Yum Brands sees 130 new Africa stores in 2012 -report U.S. fast-food giant Yum Brands Inc plans to open 130 new KFC stores in Africa this year, bringing its presence on the continent to 1,000 restaurants, Business Day newspaper said on Friday, citing a senior executive.
Hitachi to reorganise business structure Hitachi Ltd said on Friday that it would reorganise its operational structure in April by setting up five new groups, as it looks to accelerate growth in its social infrastructure business and continue overhauling its sprawling operations to boost profitability.
S.Africa's MTN tumbles on news of potential Iran suit Shares of South Africa's MTN Group tumbled nearly 4 percent in early trade on Friday, after it said it faces a potential lawsuit from Turkey's Turkcell over its licence in Iran.
Libya's Agoco hopes for full oil output in April Libya's Arabian Gulf Oil Company (Agoco) is producing around 300,000 barrels per day (bpd) and hopes to reach full production in April, later than previously thought because of electricity problems at some fields, a spokesperson said on Thursday.
Nigerian naira firms on NNPC dollar sales to banks The Nigerian naira strengthened against the U.S dollar on the interbank market on Thursday after state-owned energy company NNPC sold about $150 million to some lenders, boosting dollar liquidity in the market.
Sony sees $2.9 bln loss, new CEO says to move fast Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.
Country profile
Oil prices hovered above $96 a barrel Friday in Asia as traders awaited a key jobs report for evidence about the strength of the U.S. economy.
