Nigeria has reached the end of a huge debt elimination programme under the administration of its president, Olusegun Obasanjo, though an auction has not settled all the country’s remaining legacy debt.
Of roughly 1.76m oil warrants auctioned, about 21 per cent, were bought back at the government’s indicated minimum price of $220, at a total cost […]
The average weighted price for Bank of Russia Bond (OBR) series 04001-7 (maturing on October 18, 2007 and with a built-in put option) offered at auction Thursday was 97.5875% of face value, which corresponds to yield of an annual 5.28%.
The Central Bank reported that 123.484 billion rubles (face value) worth of the bonds were sold […]
Hungary’s Government Debt Management Agency (ÃKK) is set to hold an auction of HUF 75 billion of 2010 local debt. Despite still overweight positions in local debt Dresdner Kleinwort expects to see relatively strong demand provided there is no more serious deterioration of risk appetite.
“The foreign holdings of local debt show that there has […]
LG Electronics (LG), a leading worldwide provider of advanced wireless handsets and accessories, and Google today announced a global collaboration to pre-install Google’s services on millions of LG mobile phones. Mobile users around the world will now be able to easily search for information, find locations, update blogs and manage email while on the move.
“Building […]
The Korean electronics maker announced that it will ship select handsets preinstalled with Google products and services — including Google Maps, Blogger Mobile and Gmail — during the second quarter of this year.
The Google features will provide consumers with access to Internet services without a PC, keeping them connected while mobile, said Paul Bae, vice […]
RBI today conducted an auction to sell 364 day-T-bills for Rs 20 billion, out of which Rs 10 billion was market stabilization scheme (MSS) amount.
At a multiple price-based auction, RBI received 118 bids worth Rs 105.11 billion for the bills. 20 competitive bids worth Rs 20 billion were accepted . Out of this accepted […]
talian energy companies Eni and Enel have come together with Russian group ESN in order to bid at the next round of the auction of Yukos’ assets, set for April 4, according to Russian daily newspaper Vedomosti.
They have registered their intention to bid via Energogaz, a trust set up by the group, worth 1.11 bln […]
Yahoo will begin offering unlimited storage for its free Web-based e-mail in May, the company announced late Tuesday. The move makes Yahoo the first of the major free e-mail providers to offer unlimited storage, but it likely will not be the last.
Yahoo currently offers 1 gigabyte for its free mail service and 2GB for its […]
For at least the third time this month, Google is grappling with performance and availability problems in the Gmail service of Google Apps, the suite of hosted services that many consider a potential threat to Microsoft’s Office suite of desktop software.
The latest problem began affecting users on Tuesday morning. It remained unresolved Tuesday evening, affecting […]
Russia’s state-run oil producer Rosneft [RTS: ROSN] said Tuesday it will use the stock it bought back from Yukos to acquire assets in Russia and abroad.
Rosneft bought back its 9.44% stake held by Yukos in the first auction to sell the bankrupt oil company’s assets through a 100%-controlled subsidiary, RN-Razvitiye, earlier Tuesday.
“Rosneft regards company shares […]
