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 [...]
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: [...]
Bear Stearns Hopes, Rios Allure, Chinas Bank Lesson: Timshel
Commentary by David Wilson
March 19 (Bloomberg) — Bear Stearns Cos.s shares have
more than doubled since the initial shock of JPMorgan Chase %26amp;
Co.s takeover bid wore off. The rebound looks like a triumph [...]
Australia Stocks: City Pacific, BlueScope, Murchison, ResMed
By Emma OBrien
March 14 (Bloomberg) — Australias benchmark S%26amp;P/ASX 200
Index advanced 71.40, or 1.4 percent, to 5,207.30 as of 2:04 p.m.
in Sydney, headed for a 1.1 percent drop this week, after
sliding 5.5 percent last [...]
Rio, South Africa Discuss Future of Aluminum Smelter
By Brett Foley and Ron Derby
March 13 (Bloomberg) — Rio Tinto Group, the worlds second-
largest aluminum producer, said its in talks with South Africa
over the future of the proposed $2.7 billion Coega smelter [...]
Asian Stocks Complete Second Losing Week; Toyota, Nomura Fall
By Chua Kong Ho and Kyung Bok Cho
March 14 (Bloomberg) — Asian stocks fell, completing a
second weekly decline, on concern credit market losses will
widen and the dollar will weaken.
[...]
Sinosteel Makes $A956 Million Hostile Bid for Midwest (Update4)
By Jesse Riseborough and Helen Yuan
March 14 (Bloomberg) — Sinosteel Corp., Chinas second-
biggest iron ore trader, made a hostile A$956 million ($905
million) takeover bid for Australias Midwest Corp. to secure
supply of the [...]
NEW YORK (Reuters) - Aluminum producer Alcoa Inc (AA.N: Quote, Profile, Research) said on Friday it will contribute up to $1.2 billion in its partnership with China’s Chinalco to acquire a 12 percent stake in mining giant Rio Tinto Plc (RIO.L: Quote, Profile, Research).
“We have long believed that Rio Tinto has [...]
(Adds company items, update snapshot)
PARIS, Jan 21 (Reuters) - European equities were poised to add to recent
steep losses on Monday, tracking a drop in Asian shares as the prospect of a
U.S. recession continued to rattle investors worldwide.
By 0730 GMT Euro Stoxx50 futures STXEc1, DAX futures FDXc1 and CAC-40
futures [...]
