Heineken NV (HEIA), the world’s third-biggest brewer, reported first-quarter sales that beat analyst estimates, as demand for its namesake beer surged in markets including Nigeria and Brazil. Revenue gained 3.4 percent, compared with the 2.9 percent median estimate of 12 analysts surveyed by Bloomberg News, Amsterdam-based Heineken said. Beer volume […]

MTN Group Ltd. (MTN), Africa’s largest wireless operator, said subscriber numbers across its 22 markets rose 1.1 percent in the first quarter after slight growth in Nigeria countered a decline in customers in South Africa. Users in Nigeria, MTN’s biggest market, rose “marginally” to 57.2 million in the quarter ended […]

Novartis AG agreed to buy GlaxoSmithKline Plc’s cancer drugs for as much as $16 billion while selling most of the company’s vaccines division to Glaxo for $7.1 billion and its animal-health unit to Eli Lilly & Co. for $5.4 billion. The transactions, as well as a plan to form a […]