The prospect of stronger European manufacturing surveys and decisive monetary easing in Japan this week ought to bolster confidence that the global economy can look forward to better days. It is definitely not yet time to break open the champagne. The index derived from polls of purchasing managers across the […]
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Saudi’s Mohammad Al Mojil to sue for over $100 million
Financially troubled Saudi Arabian construction company Mohammad Al Mojil Group (MMG) <1310.SE> plans to start legal action to collect dues and claims worth more than 400 million riyals ($107 million), it said on Sunday. The company said it would take legal action against the Saudi unit of Britain’s Petrofac (PFC.L), […]
Nigeria’s Exchange All-Share Index appreciates by 5.91% for the Week
By Our Correspondent Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) appreciated by 5.91 percent (5.91%) to close at 30,927.18 about 552 Basis Point (PBS) for the week ended January 18 2013. All the sectorial indices appreciated: the Bloomberg NSE 30, Bloomberg NSE Consumer Goods, Bloomberg NSE Banking, Bloomberg NSE […]
