EUROPE

UK, EU agree terms for Brexit transition period

The UK and EU have agreed on a "large part" of the agreement that will lead to the "orderly withdrawal" of the UK.Brexit negotiators Michel Barnier and David Davis said they had agreed terms for a tra...

EUROPE

Gold miners' Q3' 17 preview

With the third quarter's earnings season now underway, the gold miners will soon join in and report their latest results.  No data is more highly anticipated by investors, for good reason.  ...

EUROPE

Uber's London licence revoked

Uber's licence to operate in London was revoked, a surprise decision that will affect the 3.5 million people and 40 000 drivers who use the app in the city.The city's transportation regulator, Transpo...

EUROPE

The world's biggest wealth fund hits $1 trillion

Norway's sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar.The milestone valuation was reached for the first time on...

MIDDLE EAST

Iran could restart nuclear programme

Iran's president has warned that it could restart its nuclear programme "within hours" if the United States imposes any more new sanctions.Hassan Rouhani also said the programme would be more advanced...

EUROPE

Facebook to launch TV shows

Facebook will debut its first original TV shows in mid-August, according to a Bloomberg report, citing people familiar with the matter. The new TV service was originally expected to be released in Jun...

AMERICAS

Jeff Bezos surpassed Bill Gates

Amazon founder Jeff Bezos surpassed Bill Gates as the world's richest person on Thursday … at least for a few hours.Shares of the online retailer had surged as US markets opened, and climbed as much...

AMERICAS

US nicotine announcement threatens tobacco producers

The JSE was dragged into the red by British American Tobacco and Reinet which hold a large investment in British American Tobacco.The move occurred late in the local session after the US Food and Drug...

EUROPE

UK to ban new diesel and petrol vehicles

New diesel and petrol cars and vans will be banned in the UK from 2040 in a bid to tackle air pollution, the government is set to announce.Ministers will also unveil a £255m fund to help councils tac...

EUROPE

Theresa May's first cabinet: Who's who

Theresa May took over as prime minister on Wednesday and has set about appointing her first cabinet.The key questions are how far she will go to stamp her own mark on the top team by bringing in fresh...

EUROPE

British business leaders plan campaign for EU exit

A group of British business leaders and entrepreneurs are preparing to launch a campaign for Britain to leave the European Union at a planned membership referendum, a major donor to the UK Independenc...

EUROPE

Euro rises as Greece offers new proposals to avert default

The euro rose against the dollar on Monday on a glimmer of hope that Greece may avert a debt default after Athens offered new proposals to foreign creditors ahead of the emergency euro zone summit lat...

EUROPE

UK watchdog to tackle HSBC on standards

HSBC is facing searching questions from regulators over the quality of its internal checks and culture after the Financial Conduct Authority said it was looking into recent revelations that its Swiss ...

EUROPE

UK watchdog to tackle HSBC on standards

HSBC is facing searching questions from regulators over the quality of its internal checks and culture after the Financial Conduct Authority said it was looking into recent revelations that its Swiss ...

EUROPE

Gold rally extends to 4th day as Greek talks break down

Gold extended gains to a fourth straight session on Tuesday, underpinned by safe-haven bids after talks between Greece and its creditors broke down. Spot gold rose 0.1 percent to $1,232.50 an ounce by...

ASIA PACIFIC

Oil prices rise further but analysts expect downward correction

Oil markets opened stronger on Tuesday, continuing a rally that has seen Brent crude futures soar 8 percent since mid-January, yet analysts are increasingly saying that price rises have been overblown...

AMERICAS

Microsoft's Bill Gates steps down

Seattle - Microsoft named company veteran Satya Nadella as its next chief executive officer on Tuesday, ending a longer-than-expected search for a new leader after Steve Ballmer announced his intentio...

ASIA PACIFIC

China assumes KP chair

The incoming Kimberley Process Certification Scheme (KPCS) chairperson, Mr Wei Chuanzhong says China appreciates the significant role that the scheme must play in promoting legal diamond trade and in ...

MIDDLE EAST

Oil drops more than 2% after Iran deal

Singapore - Brent crude prices fell by more than 2% on Monday following a key deal between world powers and Iran on its controversial nuclear programme.Brent North Sea crude, the European benchmark, f...

MIDDLE EAST

Emirates to keep buying aircraft

Dubai - Emirates Airline's appetite for aircraft purchases will not cease, the airline's president Tim Clark told AFP Monday a day after the Dubai-based carrier ordered 200 planes from Boeing and Airb...

EUROPE

UK scraps £3,000 visa bond plan for 'high risk' Africans

Britain is scrapping a plan to force visitors from six "high risk" countries to pay a cash bond of £3,000 (about R48,000), the interior ministry said on Sunday.The government had been preparing to pi...

AMERICAS

Wealthy families hoarding cash, says Citi

A new survey of family offices by Citi finds that the wealthy are cash heavy  - meaning they may fall short of the investment returns they're expecting.Wealthy families have about 39 percent of t...

US launches new $100 banknote

Washington - The United States launches today (Tuesday 08 October) a new $100 bill that comes with, for the iconic greenback, a new touch of colour, as well as special features to foil counterfeiters....

AMERICAS

US Government shuts down

WASHINGTON - The U.S. government began its first partial shutdown in 17 years, idling as many as 800,000 federal employees, closing national parks and halting some services after Congress failed to br...

AMERICAS

BlackBerry posts $965m loss

Ottawa - BlackBerry said Friday that it lost $965m in the past quarter, confirming preliminary figures showing a rapidly eroding picture for the Canadian smartphone maker.The company, which had given ...