Capital Markets

Billionaire Leviev adds Zambia emeralds to diamond portfolio

Billionaire Lev Leviev, who made his fortune undercutting De Beers’ former diamond monopoly, has bought half of one of Africa’s…

Carlyle’s $700 million Africa fund is eyeing two deals in Egypt

Carlyle Group LP, one of the world’s largest private equity firms, sees two buying opportunities in Egypt this year after a…

Barclays reaches target on Africa stake as it boosts sale

Barclays Plc reached a long-term target for shrinking its stake in its African unit earlier than expected as the bank…

Barclays gets approval to sell shares in African arm

Barclays has received regulatory approval for the sale of its remaining stake in its Barclays Africa Group, a unit of…

Wall Street flat as oil offsets gains in tech, healthcare

U.S. stocks were little changed on Wednesday, with the three major indexes on track to end the month higher, as…

UK: FTSE 100 climbs as pound slides on election jitters

UK stocks advanced on Wednesday, boosted by a slump in the pound after a new polling estimate showed Theresa May’s…