HSBC streamlines business divisions, names first female CFO
Shares slid 0.3% as of 1:46 pm in Hong Kong.
View ArticleMozambique opposition leader calls for two-day national shutdown
Tensions in the gas-rich nation are high following the elections that are tainted by widespread allegations of fraud.
View ArticleLagarde says Trump should visit to see how hard Fed’s job is
'He should come and visit us,' she said on Tuesday in Washington. 'I have thousands of hard working people — economists, jurists, computer scientists — and I can assure you that they work super hard...
View ArticleGold reaches record high as geopolitics drive traders to safety
Spot gold was little changed at $2 750.22 an ounce as of 12:37 p.m. in Singapore.
View ArticleTupperware gets deal to avoid liquidation after judge intervenes
Under the deal, the lenders will pay $23.5m in cash and swap $63.8m in debt they hold for ownership.
View Article‘Rogue’ ANC members imperil South Africa alliance, minister says
'Rogue elements going against the GNU are deliberately creating a toxic environment,' Schreiber said.
View ArticleHeineken third-quarter beer volumes hit by weak Americas
Poor summer weather in Europe kept brewers from taking full advantage of sporting events which traditionally draw customers into bars and pubs, leading Heineken to miss estimates on volume growth.
View ArticleOil declines as traders look to US stockpiles and Middle East
Brent for December settlement fell 0.9% to $75.35 a barrel at 9:52 a.m. in London.
View ArticleNamibia’s next oil drilling wave to start with Galp rig arrival
At least four drilling campaigns including wells by TotalEnergies SE and Chevron Corp are expected to start before the end of the year after a string of significant discoveries first made in the...
View ArticleBlackRock sees South African asset rally as tactical opportunity
Since the elections on May 29, South Africa’s equity benchmark has gained 15%.
View ArticleZimbabwe denies leadership schism as ruling party meets
The conference will focus on turning the nation to an upper middle-income society by 2030 and the state of the economy, amid the continued weakness in the ZiG.
View ArticleTesla delivers blowout quarter, lays out bold ambitions for 2025
Third-quarter earnings were buoyed by sales of the Cybertruck, which turned a profit for the first time.
View ArticleTop Africa explosives maker sees overseas growth doubling profit
The company aims to expand globally through a combination of organic growth and acquisitions and wants to focus primarily on servicing the mining industry, Chief Operating Officer Denvor Govender said.
View ArticleZinc hits 20-month high on fears over tightening global supply
Zinc futures traded 3.6% higher at 2:46 p.m. in Shanghai.
View ArticleMozambique to announce voting results amid national protest call
The electoral commission will declare the results from 2:30 pm local time in Maputo, the capital, it said in a statement.
View ArticlePalladium jumps after US suggests sanctions, while gold recovers
Spot gold was up 0.8% at $2 738.14 an ounce by 10:15 a.m. in London.
View ArticleBitcoin rally cools as Trump trades present hurdles for crypto
Bitcoin advanced about 1% to $67 416 as of 9:11 a.m. in New York on Thursday, paring its weekly decline to roughly 2%.
View ArticleOil rebounds with Mideast tension and supply outlook in focus
Brent for December settlement added 1.9% to $76.37 a barrel at 11:38 a.m. in London.
View ArticleMusk’s StarLink terminals sold out in Zimbabwe capital as demand soars
Nigeria and Zimbabwe are the only two African nations where Starlink terminals have sold out.
View ArticleAfrican markets expand at fastest pace since 2017, Absa finds
'This is a welcome respite after several difficult years during which the continent faced first the challenges of the global Covid-19 pandemic, then higher domestic inflation and financing costs,' Absa...
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