News Wire

Barrick details proposal to settle Acacia dispute with Tanzania

20/02 Canadian miner Barrick Gold outlined on Wednesday details of a deal it reached with the government of Tanzania to settle its disputes with Acacia Mining, including a $300 million payment to resolve tax claims in the country.  Full story

S.Korea Q4 household disposable income logs first rise in 10 quarters

05h00 South Korea's average real household disposable income picked up for the first time in more than two years in the final quarter of 2018, narrowly avoiding a further decline and adding to policy woes. . .  Full story

Oil ticks over near 2019 highs amid OPEC cuts, but economic slowdown applies brakes

04h59 Oil prices hovered close to 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were prevented from rising further by slowing growth in the global economy.. . .  Full story

Wheat prices inch up from 7-mth low, but soybeans edge down

04h54 U.S. wheat futures on Thursday inched further away from a seven-month low touched in the previous session, but gains were checked as North American supply struggled to attract strong international demand.. . .  Full story

Australian regulator investigates trading in pay-later stocks

04h52 Australia's corporate watchdog said it is investigating share trading in buy-now, pay-later lending companies that occurred following the release of a confidential report to lawmakers with potential implications for regulation of the sector.. . .  Full story

Japan auto lobby hopes Trump makes 'appropriate decision' on trade

04h48 Japan's auto industry lobby on Thursday called on U.S. President Donald Trump to make an "appropriate decision" on trade rules governing imported vehicles, repeating its stance that Japanese-made cars posed no threat to U.S. national. . .  Full story

Nikkei snaps 3-day winning streak, exporters retreat

04h48 Japan's Nikkei retreated on Thursday as investors took a breather after a 3-day rally even as broader market losses were contained by optimism around U.S.-China trade talks.. . .  Full story

Australian dollar whipsawed by jobs surge, rate call

04h46 The Australian dollar was whipsawed on Thursday as a resoundingly strong jobs report sent it flying, only to be brought to earth by a forecast of rate cuts from one of the major local. . .  Full story

Anglo American suspends operations at Australian coal mine after fatality

04h38 Anglo American said on Thursday it has suspended operations at its Moranbah North coking coal mine in Australia after one worker died and several were injured on Wednesday.. . .  Full story

U.S., China drafting memorandums for possible trade deal

04h38 Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues in their seven-month trade war.. . .  Full story

U.S., China sketch outlines of deal to end trade war -sources

04h38 The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade war, according to sources. . .  Full story

Dollar inches up after Fed minutes, trade issues back in view

04h37 The dollar inched up on Thursday after minutes from the Federal Reserve's last meeting revived expectations for a possible U.S. rate hike this year while investors shifted their focus back to trade issues for. . .  Full story

Australia posts bumper jobs run but soft outlook keeps rate cut views alive

04h26 Australia's jobs growth surged past all expectations in January as firms took on more full-time staff while the jobless rate stayed at its lowest in seven years, barnstorming performance that will boost policymakers confidence in. . .  Full story

New Zealand finds fruit fly that could threaten crops, ramps up monitoring

04h21 New Zealand on Thursday set up hundreds of traps around the country's largest city of Auckland after finding a second Queensland fruit fly, a species that poses a risk to the country's multi-billion dollar horticulture. . .  Full story

Copper eases from 7-month peak as dollar firms on Fed minutes

04h19 London copper prices eased in early Asian trade on Thursday, retreating from a seven-month peak hit in the previous session, as the dollar firmed after the Federal Reserve revived expectations for a possible U.S.. . .  Full story

Asian currencies drop; Philippine peso, Thai baht lead declines

04h19 The following table shows rates for Asian currencies against the dollar at 0211 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at. . .  Full story

France's Wendel to sell 40 pct stake in Allied Universal to Canada fund

04h17 French investment firm Wendel SE said on Thursday it would sell about 40 percent of its equity stake in security services company Allied Universal to Caisse de dépôt et placement du Québec (CDPQ) at. . .  Full story

Standard Chartered sets aside $900 mln to cover U.S., British fines

04h05 Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from investigations by regulators in Britain and the United States, it said on Thursday, sending its shares down 1 percent.. . .  Full story

Ecuador inks $4.2 billion financing deal with IMF -Moreno

04h03 Ecuador has reached a $4.2 billion staff-level financing deal with the International Monetary Fund (IMF), President Lenin Moreno said on Wednesday, as the Andean country grapples with a large fiscal deficit and heavy external debt.. . .  Full story

S.Korea stocks decline as institutions sell

04h02 Round-up of South Korean financial markets: ** South Korean shares fell on Thursday due to selling by institutions after the previous session's sharp gains, while there was muted reaction to the. . .  Full story

Australia shares nudge up on Wesfarmers boost; NZ firms

03h49 Australian shares edged higher on Thursday, supported by a jump in profit from conglomerate Wesfarmers that offset losses among resource stocks.. . .  Full story

Gold hovers near 10-mth peak amid steady dollar after Fed minutes

03h19 Gold prices were firm near a 10-month peak on Thursday, with the dollar holding steady in the wake of minutes from the latest U.S. Federal Reserve meeting that rekindled expectations of a possible rate. . .  Full story

Asia shares steady after Fed minutes, Aussie rallies

03h17 Asian shares held near 4-1/2-month highs on Thursday after U.S. Federal Reserve minutes affirmed it would be "patient" on interest rate rises and risk assets got a lift from hopes of further progress in. . .  Full story

Controversial Alaska gold-copper mine moves step closer to approval

03h13 The world's biggest undeveloped gold and copper mining project, planned in southwestern Alaska near the largest fishery for sockeye salmon globally, moved a step closer to approval on Wednesday after the U.S. Army Corps of. . .  Full story

COLUMN-Saudi Arabia resumes familiar role as swing producer: Kemp

03h00 Saudi Arabia has resumed its traditional role as the swing producer, sharply reducing its own output to tighten the oil market and push prices higher.. . .  Full story

Japan manufacturing shrinks for first time since 2016 amid trade war - PMI

02h51 Japanese manufacturing activity contracted in February for the first time in two-and-a-half years as factories cut output amid shrinking domestic and export orders, a private business survey showed on Thursday.. . .  Full story

Risk of no-deal Brexit has risen - UK Home Secretary Sajid Javid

02h18 Britain's Home Secretary Sajid Javid said on Wednesday that the risk of a no-deal Brexit has risen and that the option could not be taken off the table.. . .  Full story

UK investor body to apply red warning if a company's board lacks women

02h01 Britain's top companies face a red warning if they don't have more than one woman on their board, the Investment Association said on Thursday, adding to pressure for more female representation at top levels. . .  Full story

Southwest shares drop as mechanics dispute escalates

01h50 Southwest Airlines Co's shares fell more than 5 percent on Wednesday after the low-cost U.S. carrier said it was investigating whether a conflict with its mechanics union was leading to a spike in flight. . .  Full story

Australia's east coast LNG plants unlikely to ever hit full capacity -study

01h49 Australia's three east coast liquefied natural gas (LNG) plants are unlikely to ever run at their combined full capacity of 25.3 million tonnes a year as there is not enough gas to feed them. . .  Full story

Millicom spends $1.65 bln on Telefonica Central America mobile businesses

01h48 Millicom International Cellular , a cable and mobile operator in Latin America and Africa, said on Wednesday it bought the mobile telecommunications assets of Spain's Telefonica in Panama, Costa Rica and Nicaragua for $1.65 billion. . .  Full story

Britain managing Huawei risks, has no evidence of spying - official

00h57 Britain is able to manage the security risks of using Huawei telecoms equipment and has not seen any evidence of malicious activity by the company, a senior official said on Wednesday, pushing back against. . .  Full story

-Barrick details proposal to settle Acacia dispute with Tanzania

00h47 Canadian miner Barrick Gold outlined on Wednesday details of a deal it reached with the government of Tanzania to settle its disputes with Acacia Mining , including a $300 million payment to resolve tax. . .  Full story

Australia's Westpac sued for making loans consumers could not repay

00h47 Australia's Westpac Banking Corp was sued on Thursday by consumers who said the bank made them loans they could not afford to repay and in violation of banking regulations.. . .  Full story

Australia's Santos posts record profit on higher oil & gas prices

00h35 Santos Ltd, Australia's No. 2 independent gas producer, reported on Thursday a more than two-fold rise in annual underlying profit, helped by the acquisition of Quadrant assets and higher realised prices for its oil and. . .  Full story

Latam FX weaker as dollar firms after Fed minutes

00h22 Most Latin American currencies softened on Wednesday against the dollar after minutes from the U.S. Federal Reserve's latest policy meeting turned out to be less dovish than expected, while a drop in Brazilian shares. . .  Full story

Fitch may cut UK's 'AA' rating on Brexit uncertainty

00h21 Fitch Ratings said on Wednesday it may downgrade the United Kingdom's 'AA' debt rating based on growing uncertainty about the negotiations between Britain and the European Union over the nation's departure from the economic bloc. . .  Full story

Lyft plans to launch its IPO roadshow week of March 18 -sources

00h14 Lyft Inc plans to launch the roadshow for its initial public offering during the week of March 18, making it the first U.S. ride-hailing company to debut in the stock market, people familiar with. . .  Full story

C$ beats G10 peers as oil climbs to highest this year

00h00 The Canadian dollar strengthened against its U.S. counterpart on Wednesday to its highest in two weeks, posting the biggest rise among its peers, as oil prices rallied and ahead of speech on Thursday by. . .  Full story

Albemarle bullish on lithium outlook after 4th quarter profit

20/02 Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make. . .  Full story

Brazil's Odebrecht to propose bondholder losses of over 70 pct -sources

20/02 Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from their bonds' face value as part of a restructuring, two sources with knowledge of. . .  Full story

Wall St ends up slightly as Fed minutes support cautious stance

20/02 U.S. stocks ended higher on Wednesday after minutes from the Federal Reserve's last meeting reaffirmed for investors that the U.S. central bank would be "patient" with respect to further interest rate hikes.. . .  Full story

Corona maker Constellation looking to offload some wine brands

20/02 Corona maker Constellation Brands Inc said on Wednesday it was looking to sell some of its lower-end wine brands, as it concentrates on the more profitable high-end segment.. . .  Full story

Fitch may lower UK's 'AA' rating on Brexit uncertainty

20/02 Fitch Ratings said on Wednesday it may downgrade the United Kingdom's 'AA' debt rating based on growing uncertainty on the negotiations between Britain and the European Union over the nation's departure from the economic. . .  Full story

Argentina posts January primary fiscal surplus of 16.7 bln pesos

20/02 Argentina posted a primary fiscal surplus of 16.658 billion pesos ($446 million) in January, the treasury said on Wednesday, as the country looks to recover from economic turmoil and a recession last year.. . .  Full story

-"Time of the essence," says May on latest Brussels shuttle

20/02 British Prime Minister Theresa May held "constructive" talks in Brussels on Wednesday as she sought concessions on Brexit from a sceptical European Union, her strategy under strain after the defection of three lawmakers.. . .  Full story

Lyft plans to launch IPO roadshow week of March 18 -sources

20/02 Lyft Inc plans to launch the roadshow for its initial public offering (IPO) during the week of March 18, making it the first U.S. ride-hailing company to debut in the stock market, people familiar. . .  Full story

Fed flags end to balance sheet runoff, patience on rates

20/02 The Federal Reserve on Wednesday signaled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but policymakers are still debating how long their newly. . .  Full story

Australia shares to open marginally higher, NZ up

20/02 Australian shares are expected to edge higher on Thursday, tracking modest gains on Wall Street, amid weak earnings from consumer and property companies that have raised concerns about the condition of the country's economy.. . .  Full story

Palladium surges past $1,500/oz for first time, gold steadies

20/02 Palladium jumped above the $1,500 per ounce mark for the first time on Wednesday, propelled by a stark supply deficit, while gold steadied near a 10-month peak as doubts lingered over future rate hikes. . .  Full story

U.S. health spending to rise 5.5 pct per year over next decade - CMS

20/02 U.S. health spending is expected to grow at an average rate of 5.5 percent every year from 2018 over the next decade and will reach nearly $6 trillion by 2027 as more people become. . .  Full story

Asia push, Wall St support lift stocks; oil rises

20/02 World stocks rose on Wednesday, hitting a four-month high on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk. . .  Full story

Brazil could export more pork to Asia amid swine fever outbreak -minister

20/02 Brazil could boost its pork exports to Asian countries as a result of an outbreak of African swine fever in China, Brazilian Agriculture Minister Tereza Cristina Dias said on Wednesday.. . .  Full story

CVS profit miss, rebate questions send shares tumbling 8 pct

20/02 CVS Health Corp on Wednesday forecast 2019 profit well below Wall Street estimates due to weakness in its pharmacy business that serves long-term care facilities and slower than anticipated growth in drug prices, sending shares. . .  Full story

U.S. judge dismisses boys' lawsuit against Trump climate rollbacks

20/02 A federal judge has dismissed a lawsuit by two Pennsylvania boys and an environmental group seeking to stop U.S. President Donald Trump from rolling back regulations addressing climate change, saying the court does not. . .  Full story

Dollar rises vs yen, trims losses vs euro after Fed minutes

20/02 The dollar gained against the yen and cut losses versus the euro on Wednesday after the Federal Reserve, in the minutes of its latest policy meeting, said the U.S. economy and its labor market. . .  Full story

Yields rise after FOMC minutes show 2019 hikes still possible

20/02 U.S. Treasury yields on Wednesday ticked up modestly after the publication of minutes from the Federal Reserve's January policy meeting showed committee members were undecided on whether to hike interest rates again this year.. . .  Full story

Oil settles 1 pct higher on hopes of market rebalance, trade deal

20/02 Crude prices rose more than 1 percent on Wednesday to their highest level this year on hopes that oil markets will balance later this year, helped by output cuts from top producers as well. . .  Full story

CBOT wheat plunges to 7-month low, soybeans rebound

20/02 Chicago Board of Trade wheat futures plunged yet again on Wednesday as traders fretted over lagging U.S. exports despite them being competitively priced in the global market.. . .  Full story

Trump threatens tariffs on European cars if no EU trade deal

20/02 President Donald Trump on Wednesday said the United States would impose tariffs on European car imports if it cannot reach a trade deal with the European Union.. . .  Full story

EU's Tusk: Longer Brexit talks would be better than no deal

20/02 Brexit negotiations might be extended if Britain fails to work out a sensible deal for leaving the European Union, European Council President Donald Tusk said on Wednesday.. . .  Full story

Cotton futures flat with focus on trade talks, USDA report

20/02 ICE cotton futures were mostly unchanged on Wednesday, as investors looked forward to the weekly exports sales report by the U.S. Department of Agriculture (USDA) and kept a close watch on U.S.-China trade talks. . .  Full story

Up to 15 British ministers may vote to stop UK from leaving EU on March 29-Bloomberg

20/02 As many as 15 British government ministers may vote to stop the United Kingdom leaving the European Union on March 29 in the event that no Brexit deal has been agreed, Bloomberg reported on. . .  Full story

Italian payment services group SIA may list on stock market -CEO

20/02 Italian payment services group SIA is considering an initial public offering which could value the company at 3.5 billion euros ($4 billion), Chief Executive Nicola Cordone said on Wednesday.. . .  Full story

Renault's outlook cut to "negative" by rating agency Standard & Poor's

20/02 Credit rating agency Standard & Poor's cut its outlook on carmaker Renault to "negative" from "stable", citing broader challenges within the automotive sector that could hit its profits.. . .  Full story

Southwest shares drop as mechanics labor dispute escalates

20/02 Southwest Airlines Co's shares fell as much as 6 percent on Wednesday after the low-cost carrier said it was investigating whether a conflict with its mechanics union was leading to a spike in flight. . .  Full story

Italy's Terna taps Santander to raise cash for Latam business - sources

20/02 Italian power grid operator Terna has hired Spanish bank Santander to scout investors that could plough cash into its transmission businesses in Brazil, Peru and Uruguay, four sources familiar with the matter told Reuters.. . .  Full story

Volvo Cars raises $215 mln in bond issue months after failed IPO

20/02 Sweden's Volvo Cars has raised some 2 billion Swedish crowns ($215 million) in a bond issue just five months after the Chinese-owned carmaker terminated plans for a stock market flotation, blaming trade tensions and. . .  Full story

Low stocks propel copper prices to 7-month high

20/02 Copper prices hit a seven month peak on Wednesday as the market worried about low stocks ahead of seasonally strong demand in top consumer China, while rising hopes of an end to the U.S.-China. . .  Full story

Bangladesh PM's office revives Swiss trader AOT's LNG supply deal

20/02 Bangladesh's prime minister has given the nod to a multi-billion dollar LNG supply deal with Swiss trader AOT Energy but the energy ministry will make a final decision on whether it goes ahead, an. . .  Full story

Garmin shares surge 15 pct as new direction fuels strong forecast

20/02 Garmin Ltd on Wednesday forecast full-year revenue and profit above expectations along with strong fourth-quarter results, sending its shares up 15 percent to their highest in more than a decade.. . .  Full story

Sainsbury's sinks but Lloyds, trade hopes lift FTSE 100

20/02 London's main bourse rose as Lloyds gained after promising to return cash to shareholders and optimism prevailed over China-U.S. trade talks.. . .  Full story

Estonia investigates alleged Swedbank link to money laundering scandal

20/02 Estonia is investigating allegations linking Swedbank to suspicious transactions in the country involving Danske Bank, Estonia's state prosecutor said on Wednesday.. . .  Full story

North Sea producer Verus Petroleum goes up for sale -sources

20/02 Private equity firm HitecVision is seeking to sell its British North Sea oil and gas production unit Verus Petroleum, which last year completed a string of large acquisitions ramping up its output, industry and. . .  Full story

Germany resists pressure to ease Saudi arms export halt

20/02 Germany is sticking to its weapons exports freeze to Saudi Arabia, the government said on Wednesday, resisting pressure to soften its stance after criticism from Britain and defence firms, including Airbus, who argue it is. . .  Full story

Union calls on Fresenius hospital staff to strike

20/02 German trade union Verdi said on Wednesday it was calling on staff at Fresenius SE's hospitals division Helios to take strike action to underpin demands for higher wages.. . .  Full story

Retailer FNAC Darty confirms medium-term targets as 2018 profits rise

20/02 French electronics goods retailer FNAC Darty, which like many in its sector has been impacted by the country's "Yellow Vests" protests, reported higher profits and confirmed targets for stronger margins and outperforming its market.. . .  Full story

Trade talks keep European shares afloat as Sainsbury's, Swedbank sink

20/02 Trade talks between the world's two biggest economies helped European shares rise on Wednesday, while the threat of a blocked merger sank shares in British supermarket Sainsbury's and a money laundering scandal hit Swedbank.. . .  Full story

White House readies panel to question security risks of climate

20/02 The White House is readying a presidential panel that would question U.S. military and intelligence reports showing human-driven climate change poses risks to national security, according to a document seen by Reuters on Wednesday.. . .  Full story

EU won't renegotiate Brexit deal - Spain foreign ministry source

20/02 The European Union will not agree to renegotiate the deal on Britain's exit from the bloc but there might be some margin of manoeuvre for a statement on the Irish backstop, a Spanish foreign. . .  Full story

Bosniak-Croat region adopts delayed, tight 2019 budget

20/02 Bosnia's autonomous Bosniak-Croat Federation passed a budget for 2019 on Wednesday, averting a threatened protest by farmers who stand to receive subsidies and following political bickering that delayed the formation of the regional parliament's upper. . .  Full story

Sterling weakens after UK lawmakers quit PM May's party over Brexit

20/02 Sterling weakened on Wednesday after three lawmakers defected from Prime Minister Theresa May's ruling Conservative party in a move that could undermine her Brexit strategy.. . .  Full story

Sainsbury's-Asda deal in jeopardy as UK regulator condemns plan

20/02 Britain's competition regulator has dealt a potentially fatal blow to Sainsbury's planned $9.5 billion takeover of Walmart's Asda, saying the supermarket groups are unlikely to be able to address its "extensive" concerns about the deal.. . .  Full story

HollyFrontier profit beats, shares slip on weak lubricant sales

20/02 U.S. oil refiner HollyFrontier Corp's quarterly profit beat was overshadowed by weak performance in its lubricants and specialty products business, sending its shares down as much as 4 percent on Wednesday.. . .  Full story

Kinder Morgan to expand Chicago ethanol hub to calm glut concerns -sources

20/02 Kinder Morgan Inc will expand barge-loading capacity at its ethanol terminal in Chicago to help relieve a supply glut there that is driving down global prices for the biofuel, three people briefed on the company's. . .  Full story

Bristol-Myers says Starboard nominated five directors, bought shares

20/02 Bristol-Myers Squibb Co said on Wednesday that activist hedge fund Starboard Value LP intends to nominate five directors to the U.S. drugmaker's board, one month after it announced a $74 billion deal to acquire. . .  Full story

Nigeria ready to reduce oil output to boost prices - statement

20/02 Nigeria is willing to reduce oil output to help secure higher prices, the spokesman for President Muhammadu Buhari said in a statement on Wednesday, after an envoy from Saudi Arabia called on the African. . .  Full story

Cypriot bond yields tumble after stellar bond sale

20/02 Government bond yields in tiny Cyprus tumbled on Wednesday and stood out as the star performer in euro zone debt markets, a day after a 15-year bond sale drew solid demand in a further. . .  Full story

-UAE eases Qatar shipping ban amid continuing dispute

20/02 The United Arab Emirates has eased a ban on the shipping of goods between it and Qatar enforced under a political and economic boycott of Doha, according to port circulars and an industry source.. . .  Full story

Daimler risks fine as German prosecutors launch new probe

20/02 German prosecutors have launched a probe into Daimler for allegedly failing to prevent diesel emissions cheating, possibly resulting in a fine for the carmaker, as its legal woes mount up over the affair.. . .  Full story

Tesla's top lawyer leaves two months into the job

20/02 Tesla Inc said on Wednesday its general counsel Dane Butswinkas is leaving the electric carmaker just two months into the job, the latest in a string of top-level departures at the company.. . .  Full story

Finnish power consumption at all-time high in January

20/02 Finland's electricity consumption reached an all-time monthly high in January, industry lobby group Finnish Energy (ET) said on Wednesday, citing increased industrial needs due to the economy's upturn and a colder than usual winter.. . .  Full story

Saudi Aramco in talks on further Indian investments

20/02 Saudi Aramco, the world's top oil exporter, is in talks on possible investments in Indian projects involving companies including Reliance Industries , operator of the world's biggest refining complex, its chief executive said on. . .  Full story

Saudi Arabia resumes familiar role as swing producer: Kemp

20/02 Saudi Arabia has resumed its traditional role as the swing producer, sharply reducing its own output to tighten the oil market and push prices higher.. . .  Full story

Germany, France close to deal on new euro zone budget

20/02 Germany and France have broadly agreed a detailed proposal for a new euro zone budget and will present their final joint position in the coming days, German Finance Minister Olaf Scholz said on Wednesday.. . .  Full story

Pension reform plan in focus in Brazil, Latam currencies mixed

20/02 Stocks in Brazil steadied on Wednesday as market focus remained on the government's proposal for pension reform, which is aimed at helping curb the country's mounting fiscal deficit. Latin American currencies. . .  Full story

UBS to appeal after fined 4.5 billion euros in French tax fraud case

20/02 A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties.. . .  Full story

Credit Suisse loses bid to dismiss lawsuit in U.S. over writedowns

20/02 A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on. . .  Full story

Spain's Iberdrola brings growth targets forward one year

20/02 Leading global wind power producer Iberdrola pledged to speed up its growth plans by one year on Wednesday after reporting a 27.7 percent annual rise in core profit in 2018.. . .  Full story

C$ posts 2-week high as trade talks hopes boost sentiment

20/02 The Canadian dollar strengthened on Wednesday to its highest in two weeks against the greenback, posting the biggest rise among its peers, as global stocks were boosted by hopes of progress in trade talks. . .  Full story

Ivory Coast cuts 2019 cashew farmgate price 25 pct

20/02 Ivory Coast has cut the 2019 farmgate price for cashews to 375 CFA francs ($0.6498) per kilogram from 500 CFA francs, the head of the state cotton and cashew council said on Wednesday.. . .  Full story

TSX moves higher as gold powers gains in material stocks

20/02 Gains in material companies pulled higher Canada's main stock index on Wednesday, as gold prices rose on hopes of a trade deal between the United States and China.. . .  Full story

Deutsche Bank to rebuild in South Africa, months after cuts

20/02 Deutsche Bank is hiring 26 people in South Africa, a spokesman said on Wednesday, less than a year after scaling back the operation in a broad restructuring of its investment bank.. . .  Full story

-Deutsche Bank to rebuild in South Africa, months after cuts

20/02 Deutsche Bank is hiring 26 people in South Africa, a spokesman said on Wednesday, less than a year after scaling back the operation in a broad restructuring of its investment bank.. . .  Full story

Zloty hits 16-month low vs forint on dovish rate outlook

20/02 The zloty eased against the euro on Wednesday and hit a 16-month low against the forint as concerns about an economic slowdown in Europe offset data showing strong growth in Polish industrial output.. . .  Full story