Global Finance

Boeing 737 MAX

Max woes continue for Boeing, with production halt mooted

BOEING may halt production of the controversial 737 Max because of the aircraft’s grounding in the wake of two fatal accidents. (Click here to see...

Case study: Jeff Bezos

Amazon boss gives peers a tactical lesson in how you can achieve growth while going for broke NESTLED on the outskirts of a former coal...
Shaking hands with blue latex gloves (Image by rawpixel.com)

PPE glove manufacturer to shut half its plants as Covid hits

By Hal Williams IN A BLEAK Covid irony, the world's largest manufacturer of personal protection latex gloves will shut 28 of its factories — because...

PwC: Technological Innovation to Drive Growth in Africa’s Agribusiness

Currently, agriculture is standing on the edge of a second green revolution. This revolution will entail fundamental shifts in how the agricultural sector uses...

Financing the Future: Leveraging the Power of Investment

Projected growth rates for emerging economies are slowing down. The International Monetary Fund (IMF) expects their convergence with more advanced economies to take place...

Russia’s Aviation Industry: Ready for Take-Off

There were some impressive claims amid the recent hype surrounding the MC-21, Russia’s new medium-range passenger jet. The Siberian-made airliner is said to weigh 15%...
Oleg Tinkov

Russian banker gives up citizenship over war

BILLIONAIRE Russian banker Oleg Tinkov has renounced his Russian citizenship in protest at the war in Ukraine. Tinkov, the founder of online Tinkoff Bank, said...

Profits ‘close to zero’ for John Lewis Partnership this year

A rough first six months means closure for some UK Waitrose stores FIVE British Waitrose outlets – four convenience shops and a supermarket – are...
MasterCard, VISA cards. Credit card borrowing illustration

An ill-wind for Visa quickly blows in Mastercard’s favour

AMAZON has told customers in the UK that it will stop accepting Visa credit cards early next year because of high transaction fees. The retail...

EIB Investment Plan for Europe: Revolution in Use of Public Resources

The Marshall Plan did much to inject life into the post-war recovery of Europe. Initially comprising $13 billion, mostly in direct aid, the plan...