This week, Emmerson Mnangagwa, president and ostensible new face of Zimbabwe, cut short a foreign trip, skipping Davos to attend...
Atiku Abubakar, the leading opposition challenger to Nigeria’s president, has said he would seek to overhaul oil production deals with...
While the new Democratic-controlled House of Representatives makes legislative reforms in financial regulation very unlikely, we predict the financial regulators will continue to effect change in key areas....
UK retail sales in December were the weakest in a decade, barely rising from a year before. So said the industry’s lobby group, the British Retail Consortium. ...
When Huawei released its latest chip set in Shenzhen this month, the state-run Global Times newspaper hailed the “groundbreaking” development as a “boost” for China’s domestic chipmaking industry, “often portrayed as overly reliant on foreign suppliers”....
Global regulators are starting to home in on an academic theory on the drawbacks of overlapping corporate ownership by investors, a trend that could pose a threat to the $80tn asset management industry....
The White House and congressional Democrats are heading for a clash over the ratification of the revised Nafta agreement, raising the prospect of a protracted stand-off and possibly new negotiations with Canada and Mexico....
Brussels has fined Mastercard €570.6m for limiting banks’ ability to shop around between member states to offer lower fees, thereby restricting competition between banks and raising the cost of card payments for both retailers and customers....
Global leaders, corporate titans, academics and thinkers are gathering in the Swiss ski resort of Davos for the annual World Economic Forum, which begins on Tuesday morning....
At the time, it appeared life-saving surgery for Toys R Us. In 2016, a trio of private equity firms that had paid almost $7bn for the toy retailer 11 years earlier offered owners of about $600m of unsecured bonds new debt that came sweetened with a stronger claim on the company’s assets....
UBS cast a shadow across Europe’s banking sector as Switzerland’s biggest lender blamed an economic slowdown and geopolitical tensions for missing analysts’ profit forecasts and for causing almost $13bn of client outflows....
Zimbabwe remained on edge on Monday following a violent crackdown on protests over the country’s mounting economic crisis, with President Emmerson Mnangagwa set to return home after cutting short an overseas trip to deal with the tensions and continuing arrests of protesters....
As protests raged in Zimbabwe’s cities last week, with police firing live ammunition at crowds who barricaded roads with burning tyres, the target of their anger was 8,000km away....
India’s new central bank governor was terse when asked whether his institution was poised to transfer Rs400bn ($5.7bn) to Prime...
The global economy is weakening faster than expected with risks increasing from trade wars and volatility in financial markets, the...