Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place.» Read More
HONG KONG, Oct 12- Hong Kong shares are set for a slightly higher open on Friday that will lift them into positive territory for the week as hopes of more steps from China to support its domestic stock markets lure investors back into the market.
SINGAPORE, Oct 12- U.S. crude rose towards $93 a barrel on Friday, supported by escalating tensions between Turkey and Syria and supply disruptions at North Sea oil fields. climbed 25 cents to $92.32 a barrel in early Asia trading, after gaining nearly a dollar the previous session.
Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.
Oct 11- Newton Energy Corp:. *Announces extension of a farm-in agreement on two deepwater blocks in the. *Newton will have until September 30, 2012 to demonstrate to the satisfaction.
*Greece's biggest company CCH quits for Switzerland. that it was switching its primary listing from Athens to London and moving its corporate base to stable, low-tax Switzerland is a bitter blow to the debt-crippled nation.
*Cooper Tire shares jump as much as 11 pct By Sumeet Chatterjee and Sagarika Jaisinghani Oct 11- Indian tire manufacturer Apollo Tyres. Shares of Cooper Tire jumped as much as 11 percent to $20.76, valuing the company at $1.3 b illion.
ALGIERS, Algeria-- Algeria's Finance Ministry and central bank have announced the country is contributing $5 billion to the International Monetary Fund. In April, Algeria said the IMF had asked for Algeria's participation in the international lending institution. Algeria is the third largest supplier of natural gas to Europe after Russia and Norway.
NAIROBI, Oct 11- Former U.N. chief Kofi Annan said on Thursday he wants more done to stem rising violence in Kenya before a March 4 election to prevent a repetition of the bloodshed that followed the last vote five years ago.
*Aims to promote democcracy in Africa. Hollande, who heads to the Democratic Republic of Congo on Saturday for a gathering of French-speaking nations, has promised to promote democracy in Africa and break with an era of collusion between French and autocratic African leaders.
Shares in Standard Chartered Bank Ghana inch up 0.09 cedis, or 0.22 percent, to 40.63 cedis on 850 shares traded, a day after the bank said it will offer a five-to-one stock split to investors holding shares prior to Nov. 9. 0900 GMT 11 Oct12- Village Main Reef ticks higher on production--------------------------------------------------------------.
*Plans to maintain plants in Greece but most activity abroad. ATHENS, Oct 11- Greece's biggest company, Coca Cola Hellenic, is leaving the country, the drinks bottler said on Thursday as its move to Switzerland and a London listing for its shares dealt a blow to the crippled Greek economy.
*Cooper Tire shares jump as much as 11 pct. is in the process of acquiring a controlling stake in U.S.-based Cooper Tire& Rubber Co in a deal valued at between $600 million and $800 million, India's Economic Times reported. Shares of Cooper Tire jumped as much as 11 percent to $20.76, valuing the company at $1.3 b illion.
DAKAR, Senegal-- The street level of Ousmane Ndiaye's building features a fabric shop. "I could rent this place out for 250,000 francs a month, but I prefer to keep Billal and my sheep here," says Ndiaye, 60, sporting a royal blue boubou as he strokes the head of the sheep he hopes will become a reality television star.
LONDON, Oct 11- West African crude oil differentials held steady on Thursday, supported by several outstanding Asian tenders, which traders said could absorb up to four cargoes from the region. *Around 15 cargoes of Nigerian crude oil remained unsold for lifting in November, including Qua Iboe, Bonny Light, Bonga, and Forcados.
JUBA, South Sudan-- To fight a backlog of court cases in this poor and rural country, South Sudan plans to introduce mobile courts, a response to criticism that that some defendants have languished in prison for five years without trial.
JOHANNESBURG, Oct 11- Striking gold miners in South Africa have rejected the industry's latest wage offer, a trade union said on Thursday, dimming hopes that strikes that have led to dozens of deaths and paralysed the sector could end soon.
Oct 11- Fitch Ratings has affirmed Eastern and Southern African Trade and Development's Long-term Issuer Default Rating at' BB-', Short-term IDR at' B' and National Long-term Rating at' AA+'.
THE HAGUE, Oct 11- Four Nigerian villagers took Royal Dutch Shell to court on Thursday in a landmark pollution case that campaigners said could open the door to more compensation claims against international companies.
NAIROBI, Oct 11- The Kenyan shilling. The shilling was trading at 85.10/ 30 to the dollar at the 1300 GMT market close, a touch weaker than Wednesday's close of 85.05/ 25.. We've seen dollar demand from telecoms and energy guys while inflows are still low, "said Solomon Alubala, head of trading at Co-operative Bank.
JOHANNESBURG, Oct 11- South African shares rose for a second day on Thursday, as Richemont gained on an improved outlook for luxury goods and as investors piled into stocks they considered oversold following weeks of labour unrest.