Global Finance

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...

Australian entrepreneur Craig Wright accused of plotting to cheat partner Kleiman out of 1.1 million Bitcoins By HAL WILLIAMS AS GIBRALTAR prepares for an imminent international...

Ernest Hemmingway once said that going broke happens very slowly – and then all of a sudden. The world has been waiting for more...

THERE is no “nice” way to kill a creature for its flesh, but KFC has at least taken a first step towards a more...

THE NEWS that sales of DVDs, CDs and video games has plunged by almost a fifth should come as no surprise. After all, consumers...

PwC recently published a report in conjunction with the Lagos State Chamber of Commerce and Industry (LCCI) on the key macro-economic challenges in Nigeria....

THE WORLD Bank forecasts a slight increase in global economic growth for 2020. But the operative word is “slight”: the bank’s prediction is for expansion...

The fiscal contribution of MNEs (multinational enterprises) has been at the centre of attention for some time. Numerous instances of well-known firms paying little...

Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl Oil prices are forecast to rise to $56 a barrel...

FASHION giant Gap is the latest firm to forego bricks and mortar and embrace e-commerce, announcing plans to close its 81 stores in the...