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Telkom in Talks to Buy Uganda Telecom Stake 8 Jan 2007 Equity Markets |
| South Africa's fixed-line phone company Telkom is in talks to buy a stake in Uganda Telecom a deal that would give it a long-coveted presence outside its lacklustre home market.
Telkom said |
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| Detroit Gets a Buzz from Electric Cars 8 Jan 2007Equity Markets |
| They're going electric in the Motor City well, maybe not just yet. But it made for a nice "buzz" as the world auto industry gathered on Sunday at one of its premier events, the North |
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| South Africa's Neotel Lines Up R6bn for Network 14 Dec 2006Equity Markets |
| South Africa's second national operator Neotel has made arrangements for R6 billion in funding for its network. The first stage of the funding, R2 billion in bridge financing, was signed into |
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| IBM to Open Islands in Virtual World 13 Dec 2006Equity Markets |
| IBM Corp. is launching an ambitious marketing campaign in the hip virtual world "Second Life."
Big Blue has developed 12 "virtual islands," and most will be open to anyone with |
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| Qantas Rejects $8.6 Billion Takeover Bid 13 Dec 2006Equity Markets |
| Australia's Qantas Airways Ltd. rejected on Wednesday a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd. and private equity firm Texas Pacific Group.
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| Brazil's CSN bids $9.6 Bln for Corus, Topping Tata 11 Dec 2006Equity Markets |
| Brazilian steelmaker CSN has agreed to buy Anglo-Dutch rival Corus Group (CS.L) for 4.9 billion pounds ($9.6 billion) in cash, trumping an offer agreed only hours earlier with India's Tata Steel |
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| China's Trade Surplus at $23.37 Billion in November 7 Dec 2006Equity Markets |
| China's trade surplus was 23.37 billion dollars in November, a slight fall from the previous month but still near record highs. A brief Xinhua news agency report gave no other figures other than |
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| Lilly Sees Slower Profit Growth in 2007 7 Dec 2006Equity Markets |
| Eli Lilly and Co. said on Thursday it is on track to meet its 2006 growth forecast of 8 percent to 12 percent, but projected slower profit growth in 2007 though its revenues will grow at a faster |
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| Tesco Says Sales Rise 9.6 Percent 5 Dec 2006Equity Markets |
| Supermarket group Tesco, Britain's biggest retailer, has said that its sales increased by 9.6 percent during the third quarter, helped by solid growth in non-food items.
Excluding petrol, |
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| DoCoMo Sees op Profit Gain in Next Fiscal Year 5 Dec 2006Equity Markets |
| Japan's NTT DoCoMo Inc. (9437.T) said on Tuesday it expected a gain in operating profit in the next fiscal year after posting a bigger-than-expected 7.4 percent profit decline in the first-half. |
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| Zimbabwe Sets Ambitious Targets to Kickstart Economy 4 Dec 2006Equity Markets |
| Zimbabwe's embattled finance minister has set a Herculean task of slashing four-digit inflation by two-thirds and getting the ruined economy back on track, but experts say his latest budget is |
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| Rwanda, Burundi Join East African Community 1 Dec 2006Equity Markets |
| Rwanda and Burundi were admitted Thursday to the East African Community, a three nation economic bloc with more than 120 million people. The two countries join Kenya, Uganda and |
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| UK Retail Sales Drop to Lowest Level Since March 30 Nov 2006Equity Markets |
| British retail sales volumes fell for a second month running in November and to its weakest level since March, a survey showed on Thursday.
The Confederation of British Industry's |
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| Japanese Stocks Climb; Dollar Down 30 Nov 2006Equity Markets |
| Japanese stocks rose Thursday amid optimism about the nation's economic propects, with bank and steel shares leading the way. The dollar was lower against the yen.
The benchmark Nikkei 225 |
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| Contract Deadline Nears at Philly Papers 30 Nov 2006Equity Markets |
| With their contract expiring at midnight Thursday, editorial employees of Philadelphia's two largest newspapers braced for a possible strike that analysts said both management and the unions |
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| Online Shopping Season Begins with Deals 28 Nov 2006Equity Markets |
| After jamming malls on Friday for discounted flat-screen TVs and toys, shoppers clicked onto their computers at work Monday as retailers ushered in the start of the online shopping season with |
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