Rio Tinto said it rejected BHP Billiton’s BHP.L $147 bln (73.4 bln pounds) takeover offer, aimed at assembling a super mining house, on value only, but warned that mining companies could run
Goldman Sachs forecasts global credit losses stemming from the current market turmoil will reach $1.2 trl, with Wall Street accounting for nearly 40% of the losses. U.S. leveraged institutions, which include banks,
Statement attributable to the Spokesperson for the Secretary-General on Cyprus The United Nations Secretary-General has congratulated the Greek Cypriot leader Demetris Christofias, and the Turkish Cypriot leader Mehmet Ali Talat, on the
Dell Inc said on Tuesday the personal-computer industry was experiencing a shortage of laptop batteries partly because of a recent fire at a major supplier, but the company was working with other
President Nicolas Sarkozy has questioned whether France and Britain could not work together to put pressure on the United States to strengthen the dollar. Sarkozy starts a 2-day state visit to Britain
CSE declines 42% in 1Q’08  The massive decline in equity prices in the first quarter has wiped out EUR 8 bln in wealth from the Cyprus Stock Exchange. After starting the
‘Goodwill’ demands as high as EUR 850,000  Property prices in the capital’s once-busy high street are climbing again as people flock back to the only pedestrian stretch crowded with shops, restaurants
Redline Communications Group Inc., a leading Toronto-based provider of WiMAX and broadband wireless infrastructure products, announced that UUNET Kenya Ltd. has chosen Redline’s WiMAX Forum Certified RedMAX products for its national WiMAX
Somalia is again polio-free, the Global Polio Eradication Initiative (GPEI) announced in Geneva, calling it a ‘historic achievement’ in public health. Somalia has not reported a case since 25 March 2007, a major
The rapidly growing small and medium businesses (SMB) sector in the Middle East and Africa region is driving the demand for internet protocol (IP) telephony implementation, as reflected by a recent survey
