Nuclear power and high speed rail will top the focus of China's plan to invest $1.5 trillion in seven key industries and shift the world's number two economy away from its role as a supplier of cheap goods, sources said.
Mexican tycoon Carlos Slim said on Monday he plans to boost his investment in Mexico this year by about 20 percent to $3.6 billion, with telecoms, mining and infrastructure taking center stage.
Shares in Rwandan brewer Bralirwa jumped 62 percent on their market debut as the country's stock exchange opened for business on Monday.
The government will delink 2G spectrum that now comes free with telecom licences and make radio airwaves pricing market-driven, the telecoms minister said on Saturday.
Lebanon's former premier Saad al-Hariri and his political allies will not join the government of his successor, Hezbollah-backed Najib Mikati, sources close to Hariri said on Thursday.
Indian telecom sector regulator Telecom Regulatory Authority of India on Tuesday said the country had 764.76 million telephone users at the end of November 2010 after telecom operators added 22.88 million mobile subscribers in the month.
A ministerial reshuffle has signalled India may give sorely-needed focus to the development of its burgeoning cities, whose erratic expansion is seen as a major brake on economic growth.
Hundreds of angry protesters burnt tyres and blocked roads across Lebanon Tuesday after a Hezbollah-backed politician was named prime minister, shifting the balance of power in the country towards Syria and Iran.
India's new sports minister on Monday sacked the chief organiser of last year's scandal-ridden Delhi Commonwealth Games, Suresh Kalmadi, as the coalition government caught in a web of corruption cases seeks to repair its public image.
The government of Greece said it will take legal action against German engineering and electronics giant Siemens AG for allegedly bribing Greek officials.
Mergers and acquisitions activity in sub-Saharan Africa surged to a record $44 billion in 2010, double the value of a year earlier, Thomson Reuters data showed on Wednesday.
Angola's much-delayed stock market will not open this year as many of the country's companies do not meet the requirements needed to participate on a bourse, the government said.
Combative telecoms partners Telenor and Altimo squared up for yet another battle on Monday, over a proposed bid by their Russian mobile phone firm Vimpelcom for Egyptian tycoon Naguib Sawiris' telecoms assets.
Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday.
Bullish earnings and dividend expectations pushed Industries Qatar (IQCD.QA) (IQ) to a 28-month high on Thursday, helping Doha's Index .QSI reach a similar milestone.
Nasdaq-listed iGate, owned by former marketing head of Infosys Phaneesh Murthy, on Monday said it has bought nearly 63 percent stake in India’s sixth biggest software exporter Patni Computer Systems for $1.22 billion in shares.
Paris-based telecoms equipment giant Alcatel-Lucent SA and three of its subsidiaries have agreed to pay a combined $92 million penalty to settle a Foreign Corrupt Practices Act (FCPA) investigation into the global sales practice of Alcatel S.A. prior to its 2006 merger with Lucent Technologies Inc.
China Tel will be putting $62 million into selling internet protocol telephony in Peru, via its subsidiary Perusat.
British retail sales rose in November for a second consecutive month as consumer spending picked up ahead of a hike in value added tax (VAT) next year.
Vodafone Essar, a subsidiary of Vodafone Group has signed a contract with Wipro, for its telecom services for enterprise business customers.
Indian Prime Minister Manmohan Singh is not guilty of inaction but was misguided by the Law Ministry and the bureaucrats and hence delayed in filing replies to the complaints of an opposition lawmaker who sought sanction to prosecute 2G spectrum scam accused Andimuthu Raja, the Attorney General of India has submitted before the Supreme Court.
A British communications company is set to launch a satellite today that will provide broadband communications to rural residents and businesses in Europe.
