Brazil Cuts Rate For 8th Time As Recovery Falters
Brazil cut its benchmark interest rate to a record-low 8 percent on Wednesday as policymakers scramble to revive an…
NCB’s Net Income Reached SR3,562m In The First Half Of 2012
The National Commercial Bank announced that net income for the first half of 2012 reached SR3,562m compared to…
Chinese Firm Plans $100 Mln Zambia Copper Project
A Chinese company plans to invest $100 million in a Zambian mining project that will produce 600 tonnes of copper…
S.Africa’s PPC In $133 Mln Deal With Black Investors
South African cement maker Pretoria Portland Cement is to sell a 6.5 percent stake to its staff and black investors…
Nigeria’s Cabinet Approves Bill To Overhaul Oil Sector
Nigeria's cabinet has approved a final draft of an oil law, years in the making, that will be sent to President…
Bank Of Japan Affirms Recovery, Stands Pat
The Bank of Japan on Thursday reaffirmed its view that the economy will keep to a moderate recovery despite high…
China And U.S. Agree To Cooperate In Asia: Clinton
Rival powers China and the United States will work together in Asia and find common ground to ensure proper…
Syria Hit By Diplomatic Defection As U.N. Battles Divisions
Syria's ambassador to Iraq defected on Wednesday in protest over President Bashar al-Assad's violent suppression of…
Libya Islamist Chief Won’t Concede Election Defeat
The head of Libya's largest Islamist party refused on Wednesday to concede defeat in its first free election in…
Israel To Deploy Rocket Interceptor At Egypt Border
Israel said on Wednesday it would deploy a battery of Iron Dome rocket interceptors at a southern frontier town…
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