said on Wednesday it named Nick Reid and former joint head of corporate broking Tim Waddell as joint heads of UK investment banking.
The two will replace Hew Glyn-Davies, who will become a vice -chairman of the invstment banking department and focus on client relationships as well as advising the new team, UBS said in a [...]
Mozambique expects foreign direct investment to climb 30 percent in the next four years as the economy expands, Finance Minister Manuel Chang said.
Investment will probably reach $450 million this year and $560 million by 2011, compared with $430 million in 2007, Chang said in an interview in Maputo, Mozambique today. Agriculture and tourism are likely [...]
Since the signing of a comprehensive peace agreement in March 2007, C?te d’Ivoire has been healing the wounds of a civil war that divided the country for more than four years. Major challenges remain in reconciling different political and ethnic groups and in reviving the confidence of a vibrant business sector that once made the [...]
The Madhvani group is set to scale up its investment portfolio in Rwanda with new ventures valued at US$20 million in the telecoms, tourism and insurance sectors.
The group already has investments worth $13 million in the sugar industry.
Mr. Mayur Madhvani, the group managing director recently presented his investment plans to President Paul Kagame.
The Madhvani group [...]
Once again, the heavens are open and it is raining IPOs in Kenya. Little is understood about IPOs in Kenya except that they “make money” and that share allocations are handed out in measly doses by mean investment banks.
Even much less understood is the concept of investment banks which most of us cannot differentiate from [...]
LONDON, March 28 (Reuters) - Britain’s FTSE 100 index .FTSE is seen
opening 7-28 points lower on Friday, according to financial bookmakers, having
closed up 57.1 points, or 1 percent at 5,717.5 in the previous session.
The UK’s blue-chip index looks set to open the week’s final session a little
softer, traders said, [...]
(Recasts, adds EFG Eurobank, Abertis, ICI India, Clear
Channel, Teekay Tankers, Illinois, Boeing)
March 28 (Reuters) - The following bids, mergers,
acquisitions and disposals involving European, U.S. and Asian
companies were reported by 0900 GMT on Friday.
(For Reuters columns on deals, click on [DEALTALK/])
** Radio broadcaster Clear Channel Communications Inc
(CCU.N: [...]
BEIJING (AP) — The head of the Organization for Economic Cooperation and Development said Tuesday there is no need to restrict investments by government funds so long as they are motivated by profit, not politics.The OECD, a 30-nation group of the richest economies, has found no cases where such sovereign wealth funds have acted to [...]
Those who are seeking Property Development Finance in London may be interested to read the comments of one property expert who has promoted the capital’’s long-term investment potential.
William Kistler, president of the Urban Land Institute for Europe, Middle East, Africa and India, said that the capital could provide possibilities for those looking to profit over [...]
Oil Search to Sell Middle East Assets to Focus on LNG (Update3)
By Angela Macdonald-Smith
March 19 (Bloomberg) — Oil Search Ltd., Papua New Guineas
biggest oil producer, plans to sell interests in the Middle East
and North Africa to help finance a liquefied [...]
