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Telkom performing due diligence on Cell C

2015-11-09 01:00:00| Total Telecom industry news

South African operator admits it is in talks over a possible acquisition of country's third largest mobile operator.

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Crude oil prices rise due to expectations on oversupply

2015-11-06 01:00:00| Offshore Technology

Crude oil prices have increased after analysts said that the supply glut and a strong dollar would continue to put pressure on markets.

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President's Choice Ginger Cookie Chips recall due to risk of nut allergy

2015-11-06 00:40:18| Grocery - Topix.net

Loblaw Companies Ltd. is recalling its brand of President's Choice Ginger Cookie Chips that it says may pose an allergy risk for anyone allergic to peanuts or tree nuts. The company says the contents of some of the Ginger Cookie Chips packages with the best before date of Aug. 2, 2016, and UPC 06038316176, may be mislabelled.

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Oil prices gain due to increase in US inventory levels

2015-11-05 01:00:00| Offshore Technology

Oil prices have increased due to news that US inventory levels rose for a sixth week.

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Oberthur postpones IPO due to market conditions

2015-11-04 13:46:00| Telecompaper Headlines

(Telecompaper) French smartcard and digital security group Oberthur Technologies announced that has decided to postpone its IPO due to current market conditions. CEO Didier Lamouche said, "The decision taken with our majority shareholder Advent International is a natural one given the current state of the capital markets. Our business is delivering strong organic growth of both revenues and EBITDA and the momentum we see on all our activities confirms that we have made the right choices and positions us well for the future." When Oberthur registered for the IPO last month, it said the money raised would help it reduce its debt and develop security products for the IoT.

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