ArcelorMittal, the world's top steel maker, is on track to produce between 1.2 million and 1.3 million tonnes of iron ore from its Liberia mine in 2011, exceeding a 1-million-tonne target, and does not expect a decline in prices to impact the project's planned expansion, the company said on Thursday.
Bollore plans to invest 18 billion CFA francs in Abidjan port by 2013 to make it the region's key sea hub, the French logistics and transport group's Africa chief said.
Agricole’s problems may just be starting.
Gold fell on Thursday, on track for its biggest one-day loss in two weeks, as fearsabout political turmoil in Italy and a deepening euro zone debt crisis prompted investors to raise cash by liquidating somepositions in the bullion market.
Stocks edged up on Thursday, rebounding from Wednesday's steep losses, but trading was choppy as nervous investors reacted to headlines painting a mixed picture of Europe's debt crisis.
AMC Networks reported Thursday $40 million in net income for the third quarter, a 58 percent increase from the year earlier period, based on the success of the success of original programming.
Gold has confounded market watchers by refusing to behave like a safe-haven and instead has tracked equities over the past few weeks, but the escalating European debt crisis could see bullion ditch its risk-asset mantle and return to record highs.
Investors stuck with gold exchange-traded products (ETPs) in October, but most other commodities ETPs saw outflows as investors remained cautious about the outlook for economic growth.
Viacom reported $576 million in fourth quarter earnings Thursday, more than 300 percent over last year's $189 million, driven by solid performances in both the box office and television segments.
Stocks rebounded on Thursday, a day after the S&P 500 suffered its worst day since mid-August as Italian bond yields eased.
German travel group TUI AG is going where the world's biggest financial firms have yet to venture.
Two tiny Walmart.com stores are making Southern California malls their home for the holidays, launching the latest salvo in the war for online retail dominance.
Gold prices recouped big early losses Thursday to start Comex floor trading about one percent down as the U.S. dollar fell against the euro on hopes a new Italian and Greek governments may pave the way for Europe to avert a recession.
China's imports surged in October as exports grew at their slowest rate in months, suggesting efforts to tilt the economy toward domestic demand may be offsetting the external weakness that has dragged on economic growth this year.
UBS is shutting its asset-backed securities business in the United States, Swiss newspaper HandelsZeitung reported on Thursday without citing sources.
The head of India operations at UBS AG, Manisha Girotra, has resigned, according to an internal memo.
The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, another blow to the Japanese camera-maker's chances of survival.
Former MF Global customers like Koch Industries, who pulled billions of dollars out of the stricken broker's accounts weeks or months before its collapse, have counted their blessings in recent days.
Japan's scandal-hit Olympus Corp is likely to miss a Monday deadline for reporting its first-half earnings, sources with knowledge of the matter said, a failure that would bring the 92-year-old firm a step closer to delisting.
China's exports in October rose at their weakest pace in eight months, underlining official concern about the sector that has dragged on economic growth this year while imports jumped much more than expected.
Alabama's Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in U.S. history.