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Industry & Trade
As recalls mount, Takata, Japan automakers stuck in uneasy reliance
Air bag manufacturer Takata Corp (7312.T) and Japanese carmakers including Honda Motor Co (7267.T) are locked in…
Rosneft takes control of PetroRio Oil Venture in Brazil’s Amazon
OAO Rosneft, Russia’s largest oil producer, has taken control of an exploration venture in the Brazilian Amazon,…
Egypt Exports to Nile Basin Markets hit US$69.6 million in January
Egyptian exports to Nile basin countries have reached in January US$69.650 million, Egypt’s state statistics agency…
Egyptian state company to install five PV Solar Power Plants in Dakahlia
Egypt’s military organisation, the Arab Organization for Industrialization (AOL) is set to install five solar…
South African Tycoon buys New Look Fashion Retailer
New Look has been bought by a South African magnate for £780 million. Brait, controlled by retail billionaire…
Avon shares seesaw on spurious reports of a takeover bid
Trading in Avon Products was repeatedly halted earlier on Thursday after shares soared as much as 20% in New York.…
Sysco may face about $1 billion in costs if US Foods Merger dies
Sysco Corp (SYY.N) will be left with a bill of around $1 billion if the U.S. government kills its $3.5 billion…
Egypt’s FY Wheat Imports 40% Less – Official
Wheat imports in Egypt are witnessing a 40 percent decline this fiscal year, vice chairman of the state-grain buyer…
Biggest Russian Business Delegation visits Egypt May 25
A Russian business delegation will arrive in Egypt for a two-day visit on 25 and 26 of this month, the…
Egypt Refuses EKH Offer, New Negotiations To Start: Salman
The Egyptian government has refused an offer from the Egypt Kuwait Holding (EKH) (EKHO) company to settle the…