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Sunday, August 12, 2012
Egyptian troops and security forces on Friday detained nine Islamic militants in northern Sinai believed to be behind a surprise attack last weekend that killed 16 Egyptian soldiers, a security official said.
Wednesday, August 8, 2012
A government tribunal fined South Africa's Telkom SA Ltd. US$54.8 million Tuesday over a decade-long case alleging the company used its monopoly to put unfair prices on its competitors.
Tuesday, August 7, 2012
Venezuelan state oil giant PDVSA is in talks with Argentine counterpart YPF to conduct oil and gas exploration around the Falkland Islands, the company's president was quoted as saying Sunday.
Monday, July 30, 2012
Poor S. African kids unlikely to escape poverty: World Bank
Inequalities in South Africa are threatening economic growth, with children born into poor families unlikely ever to escape poverty or reap the rewards of living in Africa's largest economy.
Saturday, July 28, 2012
Starbucks Corp. reported third-quarter net income on Thursday that fell short of Wall Street expectations and cut its outlook for the current quarter, citing the challenging global economy.
Shares turn bitter as Starbucks lowers outlook
Thursday, July 12, 2012
Taiwan-made special vehicle wins prizes in Kuala Lumpur
A fuel cell vehicle designed by Taiwanese college students recently won the speed and design categories of an international special vehicle competition in Kuala Lumpur.
An annual sale of Taiwanese mangoes at a Keio Department Store in Tokyo kicked off well Wednesday, with the two-day event predicted to rake in over 1 million Japanese yen (US$12,625).
Monday, July 2, 2012
It would seem to be a sure thing for firms offering mobile money transfers: the most populated country in Africa, a growing economy and a nation where just about everyone has a mobile phone.
Thursday, June 21, 2012
Massive offshore gas discoveries in East Africa are catapulting the region into a major player in the global energy arena, bringing billions in investment that could transform entire economies.
Tuesday, June 12, 2012
A South Africa platinum mine owned by global giant Anglo American will temporarily halt operations after low prices made operations unviable, the co-owner said Monday.
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