The dramatic increase in chrome prices has thrown a vital lifeline to small-cap chrome producer, Bauba.. . .
The commercial property sector has enjoyed a good period in the last quarter of 2016, from a total return perspective. Not. . .
Precious metal funds saw their
biggest inflow in five months and bond funds notched a fourth
consecutive gain over the last week, as investors continued to
hedge "Trump trades" put on late last year that bet on stronger
growth and rising inflation.
Mutual funds which invest in
billion-dollar-plus "unicorn" private companies sacrifice
control and shareholder protection for liquidity, according to a
U.S. President Donald
Trump's administration is only hours old, but already a small
parade of S&P 500 companies' chiefs have voiced optimism that
his promised tax cuts, stimulus spending and deregulation will
boost corporate profits.
The right-wing Alternative for Germany (AfD) will discipline one of its. . .
A 21-year-old man arrested in Germany on suspicion of planning an. . .
South Africa's rand firmed against a globally weaker dollar early on Monday after U.S. President Donald Trump struck a protectionist tone. . .
Anheuser-Busch InBev, the world's largest brewer, has offered more than 1,000 employees in South Africa voluntary severance following its merger with. . .
Royal Dutch Shell said its operations in Gabon were running as normal after it struck an agreement with staff, their labour. . .
Africa's no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC). . .
, the world's largest brewer, has started a voluntary
severance programme in South Africa, but the company said a
newspaper report that it had offered redundancy to over 1,000
managers was incorrect.. . .
South Africa's Gupta brothers said in court documents on Friday that they were the victims of a political campaign to damage their business interests, the latest stage in a long-running controversy. . .
South Africa's National Union of Mineworkers (NUM) will "fight tooth and nail" against plans by AngloGold Ashanti to lay off more than 800 workers, the sector's biggest union said on Friday.. . .
South Africa's economy will get a boost from perkier commodity prices, a benign inflation outlook and better rains for the agriculture sector this year, a Reuters poll found on Thursday.. . .
Tanzania on Monday asked
for a loan from state-owned Export Credit Bank of Turkey
(Eximbank) to help finance a stretch of a new railway it hopes
will help it open up east Africa's hinterland. . .
Guinness Nigeria plans to seek shareholder approval to raise 40 billion naira ($127.19 million) via a rights issue on Tuesday to boost its balance sheet, the company said.. . .
Ghana's central bank supports a plan by the new government to renegotiate a $918 million deal with the International Monetary Fund and the plan will not derail efforts to stabilize the. . .
Ghana's central bank held its main policy rate unchanged on Monday at 25.5 percent, Governor Abdul-Nashiru Issahaku said.. . .
A Chinese company began work on Monday on a $715 million (£573 million) expansion of a Serbian coal mine and a new power plant, part of a wave of investment in. . .
U.S. President Donald Trump addresses
business and trade issues on Monday. Highlights of the day
Trump formally withdraws the United States from the
Trans-Pacific Partnership trade. . .
The European Commission wants
all EU member states to introduce minimum wages and incomes for
their workers and unemployed, the head of the EU executive
president said on Monday, in an effort to combat. . .
Kuwait reported an outbreak of the
highly contagious H5N8 bird flu virus in ducks, geese and
pheasants, the World Organisation for Animal Health (OIE) said
on Monday, citing an official Kuwaiti report.. . .
Requests for asylum in Switzerland plunged by nearly a third to around 27,200 last year after authorities closed the Balkan land route used by thousands to flee hot spots in the. . .
Saudi Arabia outperformed other
Gulf stock markets on Monday as several major stocks bounced
after poor earnings earlier this week, while a bull run in
Kuwait slowed and Egypt rebounded sharply from a slide. . .
Emirates, the world's
biggest long-haul airline, said on Monday it was in the process
of only a "modest restructuring," two months after it reported a
75 percent decline in half-year profits due to slower. . .
German industry would take
advantage of any trade opportunities in Asia and South America
left by a protectionist United States, Vice Chancellor Sigmar
Gabriel said on Monday, after President Donald Trump withdrew
from the Trans-Pacific. . .
Mexico's President Enrique
Pena Nieto said on Monday that he will aim to preserve
tariff-free commerce under the North American Free Trade
Agreement (NAFTA) in talks with the new U.S. government.. . .
McDonald's Corp's sales at
established U.S. restaurants fell for the first time in six
quarters as the novelty of all-day breakfast failed to overcome
competition from supermarkets and other food sellers.. . .
Shares of U.S. auto part retailers fell
sharply on Monday following a report that Amazon.com Inc
had set its sights on the $50 billion do-it-yourself
after-market auto parts business.. . .
Supermarket operator Kroger Co
said on Monday it would fill 10,000 positions this year, joining
a list of companies that have publicized routine hiring plans as
President Donald Trump puts pressure on companies. . .
Britain's pound surged to its
highest in five weeks on Monday as investors priced in a defeat
for the government in its appeal against a ruling that forces it
to consult parliament before formally. . .
The U.S. dollar fell to a
seven-week low against a basket of key world currencies on
Monday and global stock markets declined amid investor concerns
over protectionist rhetoric by U.S. President Donald Trump.. . .
Poland's exports, which are
included in calculating gross domestic product (GDP), were
overestimated in 2015 and 2014 by as much as 30 billion zlotys
($7.36 billion) each year due to tax scams, Finance Minister
Mateusz. . .
The dollar fell to a seven-week
low against a currency basket on Monday, weighed by concerns
about the early days of U.S. President Donald Trump's
administration that have so far been marred by. . .
Latin American currencies
strengthened on Monday as traders sought further clarity on U.S.
President Donald Trump's protectionist pledges.
The Mexican peso strengthened as much as 1.5
percent to a two-week high. . .