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ArcelorMittal SA, IDC may revive Highveld steel mill

Jul 29 2016 19:58

ArcelorMittal SA and the Industrial Development Corporation are considering options that may lead to the reopening of Evraz Highveld Steel steel mill.


Snapshot of SA air traffic in new Acsa barometer

Jul 29 2016 19:57

Airports Company SA has launched its inaugural Aviation Barometer, intended to be a quarterly indicator of air traffic movements through its nine airports.

Travel & Leisure

Fearful of attacks, tourists flood Spain in first half

Jul 29 2016 19:53

Spain has seen nearly 33 million visitors to the country in the first six months of the year as people fearful of extremist attacks seek refuge in the Iberian Peninsula.


AB InBev welcomes SABMiller recommendation

Jul 29 2016 19:48

Anheuser-Busch InBev welcomes the statement from SABMiller plc that its board intends to recommend the revised and final terms of a proposed combination.


Weak refining profits add to woes at Exxon, Chevron

Jul 29 2016 19:39

US oil giants ExxonMobil and Chevron have reported another bruising round of results, with a glut of gasoline and other refined products.


SABMiller deal advances on China nod and investor support

Jul 29 2016 14:58

AB InBev's shares have risen on optimism it will manage to get enough shareholder support to complete its R1.45trn bid for SABMiller after the deal hit a snag this week.


Pharma workers launch pay strike, Adcock says not hit

Jul 29 2016 11:27

Pharmaceutical workers launched an indefinite wage strike, likely affecting production and distribution depots, but Adcock Ingram has not been affected.

Financial Services

Barclays Africa first-half profit slows as economic growth drops

Jul 29 2016 08:10

Absa's parent company Barclays Africa Group says first-half profit rose 3.7%, after credit impairments and non-performing loans increased and SA's economy shrank.


AB InBev earnings miss estimates on Latin American downturn

Jul 29 2016 07:50

AB InBev has reported second-quarter profit growth that missed analysts’ estimates on challenging markets in Brazil and Argentina.


Anglo rejected India billionaire’s merger plan - claim

Jul 29 2016 07:06

Anglo American rebuffed informal approaches from Indian billionaire Anil Agarwal, according to people familiar with the matter.



Anglo American head avoids feeling complacent

Jul 28 2016 19:48

The head of Anglo American has seen the miner’s share price almost triple this year, topping gains in the benchmark FTSE 100 Index.


BAT hunts M&A as western Europe buoys first-half earnings

Jul 28 2016 19:46

British American Tobacco has said it’s on the hunt for acquisitions as it reported earnings near analysts’ estimates, helped by increased sales in France and Romania.

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