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Wal-Mart makes slow progress navigating Africa's challenges

When Wal-Mart Stores Inc (WMT.N) spent $2.4 billion on a stake in South Africa's Massmart (MSMJ.J) five years ago, the world's biggest retailer said it was buying a gateway to high-growth markets in sub-Saharan Africa.

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Aberdeen Asset Management

Scotland's Aberdeen Asset Management reports fourth quarter of outflows of £4.4B

As its clients took out money from emerging markets, Aberdeen Asset Management Plc reported net outflows of £4.4 billion in the fourth quarter, Bloomberg reported.

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Rosslyn Analytics

Rosslyn Analytics nabs £2.1 million before New Year IPO

Cloud-based data management startup Rosslyn Analytics raised £2.1 million in a funding round joined by Amati Global Partners and IQ Capital. Rosslyn also eyes a listing on AIM early next year.

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Aberdeen Asset Management

Aberdeen to take on US asset managers after SWIP acquisition

UK-based Aberdeen Asset Management revealed its plan to take away businesses from US investment managers such as BlackRock and Vanguard after completing the acquisition of Scottish Widows Investment Partnership (SWIP).

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Steve Forbes

Top deals of the Day - Bids, Mergers & Acquisitions

The following bids, mergers, acquisitions and disposals were reported on Monday including Forbes, Axel Springer, MidCap Financial LLC, Goldman Sachs and others.

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Aberdeen Asset Management

Aberdeen Asset Management nears acquisition of SWIP from Lloyds Banking Group- report

A report from The Sunday Times said Aberdeen Asset Management was close to reaching a deal to acquire Scottish Widows Investment Partnership from Lloyds Banking Group.

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Aberdeen Asset Management

Aberdeen Asset Management receives a GBP7.2 million fine from city regulator

The Financial Conduct Authority (FCA) fined Aberdeen Asset Management GBP7.2 million for not

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