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Dec. 15 (Bloomberg) -- Nigeria’s inflation rate rose in November for the second consecutive month, reaching 12.4 percent on higher transportation costs, damping hopes for an interest rate cut any time soon.
The devices will snag 37 percent of the overall handset market by 2014, up from 16 percent in 2009, predicts Pyramid Research.
JAD MOUAWAD and CLIFFORD KRAUSS The acquisition of XTO by Exxon is a bet on natural gas, a fossil fuel with reserves that are expanding in hard-to-reach areas.
Dec. 15 (Bloomberg) -- Standard Bank Group Ltd. , Africa’s largest lender, says it’s looking at Nigeria for possible acquisition opportunities as a banking crisis in the West African country slashes valuations.
Dec. 15 (Bloomberg) -- Old Mutual Plc , the biggest insurer in Africa, is seeking to expand in English-speaking West African countries including Nigeria.
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Malaria cases appear to have been slashed by half in more than a third of countries battling the disease following a renewed push by the United Nations to eradicate it, the World Health Organization said Tuesday.
Dec. 15 (Bloomberg) -- A senior soccer official says countries bidding to host the World Cup must show they will support the sport’s development to have a chance of being awarded the 2018 or 2022 events.
Dec. 15 (Bloomberg) -- Global liquefied natural gas producers may boost capacity utilization next year as the world economy recovers and new production lines iron out kinks, a consultant said.
Dec. 15 (Bloomberg) -- The following events and economy reports may influence trading in sub-Saharan African bonds and currencies today. Bond yields and exchange rates are from the previous session.
The Rev. Efiri Matthias Selemobri, who speaks four languages, wanted to work on his Spanish.
Dec. 14 (Bloomberg) -- United Nations climate talks resumed in Copenhagen after envoys from developing countries walked out to protest what African states called an attempt to kill the Kyoto Protocol.
Dec. 14 (Bloomberg) -- United Nations climate talks resumed in Copenhagen after envoys from developing countries walked out to protest what African states called an attempt to kill the Kyoto Protocol.
On Friday, November 20, the USDA released the November Cattle on Feed report. The report is actually a little friendly with placements nearly 2% below average trade guess and on feed supplies slightly below the trade guess.
CORN - November was a bullish month as prices rallied 31 1/4 cents in November. The November USDA supply/demand report estimated the corn crop at 12.921 billion bushels, the second largest crop in history, however this was down from the October estimate.
The December report rarely provides much in terms of fireworks and the report that was released on December 10 did not prove to be much different.
Open slideshowAFP/File
Open slideshowAFP/File
Open slideshowAFP/File
Open slideshowAFP/File
