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The Watch
Canada’s Dollar Gains First Time In Six Weeks
Canada’s dollar rose for the first time in six weeks against its U.S. peer after the central bank quelled…
Nokia Share Rallies On Takeover Talk
Nokia shares are trading higher Friday morning in a move that at least one report attributes to dubious rumors…
China’s Unipec Wins Egypt Naphtha Tender Biggest Share
China's Unipec has won the biggest share of Egypt's tender to sell naphtha in the second half of 2012, traders said…
China To Cut Fuel Prices June 9: C1 Energy
China will cut gasoline and diesel prices June 9, energy consultancy C1 Energy said, citing sources from the…
Oil Price Drop, Iran Sanctions, Election: OPEC’s June 14 Top Agenda
Members of the Organization of the Petroleum Exporting Countries will hold their first meeting of the year on…
Egypt Embraces Russia-Linked Soyuz As Wheat Official Supplier
Soyuz Commodities, which has links to Moscow's state grain exporter, has won recognition as an official supplier to…
FAO: World Food Prices Dip In May
World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other…
OT Sees Fine of $1.3 Bln Against Djezzy
Orascom Telecom Holding (OTH) (ORTE.CA) expects the issue of a $1.3 billion fine levied by authorities against its…
Orascom Construction Industries Gets $100 Mln World Bank Loan
Egypt's Orascom Construction Industries (OCI) (OCIC.CA) has secured a $100 million loan from the World Bank's…
China’s Unipac To Win Egypt’s EGPC Sale Tender
State-owned Egyptian General Petroleum Corp (EGPC) is expected to award China's Unipec the bulk of 630,000 tonnes…