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Wed 08 Sep 2010

International Business
US Banks Post Over $21bn Profit
Monday, 06 September 2010 10:53

A mixed picture of U.S. banks emerged last week as the industry posted its highest quarterly earnings in nearly three years while the number of troubled institutions grew by more than 50.

 
Africans Say Yes To Renewable Energy
Monday, 30 August 2010 09:34

African countries have renewed their commitment to tackling the challenges posed by the energy sector, promising to proffer solutions to the lingering problems.

 
Shoprite Creates 5,700 Jobs
Monday, 30 August 2010 09:31

Shoprite intends to borrow about 2.5 billion rand ($338 million) in the next two years to fund an expansion drive in preparation for a recovery in consumer demand.

 
Africa Closes Market Against EU Goods
Monday, 09 August 2010 09:58

Africa Union (AU) Ministerial committee last Thursday said African countries were not ready to leave their markets that were opened to European goods.

 
Vodafone, France Telkom Face Lower Margins
Monday, 09 August 2010 09:54

Vodafone Group Plc, France Telecom SA and Bharti Airtel Ltd., which spent at least $18 billion on deals in Africa and the Middle East in the last two years, may face lower margins in the world’s fastest-growing phone markets.

 
BMW Profits Soar
Monday, 09 August 2010 09:52

German carmaker BMW has reported a surge in profits, thanks to a recovery in global markets, demand from China and strong sales of new models.

 
New BP CEO Faces Tough Task
Monday, 02 August 2010 10:18

The battered British Petroleum (BP) has begun reinventing itself as a result of the Gulf of Mexico oil spill, naming its first American Chief Executive Officer (CEO).

 
Cargill Saves Unilever
Monday, 02 August 2010 10:15

Cargill has entered into a supply agreement to provide Unilever's European operations with 10,000 metric tonnes of segregated refined palm oil, certified by the Round Table for Sustainable Palm Oil (RSPO).

 
US Economy Still Struggling
Wednesday, 28 July 2010 10:45

The US trade deficit widened to its highest level in 18 months in May, driven by demand for imported cars, computers and clothing.

 
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