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FOREX-Euro edges up after hitting nearly 2-year low - Reuters
24 May 2012, 10:50 am
Gains in the euro versus the Swiss franc also helped the euro against the dollar, traders said. The euro earlier jumped to 1.2075 francs, its highest since late March on speculation the Swiss government is going to impose tax on deposits ...
Libya's Tamoil pledges cash to save Swiss refinery - Reuters UK
24 May 2012, 6:47 am
GENEVA May 24 (Reuters) - Libyan-owned Tamoil's Swiss branch said it will spend "tens of millions" of Swiss francs on its Collombey refinery after cantonal authorities issued an ultimatum on a clean-up of the plant and threatened to force it to ...
Rwanda: Local Budget to Rise to 1378 Billion in 2013 - AllAfrica.com
24 May 2012, 5:28 am
There is an increase of over 184.2 billion Rfw. The budget plans is to raise up to 1378.4 billion Rwandan francs representing 30% of gross national product. There is an additional sum of 184.2 billion compared to the current budget, which is at 1194.2 Rwandan francs.
Your Epic Summer Adventure Won't Be Complete Without These Cards - The Business Insider
23 May 2012, 6:58 pm
Back when international credit card transactions traveled along undersea phone lines, banks started charging fees for the convenience of switching francs, pounds or yen over to dollars. Today, with instant Internet authorizations and real-time currency ...
Swiss Stocks Fall; Credit Suisse Drops as Sonova Rebounds - Businessweek
23 May 2012, 10:16 am
Credit Suisse declined 1.4 percent to 19.19 Swiss francs. The company bought $690.6 million of debt from the Federal Reserve Bank of New York’s Maiden Lane III LLC portfolio, the district bank said late yesterday. Financial shares declined ...
Ivorian minister resigns over toxic dumping scandal - Chicago Tribune
22 May 2012, 7:14 pm
Adama Bictogo is suspected to have stolen some 600 million CFA francs ($1.17 million) intended as compensation for victims of toxic waste dumping by trading firm Trafigura in 2006, according to a police report made public in February.
Cameroon says Cargill eyes 50,000-ha oil palm project - Reuters
22 May 2012, 12:54 pm
YAOUNDE May 22 (Reuters) - U.S agribusiness conglomerate Cargill plans to invest up to 200 billion CFA francs ($390 million) in a 50,000-hectare oil palm plantation in Cameroon, an official at the Central African nation's investment agency said ...
Donors to increase aid Rwanda in 2012/13 budget - YAHOO!
22 May 2012, 10:03 am
KIGALI (Reuters) - Donors will raise aid to Rwanda's budget by 7 percent to 297.9 billion Rwanda francs for the central African nation's 2012/13 fiscal budget, which will focus its spending on health, education, infrastructure, a senior Treasury official ...
Rwanda Forecasts 20% Increase in Spending in 2012-13 Budget Year - Bloomberg
22 May 2012, 8:30 am
Spending will rise to 1.33 trillion Rwandan francs ($2.2 billion) in the 12 months through June, 2013, from 1.11 trillion francs in the current budget year, Finance Minister John Rwangombwa said in a budget document e-mailed to reporters ...
Sonova Declines as Profit Forecast Disappoints Analysts - Bloomberg
22 May 2012, 6:49 am
The shares fell 9.9 percent to close at 84.10 Swiss francs, the biggest decline since March 30, 2011. Sales will probably rise 7 percent to 9 percent and earnings before interest, tax and amortization will probably gain 15 percent to 20 percent ...