WORLD BUSINESS & ECONOMY

Hispanic food retailer buys Houston-based Fiesta Mart in $300m deal

A Hispanic food retailer, El Super grocery chain, is buying Fiesta Mart in a $300 million deal that will infuse…

Korea to host 2018 African Development Bank’s annual meetings

The city of Busan, South Korea, will host this year’s African Development Bank annual meetings scheduled for May “Aside from…

Chicken delivery hitches forces KFC to close most of its UK stores

Fast-food chain KFC said on Monday it had been forced to close hundreds of its British stores because of a…

Euro zone economy growth to persist- ECB

Eurozone economic growth is likely to continue unabated, the European Central Bank said in a regular economic bulletin on Thursday,…

Rio Tinto brushes off woes to post record iron ore shipments

Rio Tinto shipped a record amount of iron ore in the final three months of 2017, helping the mining giant…

Inflation risk may shake global markets, PMI data shows

Investors devoted to the idea that inflation will stay subdued should be worried as worldwide data have recently made clear that…