South Africa Junk Rating Might Be Hours Away and Last Years

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South Africa Junk Rating Might Be Hours Away and Last Years

Seven of 12 economists surveyed by Bloomberg last month said the nation's foreign-currency rating will be downgraded to junk on Friday, while three
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Could a railway force Chanel No 5 out of its historic home?

Chanel has said it will leave a historic perfume site in France if plans for a high-speed train line affecting its jasmine fields go ahead.
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Singapore fines banks for 1MDB Fund links

SINGAPORE – Singapore regulators announced Friday fines amounting to over $5.3 million for two banks that were found to have breached money laundering rules in dealings with an indebted Malaysian state fund.
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Goldman's Gary Cohn to Meet With Trump's Team This Weekend

Goldman Sachs Group Inc. President Gary Cohn is scheduled to meet with President-elect Donald Trump's transition team this weekend amid growing speculation the longtime banker is seeking to leave Wall Street for a government job, according to people
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Obama said poised to block Chinese takeover of Germany's Aixtron

US President Barack Obama is poised to block a Chinese company from buying Germany's Aixtron SE, people familiar with the matter said, which would mark only the third time in more than a quarter century that the White House has rejected an investment
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