Carlyle plans to convert to corporation status
11 July 2019 | 5:29 pm
Carlyle Group LP is planning to announce that the private equity firm will convert to a corporation when it reports second-quarter earnings, according to people with knowledge of the matter. Bloomberg Intelligence's Paul Gulberg has more on "Bloomberg Markets: The Close."
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31 Oct 2020
Forbes Africa goes behind the scenes for our October edition celebrating 60 years of Nigerian Independence. Our October issue profiles NIGERIA’S NEW TYCOONS, those remarkable entrepreneurs leveraging technology to help Africa leapfrog years of economic stagnation and missed opportunities to build a new rising Africa. This month we celebrate three such tycoons, Fara Ashiru Jituboh, Iyin Aboyeji and Obi Ozor.
13 Nov 2020
“How can you do the right thing and still get punished for it,” laments Abuja-based restaurateur, as CORRUPT Federal Capital Territory Council personnel seal off her restaurant with staff and customers inside!
6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
12 mins ago
As myriad supply chain and logistics problems pose fresh challenges to the global recovery, the IMF has trimmed its 2021 growth outlook. Evan Quasney, Global Vice President Supply Chain Solutions, told DW the problem cannot be fixed quickly.
12 mins ago
Two years ago, the Chinese city of Wuhan became the epicentre of the Covid-19 pandemic and its 11 million inhabitants were forced to stay home for 76 days. Today, not a single positive Covid-19 case has been reported in Wuhan for months and health rules there remain among the strictest in the country. Above all, authorities are focusing on their victory over the virus. According to the official version of events, the virus did not even originate in Wuhan but was imported from abroad. Our correspondents report.
1 hour ago
The Nigerian government had previously planned to phase out the gasoline subsidy program, calling it "unsustainable." Despite being Africa's main oil exporter, the country relies on importing petroleum products.
1 hour ago
The West still doesn't know why war in Ukraine might happen, but it increasingly seems like it's happening. Kiev is trying to keep calm and rally support while being surrounded on three sides and being the recent victim of a cyberattack that feels like a dry run. Meanwhile, NATO countries are sending weapons and advisors while deploying fresh troops elsewhere in Eastern Europe. But that's small compared to the 100,000-plus forces amassed by Moscow.
2 hours ago
Out of 24 members of Gabriel Boric's Cabinet, 14 are women. Leftist Boric also appointed a former Central Bank chief as finance minister, which has been seen as a shift to the political center.
2 hours ago
French adventurer Jean-Jacques Savin, who set off in a rowboat from Portugal on January 1 to cross the Atlantic solo, has vanished at sea with his boat found overturned and empty near the Azores archipelago, Portugal's navy said. The 75-year-old Savin's support team had said in a Facebook post on Saturday that his body had been found inside the cabin of his sleek, purpose-built boat Audacious, but late on Sunday issued another statement signed by his daughter Manon that the body had not been recovered.