Hints and tips:
...Habanos, in a £912m deal....
...The company also booked £147m worth of costs associated with the recently announced £1bn deal to sell its premium cigars division, which includes 50 per cent of Cuba’s official exporter Corporación Habanos...
...Imperial Brands is looking to sell its premium cigar business, owner of a 50 per cent stake in Cuba’s official exporter Corporación Habanos, as it presses ahead with a £2bn divestment programme....
...The company in question is Tabacalera, part of Imperial Tobacco, which owns a 50 per cent stake in Cuba’s official cigar export operation Corporación Habanos....
...The price of copper, the flagship LME contract, has fallen 12 per cent so far this year and is down nearly 30 per cent from 2011’s record high; aluminium, nickel and zinc are languishing close to their lowest...
...He wrote in the IFC’s response: We have carefully reviewed the CAO’s compliance audit report regarding IFC’s investment in Corporación Dinant S.A. de C.V....
...The Office of the Compliance Advisor/Ombudsman (CAO) found that the International Finance Corporation either turned a blind eye to the allegations surrounding Corporación Dinant when it disbursed the first...
...As of September 30, the fund had returned an average of 10.8 per cent a year, against 7.56 per cent for the S&P 500....
...Bernie Ecclestone, F1’s commercial boss, has demanded a $42m sanctioning fee for holding the event, according to Jalife....
...mod=WSJ_World_MIDDLENewsIntl Anglo nears deal to end Codelco dispute Anglo American is close to a deal with Codelco that would see the Chilean copper miner buy a 24.5 per cent share of the London-listed...
...0/72cb0f7c-ec7f-11e1-8e4a-00144feab49a.html Anglo nears deal to end Codelco dispute Anglo American is close to a deal with Codelco that would see the Chilean copper miner buy a 24.5 per cent share of the...
...Geithner and fellow regulators “could now use their new authority to shift oversight of the money market fund industry away from the S.E.C., a move that has few precedents.”...
...A joint venture between Codelco and Mitsui & Co. will buy 29.5 per cent of Sur in a cash deal valued at about $2.8bn. http://www.bloomberg.com/news/2012-08-22/anglo-said-to-be-readying-announcement-of-chile-copper-agreement.html...
...strike at its South African mine, just over a week after its chief executive was hospitalised due to serious illness, the FT reports. http://www.ft.com/cms/s/0/99690282-edb6-11e1-a9d7-00144feab49a.html...
...The health of the natural resources sector, from oil to mining, is critical for London’s stock market, where it accounts for nearly a third of the blue-chip FTSE 100’s market capitalisation....
...suffered a strike last week....
...But it was not until last year that the Cohiba-puffing Manuel García, the long-time vice-president of Habanos S.A., a joint venture with London-listed Imperial Tobacco and the exclusive distributor of the...
...In Frankfurt, HeidelbergCement fell 3.1 per cent to €34.60, its lowest finish for nearly a year, while potash and salt miner K+S dropped 1.7 per cent to €41.29 after its second-quarter results failed to...
...In Madrid, Red Eléctrica Corporación declined 1.2 per cent to €33.75. The Chinese data and Goldman downgrade also reverberated in southern Europe....
...It figures prominently in the most popular commodities indices, such as the S&P GSCI and the DJ-AIG, used by pension funds and by other institutional investors to gain exposure to the commodities asset class...
...Altadis took a 50 per cent stake in Cuban group Corporación Habanos in 2000 and owns Cuban brands Montecristo, Cohiba and Romeo y Julieta....
...“At worst, this ruling suggests management controls at Corporación Habanos are imperfect …But it seems clearly within Habanos/Cuba’s power to tighten controls,” said Jonathan Fell, at Deutsche Bank....
...By the close of trade, the Dow Jones Industrial Average was up 0.2 per cent at 10,796.26, while the S&P 500 index was 1 per cent higher at 1,258.17....
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