Corporations
Zimbabwe's public investment firm eyes lisitng
ZMDC is considering getting listed at the Zimbabwe Stock Exchange, said the mines minister. (Photo : Reuters)These are flags of Zimbabwe. The government of Zimbabwe is considering listing its state controlled interest mining vehicle Zimbabwe Mining Development Corporation on the Zimbabwe Stock Exchange.
Diageo Secures Position in India through Control over United Spirits
Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
Transpetrol Backs Out Of Joint Venture
Stolt-Nielsen Limited announced the withdrawal of Transpetrol from joint venture (Photo : Reuters)Stolt-Nielsen Limited announced Transpetrol's withdrawal from joint venture Stolt-Nielsen Limited made the announcement that Transpetrol Gas Holdings Limited (Transpetrol) opted to buy back gas carriers that they sold to Avance Gas Holding Ltd (AGHL).
UPDATE: EBX Group collapses after Batista's exit
EBX Group's shares were considered worthless as the company officially breaks up today. (Photo : Reuters)This is Eike Batista. The exit of Brazilian billionaire Eike Batistsa from MPX Energia officially started the collapse of his former industrial conglomerate giant EBX Group.