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Credit crunch to spawn African telecom deals

JOHANNESBURG - The global financial crisis could trigger a round of deal-making in Africa’s telecoms industry as the biggest mobile operators pounce on smaller players struggling to raise funds to expand their networks.

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Alcatel-Lucent says no plans to exit mobile

PARIS - Alcatel-Lucent is not planning to exit the mobile telecoms business, the French American telecoms gear provider said on Thursday in response to investor suggestions it should hive off the struggling unit.

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Automakers gear up for long slowdown

SEOUL/FRANKFURT - Car and truck makers around the world signalled fresh production cuts and job losses on Wednesday with some warning the slump in demand may extend until 2010.

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Training helps bloggers hone professionalism

Miami real estate agent Lucas Lechuga began blogging to share his knowledge of the local market. He didn't bargain for a $25 million defamation lawsuit when he wrote that a Miami developer had gone bankrupt decades ago.

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