China promised to lend a coalition of African countries some $10 billion over the next three years in unconditional, clean development aid as concerns grew from critics about China’s motives. At the beginning of a two day Asian-African summit held...
Fannie Mae Foundation announced the U.S. giant mortgage finance plan to seek new financial support from the federal government U.S. $ 15 billion after it continued losses for the ninth consecutive quarter. Fannie Mae reported that its losses during the...
The German Federal Statistics Office revealed Friday the high number of German companies bankrupt until the end of August last year by 12.3% compared to the same month last year, attributing it to the continuation of the global financial crisis....
Cape Town :: South Africa
| updated Sun Nov 08 14:21:22 -0800 2009
| business-news
The deal size between Bharti Airtel and MTN was estimated to be worth over 23 billion dollars and the combined entity would have been among the top five operators globally with revenues worth 20 billion dollars and 200 million subscriber...
Ira :: Burkina Faso
| updated Fri Nov 13 20:56:46 -0800 2009
| business-news
The turmoil in the markets makes it too easy to justify selling any stock these days. Yet, while panic never helps investors, it's still a good idea to play devil's advocate with investments...Here at The Motley Fool, we like to...
Nairobi :: Kenya
| updated Fri Nov 27 06:37:45 -0800 2009
| business-news
An Indian vehicle manufacturer has launched its brands in the Kenyan market in a move that is bound to intensify competition. Ashok Leyland joins the list of trucks angling for the growing construction industry that has been boosted by government’s...
Gap "does not use the word 'Christmas' to avoid offending those who don't embrace its meaning," writes Buddy Smith, executive assistant to the president of the AFA, on the organization's website. "Christmas has historically been very good for commerce.
Wednesday, October 28th 2009 Lawrence Duprey lawrence Duprey's CL Financial empire may have collapsed, but his legacy will live on in the Trinidad and Tobago landscape for a very long time. Nowhere is this more pronounced than in the local...
Saudi Arabia won Ms. Ghada Ba-Aqeel award for "Best women's business" in the world, by the youth organization of global business YBI, the achievement of Arab and Gulf unprecedented. Ba-Aqeel was chosen as the draft, "the city center for children...
Reported from Almasry-alyoum journal in Egypt The losses volume of OrascomTelecom Company in Algeria due to the violence attacks was calculated till now approximate to 54 million dollar (USD), the violence attacks targeted 39 place belongs to the company ,contained...
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