Business Blog

GLOBAL MARKETS-Dollar sweeps to 14-month high on rate hike views

* Dollar strikes six-year peak on yen, 14-month top on euro* Japanese stocks near highest since 2008 as yen falls* Oil, gold prices pressured by rising dollar(Adds U.S. market open; changes dateline; previous LONDON)By Herbert LashNEW YORK, Sept 9 (Reuters) - The U.S. dollar jumped to a 14-month high against the euro on Tuesday as investors bet the Federal Reserve would hike interest rates earlier
  806 Hits

Gold production at Robex's Mali mine to start by year-end

BAMAKO, Sept 9 (Reuters) - Canada's Robex Resources RBX.V expects to pour the first bar of gold from its Nampala mine in southern Mali by the end of this year, the company's country manager said on Tuesday. Toronto- and Frankfurt-listed Robex...

Copyright

© Zawya.com

  852 Hits

GCC takaful contribution to reach USD8.9b in 2014- report

GCC gross takaful contribution is estimated to reach around USD 8.9 billion in 2014 from an estimated USD 7.9 billion in 2013, according to EY.

Copyright

© Zawya.com

  799 Hits

Nigeria naira falls to 7-week low on strong dollar demand

LAGOS, Sept 9 (Reuters) - Nigeria's naira NGN=D1 fell 0.28 percent against the dollar on Tuesday to its weakest level in seven weeks, hit by strong demand from foreign exchange users and a squeeze in availability of the U.S. currency. The local...

Copyright

© Zawya.com

  790 Hits

Gers win cash freeze appeal right

Rangers are granted leave to appeal against a decision to freeze £620,000 of club assets over a legal dispute with former director Imran Ahmad.

Copyright

© Zawya.com

  811 Hits

CORRECTED-Mozambique inflation quickens to 2.95 percent year/year in July

(Corrects July CPI in Aug 6 story) MAPUTO, Aug 6 (Reuters) - Mozambique's consumer inflation quickened to 2.95 percent year-on-year in July from 2.75 percent in June, data from the INE statistics office showed on Wednesday. (Reporting by Manuel...

Copyright

© Zawya.com

  833 Hits