Latest Business News
India unveils sweeping investment reforms
India has announced a broad relaxation of foreign direct investment (FDI) rules…
Bond yields for 5-year term jump by 0.82%
Ministry of Finance cancels 10-year term bonds initially planned to be issued…
BP sanctions development of 1.5tn cubic feet Atoll field in Egypt
Early production will bring up to 300m cubic feet per day starting…
Value of naira plummets after Nigeria ends dollar peg
In response to continued low oil prices, the Nigerian Central Bank floated…
German soccer association extends contract with Adidas
Spurning Nike yet again, Germany's national soccer association has chosen to stay…
Hyundai’s sales decline improves by 11%
Verna is topping sales with 4,774 units, and Elantra HD jumped from…
Banque Misr raises interest rate by 1% on deposits, 0.75% on savings accounts
The interest rates increase on the higher deposits, depending on the segments…
Ex-VW CEO investigated for market manipulation
German prosecutors say they have launched a formal probe into market manipulation…
Henkel Egypt targets every grocery store, supermarket in Egypt
Export to Africa is key purpose of pouring €40m into building a…
Why India’s central banker is a matter of hot political debate
Raghuram Rajan, the acclaimed governor of the Reserve Bank of India, has…