by Asharq Al-Awsat | Feb 21, 2017 | Business
New York – Anglo-Dutch Unilever company’s shares dropped on Monday after Kraft Heinz Co’s rapidly retreated from its surprise $143 billion bid for the company. Kraft, backed by prominent businessman Warren Buffett and the private equity firm 3G, wanted to...
by Asharq Al-Awsat | Oct 14, 2016 | Business
London, Brussels- The EU misspent 5.5 billion euros ($6 billion) in 2015, the bloc’s financial watchdog said Thursday, warning that Brussels needed to regain the trust of European citizens shaken by Brexit and other crises. Badly spent funds went on paying...
