Santander Chairman Emilio Botin Dies of Heart Attack
Emilio Botin, chairman of Banco Santander SA. Banco Santander SA (SAN), Spain’s biggest bank, said Chairman Emilio Botin died at...
Russia, China agree to settle more trade in yuan and rouble
Arrangement of various world currencies including Chinese Yuan, Japanese Yen, US Dollar, Euro, British Pound, Swiss Franc and Russian Rouble...
No new debt for Germany in 2015, first time since 1969
German Finance Minister Wolfgang Schaeuble speaks during the budget debate in the Bundestag, the lower house of parliament, in Berlin...
SAC’s Martoma gets nine years prison for insider trading
Former SAC Capital Advisors portfolio manager Mathew Martoma (C) exits the U.S. District Court for the Southern District of New...
EBay’s PayPal Unit to Start Accepting Bitcoin Payments
EBay Inc. (EBAY)’s PayPal service will start accepting bitcoins, opening up the world’s second-biggest Internet payment network to virtual currency...
Ghana Plans IMF Talks for Help With Worst Africa Currency
Ghana’s Finance Ministry will start talks with the International Monetary Fund as early as next week with support from the...
When new ideas breed new losers
Everyone loves innovation, right? New ideas help us do so many things better, whether it is computers for productivity or...
Wall Street falls late afternoon; Apple shares cut gain
U.S. stocks were down sharply in late afternoon trading on Tuesday in a broad selloff as shares of Apple (AAPL.O)...
Ghana to Double Oil Production by 2017 on Tullow, Eni Deposits
Ghana will double crude production by 2017 as offshore deposits being developed by Tullow Oil Plc and Eni SpA start...