In other news
Berlin's new international airport, repeatedly delayed due to red tape and technical problems, is on course to open as scheduled in 2017, a spokesperson says.
Chronic fuel shortages in Nigeria has brought phone firms, banks and flights to a standstill, just four days before Muhammadu Buhari's inauguration as president of the country.
Celebrated among Europe's elite as a model of how to reform an economy after a debt binge, Portugal's enthusiasm for change has waned as Europe loses its appetite for further belt-tightening.
Evraz Highveld says Sasfin Holdings is stalling a process to rescue the company from insolvency as the bank refuses to cede control of a debtors’ book.
ADVERTORIAL: Mention “employee engagement” to most business leaders and you will be greeted with a blank stare and a nonchalant shrug of the shoulders.
A shortage of prime office space in rival European financial centres may torpedo plans by some of London's banks to quit the UK capital if Britain exits the EU.
Global regulators are meetiing in London to try to tighten their grip on markets after banks have been fined billions of dollars for manipulating interest rates and currencies.
China is likely to hold a 25% to 30% stake in the new Asian Infrastructure Investment Bank, while India will be the second-biggest shareholder.