Africa Archives - Financial Newsletter

Africa

Exclusive: Glencore puts entire stake in Mopani on the table in talks with Zambia: sources

By Helen Reid and Zandi Shabalala JOHANNESBURG/LONDON (Reuters) - Glencore will likely sell its entire 73.1% stake in Zambia's Mopani Copper Mines...

Africa

Standard Chartered sues South Africa’s Land Bank to recover debt

JOHANNESBURG (Reuters) - Standard Chartered <STAN.L> is suing South Africa's Land Bank to recover debts, Land Bank said on Tuesday, after the state-owned agricultural lender defaulted on repayments for debt worth 50 billion rand ($2.97...

Africa

BlackRock trims long-term exposure to credit to ‘neutral’ citing spreads

LONDON (Reuters) - The BlackRock Investment Institute said on Monday it had trimmed its "overweight" to credit on a long-term view. ...

Africa

Safe bet? Sovereign funds rethink once-reliable real estate

By Tom Arnold LONDON (Reuters) - The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. ...

Africa

Exclusive: OPEC+ needs to offset large May-July oversupply -document

By Vladimir Soldatkin, Rania El Gamal and Ahmad Ghaddar MOSCOW/DUBAI/LONDON (Reuters) - Oil producing countries in the OPEC+ group that pumped above...

Africa

OPEC+ presses for compliance with oil cuts

By Rania El Gamal, Alex Lawler and Olesya Astakhova DUBAI/LONDON/MOSCOW (Reuters) - OPEC and its allies pressed oil nations pumping above output...

Africa

BHP plans sale of Australian Bass Strait oil and gas stake

By Sonali Paul MELBOURNE (Reuters) - BHP Group <BHP.AX> <BHPB.L> said on Tuesday it plans to sell its 50% stake in the...

Africa

Exclusive: Nigeria’s long-awaited oil reform bill to go to president – sources

By Libby George LAGOS (Reuters) - Nigeria's oil ministry will present a long-awaited oil and gas reform bill to the president in...

Africa

From Africa to America, businesses and insurers face survival showdowns

By Emma Rumney and Noor Zainab Hussain PILANESBERG NATIONAL PARK, South Africa (Reuters) - Wynand du Toit's safari camp in South Africa's...

Africa

From carats to peanuts: how a pandemic upended the global diamond industry

By Helen Reid, Tanisha Heiberg and Rajendra Jadhav JOHANNESBURG/MUMBAI - As the coronavirus pandemic upended the global diamond industry, shuttering mines from...

U.S. self-driving car startup Zoox agrees to settle lawsuit with Tesla

Glade Brook pitches ‘extraordinary opportunity’ in tech debt amid coronavirus

McDonald’s and its U.S. franchisees at odds over financial relief as…

Delta working with Airbus on order book after deferring A350 orders…

The fund managers, the sleuths and the mystery of the missing…

FAA investigating manufacturing flaws in Boeing 787 jetliners

AB InBev starts search for long-time CEO Brito’s successor: FT

Delivery Hero issues new shares from authorised capital

Bosnian Tesla fan impatient for Cybertruck release builds a lookalike

VW not seeking a deal with Tesla, CEO Diess says

Exclusive: Worldline $9.2 billion Ingenico deal may need EU concessions –…

Samsung Electronics wins $6.6 billion Verizon order for network equipment

Amazon fined by UK regulator over tardy documents release in Deliveroo…

Africa

The fund managers, the sleuths and the mystery of the missing ESG

Seven of South African retailer Clicks’ stores damaged in protests over ‘racist’ ad

IEA sees oil market stuck between no major slowdown but stalled recovery

Maersk to cut jobs in major reorganisation

Grounded by COVID, Nigerian diners get a taste of air travel

Exclusive: Glencore puts entire stake in Mopani on the table in talks with Zambia: sources

Standard Chartered sues South Africa’s Land Bank to recover debt

BlackRock trims long-term exposure to credit to ‘neutral’ citing spreads

Safe bet? Sovereign funds rethink once-reliable real estate

Exclusive: OPEC+ needs to offset large May-July oversupply -document

OPEC+ presses for compliance with oil cuts

BHP plans sale of Australian Bass Strait oil and gas stake

Exclusive: Nigeria’s long-awaited oil reform bill to go to president – sources

From Africa to America, businesses and insurers face survival showdowns

From carats to peanuts: how a pandemic upended the global diamond industry

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California court ruling gives voters last word over Uber, Lyft worker...

Used cars drive U.S. consumer prices higher; inflation pressures firming

Exclusive: PDVSA changes oil deals to include shipping as sanctions bite...

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