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IPO planned by Moscow Exchange to woo investors
MOSCOW - To promote the development of the local capital markets as well as to broaden the regional and international appeal of Moscow as a financial centre, Russia's biggest stock market - the ...
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UK monetary and fiscal policy lacks firepower says ITEM Club
LONDON - The UK economy is expected to muddle through with "sluggish growth" for the next two years unless the Treasury and the Bank of England adopt a more innovative approach to fiscal and monetary...
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Dreamliner battery maker to be probed
KYOTO - Aviation safety officials probing problems with the Boeing Co's 787 Dreamliner visited the headquarters of the plane's battery maker - GS Yuasa in Japan, seeking clues into overheating of the...
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19 shale gas blocks awarded by China in second round
BEIJING - China has received commitment of 12.8 billion yuan ($2 billion) investment over the next three years in the 19 shale gas exploration blocks awarded in the second round to 16 domestic firms,...
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WellCare to buy Missouri Care from Aetna
WASHINGTON - WellCare Health Plans, Inc., which provides managed care services targeted to government-sponsored health care programs, has entered into an agreement to acquire Missouri Care, Inc., a ...
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Ecofin authorizes 11 states to process transaction tax
BRUSSELS - The European finance ministers (Ecofin) Council Tuesday authorised eleven Eurozone member states including France and Germany to go ahead with preparation of a financial transaction tax ...
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UN report warns of record unemployment in 2013
GENEVA - The International Labour Organisation (ILO) Tuesday warned that a record 202 million people could be unemployed across the world this year, reflecting the economic downturn in developed ...
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Bowing to government pressure BOJ agrees to double inflation target
TOKYO - Bowing to government pressure, the Bank of Japan (BOJ) has agreed to double its inflation target to 2% and ease monetary policy in an effort to end years of economic stagnation. Japan's ...
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Pledge to strengthen Eurozone marks 50 years of Elysee Treaty
BERLIN - France and Germany marked 50 years since a landmark treaty sealed their post-war reconciliation and agreed to hammer out joint proposals for strengthening the crisis-battered Eurozone. ...
View ArticleWorld US college alert amid shooting
Updated 2 hrs 27 mins ago A college in the US state of Texas is on lockdown amid reports of a shooter on the campus. Gunfire reportedly rang out on the campus of Lone Star College in the north of ...
View ArticleWorld Obama welcomes debt-limit vote
A Republican plan to increase the US borrowing limit for almost four months has been welcomed by the White House. The move "de-escalated the sense of conflict", said spokesman Jay Carney, ...
View ArticleBusiness Investment fund buys stake in Rwandan firm
Kenyan-based venture capital fund, Fanisi Capital, has bought stake in a Rwandan pharmaceutical firm, Sophar Limited. The investment in the Kigali-based company, which imports branded drugs, mostly ...
View ArticleBusiness Fraudsters target Kenyas archaic card technology
The country will be a favourite haven for fraudsters if it continues to delay the migration from magnetic strip to chip technology plastic ...
View ArticleBusiness NSE unveils platform for small companies
The NSE has officially launched the Growth Enterprise Market Segment (GEMS), which is an alternative platform that would enable small and medium sized firms raise substantial capital at a regulated ...
View ArticleClasses resume at scene of St. Louis business school shooting
Coming off victories in the All-Suburban Conference Tournament at Hazelwood Central and the St. Charles West Invitational to open the 2013 ...
View ArticleBusiness Tanzania to Kenya Stop sabotaging our flower sector
The country’s determination to protect the lucrative cut flower industry from pests and diseases is putting it on a warpath with ...
View ArticleBusiness Diaspora remittances hit Sh9.2b in December
December witnessed a drastic increase in remittances, with Kenyans abroad sending home $105.7 million (Sh9.2b). Central Bank (CBK) said remittances grew by 24.3 per cent during the month in review, ...
View ArticleHot summer hits Nufarm earnings
Pesticide company Nufarm says hot and dry conditions in eastern Australia have negatively impacted its earnings.But a better than expected performance from its operations in South America and Europe ...
View ArticleAetna selling Missouri Medicaid business
JEFFERSON CITY o Missouri insurance regulators said Wednesday that insurer Aetna agreed to pay a $1.5 million penalty to settle allegations ...
View Article2013 ASCA World Clinic Features International Stars
2013 ASCA World Clinic in New Orleans, LA, September 3-8, 2013, is featuring some very elite and exciting international speakers:* Coach Graham Hill of South Africa, coach to 2012 Olympic star and ...
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