Royal Dutch Shell (RDSa.L) warned on Friday that its fourth-quarter figures are expected to be significantly lower than recent levels of profitability because of oil and gas prices and problems with its refining business. The sharp cut in forecasts for earnings on a current cost of supplies basis (CCS), excluding […]
Business News
Sub-Saharan Africa M&A deals, debt issuance surge in 2013
* M&A deals jump by a third to $30.3 bln * Most are in energy, materials sector * Mozambique most-targeted country for M&A * Sub-Saharan debt issuance at record high The value of merger and acquisition deals targeting sub-Saharan African firms jumped by almost a third last year to $30.3 […]
Yahoo COO de Castro departs; no reason given
Yahoo Inc chief operating officer Henrique de Castro, the high-profile recruit Chief Executive Officer Marissa Mayer poached from Google Inc shortly after she took the helm, will leave on Thursday after about a year on the job. Yahoo did not give a reason for his departure in a Wednesday filing, […]
