Global

Sky, HBO sign USD250 million coproduction contract
Global

Sky, HBO sign USD250 million coproduction contract

Sky, a BSkyB company said it has signed a multi-year coproduction contract with HBO. The partnership will see Sky and HBO oversee the development of drama series. The focus of the arrangement will be on high end productions that feature engaging stories with international points of view and casting. Sky […]

Nestle reports strong growth in sub Saharan Africa
Global

Nestle reports strong growth in sub Saharan Africa

Nestlé said in its quarterly report said its organic growth for Zone Asia, Oceania and sub-Saharan Africa rose to 4.5% compared to 3.0% reported last year. Mark Schneider, Nestlé CEO said “Organic growth of 2.3% this quarter is within our full-year guidance range. The leap year comparison and other seasonal […]

ExxonMobil, SABIC plans petrol plant in U.S. Gulf Coast
Global

ExxonMobil, SABIC plans petrol plant in U.S. Gulf Coast

ExxonMobil and SABIC said they have selected a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. ExxonMobil said in a statement that the proposed multibillion dollar investment would include a world-scale ethane steam cracker capable of producing 1.8 […]

Lufthansa Cargo and United enters JV
aviation

Lufthansa Cargo and United enters JV

The air freight division of Lufthansa Cargo and United have announced a joint venture to cover routes in America and Europe. As disclosed United Airlines, both companies will use their respective networks to support each other as stated in the joint venture. Lufthansa Cargo already has a joint venture with […]

Vodacom Tanzania extends IPO closure
Global

Vodacom Tanzania extends IPO closure

Vodacom Tanzania PLC said it has extended the deadline of its initial public offering going on in Tanzania. The plan is to woo more local investors into the IPO. It would be recalled that Vodacom Tanzania has in February announced that it received the go ahead to list 25% of […]