Basic Materials

Cocoa Prices Push Near Record Levels As Global Shortage Continues to Impact Market

Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana.


Home Depot to Open 4 New Distribution Centers for Home Professionals

Home Depot unveiled on Thursday its plan to open four new distribution centers explicitly designed for the needs of remodelers, contractors, and other home professionals...

Tech Envy on Business Sector

A poll of tech worker habits by software firm Nintex revealed that public and private sector employees are hungry for automation, and rely on mobile apps and the cloud to get work done...

Outlining Strategies

The NEC had alrady laid an outline strategy regarding on how to boost kery service sectors...


Latest News

Regulator approves new Palm Hills share issue
Palm Hills, the Egyptian developer wracked with intrigue and controversy from the Mubarak regime, had obtained approval from regulators as to its new share issue.
Indofood to make bid for Minzhong
Indofood Sukses Makmur Tbk PT has been considering a hostile takeover of Singapore-listed China Minzhong Food Corp Ltd after a short-seller attack decreased the Chinese food producer's market value.
Property expert calls out possible property market bubble burst in Dubai
propertyfinder.ae CEO and founder said that another property price bubble is in the making in Dubai.
Vaultize opens new office in Mumbai
Vaultize's expansion into the Mumbai area is a step towards achieving its regional and domestic plans.
Wesfarmers secures AUD 304 million through sale and leaseback of assets
Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.
Appeals court rules in favor of National Credit Union Administration for MBS claims
The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Housing market recovery boosts Home Depot's sales
A recovery in the US housing market lifted the sales and earnings of Home Depot.
Removing Fannie and Freddie from the mortage market is a challenge: analysis
Bethany McLean of Reuters wrote that it would be a challenge to remove government sponsored enterprises from the US mortgage market.
American Homes 4 Rent to fire employees after loss
American Homes 4 Rent (AMH) announced yesterday that it had fired a group of workers after financial losses were reported in the second quarter of the fiscal year.
US resale home levels increase in July
Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
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