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UPDATE 1-Cricket-No place for Pietersen in England squads

22 August 2012 By admin

* Pietersen left out for one-day series and T20 World Cup * Batsman's future still being determined, says Miller (Adds Flower quotes) LONDON Aug 21 (Reuters) - Kevin Pietersen's rapid fall from grace was completed on Tuesday when the controversial batsman was left out of the England squads for the Twenty20 World Cup and the one-day series against South Africa. … [Read more...] about UPDATE 1-Cricket-No place for Pietersen in England squads

UPDATE 2-Lonmin fears sackings could re-ignite S. Africa violence

22 August 2012 By admin

* Deadly precedent set in previous sackings * Company may issue new shares to shore up finances By Sherilee Lakmidas JOHANNESBURG, Aug 21 (Reuters) - The world's third-biggest platinum producer, South Africa's Lonmin, on Tuesday backed down from its threat to sack 3,000 striking mine workers, fearing the move could provoke more violence after police last week … [Read more...] about UPDATE 2-Lonmin fears sackings could re-ignite S. Africa violence

S.Africa’s rand firmer, bonds up on euro optimism

22 August 2012 By admin

JOHANNESBURG Aug 21 (Reuters) - The rand rebounded against the dollar on Tuesday, and was the third-best performer in a basket of emerging market currencies, as fears of more violence at South African mines ebbed and hope of a solution to euro zone debt problems boosted risk appetite. Receding fears that last week's violence at Lonmin's ONJ.J mine might spread to other … [Read more...] about S.Africa’s rand firmer, bonds up on euro optimism

Q+A- How will Anglo and Codelco solve their copper dispute?

22 August 2012 By admin

By Alexandra Ulmer SANTIAGO, Aug 21 (Reuters) - Rival mining titans Anglo American and Codelco appear poised, after months of legal wrangling, to clinch a deal in a billion-dollar dispute over coveted Chilean copper assets. Investors are betting state-owned copper company Codelco and global miner Anglo will reach a settlement before their Friday deadline and avoid … [Read more...] about Q+A- How will Anglo and Codelco solve their copper dispute?

S.Africa unlikely to make dent on joblessness-Marcus

22 August 2012 By admin

JOHANNESBURG Aug 21 (Reuters) - South Africa is unlikely to make a significant dent on its high level of unemployment even if the economy manages to grow at higher rates, Reserve Bank Governor Gill Marcus said on Tuesday. Speaking at a fundraising dinner, Marcus said the bank had been cutting its growth forecasts for the past year with GDP growth now expected to average … [Read more...] about S.Africa unlikely to make dent on joblessness-Marcus

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