Business

World's longest aircraft to fly Beijing-New York route

Air China will fly the Boeing 747-8, the world's longest aircraft on the Beijing-New York…

No change in Bank of England interest rate

The Bank of England voted Thursday to maintain its key interest rate at a record-low…

Singapore Airlines sees profit down 55.5 percent

Singapore Airlines said Thursday its half-year net profit plunged 55.

Brazil aircraft maker Embraer posts $10.7 bn loss in Q3

Brazilian aircraft manufacturer Embraer, the world's third largest, said Thursday it lost $10 billion in…

Dangote Cement starts production in South Africa; next Senegal, Ethiopia

Dangote Cement $600 million plant in South Africa has roared into production, Edwin Devakumar, the…

Argentina probes GE, Ambev subsidiary for tax fraud

Argentina on Wednesday broadened a tax fraud probe against Procter & Gamble to include US…

Nigeria faces budget, currency, stock woes

By our reporter Nigeria's economy is struggling from being strangled by three interconnected forces:

Afreximbank to introduce mobile payment platform

The African Export-Import Bank (Afreximbank) is working to introduce a mobile payment platform to support…

Shell nudges South Africa hasten permits on shale oil

South Africa was nudged Wednesday by Royal Dutch Shell to hasten decision on its application,…

Asia's richest man buys 60 aircraft in $2.5 billion deals

A property flagship led by Asia's richest tycoon Li Ka-shing said on Wednesday it plans…