Lagos / AFP Nigeria’s Arik airline has resumed flights following a deal to end a one-day strike that paralysed its operation, the company said on Wednesday. Aviation unions called the strike on Tuesday to protest non-payment of seven months of salaries to Arik workers, non-remittance of taxes and the sacking of five union leaders. Thousands of local and foreign ...

  Brussels / AFP Soft drinks giant Coca-Cola has agreed to pay more than three billion dollars to recently-merged AB InBev for control of Africa’s biggest soft drinks bottling company, both companies said on Wednesday. On merging with SABMiller in September, Belgian-Brazilian giant AB InBev found itself with 54.5 percent in Coca-Cola Beverages Africa (CCBA) and Coca-Cola said in October ...

  Bloomberg UK retail sales grew at their fastest annual pace in more than a year this month, according to the Confederation of British Industry (CBI), which also warned that pressure on shoppers’ budgets could increase over the coming year. The CBI’s monthly retail-sales index climbed to 35 in December, the highest since September 2015, from 26 in November. Clothing ...