|
|
|
Last Updated: Apr 27, 2007 - 11:26:32 AM |
Business
India a “Global Player”
Tata Steel’s recent $13.2 billion acquisition of the Anglo-Dutch conglomerate Corus Steel has prompted India’s corporate and political elite to indulge in much euphoric chest-thumping about “rising India.”
Apr 25, 2007 - 9:54:00 AM
Business
Still a Pipe Dream
Nigeria's plan of achieving self-sustenance in domestic refining capacity is threatened by the recent revocation of private refineries’ licences
Apr 25, 2007 - 9:48:00 AM
Business
The Wal-Mart Squeeze
A bottom feeding investor might be intrigued by a consumer electronics company called Handheld Entertainment, a San Francisco-based firm that's trading at about a third of its 52-week high of $7.78 a share. While the company lost $12 million last year, it competes in a business where one big hit can turn things around.
Apr 25, 2007 - 9:39:00 AM
Business
Aveng Sells out of Holcim SA in Landmark R7.4bn BEE Deal
Pretoria - Aveng, South Africa's biggest construction and engineering company, will sell its entire 45.65 percent shareholding in cement producer Holcim South Africa for R7.4 billion, paving the way for South Africa's biggest black economic empowerment (BEE) transaction.
Apr 24, 2007 - 10:05:00 AM
Business
Banks Surpass Pre-Consolidation Profitability by 68 Percent
In what appears to be the first sign of the benefits of the banking sector consolidation, 18 banks quoted on the Nigerian Stock Exchange (NSE) have posted profits far exceeding the levels recorded by the 89 banks operating in the sector before consolidation.
Apr 24, 2007 - 10:02:00 AM
|
|
|
|