IBT Staff Reporter

79441-79470 (out of 154954)

M&R falls to H1 loss, to sell assets

South African building firm Murray & Roberts fell to a half-year loss on Wednesday and said it will sell some assets in the Middle East and Australia, as it fights to ride out an industry-wide slump.

Libyan oil output down by as much as a quarter

As much as a quarter of OPEC member Libya's oil output has been shut down, Reuters calculations showed on Wednesday, as unrest prompted oil firms to warn of production cuts in Africa's third-largest producer.

Nigeria's parliament begins oil reform debate

Nigeria's parliament has begun a detailed debate of the latest version of long-delayed reforms to Africa's biggest energy industry, just two months ahead of elections, the head of the state oil company said on Wednesday.

World govts send planes, ships for Libya evacuation

Governments around the world scrambled on Wednesday to send planes and ships to evacuate their citizens from turmoil in Libya, whose leader Muammar Gaddafi has vowed to crush a revolt against his 41-year rule.

Italy says 1,000 killed in Libya

Muammar Gaddafi's attempts to crush a revolt against his four-decade rule have killed as many as 1,000 people and split Libya, Italy's Foreign Minister said on Wednesday.

GMAC scores victory in court over Maine homeowners

A federal court is on the verge of throwing out a lawsuit filed by Maine homeowners facing foreclosure action against Ally Financial Inc.'s GMAC mortgage unit, which has been accused of wrongful foreclosure practices.

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