By Aaron Task in Investing After a three-day slide sliced 0.9% off the Dow’s recent rally, buyers rushed back into stocks Friday as Wall Street saw its fourth straight week of gains. Stronger-than-expected reports on U.S. durable goods and German business confidence were cited for spurring the advance, as were […]

September 24, 2010 by LIAM DENNING Take two large, state-controlled companies, both of them in old industries. Each is, in some way, emblematic of their country. Both are tapping the public market.     Petroleo Brasileiro, also known as Petrobras, has just raised $67 billion in the world’s biggest equity […]

  Afribank Nigeria Plc has set aside the sum of N3billion to fund its specialized Cement and Flour Distributorship Scheme to aid the business of flour mills and cement dealers nation-wide. The scheme is designed to fund working capital needs of the dealers.     Joke Giwa, Executive Director, Corporate, […]