In other news
Mozambique is still counting on increasing coal exports to expand its infrastructure and drive economic growth, despite depressed global prices.
Wall St stocks have fallen in early trade, but shares of discount retailers Dollar Tree and Family dollar have jumped on news of their merger.
Britain's Lloyds Banking Group has agreed to pay $370m to US and British authorities investigating its part in a global interest rate rigging scandal.
Commerzbank, Germany's second-largest bank, is planning further cost-cutting measures that could lead it to axe several hundred jobs.
Mining group Exxaro says it has acquired South African coal assets of Total as part of the group's programme focussing on its core activities.
Russia will use every means to defend itself after the arbitration court ordered it to pay $50bn compensation to Yukos shareholders.
South Africa’s sparkling wine J.C. Le Roux has been declared an icon among SA consumers, shows a brand survey.
Spain's last big nationalised bank, Bankia, says its first-half net profit rose by almost half as its losses from bad loans dropped.