De Beers Namibia diamond venture sells mine to local consortium

Namdeb, which unsuccessfully explored a variety of options to extend the life of its Elizabeth Bay Mine beyond 2019, ceased operations in September 2018 because it could…

Nearly half of Hanjin’s container fleet denied port access

The failure of the world’s seventh-largest container shipper comes during the industry’s busiest season ahead of the year-end holidays and has manufacturers scrambling as they worry about…

India’s consumer goods growth slows as rural demand cools- Nielsen

Volume growth in India’s fast-moving consumer goods (FMCG) sector slowed to 6.2% in the three months to June from 9.9% in the previous quarter, Nielsen said, citing…

Planned global tax raid catches ethical investor zeitgeist

After years of negotiations over complex arrangements deployed by big companies, G7 finance ministers meeting in Britain on Friday are expected to declare their support for a…

Colombia to take legal action against Walmart over cocaine-themed sweater

A Colombian government agency has threatened to take the American retailer to court over the blue Christmas sweater, which features a snowman in a Santa outfit in…