Thu Dec 3, 2015/Reuters By Philip Blenkinsop Anheuser-Busch InBev (ABI.BR) is looking to sell SABMiller’s (SAB.L) Grolsch and Peroni brands to address potential concerns among European competition regulators over its planned acquisition of the world’s second largest brewer. The sale of the brands and their related businesses in Italy, the […]
Capital Market
Nigeria Slashes MTN Fine by 35% to $3.4 Billion, Says Dec’ 31 Now Payment Deadline
* Corrected 53 percent to 35 percent in our earlier report By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Communications Commission (NCC) has cut by 35 percent (N1.04 Trillion) the fine initially imposed on South African mobile operator MTN to $3.4 billion from $5.2 billion. The company said deadline […]
Buoyed by eCommerce, U.S. Holiday Season Starts Strong with 4.6% U.S. Retail Growth in November
Julia Monti | December 2, 2015/MasterCard The holiday season is off to a solid start, according to MasterCard SpendingPulse, which looks at U.S. retail sales trends across cards, cash and checks. Retail sales excluding auto and gas grew 4.6 percent in November compared to last year. Four-day Thanksgiving weekend sales […]
