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

Jordan Co. sells chemical services company Haas Group for up to $700M
American private equity firm Jordan Company has put up for sale its chemical management business Haas Group International. Sources estimated that the deal could be valued in between USD500 million to
Vale looking to exit stakes in fertilizer and coal business, steel plant
Vale SA, the world's largest iron-ore producer is considering to sell its holdings in its coal and fertilizer divisions. The Brazilian mining giant is also looking to sell its stake in a steel-slab pl
Billionaire Glasenberg, Glencore to invest more in thermal coal as rivals stall
Glencore Xtrata PLC, led by its chief executive officer Ivan Glasenberg, will be committing more capital in thermal coal than rivals BHP Billiton Ltd., Rio Tinto Group and Anglo American PLC.
BENTLEY CAPITAL EXTENDED ON-MARKET TAKEOVER OFFER FOR MARATHON RESOURCES
Bentley Capital Ltd extended the period of its unconditional on-market takeover offer for all issued ordinary shares of Marathon Resources.
Top deals of the day - bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported on tuesday including Adcock Ingram, Energa, Nordea Bank, Alitalia, Ben Venue, TIM Participacoes, Douglas, Mercator, Novartis, Onco
Kolar Gold expects details of historic Indian mine sale this year
London-listed Kolar Gold expects the Indian government to finalise details for the tender to run the historic Kolar mine before the end of 2013, it said on Monday, paving the way for what it hopes is
Hochschild to issue $350M in bonds to fund expansion in Peru, Chile
London-listed Hochschild Mining Plc plans a USD350 million bond issue to finance its expansion projects in Peru and Chile. It intends to invest USD372 million in a silver mine project in Peru and USD1
Canadian mining firm Trevali completes USD46-million financing
Canada-based base metals mining firm Trevali Mining Corp announced the closing of a USD46-million financing through the offering of 55.4 million of its shares priced at USD0.83 apiece.
Australia's Bis Industries defers planned IPO
Bis Industries on Wednesday announced that it has scrapped its planned initial public offering. The KKR-backed Australian logistics company had been looking to raise AUD500 million (USD456 million) in
Teck, Newmont, Blackstone, Magris consortium new contender for Las Bambas in Peru
Teck Resources, Newmont Mining, Magris Resources and private equity firm Blackstone Group are reportedly bidding for Glencore Xtrata's Las Bambas copper mine in Peru. Las Bambas' estimated end-2014 va
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