AngloGold Ashanti to exit its last SA assets

AngloGold Ashanti is looking at options to dispose of its remaining assets in SA, arguing that investments needed to extend their lives would secure better returns elsewhere in the portfolio.

IMF issues new trade warning amid ‘unfavorable’ Trump tweets

Managing Director of the International Monetary Fund (IMF) Christine Lagarde has issued a fresh warning about global trade tensions and the threat they pose to the world economy.

Investors in biggest covered-bond market face $16b crunch

Investors in Denmark’s covered-bond market, the world’s biggest, will have to settle for lower coupons or find a new place to put their money as record-low interest rates trigger the largest remortgaging wave in well over a decade.

Latest Stories From International
Coca-Cola moves into alcohol market with premium mixers

Coca-Cola’s Signature Mixers range marks the first time the brand has expanded into the alcohol space and taps into the growing premium mixer market.

Posted: 6 days ago   Views: 2929
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KPMG 'severely reprimanded' over audit

KPMG has been fined £6m, "severely reprimanded" and told to undertake an internal review over the way it audited an insurance company.

Posted: 9 days ago   Views: 4737
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National oil companies with $3.1 trillion in assets, are dangerously under-scrutinized - Report

State-owned oil companies and their impacts on economies are misunderstood and merit greater scrutiny, a new report indicates.

Posted: 9 days ago   Views: 2709
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Trump sues banks amid finance inquiry

US President Donald Trump has sued two banks in a bid to stop them handing over his financial records to Congress.

Posted: 9 days ago   Views: 2180
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MetLife’s departing CEO urges executives to take public stances

The outgoing head of MetLife Inc., the largest U.S. life insurer, has a message for business leaders: Don’t abandon the public square.

Posted: 10 days ago   Views: 662
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World Bank's new president skips China's Belt and Road for Africa trip

Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt and Road infrastructure summit, but the World Bank’s new president isn’t among them.

Posted: 13 days ago   Views: 2896
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Nigeria revives plan to double oil output, triple refining

Nigeria plans to almost double oil production and triple its refining capacity within six years, reviving previous pledges that turned out to be too ambitious.

Posted: 13 days ago   Views: 2054
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Malawi: AfDB boosts cyclone response with emergency relief package

Malawi’s recovery and reconstruction plans in the aftermath of Cyclone Idai have received a boost from the African Development Bank (AfDB), which is supporting the country with an emergency relief package and measures to combat the effect of climate change in the Southern African region.

Posted: 13 days ago   Views: 2631
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Gold worth billions smuggled out of Africa

Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.

Posted: 15 days ago   Views: 3037
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Oil hits 2019 high on U.S. plan to tighten squeeze on Iran

Oil topped $74 a barrel on Monday, the highest since November, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies.

Posted: 17 days ago   Views: 2715
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