Industry
RBS Executive to Step Down
Royal Bank of Scotland CEO Stephen Hester was urged by the bank's board to step down prior to the government's sale of its 81% stake.
East African bloc struggles to attract foreign investments
East African bloc struggled to draw investment from foreign units. (Photo : Reuters)The image is an African man looking over an oil extraction rig. East African Community economies struggled to draw foreign investment due to internal problems.
Dish May Face US$1.2 Billion Sprint Additional Cost
Dish Network is confronted with additional US$1.2 billion cost from taking Sprint Nextel Corp. (Photo : Reuters )Dish Network Corp. 's Chairman Charlie Ergen dismissed speculation his surprise $2.
OCI Partners LP files US$480 Million IPO
OCI Partners LP filed an IPO valued at US$480 million with the US regulators on Friday. (Photo : Reuters)The image is an industrial gas plant depot. OCI Partners LP, a strategic methanol and ammonia plant in Texas, filed an initial public offering priced at US$480 million with the US regulators.