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Factbox: Global banks cut jobs as cost pressures mount

Business The Business Files Reporter -
Global banks are in the process of cutting at least 5,000 jobs as profits at lucrative investment banking units come under pressure from volatility...

Barclays sees $15-25/bbl downside to its oil view if slowdown worsens

Energy The Business Files Reporter -
Barclays said on Tuesday it remained "constructive" on oil prices, but cautioned that a worsening in global manufacturing activity could pose a downside risk...

Barclays to hand homeowners up to £2,000 for going green in their homes

Editors Pick The Business Files Reporter -
Barclays will start paying up to £2,000 to its mortgage holders to help them green their home as three in four say they cannot...
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World Bank’s Banga says more bilateral debt forgiveness needed

Africa 0
World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Business 0
Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy 0
Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa 0
Africa's immense economic potential is being undermined by non-transparent...

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