14h01 South African retailer Steinhoff remains in a "tough position" and is talking to creditors about restructuring debt, the company said on Friday at its first shareholder meeting since an accounting scandal was uncovered in December.  Full story
20/04 Old Mutual plcĂs 2017 Annual Results announcement of 15th March 2018 included information of the further steps required to effect its strategy of managed separation. Old Mutual plc has published a circular (the ˘Circular÷) to its shareholders including proposals regarding the final processes  Full story
20/04 Nedbank Group shareholders are referred to the announcements published by Nedbank Group on 11 March 2016, 28 June 2016 and 1 November 2017 relating to Old Mutual plcĂs managed separation strategy, which entails, among other things, the creation of a new South African holding company, Old Mut  Full story
18/04 South African consumer price inflation slowed to its lowest rate in seven years on Wednesday as the end of the worst drought in decades helped push down food prices, data showed on Wednesday.  Full story
14h01 South African retailer Steinhoff remains in a "tough position" and is talking to creditors about restructuring debt, the company said on Friday at its first shareholder meeting since an accounting scandal was uncovered in December.  Full story
17/04 (This version of the April 16th story corrects sum to $100 billion from 100 billion rand. Also removes Pravin Gordhan, who is not one of the envoys)  Full story
14h01 South African retailer Steinhoff remains in a "tough position" and is talking to creditors about restructuring debt, the company said on Friday at its first shareholder meeting since an accounting scandal. . .  Full story
20/04 Revenue for the interim period lowered by 8% to R34.3 million (R37.4 million) whilst net loss dropped 13% to R17.0 million (loss of R15.1 million). Loss attributable to owners dived 65%. . .  Full story
20/04 South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead issuing house for the initial public offering of its Nigerian business in Lagos later this year,. . .  Full story
20/04 Caledonia Mining plans to buy gold assets in Zimbabwe and increase its stake in the Blanket mine after the removal of the country's tough ownership rules.. . .  Full story
20/04 South Africa is expected to harvest three percent more maize in 2018 than previously estimated after late rains in the western part of the maize belt boosted yields, a Reuters poll. . .  Full story
14h59 Fourth-quarter net profit at HDFC Bank Ltd slightly missed estimates as a result of higher bad loans, although it still rose by about a fifth to a record on Saturday.. . .  Full story
13h44 Multiple supervisory board members cast dissenting votes at a meeting that reshuffled top management at Deutsche Bank earlier this month, according to several people with knowledge of the matter.. . .  Full story
13h05 Irish toys group Smyths Toys has signed a deal to take over Toys 'R' Us in Germany, Austria and Switzerland, the German arm of the insolvent retailer said on Saturday.. . .  Full story
09h52 Vodacom Tanzania is focusing on growing its data business, mobile payments system and cloud services to stay on top of the East African nation's competitive telecoms market, the head of the. . .  Full story
09h40 The IMF will propose a financial arrangement to Congo Republic once the central African country has completed work needed to make its debt sustainable, the fund said on Friday, contradicting a. . .  Full story
06h00 Swiss National Bank President Thomas Jordan said weakening of the franc to 1.20 per euro this week is no reason to abandon negative interest rates and a willingness to intervene in foreign exchange markets, newspaper. . .  Full story
20/04 A U.S. bond sell-off continued for a second day on Friday, pushing the 10-year Treasury yield to its highest level in more than four years and steepening the yield curve after two weeks of. . .  Full story
20/04 The U.S. dollar rose to a two-week high against a basket of currencies on Friday on rising U.S. yields, while sterling extended a decline in the wake of dovish comments from the head of. . .  Full story
20/04 Gold prices eased on Friday and were on track to end the week lower as the dollar advanced on expectations of higher U.S. interest rates and market players grew a bit less worried about. . .  Full story
20/04 Sterling fell half a percent to a fresh two-week low against the dollar on Friday after Bank of England Governor Mark Carney signalled that the central bank may not raise interest rates in May. . .  Full story
16h13 German Environment Minister Svenja Schulze has told a newspaper she does not think software updates for diesel vehicles in Germany will be enough to solve air quality problems and that hardware retrofits are. . .  Full story
15h51 German dialysis specialist Fresenius Medical Care is selling its majority shareholding in Sound Inpatient Physicians Holdings for $2.15 billion, it said on Saturday.. . .  Full story
15h02 . . .  Full story
11h18 The European Union's foreign affairs chief said on Saturday that North Korea's announcement to stop nuclear tests was a positive step and called for an "irreversible denuclearisation" of the Asian country.. . .  Full story
03h42 South Korea's government will consider injecting fresh funds into the loss-making South Korean unit of General Motors Co, the Yonhap news agency reported on Saturday, citing the finance minister.. . .  Full story
21h53 U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could ease tensions between the world's two largest economies, as international policymakers acknowledged Beijing needs to change its trade practices.  Full story
21h44 The European Union and Mexico reached a preliminary agreement on Saturday on a new free trade deal, a coup for both parties in the face of increased protectionism from the United States under President Donald Trump.  Full story
21h32 Euro zone creditors are working on a debt relief offer for Greece that would be an incentive for Athens not to backtrack on reforms from its three international bailouts and to continue to stick to prudent fiscal policy, senior EU officials said.  Full story
18h36 Europe will not choose sides in the trade dispute between the United States and China, a top European official said on Saturday, adding that the European Union's temporary exemptions from U.S. steel and aluminium tariffs should become permanent.  Full story
18h01 The U.S. Commerce Department has granted ZTE Corp's request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday.  Full story
USA Week Ahead
20/04 The potential for an intensifying trade dispute to undercut the U.S. stock market could become clearer next week when a host of multinational companies reports quarterly results that may provide a glimpse into the impact of those global tensions.  Full story
20/04 MoroccoÔÇÖs annual consumer price inflation rose to 2.5 percent in March, up from 1.8 percent in February, mainly due to higher food prices, the High Planning Authority said on Friday.. . .  Full story
20/04 Angola's state-run oil firm Sonangol is inviting bids for stakes in two offshore oil blocks in Africa's second-largest crude producer, Sonangol said on Friday.. . .  Full story
19/04 Kenya expects its sugar production to jump by up to 19 percent this year, recovering from a drought-induced drop the previous year, a senior government official said on Thursday.. . .  Full story
19/04 Kenya's High Court stopped the telecoms regulator on Thursday from monitoring mobile phone networks to detect counterfeits, saying the regulator had flouted the constitution and failed to involve the public when. . .  Full story
18/04 Burundi's year-on-year inflation rose to 2.6 percent in March from 1.3 percent in the previous month, the country's statistics office said on Wednesday.. . .  Full story
16h02 Indian authorities will be empowered to seize properties of super-rich fugitives whose economic offences or crimes involve sums over 1 billion rupees ($15 million), according to a government document seen by Reuters on Saturday.. . .  Full story
13h05 Somalia's foreign minister said on Friday that Dubai state-owned port operator DP World should reconsider its contract with the breakaway region of Somaliland and work with federal authorities so Somalia's sovereignty. . .  Full story
20/04 Oil refiner KMG International(KMGI). . .  Full story
20/04 Kazakhstan will sharply cut exports of heavy oil products, such as fuel oil and vacuum gasoil, as it focuses on higher quality products following a modernisation of its refineries, according to traders and Reuters calculations.. . .  Full story
20/04 Singapore Exchange Ltd (SGX) reported its highest profit in a decade on Friday as a strong performance in derivatives and securities powered a 21 percent rise in net profit for the quarter to March. . .  Full story


 
 
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