April 23, 2012
Vodafone agrees £1bn takeover of C&W Worldwide
UK mobile phone giant Vodafone has agreed to buy telecoms group Cable & Wireless Worldwide (C&WW) in a deal valuing the firm at just over £1bn. Vodafone was left as C&WW's only suitor after India's Tata Communications ended its interest in the firm…
April 23, 2012
European shares fall as anxiety returns
Stock markets have fallen after weak manufacturing data and political uncertainty in France and the Netherlands hit investor confidence. France's Cac 40 and Germany's Dax indexes were down about 2.5%, while the UK's FTSE 100 was about 1.5% lower. On…
April 23, 2012
Nestle to buy Pfizer Nutrition for $11.85bn
Food giant Nestle has announced a deal to buy children's food maker Pfizer Nutrition for $11.85bn (£7.35bn). The world's biggest food group, based in Switzerland, said its new acquisition was a "perfect complement" to its existing infant food…
April 23, 2012
Dutch PM Mark Rutte ‘to deliver resignation’
Dutch Prime Minister Mark Rutte will submit his government's resignation to Queen Beatrix today, reports say, paving the way for early elections. The government was plunged into crisis when Geert Wilders' Freedom Party pulled out of talks aimed at…
April 23, 2012
Eurozone deficits fall as austerity bites
Eurozone governments managed to cut sharply their budget deficits last year, but overall debt levels continued to rise, official figures have shown. The deficit to GDP ratio for the bloc as a whole fell to 4.1% from 6.2% in 2010, Eurostat said. The…
April 23, 2012
US Warns of Terrorist Attacks in Kenya
The U.S. embassy in Kenya is warning of possible terrorist attacks in the capital, Nairobi, and is telling Americans in the city to stay alert. The embassy issued a message Monday saying it has credible information about a possible attack on Nairobi…
April 23, 2012
Burmese Democracy Party Skips Parliament Opening
Burma's parliament reopened Monday with newly elected democracy leader Aung San Suu Kyi and 42 others in her National League for Democracy party refusing to take their seats in a dispute over the oath of office. Also Monday, the European Union…
April 23, 2012
US Hosting Increasing Numbers of Chinese Tourists
An increasing number of Chinese tourists are visiting the United States, pleasing many American businesses in tough economic times. The number of U.S. tourist visas issued to Chinese has risen dramatically, from 203,000 travelers in 2004 to the…
April 23, 2012
Malawi to Bury Late President
Malawi is set to bury late president Bingu wa Mutharika, who died of a heart attack earlier this month. Several African presidents are in Malawi for Monday's funeral in Mr. Mutharika's home district, including the leaders of Kenya, Tanzania, Namibia…
April 23, 2012
GOVERNOR ATTENDS FCO LEADERSHIP CONFERENCE IN LONDON
His Excellency Governor Ric Todd is attending the Foreign & Commonwealth Office’s annual leadership conference in London from Mon, 30 Apr until Friday, 4 May 2012. During his absence, from 23 April, Chief Executive Officer of the TCI Government,…