Business News

Volkswagen is to invest some $7 billion in North America over the next five years

Shares in Egyptian gold producer Centamin plc have risen on the news that the company beat its 2013 guidance by twelve percent

Mozambique’s ports and railways company Portos e Caminhos de Ferro de Moçambique (CFM) is investing heavily to ensure that by mid-2014 it has enough equipment to provide quality maintenance along the 575 kilometre long Sena Line linking Beira to Moatize in Tete province

Krishnapatnam Port Container Terminal (KPCT), a world-class container terminal operated by Krishnapatnam Port, has set a new benchmark in operational efficiency

Fiat is to purchase the remaining 41 percent of Chrysler that it does not own, thus creating the world’s seventh-largest car company

Peru’s Congress has approved a law that will allow the government to sell up to a 49 percent stake in the country's state oil firm Petroperu

Following a difficult year for renewables and clean energy in 2013, some analysts are optimistic on the investment potential for 2014, driven by efficiency and growing commercialisation of green technology

The haemorrhage of expatriates from Africa's newest nation bodes ill for its development potential as one Indian company suspends operations

Glencore Xstrata has paid $430 million in cash to increase its indirect interest in the Democratic Republic of the Congo (DRC) copper miner Mutanda Mining

Social networking giant Facebook has made the start-up firm SportStream its latest acquisition

A report by the Australian Workforce and Productivity Agency (AWPA) concludes that, while Australia’s mining boom may be over, the industry still plenty of growth potential

Intel has announced a unique sponsorship deal with one of the world’s most recognisable football teams, FC Barcelona

Mexico’s Senate has approved a landmark measure that represents the biggest change to the country’s oil and gas industry for 75 years

Perth-based transport firm Stagecoach has said that there is significant potential for the business to expand in the US

Jaguar Land Rover (JLR), the luxury car unit of India’s Tata Motors, is to build a car plant in Brazil capable of producing some 24,000 vehicles a year

The business community throughout the world joins in tribute to a transforming leader

A joint venture has been agreed between China’s second-largest car market, Dongfeng Motor Group and French car manufacturer, Renault

Scottish oil and gas services giant, Global Energy Group (GEG), has eased itself into the mining industry by purchasing the Australian arm of Cunningham Construction

Apple has made its second acquisition in as many weeks, purchasing social media data analytics firm, Topsy Labs

Fireworks and cheers greeted the news that Dubai will host the World Expo trade convention in 2020

A merger between US Airways and American Airlines has been given the go ahead, creating the world’s biggest airline

Country Bird Holdings (CBH) is a fully integrated poultry company with breeder facilities, hatcheries, broiler sites and processing plants and feed mills: a leading brand in South Africa, its sights are set on growing markets across the continent

The value of a single Bitcoin has broken the $1,000 mark for the first time

Apple has confirmed its acquisition of a motion sensor technology pioneer founded in Israel in 2005