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Alibaba expanding reach beyond online, buys 36% stake in China’s second largest retailer
In an attempt to expand beyond its online turf, e-commerce…
Russia, Venezuela sign $3.15bn restructuring deal
Russia signed an agreement to restructure $3.15 billion of debt…
Russia negotiating with more than 30 countries over sales of its MiG-35s
Russia is targeting export sales of at least $10 billion…
Kenya government, banks agree to convert $405.3m of debt to equity
Kenya’s government and domestic lenders agreed to convert $405.3 million…
ToLet.com.ng acquires Jumia House to trade as PropertyPro.ng
ToLet.com.ng, Nigeria’s leading online property classifieds portal, has in conjunction…
America’s Sprint targets MVNO deals as merger with T-Mobile crashes
Sprint, America’s fourth-largest wireless carrier, is targeting mobile virtual network…
Rio, ex-CEO face fraud charges on $3.7bn coal calamity in US
Rio Tinto Group’s calamitous $3.7 billion coal deal in Mozambique, involving a…
Israel gets $240mn Africa deal to protect aircraft from missiles
Israel’s Elbit Systems Ltd. said Tuesday it won a contract…
GE plans sale of industrial solutions unit as it divests non-core assets
General Electric Co. is nearing a deal to sell its…
UK sold £3.6bn worth of arms to Saudi Arabia during Yemen conflict, report reveals
Since the start of the conflict in Yemen in 2015,…
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