by Reuters | Jun 18, 2021 | Africa, Asia, Business, Economy
By Sudarshan Varadhan and Abhirup Roy CHENNAI (Reuters) -Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost 1.91 trillion Indian rupees ($25.83 billion) of value over five days...
by Reuters | Jun 17, 2021 | Africa, Business, Economy, Technology
By Emma Rumney JOHANNESBURG (Reuters) – FirstRand has found offering banking to cash-only businesses in South African townships trickier than expected, but the firms involved are also far bigger than it realised. Africa’s biggest lender by market...
by Reuters | Jun 17, 2021 | Africa, Business, Entertainment and Lifestyle, Europe, Politics, Top News, US
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday threw out a lawsuit accusing Cargill Inc and a Nestle SA subsidiary of knowingly helping perpetuate slavery at Ivory Coast cocoa farms, but sidestepped a broader ruling on the...
by Reuters | Jun 16, 2021 | Africa, Business, Elections, Politics, Technology, US
By Elizabeth Culliford (Reuters) -Facebook Inc said on Wednesday it had removed a network of fake accounts in Ethiopia targeting domestic users ahead of next week’s elections, which it linked to individuals associated with the country’s Information Network...
by Reuters | Jun 15, 2021 | Africa, Business, Economy, US
By Marc Jones LONDON (Reuters) – Efforts to restructure unsustainable debt burdens in some of world’s poorest countries has not made enough progress, the head of the International Monetary Fund Kristalina Georgieva said on Tuesday. Speaking on webcast, the...
by Reuters | Jun 15, 2021 | Africa, Business, Economy, Politics
ABUJA (Reuters) – Nigerian economic growth has resumed after the COVID shock but is lagging the rest of sub-Saharan Africa, with food inflation, heightened insecurity and stalled reforms slowing growth and increasing poverty, the World Bank said on Tuesday....
