Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Photo, Video

14:03 For iPhone 8 to succeed, Apple must buck history

48

17:13 Computer law expert says British hacker arrest problematic

32

12:27 GST Effect: Here Is Why The Government Has Increased Tax Rates For Hybrids Under GST

14

05:02 Google commitment to equip 10 million African youths with digital skills

21

Business

All category news

  • Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division

    September 21, 2017 7:29 AM 1

    TAIPEI/SAN FRANCISCO (Reuters) - Alphabet Inc’s Google said it would pay $1.1 billion (816 million pounds) for the division at Taiwan’s HTC Corp that develops the U.S. firm’s Pixel smartphones - its second major foray into phone hardware after an earlier costly failure. The all-cash deal will see Google gain 2,000 HTC employees, roughly equivalent to one fifth

  • Petra Diamonds Given Overweight Recommendation from J P Morgan Chase Co

    September 20, 2017 11:42 AM 1

    J P Morgan Chase & Co reaffirmed their overweight recommendation on stocks of Petra Diamonds (LON:PDL) in a study note study research released on early Tue, Sep 12th, . Firm has a GBX 140 ($1.89) price objective on the company shares. Stocks of Petra Diamonds (PDL) started trading at 71.00 on early Tue. the firms valuation is GBX 373.99 M. Petra Diamonds

  • Gem Diamonds has unveiled a 115-carat, high-quality diamond from its Letseng mine

    September 19, 2017 10:47 AM 7

    Gem Diamonds has unearthed its sixth diamond of more than 100 carats this year from its Letseng mine in Lesotho, southern Africa. Shares in the London-listed miner lifted 1.37 per cent to 71.97p in morning trading after it unveiled its high-quality 115 carat, D-colour, or near colourless, Type IIa diamond. Gem Diamonds owns 70 per cent of the Letseng

  • World Bank cuts South Africa's 2017 growth forecast

    September 19, 2017 10:18 AM 5

    JOHANNESBURG (Reuters) - The World Bank on Tuesday halved its 2017 growth forecast for South Africa after the economy fell into recession earlier this year. It said in a report that 2017 growth would probably be 0.6 percent, down from an earlier estimate of 1.1 percent. Growth is seen ticking up to 1.1 percent next year and reaching 1.7 percent in 2019. But the bank warned

  • Egypt knocks SA from top investment spot in Africa – RMB report

    September 19, 2017 7:06 AM 6

    Egypt has knocked South Africa from its long-standing top spot regarding investments in Africa, according to Rand Merchant Bank’s latest Where to Invest in Africa report for 2018, released on Monday. This is the first time SA has not been in top spot since the report was initiated seven years ago. Nigeria, on the other hand, has for the first time not featured

  • Egypt surpasses SA as top investment spot in Africa – report

    September 19, 2017 7:05 AM 10

    Egypt has knocked South Africa from its long-standing top spot regarding investments in Africa, according to Rand Merchant Bank’s latest Where to Invest in Africa report for 2018, released on Monday. This is the first time SA has not been in top spot since the report was initiated seven years ago. Nigeria, on the other hand, has for the first time not featured

  • Gem Diamonds recovers 115-carat diamond from Letseng mine

    September 19, 2017 6:56 AM 8

    Sept 19 (Reuters) - Gem Diamonds said on Tuesday it had recovered a high-quality 115-carat diamond from the Letseng mine in Lesotho. The company, which has diamond mining operations in Lesotho and Botswana, said the find follows the recovery of five other diamonds of over 100 carats so far in 2017 from Letseng. Gem Diamonds owns 70 percent of the Letseng

  • UPDATE 1-UK Stocks-Factors to watch on Sept 19

    September 19, 2017 6:52 AM 5

    Sept 19 (Reuters) - Britain’s FTSE 100 futures were down 0.08 percent ahead of the cash market open on Tuesday. * GEM DIAMONDS: Gem Diamonds said on Tuesday it recovered a high-quality 115-carat diamond from the Letseng mine in Lesotho. * SPEEDY HIRE: Industrial equipment rental company Speedy Hire said it expects full-year adjusted pretax profit to be well ahead

  • South Africa falls from top position and Nigeria drops out of Top 10

    September 19, 2017 4:10 AM 5

    is that the African continent could find itself hovering on the brink of disaster if it continues to depend on its current economic fundamentals and does not usher in economic diversification. highlights those countries which have understood the need to adapt to the prolonged slowdown in commodity prices and sluggish levels of production growth – and those

  • Petra may mothball Tanzanian diamond mine amid crackdown

    September 19, 2017 4:10 AM 4

    Net post-tax profit was $21m, down from $67m the year before. Mining profit fell to $169m from $176m. While the missed production target was important, more pressing for analysts was how Petra was managing the fallout from the government crackdown on its Williamson mine in Tanzania, which made up about 6% of operating profit. "Should Petra be unable