The Big Apple

RCom keeps the lines open in talks

RCom and MTN extend talks after apparently dumping plans for a reverse takeover of the South African mobile telecoms group

Reliance and MTN extend talks for two weeks

Ambani feud may derail combination of Indian and South African mobile groups that could create $10bn world powerhouse

British companies confused by Zimbabwe advice

Government advice leaves British companies in a state of confusion about whether to continue to operate in Zimbabwe

Fears of further oil price rises after Nigeria attacks

Opec oil ministers are divided over the impact of a Saudi pledge to raise output as rebel attacks in Nigeria offset gains

Rio Tinto talks to Libya about smelter

The mining group is talking to the Libyan Government about exploiting the country's gas to power a $2.5bn aluminium smelter

Kenyans profit from soaring Safaricom

A 60 per cent surge on Safaricom's 1st trading day means a windfall for thousands of kiosk-owners, farmers and artisans

The new economic power of Generation A

The growing aspirational middle classes of Asia, Africa and Latin America are set to become a huge global economic force

Nigeria to hand abandoned Shell fields to rival

Nigerian President says that oilfields abandoned by the group would be given to another company 'acceptable to the Ogonis'

Reliance calls on Costa to broker MTN deal

Ken Costa will advise Reliance in talks with Africa's largest wireless group which could create a new £35bn giant

Reliance and MTN confirm merger talks

The Indian and African mobile giants could create a 116m-strong customer base in the world's fastest growing regions

BA chief waives bonus after T5 fiasco

Willie Walsh says bonus would be inappropriate, but 42,000 staff will share £35m ahead of a review to cut flights

Apartheid victims cleared to sue

United States Supreme Court rules that three class actions by South Africans can be pursued in the American legal system

Old Mutual unit takes a bath on Bear Stearns

The London-listed insurer now admits that its £300m target for funds under management has proved too ambitious

Apple may be losing grip on iPhone

Italy to sell mobile on non-exclusive basis, ending era in which only one operator per country had distribution rights