Industry
African economy shows no sign of recovery in 2016
The sub-Saharan African economy could face a serious decline in 2016, far behind the rest of the economies in the world.
Gap's March sales fall hurt by high inventory levels
Gap Inc reported its sales results for the month of March. The retailer saw a decline in March sales, which pushed the shares down around 10%.
Google's Renewable Energy Seed Funding Starts In Taiwan
Google will provide seed funding in Asia's renewable energy that will start off in Taiwan. Through the Center for Resource Solutions, the funds will be used to set up renewable energy certification programs.
Sprint Raises $2.2 Billion Fund Under Complex Transaction Structure
Sprint has announced on Wednesday raising $2.2 billion fund through selling and leasing back of network assets. The complex transaction structure has been facilitated by the internet carrier’s parent company SoftBank Group. Sprint chooses this deal out of other available options to remain solvent for more than 2 years.