Foreign

Dubai’s Al-Futtaim Group now holds majority shares in Kenyan automobile retailer, CMC Holdings Limited after 91 percent shareholders accepted its 7.6 billion shilling ($87.91 million) offer for its 533 million...

By Josh Noble in Hong Kong & Simon Rabinovitch in Shanghai It is rare to see investors and economists come together to cheer a bond default, except it seems in...

By Josh Noble in Hong Kong & Simon Rabinovitch in Shanghai It is rare to see investors and economists come together to cheer a bond default, except it seems in...

By Peter Spiegel in Brussels, Geoff Dyer in Washington and Guy Chazan in Simferopol The US and its allies moved to punish the Kremlin for its intervention in Ukraine yesterday...