Tue May 3, 2016/Reuters By Olivia Kumwenda-Mtambo JOHANNESBURG (Reuters) – Economic growth in sub-Saharan Africa is likely to slow this year to its weakest in nearly two decades, hurt by a slump in commodity prices, drought and the after-effects of the Ebola outbreak, the International Monetary Fund said on Tuesday. […]
Tag: Reuters
Halliburton and Baker Hughes scrap $28 billion merger
Mon May 2, 2016/Reuters By Mike Stone Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. The tie-up would have brought together the world’s No. 2 and […]
Lafarge Africa raising bond to repay $300 mln Nigeria loan
27/4/2016/Reuters Lafarge Africa is marketing a 60 billion naira ($302 million) bond to refinance some dollar-denominated debt at United Company of Nigeria (UNICEM), which it bought last year. Chief finance officer Anders Kristiansson told analysts on Thursday that there was strong interest for the bond and that book-building was expected […]
