Larry Seruma, CIO at Nile Capital Management, discusses whether the political stability that eventually came with Mandela's tenure, can endure with his passing.» Read More
NUSA DUA, Indonesia, Dec 6- Ministers from nearly 160 member countries of the World Trade Organisation entered a final day of negotiations on Friday with officials sounding optimistic over chances of salvaging a deal that would save the WTO from sliding into irrelevance.
Nelson Mandela not only overcame personal suffering, racism and oppression, he triumphed over them to become a titan of the 20th century. Click ahead to see images from his life.
LONDON, Dec 5- Consumer products giant Unilever Plc aims to cut the number of individual products it sells by 30 percent by the end of 2014 to become more efficient and navigate a global economic slowdown it admits it was slow to confront.
Dec 5- Twitter Inc is tying up with a Singapore- based startup to make its 140- character messaging service available to users in emerging markets who have entry-level mobile phones which cannot access the Internet.
LONDON, Dec 5- From intelligent drills to analysing gum tree leaves, an unprecedented push to develop new methods and technologies promises to transform the way miners explore for deposits, allowing them to dig deeper, faster and more cheaply.
*South Sudan among world's toughest business environments. JUBA/ NAIROBI, Dec 5- Kenya Commercial Bank started small in Africa's newest nation, South Sudan- very small. That was in 2005. KCB now has 21 branches in South Sudan generating 9 percent of the group's 15.2 billion Kenyan shillings in pretax profit for the first nine months of 2013..
UNITED NATIONS-- Britain is urging the U.N. Security Council to adopt a resolution calling on all countries not to pay ransom to kidnappers who use the money to finance terrorist groups.
By Joe Brock and Tim Cocks. ABUJA/ LAGOS, Dec 5- Nigeria's drive to clean up a gasoline subsidy scheme that soaks up a fifth of federal spending is mired in confusion, with the government, anti-graft investigators and fuel importers at odds over attempts to root out massive fraud.
DETROIT, Dec 5- Nearly 50 years after launching its affordable sports car, Ford Motor Co is unveiling a global redesign of the Mustang to try to burnish the U.S. automaker's image and spur sales of its more expensive models. The car will be shown in Dearborn, Michigan, Shanghai, Sydney, Barcelona, New York and Los Angeles.
*India gains supporters for its stance on food subsidies. A Bali trade deal, already diluted to the "low-hanging fruit" of the moribund Doha round of talks, largely hinges on India and whether the world's second most populous country can find common ground with the United States and other developed countries on food subsidies.
A Bali trade deal, already diluted to the "low-hanging fruit" of the moribund Doha round of talks, largely hinges on India and whether the world's second most populous country can find common ground with the United States and other developed countries on food subsidies.
Dec 4- Barrick Gold Corp, under fire for missteps in a tough market, started to address investor demands for a more independent board on Wednesday, by replacing two directors close to its departing founder with a pair of mining industry experts.
Dec 4- Barrick Gold Corp, under fire for a series of missteps in a tough market, confirmed on Wednesday that its 86- year-old chairman and founder will leave the board this spring, along with two other directors.
*Exports, US freeze lift Paris wheat to near 7- month high. CHICAGO, Dec 4- U.S. soybean futures were higher on Wednesday, reversing two days of declines, on technical buying despite prospects for a huge soy harvest in South America. Chicago Board of Trade January soybeans were up 9-3/ 4 cents per bushel at $13.29-1/ 2, while December wheat was down 6-1/ 2 at $6.47-1/ 4.
NEW YORK-- General Motors' shares climbed Wednesday, reaching their highest point since re-entering the public markets more than two years ago, as a hedge fund sees the automaker's stock price rising at least 40 percent over the next 12 to 18 months.
*Exports, US freeze buoy wheat, Paris futures at 7- mth high. CHICAGO, Dec 4- U.S. soybean futures climbed 1 percent on Wednesday reversing two days of declines on technical buying and despite prospects for a huge soy output in South America.
PARIS, Dec 4- As it struggles to rein in losses, PSA Peugeot Citroën is cutting back sharply on investment. Research and development is due to fall to well below 3 billion euros in 2013- less than one-fifth of rival Volkswagen's budget.
PARIS, Dec 4- The rush to Paris's Charles-de-Gaulle airport for flights to China began on Friday, Oct. 11. "There's a big exodus to China right now," a bemused trade unionist at the Paris- based company told Reuters that weekend. It has survived two world wars and become an emblem of France.
LONDON, Dec 4- Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations.
LONDON, Dec 4- Asia- focused bank Standard Chartered warned that profit is likely to fall this year after a slowdown in Asian growth over the past five months. Standard Chartered shares were down 4.5 percent at 0837 GMT, the biggest faller on the pan-European FTSEurofirst 300 index.