Spirit Airlines Inc. (SAVE.N), a takeover target, declared its intention to postpone the shareholder vote on its merger agreement with Frontier Group Holdings Inc. (ULCC.O) scheduled for this Frid...
The International Monetary Fund (IMF) defines foreign direct investment as a type of cash inflow wherein investors transfer their funds to a business in a different economy with the intentio...
Mortgage rate declined for a second consecutive week on Friday, marking the biggest drop since December 2008. According to Freddie Mac, for nearly 3 decades the fixed-rate mortgage averaged 5...
As the economic rebound gives way to a potential recession, big U.S. banks' second quarter profits are anticipated to decline dramatically from a year earlier on increasing loan loss reserves. ...
After Elon Musk declared he is attempting to revoke his $44 billion acquisition of the social networking company, Twitter shares fell precipitously in early premarket trade on Monday. T...
Elon Musk has withdrawn his $44 billion offer to purchase Twitter, citing numerous alleged violations of the merger agreement. After the richest person in the world chose to purchase Twitter in...
A portion of the $1 billion loan Airtel Africa owes to its parent company Bharti Airtel International (Netherlands) B.V. ('BAIN') has been redeemed, according to an announcement from the comp...
The improved e-Passport, which has a ten-year validity, has been made available for Nigerians living in the United Kingdom and the United States of America, according to the Nigerian Immigration ...
Kenya's Asset Recovery Agency (ARA) received a court order to freeze 56 bank accounts on Wednesday. These accounts were used by 7 firms to launder Ksh7 billion ($59.2 million). The businesses inc...
Virgin Galactic, a service provider of space tourism, revealed on Wednesday that it has reached an agreement with Aurora Flight Sciences, a Boeing subsidiary to construct two more carrier...