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 ...

  Seoul / AFP South Korea’s top carrier Korean Air said its staff followed company procedure in restraining an unruly passenger after 80s pop singer Richard Marx tweeted that he helped the “ill trained” crew handle the situation. Marx said he and his wife were flying from the Vietnamese capital Hanoi to Incheon airport, the South’s main hub, when a ...