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Written By: admin on June 17, 2010 No Comment

(AFX UK Focus) 2010-06-17 09:39 UPDATE 2-Plastic Omnium to buy Solvay stake in fuel tank JV
AMSTERDAM/PARIS, June 17 (Reuters) – Belgian drugs, chemicals and plastics maker Solvay is selling its 50 percent stake in vehicle fuel tank supplier Inergy Automotive Systems to French car parts maker Plastic Omnium. Inergy Automotive, jointly owned by Solvay and [...]

Written By: admin on June 16, 2010 No Comment

(AFX UK Focus) 2010-06-15 05:55 UPDATE 1-Reliance Comm shares rally on tower deal plans
NEW DELHI, June 15 (Reuters) – Reliance Communications shares rose more than 5 percent early on Tuesday on hopes the Indian mobile carrier’s plan to bring investors into its tower arm will help reduce its huge debt. Reliance Comm, India’s No. 2 [...]

Written By: admin on June 16, 2010 No Comment

(AFX UK Focus) 2010-06-15 10:11 UPDATE 2-Debt-laden Reliance Comm eyes deals for tower unit
By Devidutta Tripathy

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Written By: admin on June 14, 2010 No Comment

(AFX UK Focus) 2010-06-12 11:47 UPDATE 1-Etisalat to invest $1.4 bln in Egypt unit over 3 yrs
DUBAI, June 12 (Reuters) – Abu Dhabi’s Etisalat said on Saturday it planned to invest 8 billion Egyptian pounds ($1.41 billion) in its Egyptian unit over the next three years, as it eyes growth in the market. “Our investment [...]

Written By: admin on June 11, 2010 No Comment

(AFX UK Focus) 2010-06-10 11:22 UPDATE 1-Singtel’s CEO for international ops to retire
SINGAPORE, June 10 (Reuters) – Singapore Telecommunications’s CEO for international operations Lim Chuan Poh, one of the firm’s top executives, will retire at the end of this year, the company said on Thursday. Lim, 55, joined SingTel in 1998 and was appointed CEO [...]

Written By: admin on June 9, 2010 No Comment

(AFX UK Focus) 2010-06-07 08:53 UPDATE 1-Indian court finds 8 guilty in Bhopal gas disaster
BHOPAL, India, June 7 (Reuters) – A court on Monday found the Indian unit of U.S. chemicals firm Union Carbide and seven Indian employees guilty of negligence over one of the world’s worst industrial accidents that killed thousands of people in [...]

Written By: admin on June 3, 2010 No Comment

(AFX UK Focus) 2010-06-03 09:30 UPDATE 1-Nokia unveils 4 cheap phones, bicycle charger
By Tarmo Virki, European technology correspondent

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Written By: admin on June 3, 2010 No Comment

(AFX UK Focus) 2010-06-02 21:44 UPDATE 1-US’ Geithner wants growth-friendly fiscal reform
By Glenn Somerville and Emily Kaiser

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Written By: admin on June 2, 2010 No Comment

(AFX UK Focus) 2010-05-31 05:20 UPDATE 1-Mukesh Ambani in talks to buy India fund – source
MUMBAI, May 31 (Reuters) – Indian billionaire Mukesh Ambani is in talks to buy a majority stake in JM Financial Asset Management that oversees $1.8 billion in assets, a source with direct knowledge of the situation said on Monday. The [...]

Written By: admin on May 31, 2010 No Comment

(AFX UK Focus) 2010-05-31 15:23 UPDATE 1-Kuwait sovereign fund may sell Zain stake – report
KUWAIT, May 31 (Reuters) – Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, may sell its 24.6 percent stake in telecoms firm Zain, according to a newspaper report on Monday. But the fund denied it sought help to evaluaute the [...]

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