INVESTMENT

Swiss bank UBS AG will pay out less money in form of bonuses in 2010 than in the previous year, Swiss weekly Sonntag reported on Sunday.

Zimbabwe has licensed five independent power producers whose projects are aimed at helping a struggling power sector by doubling current electricity output to 4,450 megawatts, a government minister said on Friday.

China has offered Zimbabwe $3 billion for vast platinum reserves, a local private newspaper reported on Friday but said the deal was likely to be rejected by the government over its terms.

Proposed changes to revenue sharing within the Southern African Customs Union (SACU) are unacceptable because they place an unfair burden on its poorer members, a senior Namibian official said on Friday.

Investors from China and Libya are interested in buying agribusinesses in Ukraine to secure food supplies, a newspaper quoted top Austrian investment bankers as saying.

New JPMorgan fund will buy distressed real estate debt, even though many critics believe that the firm itself is, in part, responsible for much of the distressed real estate in the U.S.

Google Android Honeycomb tablets are expected to end Apple iPad's monopoly. Here are seven reasons why Honeycomb tablets will fare better than iPads:

JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said.

Sudan's north will continue to use the Sudanese pound after the oil-producing south secedes on July 9, a central bank official said on Thursday, dousing reports that Khartoum may adopt a new currency.

Federal Reserve Chairman Ben Bernanke's speech to the National Press Club on Feb. 3, 2011

South Africa's rand weakened more than 1.7 percent to near six-month lows against the greenback on Thursday, pushing through its long-term moving average as offshore hedge funds drained dollars off the market.

Nestle, the world's biggest food group, said on Thursday it would invest 1 billion Swiss francs expanding capacity in Africa over the next two years.

Answers Corp, owner of the popular Q&A website, agreed to be bought by private-equity firm Summit Partners for about $127 million in cash.

At least once a week during her young presidency, Dilma Rousseff has met with trusted advisers to try to solve an intractable problem -- China.

Saudi Arabia has eased its real estate and investment laws to allow foreigners residing and working in the kingdom to purchase and own properties there. The move is widely seen as a way to revive the country’s moribund real estate market.

Mobile carriers risk an end of profit within four years amid increased smartphone usage, rising investment costs and falling revenue per unit of data, says a new study.

President Obama has called for new efforts that would increase energy efficiency in commercial buildings across the country by 20 percent and save American businesses $40 billion a year.

National Stock Exchange, Inc. (NSX) said that assets in U.S. listed Exchange-Traded Funds and Exchange-Traded Notes touched a new record of about $1.02 trillion at the end of January 2011.

ThinkEquity has outlined its top consumer stock picks for 2011. The stocks include: Life Time Fitness, PetSmart, Williams-Sonoma, Coach, and Advance Auto Parts.

Internet company AOL, Inc. (AOL) reported better-than-expected fourth quarter results on the top-line, with in-line earnings. Management believes that 2011 is the come back year for AOL. Jefferies & Co. reduced its price target on shares of AOL to $26 from $27, while maintaining its hold rating.

South African Mining Minister Susan Shabangu said on Wednesday the government would act to ensure sufficient coal supplies for power generation, but urged industry to sort out the supply problem first.