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Nasdaq, ICE make $11.3B bid for NYSE Euronext

Nasdaq, ICE team up to make $11.3 billion counterbid for NYSE, in challenge to German exchange NEW YORK (AP) — Nasdaq is teaming up with IntercontinentalExchange to make an $11.3 billion counteroffer for the parent of the New York Stock Exchange. The joint bid is a challenge to Deutsche Boerse, […]

Dangote plans listing on London Stock Exchange

Dangote Group says plans are underway for the listing of it’s cement company on the London Stock Exchange (LSE) by December Dangote cement hit 12.3bn dollars market value in mid-March, making it the largest company in the West African sub-region. Mr. Joseph Makoju, Special Adviser to the President of the […]

Oil climbs to highest since 2008 on Libya conflict

Oil rises above $106 a barrel as pro-Gadhafi forces push back rebels NEW YORK (AP) — The price of oil rose to a 30-month high on Thursday as fighters loyal to Moammar Gadhafi pushed back rebels from key areas in eastern Libya. Benchmark West Texas Intermediate crude rose $2 to […]