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Mugabe: Foreign firms 'steal diamonds'

2016-03-04 14:25:25| BBC News | Business | UK Edition

Zimbabwean President Robert Mugabe accuses foreign mining companies of stealing the country's wealth, following a government decision to take over all the country's diamond mines.

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Brazil raises foreign ownership limit on airlines to 49 pct

2016-03-02 13:32:23| Airlines - Topix.net

Brazil has lifted the legal limit on foreign ownership of local airlines to 49 percent, from 20 percent previously, according to a presidential decree published in the official gazette on Wednesday, opening the door to more help for troubled carriers. Weak domestic demand and the sharp depreciation of Brazil's currency have caused deep operating losses, forcing airlines to cut routes and jobs and seek foreign partners.

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Foreign investors pump nearly $1B into Denver commercial real estate market in 2015

2016-02-29 21:54:12| Real Estate - Topix.net

Institutional investors from all over the country have been flooding Colorado's hot commercial real estate market in recent years, but it turns out they're not the only ones. that Foreign investors spent nearly $1 billion in 2015 buying property in the Denver metro area, accounting for about 9 percent of all such sales in the market DENVER -The USA Pro Challenge cycling race in Colorado has been canceled for 2016, as efforts to form a new The Kitchen founder Kimbal Musk, left, and Wolfgang Puck met at one of Puck's California restaurants in 2012.

Tags: real estate market commercial

 

Canadian Meat Council Applauds Review of Foreign Worker Programme

2016-02-23 01:00:00| ThePigSite - Industry News

CANADA - The federal government has announced plans to launch a full-scale review of the recently revised Temporary Foreign Worker Programme.

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Mexico's foreign direct investment jumped by a quarter in 2015

2016-02-22 07:45:57| Industrial Machines - Topix.net

Feb 22 Foreign direct investment in Mexico rose by a fourth last year to reach $28.382 billion, the country's economy ministry said in a statement on Sunday. The ministry said the stronger 2015 FDI was due to U.S. telecoms company AT&T Inc paying more than $2 billion to acquire Mexican wireless operators Iusacell and Unefon, as well as the purchase of Vitro's glass container business by U.S.-based Owens-Illinois Inc for about $2.15 billion.

Tags: in direct foreign investment

 

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