Business
Africa's richest man resigns from Dangote Flour
Tiger Brands Ltd said it was "currently exploring various alternatives with regard to its investment in TBCG". Though DFM is named after Dangote, his group's equity stake in the firm is only 10 percent. One analyst said the move would enhance Tiger Brands' earnings. But it could also set it back in building a business in Africa's most populous country and biggest economy.
Business
Campbell's Soup Company announces SpaghettiOs recall
Affected cans were distributed nationally. Campbell said those who were able to swallow bits of the plastic should not worry because those are non-toxic. For more information, follow the company's Facebook page or call 1-866-535-3774. Campbell Soup Company makes a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods.
Business
Greece and creditors in deal to release more bailout cash
Greece has reached an agreement to unlock the first major tranche of rescue money owed to the country under its €86bn global bail-out programme. The main disagreement remains over issues such as the treatment of bad bank loans, the rules for mortgage foreclosures and raising enough revenue to scrap a proposed tax on private education.
Business
Workers at Ford's Woodlawn stamping plant reject deal
Ford workers will resume voting on Tuesday in a process that is scheduled to conclude Friday. Under the new contract, Ford committed to a $200 million investment in the Kansas City facility to continue making the F-150 and the Transit vans.
Business
N. AMERICA: Kraft Heinz To Shut Plants, Slash Jobs
Marys, Ontario, Canada; Campbell, NY; Lehigh Valley, Pennsylvania; and Madison, Wisconsin. The company plans to close that facility and build a new $203 million dollar state-of-the-art manufacturing center at the Eastern Iowa Industrial Center in northwest Davenport.
Business
ISIS Threatens Attack on USA, Washington DC in New Video
Police raided homes of suspected Islamist militants across France overnight following the Paris attacks. A large coalition of countries is now bombing Islamic State targets in both Syria and Iraq - led by America and including France, even Russian Federation.