Browsing Category
The Watch
Iraq Inks $363 Mln Power Deal With Orascom Construction
Iraq’s electricity ministry signed a $363 million power deal with Egypt’s Orascom Construction Industries (OCIC.CA)…
EFG-Hermes Jumpes To Month High On Qinvest Talks
EFG-Hermes Holding SAE (HRHO.CA) jumped to the highest in a month after it said QInvest LLC may hold a majority…
Qatar’s Qinvest May Acquire Majority of New Bank With EFG-Hermes
EFG-Hermes Holding SAE (HRHO.CA) said Qatar’s QInvest LLC may hold a majority stake in a planned investment…
AstraZeneca CEO To Quit On June 1
AstraZeneca Chief Executive David Brennan is to step down on June 1 in an abrupt exit after six years in the top…
Qatar to Provide $400 Million To Help Egyptian Mostorod Refinery
Qatar is providing $400 million to support Egypt’s Mostorod refinery project, which has been stalled since…
Strong Airliner Sales Boost Boeing’s Profit
Boeing Co. posted a higher-than-expected quarterly profit on Wednesday, helped by an increase in commercial…
Canon Increases its Full-Year Profit Forecast by 16%
Canon Inc. -the world’s biggest camera maker- increased its full-year profit forecast by 16 % to the highest in…
Facebook Acquisitions Add a Week to IPO Timing
A recent acquisition spurt by Facebook Inc may add about a week to the social network's journey to public markets.…
Apple Surpasses Wall Street Targets and Dispels iPhone Worries
Apple Inc's quarterly profit almost doubled after a jump in iPhone sales, particularly for the greater China…
Atos Confirms Guidance as Q1 Sales 2.4% Higher
French computer service company Atos SA (ATO:FP)Wednesday said it confirms guidance for 2012 after reporting first…