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reuters

Lonmin says makes offer to striking S.Africa miners

14 September 2012 By admin

JOHANNESBURG, Sept 13 (Reuters) - Lonmin Plc said on Thursday it had made an offer to striking workers at its South African operations, after four weeks of widening labour unrest that has threatened mining output in Africa's biggest economy. Lonmin said in a statement it had presented an offer to representatives of the workers. It also said that talks between "all … [Read more...] about Lonmin says makes offer to striking S.Africa miners

UPDATE 1-Lonmin makes offer to striking S.Africa miners

14 September 2012 By admin

JOHANNESBURG, Sept 13 (Reuters) - Lonmin Plc said on Thursday it had made an offer to striking workers at its South African operations, after four weeks of widening labour unrest that has threatened mining output in Africa's biggest economy. "Following negotiations today, Lonmin has presented an offer," to representatives of the workers, the company said in a statement, … [Read more...] about UPDATE 1-Lonmin makes offer to striking S.Africa miners

COMMODITIES-Gold jumps 2 pct on Fed news, other markets up less

14 September 2012 By admin

* QE3 rekindles gold as Fed targets jobs and growth, not inflation * Buy the rumor, hold on the fact as oil, copper nudge higher * CRB index nears bull market territory since June low By Jonathan Leff NEW YORK, Sept 13 (Reuters) - Major commodities including oil and copper rose on Thursday after the Federal Reserve announced its latest plan to revive the U.S. … [Read more...] about COMMODITIES-Gold jumps 2 pct on Fed news, other markets up less

Rugby-Argentine union takes former employees to court over fraud

14 September 2012 By admin

BUENOS AIRES, Sept 13 (Reuters) - Argentina's Pumas could have done without the potential damage to their image in their debut season in The Rugby Championship of a financial scandal at the heart of the governing UAR union. The UAR has revealed a case of fraud perpetrated by two former employees, an accountant and a purchases manager, for a reported sum of two million … [Read more...] about Rugby-Argentine union takes former employees to court over fraud

EMERGING MARKETS-Pause after rally ahead of Fed meeting

13 September 2012 By admin

LONDON, Sept 13 (Reuters) - Emerging equities eased off four-month highs on Thursday, pausing after the past week's 4 percent rally ahead of a U.S. Federal Reserve meeting that is expected to unveil a third round of bond purchases to support the economy. The central bank will release its decision at 1630 GMT, with Chairman Ben Bernanke to hold a news conference two hours … [Read more...] about EMERGING MARKETS-Pause after rally ahead of Fed meeting

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