* Investment and trading income down * Lending also declined * Australian home loans improve JOHANNESBURG, Sept 13 (Reuters) - South African investment bank and asset manager Investec said on Thursday it expects flat first-half earnings, following declining investment and trading income and despite a recovery in its home loans business in Australia. Investec … [Read more...] about UPDATE 1-Investec sees flat H1 profit, Australia bounces back
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S.Africa’s rand falls 1 pct as mine unrest persists
JOHANNESBURG, Sept 13 (Reuters) - South Africa's rand fell 1.3 percent against the dollar on Thursday as labour unrest in the mining sector persisted. The rand fell as low as 8.4445, its weakest since Sept. 5. (Reporting by Vuyani Ndaba; Editing by Ed Cropley) © Thomson Reuters 2012 All rights reserved … [Read more...] about S.Africa’s rand falls 1 pct as mine unrest persists
S.Africa PGM output rises in July, pre-Lonmin strife
JOHANNESBURG, Sept 13 (Reuters) - South Africa's platinum group metal production rose 11.7 percent in July, Statistics South Africa said on Thursday, a figure that will likely not be so positive in August because of the labour strife that has shut producer Lonmin. Gold output fell 5 percent in volume in July while total mineral production was up 6.7 percent compared with … [Read more...] about S.Africa PGM output rises in July, pre-Lonmin strife
UPDATE 1-RBS, others sue Dubai Group over $10 bln debt
* RBS, Standard Bank and Commerzbank start legal action * Unprecedented attempt to secure debt repayment from Dubai * Debt deal being considered by all lenders * Tactic to force better terms from investment firm * Dubai Group hoping for $10 bln debt deal by year-end -sources By David French and Mirna Sleiman DUBAI, Sept 13 (Reuters) - Royal Bank of … [Read more...] about UPDATE 1-RBS, others sue Dubai Group over $10 bln debt
S.Africa mine protest leader urges national strike
BLESBOK, South Africa, Sept 13 (Reuters) - A leader of major protest by platinum miners in South Africa called on Thursday for a national strike in the sector "to bring the mining companies to their knees". "On Sunday, we are starting with a general strike here in Rustenburg," protest leader Mametlwe Sebei told a crowd of several thousand striking workers at a soccer … [Read more...] about S.Africa mine protest leader urges national strike
