Business News
Cineworld considers capital restructuring to save indebted chain
Cineworld is considering a major capital restructuring to save the highly-indebted cinema chain, as it warned of sluggish ticket sales...
Taiwan tensions force multinationals to rethink China risk
Multinational companies are drawing up contingency plans in the event of a US-China military conflict after Beijing launched an unprecedented...
Ministers ask court to keep sections of Rwanda rights document secret
The UK government on Tuesday urged a High Court judge to keep secret parts of a document that refers to...
Odinga rejects Ruto victory in Kenyan presidential election
Kenyan presidential contender Raila Odinga is to take legal steps to challenge William Ruto’s narrow election victory, adding to uncertainty...
German recession fears deepen as economy is hit by ‘perfect storm’
Investors are now more pessimistic about the German economy than they have been at any time since the eurozone debt...
US petrol demand shows signs of easing after record price surge
The retail price of US petrol has declined every day for the past nine weeks, a fact visible to motorists...
Hedge fund Elliott sold Twitter stake before Elon Musk backed away from deal
The activist hedge fund Elliott Management sold its entire equity stake in Twitter in the second quarter, a period during...
William Ruto wins Kenya’s presidential election
Deputy president William Ruto has been declared winner of the presidential election in Kenya, but his main rival’s supporters and...
China ratchets up pressure on Taiwan after US congressional visit
China announced a fresh round of military manoeuvres around Taiwan in reaction to the visit of a US congressional delegation,...
Live news updates: China’s central bank cuts lending rate amid economic worries
Afghanistan has two anniversaries coming up. Friday is Independence Day, commemorating the signing of the Treaty of Rawalpindi in 1919,...
