Huge gains for Kenya power firm
17.05.2006 09:36 - source: BBC News
Shares in African power firm KenGen quadruple as the firm makes its debut on the Kenyan stock market. Read more
Shares in African power firm KenGen quadruple as the firm makes its debut on the Kenyan stock market. Read more
Uganda's President Museveni says LRA rebel leader Joseph Kony will be safe if he ends the war by the end of July. Read more
Justin Gatlin is denied the outright world 100m record after his time of 9.76secs is dramatically changed. Read more
Paris is alive with anticipation ahead of the eagerly awaited Champions League final between Barcelona and Arsenal. Read more
The world premiere of The Da Vinci Code, starring Tom Hanks, opens the Cannes film festival on Wednesday. Read more
Nigeria's vice-president says the defeat of a bill allowing the president to seek re-election will strengthen democracy. Read more
More defence witnesses testify at the trial of former Iraqi leader Saddam Hussein and seven co-defendants. Read more
President Mahmoud Ahmadinejad dismisses a possible European offer of a light-water nuclear reactor. Read more
Italy's incoming Prime Minister Romano Prodi names his new government after giving a list of ministers to the president. Read more
A suspected suicide bombing in south Russia kills the Ingush deputy interior minister and six other people. Read more
Sir Paul McCartney and wife Heather Mills are to separate, blaming the split on "intrusion into their private lives". Read more
Five more people have died from bird flu in Indonesia, the World Health Organization confirms. Read more
A gunman opens fire inside Turkey's highest court, leaving a number of judges seriously injured. Read more
CHICAGO (Reuters) - The flight attendants union at bankrupt Northwest Airlines said Tuesday it is "outraged" over a letter the carrier sent to members saying it would not renegotiate if the workers rejected a tentative contract that has been put to vote.The flight attendants are deciding Read more
NEW YORK (CNNMoney.com) - NBC and ABC are apparently tired of watching CBS dominate the ratings on Thursdays, one of the most important nights of the week for network broadcasters.NBC announced on Monday that its eagerly awaited new drama, "Studio 60 on the Sunset Strip," will air on Read more
SAN FRANCISCO (Reuters) - Nike said Tuesday it will likely take a charge in the fourth quarter after an arbitrator ruled that its Converse unit should pay $52.5 million in damages to a former Latin American licensee, Alon International.The athletic shoe maker did not disclose details of Read more
CHICAGO (Reuters) - The United Auto Workers Tuesday said its U.S. hourly workers have voted overwhelmingly to authorize a strike if bankrupt auto parts maker Delphi tosses out its labor contracts as part of its reorganization.Over 95 percent of votes cast authorized the UAW to call a Read more
SAN FRANCISCO (Reuters) - Applied Materials Inc. posted a higher quarterly profit Tuesday as the world's top supplier of equipment for making microchips saw revenue jump by one-fifth amid growing demand for consumer electronics.The Santa Clara, Calif.-based company also said it expected Read more
WASHINGTON (Reuters) - A big rise in energy costs pushed U.S. producer prices up a sharp 0.9 percent last month, but prices outside the volatile food and energy areas rose a slimmer-than-expected 0.1 percent, a government report showed on Tuesday.The April gain in the overall producer Read more
LOS ANGELES (Reuters) - The world's major record companies on Tuesday filed a lawsuit against satellite provider XM Satellite Radio Holdings Inc., alleging its new Inno portable device which can store music infringes on their copyrights.A spokesman for the Recording Industry Association Read more
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said Tuesday stiffer hedge fund regulation could make financial markets less stable, as he backed the current focus on ensuring hedge fund trading partners manage their risks well.In his first comments on the subject since Read more
LONDON (Reuters) - Diversified miner Xstrata made a counterbid for Canada's Falconbridge on Wednesday with a cash offer valuing the nickel miner at $17.9 billion, trumping a bid by Canadian Inco.Mining shares, including Xstrata, surged following the news and as commodity markets Read more
NEW YORK (CNNMoney.com) - The former CEO of a Seattle-based video game company has been charged with artificially inflating his company's stock price while he sold personal shares, commonly referred to as a pump and dump scheme.The Securities and Exchange Commission on Tuesday accused Read more
NEW YORK (CNNMoney.com) - Verizon Communications Inc. denied earlier media reports that it entered into a contract with the National Security Agency, providing the government office with info about its customer phone calls."One of the most glaring and repeated falsehoods in the media Read more
SINGAPORE (Reuters) - Gold reversed early losses and rose more than 2 percent to above $700 an ounce on Wednesday as Japanese futures rebounded after falling by the 60-yen daily limit the previous day.Other precious metals also gained, with platinum boosted by record-high platinum futures Read more