Sep 1

Cable & Wireless Worldwide has risen sharply Wednesday in the London Stock Exchange, on rumors of interest from U.S. rival AT & T.
The group was not immediately available for comment on this information.
At mid-day, action, Cable & Wireless gained 5.24% to 70.3 pence, after a while jumped nearly 13% in the [...]

Aug 23

Asahi Breweries and SABMiller are interested in operating in the Australian beer Foster's Group, valued over 10 billion dollars (7.9 billion euros), but no formal offer has yet been made, it was Monday learned from sources close to the matter.
The Sunday Times reported Sunday that SABMiller, the second brewer in the world, was [...]

Aug 5

Rio Tinto has committed to increase its investment to sustain growth after reporting earlier in the day a record net profit in the first half, thanks to buoyant sales of iron ore in China.
The second largest producer of iron ore, a key component in steelmaking, will increase its investments by 50% in 2011, [...]

Jul 19

Delta Air Lines, world's largest airline, announced Monday it had returned to profit in the second quarter, thanks to the resumption of international air traffic.
The group sees growth in its turnover due to economic recovery, after two difficult years for the airline industry faces a sharp decline in demand.
The company's net [...]