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Buffett gets saucy by purchasing Heinz

In what has been described as a historic deal, and the largest to date in the food industry, US billionaire Warren Buffett is to buy food giant Heinz for as much as $28 billion.

Retailers bid for Carrefour assets

Retailers from Europe and Asia are in an auction battle for the south-east Asian assets of the French supermarket chain Carrefour.

Glaxo sells drug brands to Omega

GlaxoSmithKline, Britain’s biggest drugs maker, has agreed to divest several of its over-the-counter (OTC) European brands to Omega Pharma for €470 million (£391 million).

Licensed to thrill

New James Bond theme park to open in Maldives in summer 2011.

Private power to boost growth in Kenya

Private power producers are set to increase Kenya’s electricity generation capacity by 285 megawatts to spur economic growth and improve competitiveness, the World Bank has anno

Financing the future

Mark Tyler at Nedbank Capital talks about the challenges facing mining companies as they seek financing for projects and what he believes the immediate future holds for the indu

Rosneft touches Putin for $42 billion

Western sanctions are showing their teeth as Russia's state-controlled energy corporation Rosneft requests the Russian government for a $42 billion loan

ChileÔÇÖs mining boom shows no signs of slowing

Chile expects mining investment in the country to reach as high as $112 billion by 2021

E.ON in talks to sell UK electricity distribution network

Germany’s E.ON is in talks to sell its UK electricity distribution network for between £3.5 billion and £4 billion.

PortMiami

Easily accessible to Caribbean and Latin American markets, as well as those of Asia and Europe by way of the Panama Canal, it is easy to see why PortMiami has earned the nicknam

Hillaldam

GoldmanÔÇÖs glittering profits

Goldman Sachs has surprised industry watchers by reporting a doubling of its profits

Finance: Inflation

Companies expect a significant rise in commodity prices and offshore labor rates, while more than 60 percent say they cannot successfully mitigate inflation.