* Rand licks wounds after ECB disappointment * Traders await U.S. payrolls numbers at 1230 GMT JOHANNESBURG Aug 3 (Reuters) - South Africa's rand weakened against the dollar on Friday after the European Central Bank decided to delay any remedy for the region's debt crisis, sending Spanish and Italian borrowing costs higher and denting investors' appetite for risky … [Read more...] about S.Africa’s rand under pressure
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UPDATE 1-Sappi’s Q3 loss widens y/y, outlook tough
* Q3 diluted headline loss at 20 U.S cts per share * Q3 operating profit steady at $60 mln * Sees tough market conditions ahead (Add details) JOHANNESBURG, Aug 3 (Reuters) - South African paper maker Sappi said on Friday its third-quarter loss widened by 54 percent, hit by slow demand and planned annual maintenance shutdowns, and the company expected market … [Read more...] about UPDATE 1-Sappi’s Q3 loss widens y/y, outlook tough
INTERVIEW-Drugmaker GSK chases volume over profit in Africa
* New unit seeks fivefold volume increase in 5 years * Remit is 50 percent business, 50 percent reputation * 2012 sales expect to double to around 150 mln pounds By Ben Hirschler LONDON, Aug 3 (Reuters) - Can you mix corporate do-gooding and hard-nosed business? GlaxoSmithKline thinks so. The British drugs giant is having some early success with a novel … [Read more...] about INTERVIEW-Drugmaker GSK chases volume over profit in Africa
Olympics-Men’s hockey Pool A
LONDON, Aug 3 (Reuters) - Australia drew with Argentina 2-2 at the Riverbank Arena in London in the Olympic men's hockey Pool A at the 2012 London Games on Friday. Australia leads the Olympic men's hockey Pool A round with 7 points. Britain and Pakistan are currently second with 4 points each. Results Table Australia 2 Argentina 2 STANDINGS P … [Read more...] about Olympics-Men’s hockey Pool A
REFILE-TABLE-Results of S.Africa’s CPI-linked bond sale
(Refiles to fix formatting) JOHANNESBURG, Aug 3 (Reuters) - South Africa sold a total 800 million rand ($97 million) of its inflation-linked I2025, I2038 and I2050 bonds on Friday. I2025 bond due 31 Jan 2025 - 2.0 percent coupon Auction date August 3 July 27 July 20 Allocated (R'mln) 100 200 … [Read more...] about REFILE-TABLE-Results of S.Africa’s CPI-linked bond sale
