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Market supplied with enough oil, OPEC official says 6 Apr 2008 Commodities |
| The market is supplied with enough oil and OPEC is not under pressure to raise output, the organisation's secretary general was quoted as saying on Saturday during a visit to Iran.
"Oil |
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| No global warming: Charcoal fuels 80% of Africa 6 Apr 2008Commodities |
| It is 21st century and do you know what is the main fuel for several African nations now? It is charcoal.
Maybe, a shocking news for environmentalists and people who are bothered about the global |
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| Ethiopia says exports up 32 pct so far in '07-'08 6 Apr 2008Commodities |
| Ethiopia's export earnings rose 32 percent year-on-year to $854.5 million for the first eight months of the 2007-2008 fiscal year, Trade and Industry Minister Girma Birru said on Friday.
Last |
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| Egypt textile stocks lead Egyptian market higher 6 Apr 2008Commodities |
| Egyptian stocks inched higher on Sunday led by gains in the textile sector after the market shrugged off any potential effects of a thwarted labour strike in the Nile Delta, traders said.
Nile |
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| Oil prices above $ 106 on weak US dollar 4 Apr 2008Commodities |
| World oil prices surged to $ 106.23 a barrel, up by $ 2.40 or by two percent Friday on a weak US dollar and a record decline in job market.
News of a fire at an Exxon Mobil refinery in Los Angeles |
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| Mozambique Seals $8b Oil Refinery Deal 4 Apr 2008Commodities |
| Mozambique's government approved plans to build an $8 billion oil refinery within the next two years, in a bid to reduce the country's dependence on imported fuels.
Oilmoz Lda, a |
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| Oil Prices Drop to Below $54 a Barrel 11 Jan 2007Commodities |
| Oil prices extended their declines Thursday, briefly falling below $53 a barrel, after U.S. government data showed a larger-than-expected increase in domestic inventories of gasoline and heating oil. |
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| China's Industrial Output Growth Up Marginally 13 Dec 2006Commodities |
| Booming exports and auto manufacturing helped China's industrial output pick up slightly in November after it hit the lowest growth for the year in October, official data shows.
Industrial |
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| Lufthansa Orders 20 Boeing 747s, Seven Airbus A340s 7 Dec 2006Commodities |
| German flag carrier Lufthansa said it had begun to modernize its long-haul fleet by ordering 20 Boeing 747-8 aircraft and seven A340s, manufactured by Boeing's European rival Airbus. The total |
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| U.S. Predicts Bumper Year in Arms Sales 5 Dec 2006Commodities |
| The U.S. government is on its way to brokering about $20 billion in arms sales in the fiscal year that began October 1, steady with last year's near-record total, the Pentagon official |
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| Costco November Same-store Sales Rise 30 Nov 2006Commodities |
| Costco Wholesale Corp. on Thursday said November sales rose 5 percent at stores open at least a year, shy of Wall Street expectations, held back by falling prices for gasoline sold at its filling |
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| Cingular to Sell BlackBerry Pearl Starting Friday 30 Nov 2006Commodities |
| Cingular Wireless, the largest U.S. mobile phone service carrier, said on Wednesday it will start selling Research in Motion's new BlackBerry "Pearl" handheld device on Friday as both |
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| AMD Unveils Processors for "Power" Computer Users 30 Nov 2006Commodities |
| Advanced Micro Devices Inc. unveiled three new high-end computer processors on Wednesday as the chipmaker battles rival Intel Corp. for the "power users" that often set industry buying |
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| China Makes $3 Bln Bid for Zimbabwe Steel Company 27 Nov 2006Commodities |
| A Chinese corporation has offered $3 billion for a 60 percent stake in Zimbabwe's struggling state-owned steel firm in what would be the largest investment by China in the African country, a |
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| South Africa, Oman Sign Trade Deal 23 Nov 2006Commodities |
| South Africa’s Trade and Industry Minister Mandisi Mpahlwa and Oman Commerce and Industry Minister Maqbool Ali Sultan on Monday signed a trade co-operation agreement, in a move to stimulate trade |
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| Comesa Wants Non-trade Barriers Removed 23 Nov 2006Commodities |
| Leaders of Africa's main trading bloc have called for elimination of non-tariff barriers and an end to conflicts that undermine trade within the 21-member grouping.
At the close of a two-day |
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| India Products Find way to Many Africa Markets 22 Nov 2006Commodities |
| India has been actively promoting trade with Africa in recent years. To boost the country’s trade with the Sub-Saharan African region, the Government of India launched the “Focus: Africa” programme |
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| Chinese Goods Gain Popularity in Africa 22 Nov 2006Commodities |
| In recent years, Chinese goods have emerged as popular items of trade among African counries and Chinese companies are exporting in increasing quantities of a wide variety of products directly to the |
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| India, China to Boost Trade to $40B by 2010 21 Nov 2006Commodities |
| India and China, the world's two fastest-growing economies, will work to double trade with each other in the next three years, their leaders said Tuesday after a summit in the Indian capital.
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