Tag Archives: General Electric

05Nov/17

Sprint and T-Mobile call off merger after months of talks

Sprint and T-Mobile said on Saturday they have called off merger talks to create a stronger U.S. wireless to rival to market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. Jonah Green reports. Continue reading

08Oct/17

Kenyan debtors struggle to hold on to assets as repossessions rise

Kenyan borrowers struggle to hang onto their assets as auctions heat up. A severe drought earlier this year, a slowdown in bank lending, and a prolonged period of political uncertainty are creating a growing pool of distressed borrowers whose assets are being seized by newly aggressive lenders in the east African powerhouse.
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08Dec/15

Anglo American’s deep cuts hurt

Anglo American will sell more assets, suspend dividends until the end of 2016 and whittle down its business divisions to three from six. As Hayley Platt it’s the mining company’s response to severe commodity price falls. Continue reading