bloomberg news

Nigeria Starts Auctioning Yuan as It Deepens Ties With China Bloomberg Full coverage Read more via nigeria – Google News – https://ift.tt/2uR2c26 Get more: Nigeria Business News

Elon Musk apologized to British diver Vern Unsworth after the Tesla Inc. chief executive officer labeled him a pedophile earlier this week in.... Read more via Bloomberg News – https://ift.tt/2JwTknR Get more World News

Donald Trump’s personal driver for more than 25 years says the billionaire real estate developer didn’t pay him overtime and raised his salary twice in 15 years, clawing back the second raise by cutting off his health benefits. Noel Cintron, who is listed in public records as a registered …...

A Pakistani court convicted former Prime Minister Nawaz Sharif on charges of corruption, a judgment that will likely dent the former ruling party’s prospects ahead of national elections.... Read more via Bloomberg News – https://ift.tt/2MVDmpB Get more World News

Investors looking for a haven amid the rout in emerging markets over the past two months would have found one in Nigeria’s domestic debt. Naira bonds issued by the government have.... Read more via Bloomberg.com – https://ift.tt/2JE4GqX Get more: Nigeria Business News

Japanese wage data released on Wednesday dimmed hopes that the tightest labor market in decades was finally driving pay increases sharply higher. A 2 percent on-year jump in overall cash earnings.... Read more via Bloomberg – https://ift.tt/2LZunnn Get more World News

The chance to dine with Warren Buffett costs $3.3 million this year. That was the winning bid for a lunch with the billionaire investor in a week-long charity auction that concluded Friday on EBay Inc.’s website. This year’s price was short of the $3.46 million record, ranking third in …...

Ibeto Cement Co. Ltd., a privately owned Nigerian producer of the building material, signed a deal to get $850 million in financing from Milost Global Inc, according to the New York- based private equity firm. Milost will provide $500 million in equity and $350 million as debt to the …...

Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand its facilities and attract more business from major production companies. Family-owned Ladol, where Samsung Heavy Industries Co. Ltd. is completing the...

Ibeto Cement Co. Ltd., a privately owned Nigerian producer of the building material, signed a deal to get $850 million in financing.... Read more via Bloomberg News – https://ift.tt/2slGguO Get more: Nigeria Business News

Meghan Markle announced Thursday her father will not be at her marriage to Prince Harry due to health problems. “Sadly, my father will not be attending our wedding,” she said in a statement released by Kensington Palace. Read more via Bloomberg – https://ift.tt/2rPYtk7 Get more World News

Unidentified gunmen killed at least 45 people in an attack in a central Nigerian region that has been plagued by violence between farmers and herder communities Read more via Bloomberg – https://ift.tt/2HXf0JS Get More Nigeria Metro News

Oil’s recovery buoyed by potential supply risks was capped by expanding U.S. crude inventories while American President Donald Trump nears a decision on whether to reimpose sanctions on Iran. Futures in New York were little changed after rising 1 percent on Wednesday, the biggest gain in two...

Xiaomi Corp. became the first major company to use Hong Kong’s new rules for going public, filing for what’s expected be the world’s biggest debut since 2014. The Chinese smartphone maker is taking advantage of changes in the former British colony that mean companies with different share...

Deutsche Bank said it will significantly reduce its workforce during 2018, Bloomberg News reports. In a statement the lender said it would also scale back its U.S. rates and trading operations, along with holding a review into its global equities division. Developing… Read more via...

As Zimbabwe prepares to hold its first election since Robert Mugabe was toppled after almost four decades in power, a key question is whether the government can accomplish something he failed to do: oversee a free vote. Whether the election due before Sept. 1 is regarded as fair may determine...

Ian Khama, a former army general who’s led Botswana for the past decade, will step down on Sunday, leaving his deputy Mokgweetsi Masisi in charge of the world’s second-biggest diamond producer until next year’s elections. While Masisi, 55, will inherit one of Africa’s wealthiest and...

Zimbabwe’s government will allow white farmers to apply for 99-year leases on land, rescinding a policy implemented under former President Robert Mugabe that limited them to five-year contracts. About 3,500 white Zimbabweans owned close to 4,500 farms until 2000 when government-backed militants...