Until a year ago, Friday Ighodaro spent three or four nights a month getting pulled out of his 30-tonne Steyr truck on the unlit highways of rural Nigeria by armed robbers. They know that long-haul truckers carry cash advances for provisions along the way, he said....
Mexico has reached a deal with gas transportation companies to settle a dispute that had raised fears that the government of President Andrés Manuel López Obrador would not respect previously agreed contracts, threatening fragile business confidence....
Fears over a recession are once again stalking markets, but many investors and analysts are more worried about a deeper, more structural shift: that the world economy is succumbing to a phenomenon dubbed “Japan- fiction”....
The Thai owner of the gourmet grocery and café brand Dean & DeLuca plans to issue $60m of long-term debt in a bid to revive the US fortunes of a chain that was a pioneer in selling pricey curated cheeses, olive oils, and cakes....
Brazil’s president, Jair Bolsonaro, said he would only consider accepting an aid package to help put out fires raging across the Amazon rainforest if his French counterpart, Emmanuel Macron, takes back his “insults”....
When Justin Trudeau vowed that Canada would “not escalate but . . . not back down” in its diplomatic spat with China last week, Beijing dismissed the comments as “loudness”....
Iran’s President Hassan Rouhani has ruled out holding talks with Donald Trump until the US has agreed to lift all its sanctions on the Islamic republic, warning that he would not take part in a photo opportunity....
Akey former Federal Reserve policymaker has stirred debate with a controversial essay about how the US central bank should respond to a worsening economic outlook brought about by the Trump administration’s trade war with China....
Philip Morris International is in talks with Altria to reunite the US and international makers of Marlboro, in a merger to create a tobacco giant with a market value of more than $210bn...
When Croatia beat France in the final of last year’s Davis Cup, the flagship team event in men’s tennis, the victory marked the end of an era....
IWG, the world’s largest shared office group, is in talks to spin off its US business into a separately listed company in New York. Mark Dixon, chief executive of the London-listed group, has held early-stage talks with investment banks about the plan, which was first reported by Sky News this weekend....
How likely are you to recommend your company as a place to work? Would you boast about your company to your friends? Now, how do you feel about bigging up your workplace publicly, or remonstrating with critics who attack it?...
Indonesia has named the site in East Kalimantan on the island of Borneo where it plans to build a new capital to replace Jakarta, President Joko Widodo announced on Monday....
For the world’s central bankers gathered in Jackson Hole, there was a sense that things would never be the same again. The developed world had experienced a “regime shift” in economic conditions, James Bullard, president of the St Louis Federal Reserve, told the Financial Times....
German banks grappling with the burden of negative interest rates are fighting back against a proposal to ban them from passing on the costs to their retail depositors. They warn that such a move could unleash “dangerous instability” on financial markets....