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IMI 940.90 -45.10 (-4.57%)
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How a US Company Is Breaking Laws and Grabbing Land in Africa
The current dispute raging between the American-owned SG Sustainable Oils Cameroon PLC (SGSOC) and the indigenous people of Toko and Nguti, in the southwest region of Cameroon, is an extraordinary case in point.
Moody's downgrades Italian banks; outlooks remain negative
Banca IMI's long- and short-term debt and deposit ratings were downgraded to A3/Prime-2, respectively, from A2/Prime-1, directly following the downgrade of the ratings of its parent Intesa Sanpaolo (Intesa).
Dealership sold by Cambria
Car dealer group Cambria Automobiles has sold a Midlands dealership which it said did not fit with its strategy. It has completed the sale of its Birmingham Triumph motorcycle outlet this week to the company behind Ducati Manchester.
Vertu Motors “successfully navigated challenging period” in 2011
Vertu Motors' year end results, published today, reveal turnover up year-on-year 8.9% and above the one billion mark for the first time, at �1.09 billion (2011: �999m).
Covidien completes superDimension acquisition
Global healthcare provider Covidien plc (NYSE: COV) has announced that it has completed the acquisition of superDimension, Ltd.