S.African business activity contracts in Sept -PMI

S.African business activity contracts in Sept -PMI

Oct 5 (Reuters) – South African private sector activity contracted in September as increased power cuts led to steep falls in output and new orders, a survey showed on Wednesday. S&P Global’s South African purchasing managers’ index (PMI) fell to 49.2 in September from 51.7 in August. Readings below 50 indicate a contraction in activity. … Read more

Analysis: Amid tense Brazil election, Petrobras emerges as surprise market darling

Register now for FREE unlimited access to Reuters.com Register RIO DE JANEIRO, Sept 22 (Reuters) – Brazil’s state-run oil company Petrobras (PETR4.SA) has spent much of 2022 in turmoil, cycling through four chief executives as President Jair Bolsonaro hammered the company to bring down fuel prices. Faced with that and the likely return of a … Read more

Sterling little changed after mixed labor market data

Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 16 (Reuters) – The British pound was little changed on Tuesday, having briefly fallen to its lowest level in over a week, after mixed data showed a jobs market that … Read more

MTN’s earnings jump, gets offer for Afghanistan business

JOHANNESBURG, Aug 11 (Reuters) – South African mobile operator MTN Group (MTNJ.J) said on Thursday its first-half earnings surged 46.5% and it had received a $35 million binding offer for its Afghanistan business, nearing an exit of the Middle East. Without disclosing the buyer, Group Chief Executive Officer Ralph Mupita told journalists on a news … Read more

All Blacks block ‘outside noise’, focus on the job – Mo’unga

Rugby Union – Autumn International – Italy v New Zealand – Stadio Olimpico, Rome, Italy – November 6, 2021 New Zealand’s Richie Mo’unga before a kick REUTERS/Guglielmo Mangiapane Register now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Richie Mo’unga said the All Blacks were blocking out the outside noise of their … Read more

S. African rand slips after dollar jumps on strong US jobs report

A street money changer counts South African Rands in Harare, Zimbabwe, May 5, 2016. REUTERS/Philimon Bulawayo Register now for FREE unlimited access to Reuters.com Register JOHANNESBURG, Aug 5 (Reuters) – The South African rand slumped on Friday against a buoyed dollar after the US July employment report came in better than expected, raising the prospect … Read more

South African rand weakens after strong US jobs data

South African Rand coins are seen in this photo illustration. REUTERS/Mike Hutchings. Register now for FREE unlimited access to Reuters.com Register July 8 (Reuters) – South Africa’s rand weakened against the dollar on Friday, as strong US job data cemented expectations that the Federal Reserve may hike interest rate by another 75 basis points later … Read more