Mon, 06 Sep 2010 14:00:41 GMT Africa: GLO 1 will revolutionise business - Globacom Ahead of the formal launch of Glo 1 international submarine cable, National Operator Globacom yesterday presented to telecom industry stakeholders the unique offers on the multi-million dollar facility.
Mon, 06 Sep 2010 13:51:01 GMT South Africa: Tyre Manufacturers Finally Brought to Book The complaint against tyre industry players for contravening competition law will now be adjudicated by the Competition Tribunal, following an investigation launched over two years ago, said the Competition Commission yesterday.
Mon, 06 Sep 2010 13:23:49 GMT Africa: Biofuels and the Scramble for Farmland The European Union has been urged to drop its pledge to produce 10 per cent of all transport fuels from biofuels by 2020 because of the effect this has had on the purchase of African land by multinational companies.
Mon, 06 Sep 2010 13:20:30 GMT Nigeria: That World Bank Report In the report of a study on the Nigerian economy conducted by the World Bank, it was reported to have declared that the economy does not suffer from credit crunch. If, as we have been made to believe, it is government's avowed policy to ensure a private sector-led economic growth, we find in the reports an over simplification of the problem.
Mon, 06 Sep 2010 12:52:14 GMT
World Business
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Wall Street faces an economy at a 'crossroads' Stocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It's a holiday-shortened week with little on the docket to set the tone.
Sun, 05 Sep 2010 18:00:18 EDT 81% rate U.S. economy as 'poor' - CNN poll A new national poll released Sunday indicates that eight in 10 Americans say that the economy is in poor shape, and the number that say conditions are very poor is on the upswing after steady declines through the spring.
Fri, 03 Sep 2010 17:54:37 EDT Dow back in the black for 2010 Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
Fri, 03 Sep 2010 16:57:39 EDT Where the jobs are now, and where they'll be next U.S. companies modestly added jobs in August, easing concerns that the nation might slip back into a recession. The latest jobs report released by the Labor Department today is better than expected. Employment in the private sector rose by 67,000 payrolls, after a revised 107,000 increase in July that was more than originally estimated. The report immediately sent stocks rallying, despite the fact that overall employment dropped and the unemployment rate climbed to 9.6% from 9.5%, as more people actively searched for jobs.
