adminChina manufacturing sees mixed data
Rival surveys of China’s manufacturing sector offered mixed signals about the world’s second-largest economy, with a private measure sinking to an 11-month low while the government’s indicator showed surprising strength.
Weak yen, smartphone sales boost Sony earnings
Sony has reported a jump in profits for the April-to-June quarter, boosted by a weak yen and surge in smartphone sales. It made a net profit of 3,5bn yen ($35m…
Greece likely to need more relief, says IMF
WASHINGTON — Greece will probably need more money and debt relief from European countries in order to meet the objectives of its bail-out programme, according to a report by the…
Nigeria theft blots Shell profits
London — Rising costs and a surge in oil thefts in Nigeria, among other factors, hit Royal Dutch Shell’s second quarter profits, a result that outgoing chief executive Peter Voser…
Iran sanctions bill to slash oil exports
Washington — The House of Representatives easily passed a bill on Wednesday to tighten sanctions on Iran, showing a strong message to Tehran over its disputed nuclear programme days before…
Mauritius airport on high alert after discovery of H1N1 flu case
PORT LOUIS. — Mauritius on Friday put its international airport on high alert after this week’s confirmation of the first case of H1N1 flu. Unconfirmed reports indicated that two other…
Firm to launch on-line marketing platform
Harare Bureau ESAJA Continental Services, a local technology startup company, will on Thursday next week launch its on-line Zimbabwe country channel in a bid to enhance market place interaction for…
AU resolves to use dialogue to end conflicts
NAIROBI — African leaders ended the two-day special International Conference on the Great Lakes (ICGLR) region with a raft of measures aimed at ending ongoing conflicts in the region.
Syria’s Assad ‘sure of victory’ in fight against rebels
Syrian President Bashar al-Assad told his troops yesterday that he was “sure of victory” after they inflicted two defeats in as many months on rebels fighting to overthrow him.
Murdoch’s Sun newspaper goes behind paywall
Britain’s top-selling newspaper The Sun, which is owned by Rupert Murdoch, yesterday began charging readers for access to its website. Known for its celebrity scoops and topless “page three” models,…