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Reuters

Russia told to pay $50bn in Yukos case

The Hague’s arbitration court says Russia must pay a group of shareholders in Yukos around $50bn for expropriating its assets.

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Bloomberg

Murdoch raises cash with Sky merger

Rupert Murdoch’s 21st Century Fox has agreed to sell its pay-TV businesses in Italy and Germany for more than $9 billion (R95bn), gaining funds it could u... Read Story

Business-Markets-International

Trade deal snags on India’s demands

India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion (R10.5 trillion) to the global economy an... Read Story

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Items 1 - 10 of 176

Russia told to pay $50bn in Yukos case
July 28 2014 at 11:00

The Hague’s arbitration court says Russia must pay a group of shareholders in Yukos around $50bn for expropriating its assets.

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Tanzania: Central bank seizes lender
July 28 2014 at 05:43

Tanzania’s central bank had taken over the management of a bank accused by the US of large-scale money laundering, it said on Friday.

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Kenya: Loan to assist state in oil, gas
July 28 2014 at 05:29

World Bank unit had loaned Kenya $50 million (R525m) at zero interest to support the state’s efforts to build capacity to manage the emerging oil and gas industry, the bank said last week.

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Google gobbles up more companies
July 28 2014 at 05:27

Google more than tripled spending on acquisitions in the first half of the year to $4.2 billion (R44bn), as the internet company ramps up investments to expand its services.

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Some Argentina soccer fans still in Brazil - seek new life
July 28 2014 at 05:19

Hard core Argentinian football fans are still camping on Brazilian beaches despite the World Cup finishing almost a month ago.

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Algeria: New chief at Sonatrach
July 28 2014 at 05:14

Algeria’s state energy company, Sonatrach, had replaced its chief, Abdelhamid Zerguine, with vice-president for production Said Sahnoun, a source said on Saturday.

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US finds adviser on Guinean mine guilty
July 28 2014 at 05:10

A former adviser to mining giant BSG Resources was sentenced in New York federal court on Friday to two years in prison for obstructing a criminal probe in connection with a bribery investigation in Guinea.

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Obama to sign phone unlocking legislation
July 28 2014 at 05:07

Smartphone owners in the US may unlock the devices to switch cellular carriers after service contracts expire under a law passed by Congress on Friday that is headed for President Barack Obama’s desk.

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Trade deal snags on India’s demands
July 28 2014 at 05:06

India threatened on Friday to block a worldwide reform of custom rules, which some estimates say could add $1 trillion (R10.5 trillion) to the global economy and create 21 million jobs, prompting a US warning that its dema... Read Story
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Murdoch raises cash with Sky merger
July 28 2014 at 05:04

Rupert Murdoch’s 21st Century Fox has agreed to sell its pay-TV businesses in Italy and Germany for more than $9 billion (R95bn), gaining funds it could use to increase an $80bn takeover bid for Time Warner.

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