Staff at UK banks face layoffs in the lead-up to Christmas in what one labor union called “disgraceful”…
Category: Business
Private firms to run five power transmission lines
At least five electricity transmission lines will soon be run by private investors as the government…
Some OPEC+ members will cut the oil that they send to the world to try to boost prices
LONDON (AP) — The OPEC oil cartel led by Saudi Arabia and allied producers including Russia…
Zambia’s foreign debt crisis: This is the way to solve its crisis
Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all…
Morgan Stanley blocks Kenyan firms from global index on dollar shortage
The Morgan Stanley Capital International (MSCI), an international trading indices firm, has barred new Kenyan companies…
ABCs of building a hanging garden
A hanging garden is a common trick utilised by plant lovers living in an apartment or…
Treasury slaps online forex brokers with new levy
The Treasury has introduced a regulatory fee on online forex brokers, opening an extra revenue stream…
Explainer: Africa’s new online foreign exchange system
The high cost of making cross border payments on the African continent has driven governments on the continent…
Germany is having a budget crisis. With the economy struggling, it’s not the best time
FRANKFURT, Germany (AP) — With its economy struggling, Germany now is wrestling to find a way out…
Beijing police investigate major Chinese shadow bank Zhongzhi after it says it’s insolvent
HONG KONG (AP) — Police are investigating suspected crimes of a Chinese wealth company owned by…