Diageo Plc’s Nigeria unit said it’s struggling to obtain dollars to pay back foreign-currency loans, despite the government’s liberalization of the foreign-exchange market to help to revive Africa’s biggest economy.
A Russian court sentenced opposition leader Alexey Navalny to another 19 years in prison after convicting him of “extremism,” a decision he had earlier described as “Stalinist.”
Block Inc., Jack Dorsey’s payments company, tumbled as much as 14% after reporting results that fell short of some analysts’ expectations.
A senior Apple Inc. executive working on the technology giant’s electric-car efforts was sued by the Securities and Exchange Commission for allegedly breaking securities rules at his former company, the electric-vehicle startup Canoo.
US employers in struggling sectors such as manufacturing are reducing hours rather than resorting to aggressive job cuts, with flashbacks to recent labor shortages that challenged so many companies.
For the second month in a row, more than one in eight American adults report having a disability.
A new era of monetary easing in Brazil is set to unlock value in the nation’s stock market, according to one of the world’s top emerging-market equity investors.
South Africa won’t succumb to pressure from the US to stop using Huawei Technologies Co. equipment on its networks, the the nation’s ambassador to the five-nation BRICS bloc said.
Cloud services companies are rallying as earnings reports suggest the wave of spending cuts that had hammered the industry are starting to subside.
Fortinet Inc. plummeted as much as 26% to $56.10, marking its biggest intraday drop on record, after a pullback in tech spending forced the cybersecurity provider to cut its annual forecast.
