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What's an S&P 500 listing worth? For American Airlines, how about nearly $4 billion

2015-03-21 03:22:14| Airlines - Topix.net

What's it worth to be added to the Standard & Poor's 500 Index? Quite a lot, as it turned out for American Airlines Group Inc. shareholders this week. The market value of American's shares climbed nearly $4 billion since S&P Dow Jones Indices announced after Monday's market close that the parent of American Airlines Inc. and US Airways Inc. would join the S&P 500.

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China's Fosun and Ping An Insurance Vying to Buy $1.6 Billion Berlin Complex

2015-03-19 11:50:17| Appliances - Topix.net

Fosun International Ltd., backed by Chinese billionaire Guo Guangchang, is vying with Ping An Insurance Co. to acquire 18 buildings on Berlin's Potsdamer Platz square, people with knowledge of the matter said.

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Morocco raises MAD 2 billion in LTE auction

2015-03-19 10:36:00| Telecompaper Headlines

(Telecompaper) Moroccan telecom regulator ANRT has approved the bids for LTE licences submitted by the country's three mobile operators, Maroc Telcom, Medi Telecom and Wana Corporate. ANRT said they were three high-quality offers, with investment commitments to contribute to the development of national telecom infrastructure. The evaluation of the bids underscored three main points. The 5-year coverage commitments are higher than the minimum sought. The QoS indicators proposed align with international best practice. The market vision and business plans will contribute to developing the broadband and superfast broadband markets in Morocco. Maroc Telecom bid MAD 1 billion (about USD 99.23 mln) for its licence, Wana Corporate MAD 503 million, and Medi Telecom MAD 500.44 million. In addition, the three operators will pay MAD 860.4 million to support the cost of refarming spectrum.

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Nigeria: Dangote Group Hopeful U.S.$9 Billion Refinery Kicks Off By 2017

2015-03-19 07:34:45| Sugar Industry News

A new $9 billion oil refinery producing 500,000 barrels per day being developed by Africa's richest man, Aliko Dangote, is expected to come on stream in Nigeria by 2017, a senior Dangote Group official said yesterday. The refinery, to be located in Lagos, will cut Nigeria reliance on international markets for refined petroleum products, which constitute imports of more than 80 percent of the nation's fuel needs. The lack of sufficient refining capacity is a major handicap in Nigeria.

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04.14: Epic Measures: One Doctor. Seven Billion Patients.

2015-03-18 19:04:47| Powells Books Events Calendar

Medical doctor and economist Christopher Murray began the Global Burden of Disease studies to gain a truer understanding of how we live and how we die. While it is one of the largest scientific projects ever attempted — as breathtaking as the first moon landing or the Human Genome Project — the questions it answers are meaningful for every one of us: What are the world's health problems? Who do they hurt? How much? Where? Why? In Epic Measures (HarperWave), journalist Jeremy N. Smith offers an intimate look at Murray and his groundbreaking work — introducing a visionary leader whose unwavering determination to improve global health standards has already changed the way the world addresses issues of health and wellness, sets policy, and distributes funding.

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