Germany’s economy is taking a breather but inflation isn’t, Bundesbank warns
The German economy is taking “a breather” as a lack of goods and labour as well as new restrictions designed to fight the coronavirus pandemic
Category: Business
Supply crisis spurs South Africa retailers to end Asia reliance
More than 50% of South Africa’s clothing textiles, shoes, and leather products are imported, mostly from China, putting Africa’s leading economy and its retailers at
Telenor and CP Group in $8.6 bln merger of Thai telecom units
Norway’s Telenor (TEL.OL) and Thai conglomerate Charoen Pokphand Group (CP Group) have agreed to merge their telecom units in Thailand in an $8.6 billion deal
Brazil orange juice producer Cutrale suspends US exports
Brazilian orange juice producer Cutrale has suspended exports of orange juice concentrate from Brazil to the United States, Brazilian newspaper Valor Economico reported on Monday,
Telecom Italia’s main assets and operations
U.S. fund KKR (KKR.N) has presented a non-binding proposal to buy Telecom Italia (TLIT.MI), valuing Italy’s former phone monopolist at 10.8 billion euros ($12 billion)
CVC, HPS to buy stake in Authentic Brands at $12.7 bln valuation
Authentic Brands Group Inc (ABG) (AUTH.N) said on Monday private equity firms CVC Capital Partners and HPS Investment Partners had agreed to buy a significant
Living hand to mouth’: Europe’s gas crunch shows little sign of easing
Consumers in the European Union and Britain face further gas price spikes this winter as flows of Russian gas via major transit routes are proving