The cereal company also pays $450 million (about 15 times EBITDA) for a 50% stake in Multipro, a Nigeria-based food sales and distribution company.
An International Energy Agency forecast is the gloomiest for U.S. oil production since crude prices crashed last month.
August’s fall in import prices was led by a steep monthly decline in the price of imported fuel, which plunged 13.3%.
Amid China's slowing economy, the country's largest banks are suffering from bad loans and tightening margins.
Increased trade activity in Western Europe, Australasia, and China have companies planning to hedge more in the coming months.
A collection of CFO.com articles and stories published on August 14, 2015.
The sale of a Colombian mining operation at a steep loss completes Goldman Sachs' exit from the commodity business after nearly 35 years.
The company's Irish subsidiary no longer has to report basic financial data or the amount of tax it will pay.
The executive arranged large discounts to a corporate partner 'in order to generate a cash pot to bribe government officials and win business for…
The International Energy Agency says a "rebalancing" between supply and demand is under way but it will be a lengthy process.