Business News

Africa’s Tyre Market Expected to Surpass $8 Billion by 2022, as Tyrexpo Expects Over 80 Exhibitors from 15 Countries

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The African tyre market is expected to surpass $8 billion by 2022, creating a wealth of new growth and job opportunities as over 80 exhibitors from 15 countries will take part in this years Tyrexpo Africa and GarageXpoAfrica industry’s principal trade event, according to a […]

Fitch: Eurozone Business Sentiment Dip is No Big Deal

23/3/2018/Fitch Ratings Eurozone business sentiment indicators have softened slightly in the first quarter of the year, suggesting that eurozone GDP growth rates may be close to peaking. Headline PMI balances slowed to a 12-month low in France and an eight-month low in Germany in March. However, confidence levels remain high […]

Uber Pulls Out of Southeast Asia, Selling Operation to Rival Grab

25/3/2018/Bloomberg By Yoolim Lee and Eric Newcomer Grab to buy ride-sharing, food delivery businesses in region Uber gets 27.5% stake in rival, CEO to join Grab’s board Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war […]