Bloomberg Associated British Foods (ABF), the biggest shareholder in Illovo Sugar, has reached an agreement to buy the rest of the South African sugar producer for 5.6 billion rand ($370 million) after raising an earlier offer. ABF, which holds a 51.35 percent stake in Illovo, has made an offer of 25 rand ($1.65) per share for the stake it does ...

Bloomberg Air France-KLM Group will enter into talks with an exclusive buyer for its in-flight service unit Servair within the next few weeks, a person familiar with the plan said. The company won’t sell the entire business, said the person, who declined to be identified because the discussions are private. Servair, the world’s third-largest in-flight caterer, was valued at about ...

Kathmandu / DPA Khwaja Asad Shah sits in his cramped beads shop in the heart of the Nepalese capital Kathmandu, surrounded by the glitter of colourful pieces of glass. “We’ve been here for eight generations,” says Shah, explaining that Muslim families like his arrived from Kashmir some 500 years ago. They came during the Malla era, 1484-1520, as masons and ...