18.6 C
South Africa
Thursday, December 5, 2019

OPEC, allies set to agree oil cut extension to end of 2018

VIENNA - OPEC and non-OPEC oil producers look poised to agree on Thursday to extend output cuts until the end of 2018 to finish...

Singapore c.bank warns of ‘excessive exuberance’ in property market

SINGAPORE, Nov 30 - Singapore's central bank warned on Thursday of "excessive exuberance" in the city-state's private housing market, adding that it would take...

Fitch: Brighter Outlook for APAC Banks, Risks Remain

SINGAPORE/HONG KONG, November 29 - Fitch Ratings' outlook for bank performance in Asia-Pacific (APAC) is decidedly less negative than at the start of 2017, with the...

South Africa’s rand softer as investors take profits on rally

JOHANNESBURG - South Africa's rand inched weaker on Wednesday, pausing an advance that has seen it march to a one month-and-a-half best as investors...

Three firms bid to set up fourth mobile phone company in Zambia

LUSAKA, Nov 29 - One British and two African companies are bidding to establish a fourth mobile phone voice service provider in Zambia in...

Waymo seeks delay of Uber trade secrets trial over new evidence

SAN FRANCISCO - Alphabet Inc's Waymo self-driving car unit asked a U.S. judge on Monday to postpone an upcoming trade secrets trial against Uber...

SoftBank offers to buy Uber shares at 30 percent discount

SAN FRANCISCO - Japan's SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30...

Joseph Otting, former banker, sworn in as top U.S. bank regulator

WASHINGTON, Nov 27 - Joseph Otting, a former banking executive and associate of U.S. Treasury Secretary Steve Mnuchin, was sworn in as U.S. comptroller of the...

Zimbabwe president Mnangagwa appoints Chinamasa acting finance minister

HARARE, Nov 27 - Zimbabwe President Emmerson Mnangagwa on Monday named Patrick Chinamasa acting finance minister until a new cabinet has been appointed, the chief secretary to...

Victoria Beckham’s fashion business raises $40 mln for expansion

LONDON (Reuters) - Victoria Beckham, the former Spice Girl turned luxury fashion designer, has raised 30 million pounds ($40 million) to expand her stores...

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