18.6 C
South Africa
Thursday, November 14, 2019

Bubble or breakthrough? Bitcoin keeps central bankers on edge

  FRANKFURT (Reuters) - Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. But it keeps them awake at night because...

Uber to partner with Mahindra to pilot electric vehicles in India

MUMBAI - Ride-hailing firm Uber will partner with automaker Mahindra and Mahindra to pilot electric vehicles on its platform in India, the two companies...

Australia’s Clive Palmer wins court case against China’s CITIC

SYDNEY, Nov 24 - Australian businessman Clive Palmer said on Friday the Supreme Court of Western Australia awarded his company about A$200 million ($152...

Russian competition watchdog gives green light to Yandex-Uber deal

MOSCOW, Nov 24 - Russia's anti-monopoly regulator FAS said on Friday it had approved a deal to merge the Russian ride-sharing businesses of Yandex and Uber, with...

South African Markets – Factors to watch on Nov 24

JOHANNESBURG, Nov 24 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African...

Teva Pharmaceutical set for major layoffs in Israel, U.S.: report

TEL AVIV - Teva Pharmaceutical Industries is expected to cut 20-25 percent of its 6,860 workers in Israel and a few thousand more in...

Fitch Affirms Tianjin Free Trade Zone Investment at ‘BBB+’/Stable

HONG KONG, November 23 - Fitch Ratings has affirmed Tianjin Free Trade Zone Investment Holding Group Co., Ltd.'s (Tianjin FTZIH) Long-Term Foreign- and Local-Currency...

Amazon starts Australian trial after months of hype

SYDNEY, Nov 23 - Amazon.com Inc's Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its arrival...

Africa’s NUM union signs three-year wage deal in coal sector

JOHANNESBURG, Nov 23 - South Africa's National Union of Mineworkers (NUM) has agreed a three-year wage agreement with coal producers, averting a sector-wide strike...

Petronas’ quarterly profit jumps on higher oil prices

KUALA LUMPUR, Nov 23 (Reuters) - Malaysian state energy firm Petroliam Nasional Berhad on Thursday forecast a rise in full-year profit for 2017, after...

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