AFP At first glance there’s nothing out of the ordinary about the regional airport in George, a town of just 150,000 residents on South Africa’s south coast. In fact though, the small site is Africa’s first “green” airport to be powered by the sun. The control tower, escalators, check-in desks, baggage carousels, restaurants and ATMs — every service here ...

  Bloomberg Itau Unibanco Holding SA, Latin America’s largest bank by market value, agreed to buy Citigroup Inc.’s retail-banking business in Brazil for 710 million reais ($220 million), taking over operations that the US company has maintained in the country for more than 100 years. The purchase includes Citi’s 71 branches in the South American country as well as its ...

  Bloomberg As the price of oil stays stubbornly low, investors in the Middle East are turning to deals. Mergers and acquisitions activity in the Gulf region is set to accelerate as lower oil prices force governments and corporations to consolidate fragmented industries, according to Bank of America Corp. (BofA) “The drop in oil prices has made people in the ...