By Agency Reporter Paris: France Telecom SA’s 2010 profit fell a smaller-than-expected 1.3 per cent as the country’s biggest phone company added more customers for broadband services, Bloomberg reported on Thursday. Earnings before interest, taxes, depreciation and amortisation slid to ¤15.6bn ($21.5bn) from 15.8bn year earlier, the company said in […]

By Agency Reporter Munich: Allianz SE, Europe’s biggest insurer, raised its dividend after fourth-quarter profit climbed 11 per cent and the company exceeded its full-year forecast. Net income in the three months ended December increased to ¤1.14bn ($1.6b) from ¤1.02bn in the year-earlier period, the Munich-based company said in a […]

  By Udeme Ekwere with agency report The Nigerian Stock Exchange has called for more local participation in the capital market. Bloomberg News reported that the Interim Administrator, NSE, Mr. Emmanuel Ikazoboh, made the call during a briefing on Thursday. According to him, there is the need for more Nigerians […]