Production losses in platinum will have a negative effect on South Africa's export earnings and the current account, said Bloomberg Economics Africa economist Mark Bohlund. “As platinum is South Africa's biggest export item, any losses in the sector will weigh on the trade balance,” he said. The new
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Facebook may be having a very bad week stateside and in the UK over its Cambridge Analytica data scandal, but over in the continental European Union officials are maintaining that fellow tech giant Google may ultimately need to be broken up, lest it …
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Remington Outdoor, one of the oldest firearm manufacturers in the United States, filed for bankruptcy protection on Sunday amid mounting debt and declining sales.
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Yang Zhizhong, the former Asia ex-Japan chairman of investment banking at Nomura Holdings Inc., is seeking HK$31 million ($4 million) in damages from the Japanese brokerage claiming he was unfairly dismissed. Yang, who left last Nomura year, is seeking compensation in Hong Kong's High Court
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Steinhoff International, the retail conglomerate under investigation for accounting irregularities, has been very careful about what it says in public since news of the problems broke in December. Its statements have to balance the existence of PwC's unfolding probe of its books, which will take time, with a
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