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Agribusiness

Good news for SA maize output

Jul 25 2014 19:23

South Africa is likely to raise its 2014 maize output forecast slightly as harvesting draws to a close with little expectation of a big change in the estimate.

Retail

LVMH results send chill across luxury sector

Jul 25 2014 18:00

The outlook for the luxury goods industry has darkened as poor results from industry leader LVMH show major factors curbing spending.

Agribusiness

Tongaat funding boost for Zim sugar farmers

Jul 25 2014 16:54

Sugar cane farmers in Zimbabwe have received funding facilities amounting to $32m from a regional banking group and sugar producer Tongaat Hulett.

Mining

Anglo American's profit drops

Jul 25 2014 16:00

Anglo American's underlying operating profit has fallen in the six months to June, according to interim results.

Mining

RBPlats mine blast injures two workers

Jul 25 2014 15:45

Two Royal Bafokeng Platinum employees have been injured in an explosion at its Styldrift excavation project in North West.

Mining

Strike weighs on Lonmin production

Jul 25 2014 15:00

Lonmin's third quarter production has been severely affected by a five-month strike, the platinum mines' unaudited production results show.

Retail

Woolworths Country Road offer now unconditional

Jul 25 2014 14:30

Woolworths Holdings has announced that it has achieved over 90% relevant interest in Country Road and its offer is now unconditional.

Mining

Lonmin to hit 80% of normal output soon

Jul 25 2014 13:30

Platinum producer Lonmin will lift production to 80% of normal levels by the end of its financial year in September as it recovers from a five-month strike.

Mining

Lonmin mulls Amplats mine buy-out

Jul 25 2014 13:30

Lonmin is considering buying out the rest of its joint venture in the Pandora mine, one of the operations Anglo American Platinum has put up for sale.

Financial Services

China approves three private banks

Jul 25 2014 13:16

China has approved the setting up of three private banks, including one by internet giant Tencent, in a long-awaited economic reform.

Inside Fin24.com

 
Financial Services

Libor rigging: Lloyds expects fine

Jul 25 2014 12:10

The long-awaited fine on Britain's Lloyds Banking Group in relation to the benchmark interest rate fixing allegations will be announced soon, sources say.

Retail

McDonald's stops sourcing chicken from China

Jul 25 2014 11:40

McDonald's Japan is halting sales of all products that use chicken meat originating in China and is switching its sourcing completely to Thailand.

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