Renault to roll out new fleet 2006-02-09 11:34:01
Renault Chief Executive Carlos Ghosn says the group's three-year strategic plan includes the launch of 26 new models between now and 2009.
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 Renault to export cars under a new guise
Renault profits revved up by Nissan
Renault head parks his position
Renault profits shoot up 43%
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Unilever to sell European frozen food units 2006-02-09 11:30:01
The world's biggest manufacturer of ice cream and soap says it is now harder to make a profit and because of this the group will sell off the European units.
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Unilever outsources financial services to IBM
Diet product eats into Unilever's profit
Unilever treads water
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News Corp rakes in $1bn 2006-02-09 09:32:01
The media giant's quarterly profits have tripled to over $1 billion, beating forecasts by Wall Street pundits.
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News Corp seeks another online partnership
'News Corp share price is rotten'
News Corp swings to loss on accounting change
News Corp takes on the Internet
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Energy concerns top G8 agenda 2006-02-09 09:27:01
The fragile fate of the world's energy supply and distribution chain is likely to take centre stage at an upcoming meeting of G8 finance ministers.
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African states hail G8 debt plans
'G8 running in slow motion'
G8 finance chiefs strike historic deal to scrap poor nations' debt
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Africa vows to resist after GM ruling 2006-02-09 06:00:01
The US may push Africa to accept genetically modified (GM) food now that the World Trade Organisation (WTO) has ruled the EU broke rules by barring GM foods and seeds, however, Africans vowed yesterday to resist.
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Africa the frontier of opportunity for China's burgeoning economy 2006-02-09 06:00:01
When Chinese companies flooded the Nigerian market with cheaper versions of the generators Rex Nwankwu imports from Italy, his business was imperiled.
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Cisco stock rises after optimistic forecast 2006-02-09 06:00:01
Shares of Cisco Systems, the world's largest maker of networking equipment, rose after chief executive John Chambers gave an unexpectedly optimistic third-quarter forecast.
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PSA Peugeot Citroen on attack after profits plunge 2006-02-08 23:01:01
French automaker PSA Peugeot Citroen posted a 37.5% fall in 2005 net profit but said a "marketing offensive" this year should help boost sluggish sales in western Europe.
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UK monitors Australia's oil-for-food probe of BHP Billiton 2006-02-09 06:00:01
UK prosecutors are monitoring an Australian probe into BHP Billiton, the world's biggest mining company, to decide whether to start their own criminal investigation.
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Accused former Enron chiefs seen as cheerleaders 2006-02-09 06:00:01
For about 30 minutes, jurors in the fraud and conspiracy case against former Enron chiefs Kenneth Lay and Jeffrey Skilling saw the once corporate celebrities as the energy giant's top cheerleaders rather than criminal defendants.
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EU commission seeks new rules on mobile phone charges 2006-02-08 23:01:01
The European Commission wants new rules to stop mobile phone firms charging travellers a higher price for making calls abroad, European Union Telecoms Commissioner Vivane Reding has announced.
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China to quit cigarette habit 2006-02-08 15:50:01
China, in an effort to curb smoking in the world's largest tobacco market, will not allow any more cigarette factories to be built in the country.
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China stubs out foreign investment in tobacco market
China to snuff out tobacco advertising
China rolls itself a bigger one
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Peugeot Citroen profits go downhill 2006-02-08 15:50:01
The French car maker has been dented by high raw material costs and weak demand in Europe, which drove profit down by just over 37 percent.
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Peugeot Citroen sales driven by China, South America
Peugeot Citroen and Toyota link up to produce three cars
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Bluescope profit warning hits shares hard 2006-02-08 15:50:01
Shares in Australia's largest steelmaker have plunged after the company issued its second profit warning in six months.
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Australian steel firm joins up with India's Tata
Bluescope Steel forges ahead
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Oil prices fall through key level 2006-02-08 15:50:01
Oil prices fell through a key support level on Wednesday as geopolitical concerns faded, prompting forecasts of $60 per barrel as the next target.
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Oil rockets as Iran takes hard line
Oil prices higher on Iran tension
Oil continues climb after brief dip
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Mittal's bid for Arcelor set for review 2006-02-08 13:32:01
Mittal Steel has its hostile takeover bid for Arcelor with regulators in Luxembourg, who will now review the deal and approve or reject it within a week.
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Luxembourg law may protect Arcelor
Mittal's family business puts a crimp in Arcelor bid
EU antitrust chief to meet Mittal today
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Zimbabwe official questioned about wheat trades 2006-02-08 11:30:01
One of Zimbabwe's new ruling party senators is under investigation on suspicion of diverting scarce wheat to the lucrative grey market.
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Zimbabwe's mealie-meal shortage under spotlight
Zimbabwe's food crisis becomes a family affair
Zimbabwe's potato farms pillaged
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Toyota expands in Canada to meet demand 2006-02-08 09:43:01
Toyota says it will expand its labour force and investment in Canada to meet demand in North America, while its US rivals remain mired in financial crisis.
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Hybrids help Toyota soar
Toyota to accelerate exports to US
Toyota trumps rivals with record performance
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New Zealand's vehicle import policy backfires 2006-02-08 09:35:01
New Zealand's policy of allowing imports of second-hand vehicles from Japan is turning the country into a dumping ground for useless cars, an industry group says.
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New Zealand is the easiest country to do business in
New Zealand gaurds the once-pokey hoki
New Zealand overflowing with wine
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Italy holds out on national carrier 2006-02-08 09:30:01
The Italian government will no longer bail out ailing airline Alitalia, the country's Labour Minister Roberto Maroni says.
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Alitalia hits turbulence as auditor refuses to certify its results
Italian labour minister backs airline union
Alitalia signs off on restructuring plan
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Libya seeks partners to run 300 small oilfields 2006-02-08 06:00:01
Libya, the holder of Africa's largest oil reserves, is preparing to hire foreign firms to develop more than 300 untapped fields after an increase in energy prices made it an economically viable way of raising output.
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Opec output plummets in January 2006-02-08 06:00:01
Opec oil output in January fell to its lowest level since last February as maintenance cut production from the United Arab Emirates (UAE) and militant attacks hit Nigerian exports, a survey showed.
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Walt Disney sells ABC Radio to Citadel for $2.7bn 2006-02-08 06:00:01
The Walt Disney Company will sell its 22 ABC Radio stations and network to Citadel Broadcasting in a deal valued at $2.7 billion (R16.5 billion).
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Saudi minister slams calls for oil cutbacks 2006-02-08 06:00:01
Energy consuming nations that planned to cut back on oil use in favour of alternative fuels would make it hard for oil producers to justify the investments needed to assure adequate supplies, Saudi Arabian oil minister Ali al- Naimi said yesterday.
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Coca-Cola profit dips 28% on lower sales 2006-02-08 06:00:01
Coca-Cola's fourth-quarter profit fell 28 percent on a decline in US soda sales and higher tax costs. Net income dropped to $864 million (R5.2 billion) from $1.2 billion a year earlier, the world's largest beverage company said yesterday. Sales rose 6.7 percent to $5.6 billion.
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GM halves its dividend and slashes bosses' pay 2006-02-08 06:00:01
General Motors (GM) yesterday halved its dividend, the first cut in more than 13 years, and slashed executive pay as it struggles to save money after a year of billions of dollars in losses.
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Enron trial takes its toll on key witness 2006-02-08 06:00:01
A key prosecution witness testifying against his former bosses at Enron broke down in tears on Monday after a defence lawyer accused him of lying to protect himself, and questioned him about his children.
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Danish businesses hurt as boycott takes toll 2006-02-08 06:00:01
The boycott of Danish goods called by Islamic countries to protest against the publication of Prophet Muhammad caricatures was costing Danish businesses millions of kroner a day, analysts and companies have said.
[Full Story....]
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