The agreement ends long negotiations with the current owners, Veba, the healthcare trust affiliated to the United Auto Workers' union (UAW). The deal will see Chrysler and Fiat pay the trust an initial $3.65 billion. Once the deal is signed off, Chrysler will then pay Fiat another $700 million.

Peru's government plans to sell up to 49 percent of state-owned oil Petroleos del Peru SA (Petroperu) to investors in a bid to secure private sector funding. At the same time part of the company, at least five percent, must be floated on the Lima Stock Exchange, though no date has been set for the IPO.

According to a new report Cleantech Redefined: Why the Next Wave of Cleantech Infrastructure, Technology and Services Will Thrive in the 21st Century, by research firm Kachan and non-profits As You Sow and the Responsible Endowments Coalition, the second most popular retail investment during 2013, after property, was in clean energy; a quarter of all venture capital in 2012 went into clean technologies; and in the third quarter of 2013 venture capital deals for clean tech were 64 percent higher than in the first quarter, clear sign of an upturn.

Just a week after evacuations started, most expatriates have now left the country. Thousands of foreign workers have been forced to leave including British Canadian, and Kenyan Australians, Ugandans and Ethiopians citizens among 17,000 people who were trapped in the city of Bor. In addition 150 Indian nationals have now left.

With limited capital, the company known as Zambeef was incorporated in 1994. Employing 60 staff, slaughtering 180 cattle per month in a rented abattoir, delivering meat via a single Land Rover and selling it through two rented butcheries, it was very much a small-scale operation to begin with. Nevertheless, through a combination of organic growth and acquisitions, the company went on to become one of Zambia’s largest agri-businesses, achieving a compounded organic growth rate of over 20 percent in real terms between 2003 and 2008 alone.

Mutanda, with operations in Katanga, is seen as one of Glencore's key growth assets in Central Africa's copper belt and the cash purchase sees the mining and commodities trading major acquire the remaining 14.5 percent indirect equality in the copper and cobalt producer.  

“Millennials” (born between 1982 and 2000) are referred to in marketing and research circles as the largest and most elusive generation of all time. They are often painted as a group of self-obsessed, multi-tasking, digital natives with short-attention spans, limited brand loyalty and a sense of entitlement that knows no bounds. In other words, a generation that seems like a marketer’s worst nightmare.

A city grows up over decades, an expression of the society that creates it. As society changes, the city becomes a repository of its own past, reflecting layers of its history. So Rome is a modern capital and at the same time a museum of a past civilisation. Not ideal for cars, but they live with it! But some of South Africa’s urban legacy is not so worthy of preservation, and they don’t need to live with it.

If any proof were needed to support the belief that Africa has become one of the world’s epicentres for mining success over the last decade, one arguably needs to look no further than Randgold Resources. An Africa-focused gold mining and exploration company, it has been the architect behind a host of major discoveries to date in Mali, the Côte d’Ivoire, Senegal and the Democratic Republic of Congo (DRC).

In 2006 when he seriously started to sell his conviction that Greenland would be the next game-changer in the global supply chain for minerals, Rod McIllree found that the investment community in his native Australia shared neither his enthusiasm nor his outlook. In Australia not many people had heard of the Ilimaussaq Complex right at the southern tip of Greenland, which had been investigated by geologists from Greenland’s ‘mother country’ Denmark for decades and had been found to be rich in uranium.