Anheuser-Busch InBev SA, the world's largest brewer, has agreed to buy South Korea's Oriental Brewery Co Ltd from KKR & Co and Affinity Equity Partners for $5.8 billion including debt, regaining ownership of a key Asian asset at a...
China's central bank is offering emergency funding support to commercial banks amid a spike in cash rates, sources with direct knowledge of the move told Reuters on Monday.
The People's Bank of China (PBOC) will offer up to 120 billion...
Toyota Motor Corp (7203.T) may reconsider investing up to 20 billion baht ($609 million) in Thailand, and could even cut production, if political unrest drags on, the head of the Japanese automaker's local unit said on Monday.
Toyota is the...
Oil major Royal Dutch Shell (RDSa.L) said on Monday it had agreed to sell stakes in a gas project in Western Australia for $1.14 billion as part of a drive to improve return on investment.
Shell is selling an 8...
South Africa's ailing economy cannot afford more mine labor unrest, Finance Minister Pravin Gordhan said on Monday, after the platinum industry's main trade union said it would launch a strike at the world's top three producers this week.
A wave...
Barely a year before the 2015 general elections, some politicians are adopting laughable political antics just to attract media attention and better their chances of retaining a semblance of relevance in the run-up to the elections. Pranks of this...
Martin Luther King, Jr., the American civil rights leader, is reported to have said, “Injustice anywhere is a threat to justice everywhere.” The truth in this quote cannot be overemphasised. As such, I am moved to show solidarity with...
A Taliban suicide bomber and gunmen attacked a restaurant popular with foreigners in the heart of the Afghan capital Kabul, killing 21 people including three United Nations staff and the International Monetary Fund's top representative in Afghanistan.
Gunmen burst into...
More than 98 percent of voters backed a new Egyptian constitution in a referendum this week, authorities said on Saturday, though the turnout was lower than some officials had indicated, with under 40 percent of the electorate taking part.
The...
U.S. President Barack Obama told Germans and their leader on Saturday he would not let intelligence work damage relations, and differences of opinion between the two countries was no reason to wiretap.
In a rare interview on German TV, Obama...
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
