Moody’s pays $864 million to U.S., states over pre-crisis ratings
Moody's Corp (MCO.N) has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over…
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McDonald’s sells most of China, HK businesses to CITIC, Carlyle for $2.1b
McDonald's Corp (MCD.N) has agreed to sell a majority stake in its China and Hong Kong businesses to state-backed…
Sisi, Trump agree to delay UN vote on Israeli settlements
Egypt has agreed to postpone a UN Security Council resolution against Israeli settlements in order to give the US a…
Eni agrees to export part of Shorouk concession
The Italian gas company Eni has agreed with the Egyptian government to export part of the gas produced from Zohr…
Eni sells 30% stake in Egypt’s Zohr gas field to Rosneft
Italian oil and gas group Eni (ENI.MI) agreed to sell a 30 percent stake in Egypt's offshore Shorouk concession to…
Oil prices surge, trading volume records smashed as OPEC, Russia agree output cut
An agreement between oil producer club OPEC and Russia to produce less to drain a global glut sent prices soaring…
BP buys 10% stake in Egypt’s Zohr gas field for $375m
BP has agreed to acquire a 10% stake in Shorouk concession offshore Egypt from Eni, an Italian oil and gas company.…
CBE agrees $2 billion repurchase deal with global banks
Egypt's central bank has agreed terms for $2 billion in financing from international banks, it said in a statement…
NREA purchases 400MW of solar capacity for $662m
Egypt has agreed to buy about 400 megawatts of solar capacity, a sign that developers are slowly moving forward…
Pfizer to buy antibiotics business from AstraZeneca
Pharmaceutical company AstraZeneca (AZN.L) has agreed to sell its small molecule antibiotics business to Pfizer Inc…
Goldman, South Korea fund to buy majority stake in cookware firm Happycall
Goldman Sachs Group Inc (GS.N) and South Korean private equity firm EastBridge Partners said on Sunday they have…
Oil prices fall on doubts producers can agree output restraint
Oil prices fell away from 5-week highs on Wednesday as analysts doubted possible producer talks to rein in…
IMF, Egypt to delay unifying exchange rate until receiving first tranche of loan
Egypt and the International Monetary Fund (IMF) delegation agreed that the Central Bank of Egypt (CBE) would…
EU states agree budget fine waivers for Spain, Portugal
European Union states agreed to cancel budget fines for Spain and Portugal and to set new deadlines for them to…
Unilever buys men’s grooming brand Dollar Shave Club
Unilever Plc (ULVR.L) said it has agreed to buy U.S.-based men's grooming brand Dollar Shave Club in a deal that…
Thomson Reuters to sell IP & science business for $3.55 billion
Thomson Reuters Corp (TRI.TO) said it agreed to sell its intellectual property & science business to private…
Russian-Egyptian-UAE Fund initial capital to reach $500 mln: minister
Egyptian government has agreed with the Russian side on the value of planned investments in the joint…
Major G7 leaders agree on need for fiscal steps: Japan’s Abe
Japanese Prime Minister Shinzo Abe said on Monday a majority of Group of Seven leaders agree on the need to deploy…
BOJ debated souring consumer mood at March meeting
Bank of Japan policymakers agreed at their March meeting that the economy was recovering, although some warned of a…
U.S., Russia agree to extend truce to Aleppo
The United States said on Wednesday it had agreed with Russia to extend a cessation of hostilities agreement to…
Citigroup, U.S. Bancorp exit money-losing Brazil card venture
Citigroup Inc and U.S. Bancorp have agreed to sell Brazilian card payment processing joint venture Elavon do Brasil…
Doha oil producers close to agreeing on output freeze
Oil producing countries meeting in Doha on Sunday appeared close to agreeing on an output freeze to prop up crude…
GE to sell $1.4 billion U.S. hotel franchise loan portfolio
General Electric Co (GE.N) said it had agreed to sell GE Capital's U.S. hotel franchise loan portfolio to a unit of…
U.N. lifts North Korea sanctions on four ships at China’s request- Reuters
The U.N. Security Council agreed on Monday to a Chinese request to remove sanctions on four ships the United…
China’s Anbang to acquire Strategic Hotels for $6.5 billion
China's Anbang Insurance Group has agreed to acquire Strategic Hotels & Resorts Inc for around $6.5 billion, as…
Trade ministry to establish exhibitions to promote made-in-Damietta furniture
Egyptian trade and local development ministries have agreed on organising exhibitions to promote furniture made in…
Swiss agree road map with Iran for boosting ties
Switzerland said on Saturday it had agreed on a "road map" for building business, financial and other links with…
U.S., China agree on draft North Korea sanctions resolution at U.N.
The United States and China have agreed on a draft resolution that would expand U.N. Security Council sanctions…
ChemChina makes $43 billion agreed bid for Switzerland’s Syngenta
China's state-owned ChemChina will make an agreed $43 billion bid for Swiss seeds and pesticides group Syngenta,…
Google to pay $185 million UK back taxes, critics want more
Google said on Friday it agreed to pay the UK tax authority 130 million pounds in back taxes, prompting criticism…
French firm to conduct studies on Ethiopia’s Renaissance Grand Dam
The new international company that will conduct studies on Ethiopia's Grand Renaissance Dam has been agreed upon…
BREAKING : CIB sells CI Capital to Sawiris’ Orascom Telecom for $128mn
Egyptian Commercial International Bank (CIB) has agreed Thursday on Orascom Telecom and Media Technology's offer…
Facebook, Google, Twitter to delete hate speech in 24 hours: Germany
Germany said on Tuesday that Facebook, Google and Twitter have agreed to delete hate speech from their websites…
SMFG to buy GE’s Japan leasing business for $4.8mn
Sumitomo Mitsui Financial Group Inc (SMFG) (8316.T) agreed to buy General Electric's (GE.N) Japanese leasing…
Fiat Chrysler to pay $70mn auto safety fine- Reuters
Fiat Chrysler Automobiles NV (FCHA.MI) (FCAU.N) has agreed to pay $70 million in fines to resolve a U.S.…
OPEC fails to agree production ceiling as Iran pledges output boost
OPEC members failed to agree an oil production ceiling on Friday at a meeting that ended in acrimony, after Iran…
Italy, Egypt presidents agree to continue cooperation against terrorism
Egyptian President Abdel Fattah al-Sisi and Italian Prime Minister Matteo Renzi agreed to continue their…
China, Germany agree Syria needs political solution
Chinese Premier Li Keqiang and German Chancellor Angela Merkel agreed on Thursday that there must be a political…
U.S., Russia agree Syria must be united and secular: Kerry
The United States and Russia agree on "some fundamental principles" for Syria, the U.S. Secretary of State John…
Citigroup to return $4.5 mn more in fee overcharges
Citigroup Global Markets Inc (CGMI), a unit of Citigroup Inc, has agreed with the New York attorney general to…