Zimbabwe's ruling Zanu-PF party should be reformed, opposition leader Morgan Tsvangirai said on Friday in a speech that may open the door to a national unity government.
South Africa's finance minister defends macroeconomic policies, in particular the budget surplus, in the face of calls from the left for a new approach
Latency risk, or the avoidance thereof, is a game played by virtually every market participant. It's common knowledge on Wall Street that falling behind the speed leaders can cost a broker a fortune in commissions, and the slower a firm
Hertfordshire, U.K. - Thunderhead introduced Insurance Correspondence, a communications solution that combines the vendor's Thunderhead NOW document-generation platform with IBM's (Armonk, N.Y.) enterprise content management and business process management software, DB2 data server, and Lotus Forms software. The joint solution
The IBM Thomas J Watson Research Center, the headquarters for IBM Research, has expressed its desire to create an R&D centre in West Bengal, according to Dr Debesh Das, the information technology minister.
Last week, some bullish action was seen in the tech stocks due to the weakening of the rupee against the dollar. Activity was bullish in pharma stocks and some defensive FMCG stocks
Market timing - trying to jump into or out of the stock market just before rallies and declines - is notoriously difficult. Most investors would probably be better off sticking with a buy-and-hold strategy.
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Mostly lower in NY trading Friday, the dollar, however, retained its weekly gains as investors concluded that further Fed interest-rate cuts are less likely as inflationary expectations are rising and US economic data were not worse than expected. The euro
April personal income and personal spending were up 0.2%. Also, personal consumption expenditures were up 3.2% y/y at the headline level, 0.1% m/m at the core level, and 2.1% y/y at the core level. The Federal Reserve's perceived upper comfort
PR-inside.com) ALGIERS, Algeria (AP) - The current OPEC president blames the weak U.S. dollar, speculation and the sub-prime crisis for the spiraling price of oil. Algerian Energy Minister Chakib Khelil says the cartel will make no new decision on production