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Latest news:
 Financial Times: Brown sets March 24 date for Budget
Gordon Brown has confirmed the Budget will be held on March 24 in what is expected to be his government’s last major political event before the start of the general election campaign
Financial Times: Northern Rock losses halve to £139m
Gross government lending to state-owned lender rises by £8.5bn to £22.8bn but the group’s underlying loss falls in second half as it splits into ‘good’ and ‘bad’ banks
Financial Times: Allen takes over helm at EMI Music
The former chief executive of ITV is to take over as executive chairman as the music group, owned by private equity house Terra Firma, seeks to raise £120m in new funds
Financial Times: Tentative tone takes hold as investors seek direction
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
Financial Times: Tullett Prebon shares soar on bid approach
The group, headed by Terry Smith, is the largest government bond broker in Europe and has said it is likely to benefit further from any crisis in European sovereign debt
rediff: 'Rail Budget will promote regional imbalance'
The Opposition on Wednesday slammed the Railway Budget saying it will promote regional imbalance and criticised its use to promote political ends. Initiating the general discussion on the Railway Budget in the Rajya Sabha, Kalraj Mishra (BJP) said Uttar Pradesh and Bihar have been neglected and most of the projects have gone to West Bengal.
Economy:
 Yahoo!: UK budget due in 2 weeks, paving way for election (AP)
AP - British Prime Minister Gordon Brown says the government will lay out its budget plans on March 24, paving the way for a national election.
Yahoo!: FTSE 100 shares slip in early trade (AFP)
AFP - Leading shares nudged lower at the start of trade on Wednesday amid continuing uncertainty over Europe's economic outlook.
Yahoo!: 'IMF' for Europe a distracting sideshow: experts (AFP)
AFP - Talk of a European version of the International Monetary Fund to rescue errant EU states is little more than a distracting sideshow, analysts and a key central banker say.
Yahoo!: EU urges US to join in action against speculators (AP)
AP - European officials urged the U.S. to join in a crackdown on speculators who bet against Europes currency union, warning they might ban some credit default swaps — opaque financial instruments blamed for worsening the world financial crisis.
Industry:
Forbes: Oil King Warns Of 'Green Bubble'
Touting $90 billion expansion plan, Saudi Aramco chief says no matter how fast alternatives are ramped up, world will depend on oil for decades to come.
Financial Times: Eon tones down outlook for 2010
World's largest utility by sales gives a muted outlook for 2010 earnings as the economic crisis hits energy prices and demand
Financial Times: Ferrous considers $3bn-$4bn London flotation
Ferrous Resources, the emerging Brazilian iron ore producer, has revived plans for a London flotation that could be worth $3bn-$4bn
Financial Times: IP's GDF deal 'fell on valuations'
The UK-based electricity group said merger talks with GDF Suez foundered because the companies were unable to agree terms
Small Business:
BusinessWeek: Revisiting the Face of 'Necessity Entrepreneurs'
Last March we profiled 26 ventures hatched by the newly unemployed. Amid signs of economic recovery, we check in with each of them
BusinessWeek: Not a Consultant, an Interim Executive
Interim executives fill managerial roles. To get the most out of them, companies must find the right match and acknowledge internal problems
BusinessWeek: Business Lobbyists Push to Revive Estate Tax
Lobbyists for small businesses, construction companies, manufacturers and other trade groups are racing the clock to convince Congress to reinstate the federal estate tax they’ve fought for years to abolish.
BusinessWeek: Land a Business Loan Despite Bad Personal Credit
Approach local bankers, informal investors, and peer-to-peer lenders, such as Prosper and Zopa, and talk up revenue history, accounts receivable, and inventory
Finance:
AllAfrica: Nigeria: Anchor Insurance to Grow Grassroots Insurance
Anchor insurance company Limited has reaffirmed its commitment to take insurance to the grass roots, where according to the company is needed most to improve on individual and group economies.
AllAfrica: Nigeria: Allianz Plans Organic Growth, Considers Mergers
Allianz SE, Europe's largest insurer by gross premiums, primarily plans to grow organically, but will also examine options for mergers and acquisitions as they arise, Chief Executive Officer Michael Diekmann has said.
AllAfrica: Nigeria: Fees to Reduce As Pension Fund Increases
The National Pension Commission (PenCom) issued guidelines on fees and commissions that licensed operators under the new contributory pension scheme in the country can charge to set a limit and ensure that the charges by the operators are not exorbitant.
AllAfrica: Zimbabwe: Senate Passes RBZ Amendment Bill
SENATE yesterday passed the Reserve Bank of Zimbabwe Amendment Bill after it had been on the House Order Paper for close to three months.
Commerce:
AllAfrica: Nigeria: Ports, Refineries Access Roads Gulp N18.7 Billion - FG
The Minister of Works, Housing and Urban Development, Dr. Hassan Muhammad Lawal, has disclosed that the total value of the contracts awarded in respect of access roads to the ports and refineries stood at N18.7 billion.
Financial Times: Queensland picks banks for A$7bn rail IPO
The Queensland state government has appointed five banks to run a A$7bn share float of Queensland Rail's coal and freight arm, expected to be Australia's biggest listing this year
 The Scotsman: Dry cleaning chain returns to firmer ground with £20m profit
JOHNSON Service Group, owner of the high street's biggest dry cleaning chain, yesterday claimed it was on a stable footing after returning to the black last year with pro
AllAfrica: Tanzania: Coffee Board to Set Minimum Price for Buyers
TANZANIA Coffee Board (TCB) will this year introduce an indicative price system to enable farmers fetch competitive prices and curb illegal smuggling of the cash crop to the neighbouring countries.
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Travel and Transport:
AllAfrica: Uganda: Manufacturers Summoned to Explain Nsibambi Chopper Crash
The government has summoned the manufacturers of the police helicopter that crashed on Monday, injuring Prime Minister Apolo Nsibambi and five other people on board. Also summoned is a South African firm that was involved in the purchase, the State Minister for Internal Affairs, MrMatia Kasaija, told Parliament yesterday.
AllAfrica: Uganda: Nsibambi's Tale of a Narrow Escape
The VIP ward at Mulago Hospital was yesterday a hive of activity as visitors thronged to check on the Prime Minister who was admitted there following a helicopter accident on Monday.
AllAfrica: Nigeria: Trailer Crushes 70 in Lokoja
An estimated 70 people were killed yesterday and several dozen others were seriously injured when a trailer laden with cement lost control and veered off its lane at Lokoja, capital of Kogi State. It then rammed into nearly two dozen vehicles coming from the opposite direction, veered off the road and crushed scores of roadside traders and their customers.
AllAfrica: Nigeria: Trailer Crushes Four in Benin
Four persons were yesterday crushed to death by a trailer at the Uselu market along Ugbowo-Lagos road in Benin City.
AllAfrica: Nigeria: Trailers Crush 104 to Death At Lokoja, Benin Market
Death took 106 lives in different forms in three states on Monday and Tuesday, 104 of them through road accidents in Lokoja and Benin, and two by the bullets of kidnappers in Onitsha.
AllAfrica: Eritrea: Land Transport Department Striving to Ensure Vehicle Safety And Reduce Accidents
The head of standardization unit in the Land Transport Department, Mr. Mesfin Isak, called on drivers to comply with traffic laws and check the condition of their vehicles, and thereby make due contribution in efforts to prevent accident.
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IT and Telecom:
AME Info: Viva Kuwait extends roaming to 176 countries
Kuwait's telecoms service provider Viva has announced it will extend its roaming coverage to a total of 176 countries and more than 420 operators including the US, Canada, England, Switzerland, Italy, Spain, GCC, Egypt and Lebanon. The company also said it now supports GPRS roaming in 75 countries with more than 123 operators.
The Scotsman: 3D television sets to go on sale in stores this week
PANASONIC and Samsung will this week start selling TVs in US stores that display three-dimensional images, inaugurating what TV makers hope is the era of 3D viewing in the li
The Scotsman: Dental firm trims losses and focuses on US growth
3D DIAGNOSTIC Imaging, the Dundee-based company behind a handheld tooth decay detector, trimmed losses in the first six months of its financial year as it continues to press a
BusinessWeek: FCC Broadband Plan: Long Haul Expected
Parts of the plan, due Mar. 16, are already meeting opposition and are likely to take years to execute
BusinessWeek: America Movil Seeks Approval to Pay Dividend, Buy Back Shares
America Movil SAB, Latin America’s biggest wireless-phone carrier, proposed to pay a one-time dividend of 32 centavos a share and buy back more of its stock, even as it plans the region’s largest acquisition this year.
BusinessWeek: Fujitsu Investors Renew Calls for Information on Nozoe Dispute
Fujitsu Ltd. drew renewed calls from investors to shed more light on the departure of former President Kuniaki Nozoe after the Tokyo Stock Exchange ended a probe into the conflicting reasons given by the company.
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Real Estate:
AME Info: Emaar EC inks deal with Jurong on Saudi project
Emaar, The Economic City (Emaar EC), the Saudi unit of UAE-based developer Emaar which is developing King Abdullah Economic City, has announced the signing of an agreement with Singapore's Jurong International to develop the second phase of the Industrial Valley within KAEC. According to the agreement, Jurong International will undertake the master planning ...
AME Info: Barwa submits offer to buy shares of Alaqaria
Qatar-based developer, Barwa Real Estate Co, has said it has submitted its official offer to acquire Doha-based Qatar Real Estate Investment Co (Alaqaria). Shareholders of the two companies will be given the opportunity to vote on the proposed transaction when they hold separate meetings in Doha on March 30. Qatari Diar, the largest shareholder in both compa ...
Financial Times: Liberty demerger heralds new era
Liberty International's proposed demerger of its £6.1bn property empire marks the beginning of a new era for the UK real estate investment trust sector
Financial Times: Developer sought for Covent Market scheme
In return for being given the land for one of the largest development schemes in London, the developer will be asked to build a new fresh produce market on the site
Financial Times: Developer sought for £1bn scheme
The body overseeing the regeneration of the 57-acre New Covent Garden Market in Vauxhall will begin a search today for a development partner for a £1bn residential...
Financial Times: Mapping out legal rights
Schedule V of India's constitution maps out customary tribal lands where indigenous animist tribes are seen as requiring special protection against the threat of...
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