The Ghana cedi continues to extend gains made late last week and could pursue the upward trend if the central bank and mining sector keep supplying the market with dollars, traders said.
Dubai-based City Energy & Infrastructure LLC plans to build a copper smelter and sugar plant in Tanzania over the next three years at a total investment of $500 million, a senior company official said on Monday.
James Murdoch will appear before the British parliament once again on Nov. 10 to discuss the News of the World phone-hacking scandal, the Media, Culture and Sport Committee announced Monday.
Just weeks before fallen hedge fund tycoon Raj Rajaratnam was sentenced to 11 years in prison for insider trading, U.S. prosecutors pressed him to turn on his friend, former Goldman Sachs director Rajat Gupta, The Daily Beast online newspaper reported.
Eastman Kodak, the ailing imaging giant, met with hedge funds including Cerberus Capital and Silverpoint to raise as much as $900 million in bridge financing.
Wall Street was set for a higher open on Monday as strong earnings from Caterpillar offset concerns European policymakers were struggling to narrow differences in tackling the region's debt crisis.
The European Union is now discussing two options for giving the euro zone rescue fund more firepower -- an insurance model and a special investment vehicle , a paper obtained by Reuters on Monday showed.
China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the continent, including Greece.
China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the continent, including Greece.
Consider that higher education isn't the ticket to a guaranteed job like it once was. Consider also that education costs have been rising far above and beyond core economic inflation, making it arguably less valuable. Consider also that student loans are the one debt that Americans can't get out of.
Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc's core business, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.
Kohlberg Kravis Roberts is placing an early bet on a slowdown in the Chinese economy and plans to expand into Hong Kong in the next six to nine months with its $2 billion special situations unit, the Financial Times reported on Friday.
The top after market NYSE gainers on Friday were: Encana Corp, Green Dot, Yingli Green Energy Holding, Eaton and Signet Jewelers Ltd. The top after-market NYSE losers were: Royal Bank Scotland Group, Air Lease Corp, AMR Corp, Advantage Oil & Gas and Wuxi Pharma Tech.
Tata Group has not renewed a five-year agreement with Australia's largest retailer Woolworths for retailing consumer electronics in India, the Economic Times reported on Monday, quoting unnamed persons close to the development.
The U.S. Federal Bureau of Investigation is probing the massive advisory fee paid by Japan's Olympus Corp. in its takeover of a British company, a media report said, as the firm's shares continued to slide over the scandal.
The cabinet will shortly consider a proposal to allow foreign airlines to pick up stakes in cash-strapped domestic carriers, local media reported on Monday, citing unnamed government officials.
China's vast manufacturing sector picked up moderately in October, snapping a three-month contraction and underscoring the resilience of the world's second-largest economy backed by robust domestic demand.
Fortress Investment Group LLC has hired David Dredge as co-chief investment officer at its convexity strategies group, two sources familiar with the matter said.
Same time next year. With the huge success of Paranormal Activity 3, expect yet another sequel next October.
UBS may cut its return on equity target by 5 percentage points to a range between 10 and 15 percent at an investor day next month when the Swiss bank is expected to announce the shrinking of its investment bank.
Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc's core business, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.
EU finance ministers outlined a deal on Saturday for recapitalizing European banks, and the leaders of Germany and France said they hoped for a breakthrough in tackling the Eurozone debt crisis at a summit on Wednesday.
