INVESTMENT

Huawei

Australia, Huawei Lock Horns Over Cyber Security Concerns

Huawei, China's largest equipment manufacturer, has just lost a shot at billions of dollars worth of infrastructure sales to Australia. In light of China's reputation for cyber-espionage, the Australian government has decided to block Huawei from bidding on Australia's roughly AUS$36 billion National Broadband Network project. The decision was reported on March 26.

Centerra Gold Cuts Kumtor's '12 Forecast

Kumtor mine in Kyrgyzstan mine
Canadian miner Centerra Gold on Tuesday slashed its forecast for 2012 production at its flagship mine in Kyrgyzstan by about a third due to ice movement in the pit, a decline sure to weigh on the fragile economy of the Central Asian state.

Seoul Nuclear Security Summit 2012 : Joint Declaration By World Leaders (Full Text)

South Korea's President Lee reaches out to shake the hand of Mexico's Energy Minister Herrera at the Nuclear Security Summit working dinner in Seoul
The Nuclear Security Summit in the South Korean capital ended on Tuesday with world leaders making fresh commitments towards building a safer world devoid of nuclear terrorism. The summit ended with a joint declaration, dubbed the Seoul Communique. The full text of the declaration, published by South Korea's official news agency Yonhap News, is below:
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New Cars Dealership

Fuel-Efficient Cars Drive Auto Sales Higher in March

March auto sales are expected to reach their highest levels since 2007, driven by increased consumer confidence, inventory levels, demand for fuel-efficient cars and redesigns of popular models like the Toyota Camry and Honda Civic, according to recent industry reports.
Guy Hands

Terra Firma Buys UK's Garden Centre Group For £276M

Terra Firma Capital Partners announced on Monday plans to acquire The Garden Centre Group from Lloyds Banking Group PLC for £276 million ($438 million) and rejuvenate the U.K.'s largest specialist retailer in gardening and plant products after years spent under the control of debtors.
Coup leaders in Mali, captured from TV image, Thursday, March 22, 2012

Mali Coup Leaders Steer Clear Of Economic Upheaval

Although leaders of the military coup in Mali appear to be rounding up and jailing potential opponents among politicians and policymakers, they seem to be trying to minimize disruptions to the economy and daily life, leaving in place government ministers in charge of finance, trade and industries.
T-Mobile

T-Mobile Cuts 1,900 Jobs, Seven Call Centers

The U.S.'s No. 4 cell phone service T-Mobile USA, Inc. said Thursday it plans to cut about 1,900 jobs and close seven customer service call centers as it undergoes restructuring after a proposed purchase by AT&T was nixed by regulators.
Gold bars

Economic Boom Good For Gold Owners

Another possible scenario, if the situation in Europe continues to improve and we are able to avoid any black swans, involves a robust economic growth period.
Syria's President Assad and wife arrive at a dinner during a EU-Mediterranean summit in Paris in 2008.

EU Sanctions Syrian First Lady

The wife of Syria's leader, Asma al-Assad, will suffer sanctions from the EU, including a travel ban to Europe and an asset freeze.

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