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  • Glencore to buy controlling stake in Chevron’s Southern Africa assets

    October 6, 2017 10:50 AM 19

    Company to buy 75% of Chevron’s South Africa and Botswana assets. Glencore agreed to buy a controlling stake in Chevron Corporation’s assets in Southern Africa for $973 million, expanding its move into the downstream fuel business and marking the Swiss commodity giant’s second big deal this week. Chevron agreed in March to sell its stake to China Petroleum

  • Glencore Adds African Oil to Peruvian Zinc in Bumper Deal Week

    October 6, 2017 10:49 AM 20

    Glencore Plc agreed to buy a controlling stake in Chevron Corp. assets in Southern Africa for $973 million, expanding its move into the downstream fuel business and marking the Swiss commodity giant’s second big deal this week. Glencore said Friday it will buy 75 percent of Chevron’s South African and Botswanan business from minority black investors

  • Glencore to buy Chevron South Africa stake, Chevron Botswana

    October 6, 2017 9:57 AM 22

    (Reuters) - Miner and commodities trader Glencore (GLEN.L) said it had agreed to buy a 75 percent stake in Chevron’s (CVX.N) South Africa unit and all of Chevron Botswana for $973 million (744.68 million pounds). The assets include Chevron’s interests in its manufacturing, retail and industrial supply business in South Africa and Botswana, Glencore said in a statement

  • Firestone Diamonds Target Price Trimmed to GBX 55 by Brokerages at Macquarie

    October 6, 2017 9:46 AM 5

    Firestone Diamonds (LON:FDI) had the target price cut by Macquarie from GBX 60 ($0.80) to GBX 55 ($0.73) in a study report announced on early Mon. They presently have an outperform recommendation on the share. Stocks of Firestone Diamonds (LON FDI) started trading at 23.50 on early Mon. the firms market valuation is GBX 73.54 M. the firms 50 Day SMA is GBX 29.47 and its 200 day SMA is GBX 39.87. Firestone

  • Leopard Enters Maruti's Manesar Plant

    October 5, 2017 2:01 PM 15

    Gurgaon: A leopard was spotted early this morning in Maruti Suzuki's plant in Manesar here following which police and forest officials cordoned off the premises and launch a search for the wild cat, the police said. The leopard was found roaming inside the 'Engine Department' at around 4 am by a security personnel on duty. Thousands of workers, who arrived

  • Coca Cola Bottling Co Consolidated

    October 5, 2017 9:16 AM 21

    Investors sentiment decreased to 1.87 in 2017 Q2. Its down 0.22, from 2.09 in 2017Q1. It turned negative, as 9 investors sold Coca-Cola Bottling Co Consolidated shares while 29 reduced holdings. 25 funds opened positions while 46 raised stakes. 3.44 million shares or 4.09% less from 3.59 million shares in 2017Q1 were reported. Goldman Sachs holds 36,557 shares

  • AB InBev completes deal to sell interest in Coca-Cola Beverages Africa

    October 5, 2017 8:45 AM 7

    Anheuser-Busch InBev (AB InBev) said on Thursday it had completed a deal to sell its 54.5% in Coca-Cola Beverages Africa. The controlling stake was sold to Coca-Cola, the world’s largest soft-drink maker, for $3.15bn. AB InBev said the two parties were finalising the terms of the deal, in which Coca-Cola will acquire AB InBev’s interest in, or the bottling

  • Bulls and Bears Should Watch Saudi Arabia’s Crude Oil Production

    October 3, 2017 2:24 PM 4

    Saudi Arabia’s crude oil production   Saudi Arabia is OPEC’s largest crude oil producer. A Reuters survey estimates that Saudi Arabia’s crude oil production rose by 20,000 bpd (barrels per day) to 10 MMbpd (million barrels per day) in September 2017—compared to August 2017. Production rose for the first time in three months despite major oil producers’

  • Firestone recovers its largest diamond to date

    October 3, 2017 6:46 AM 8

    JOHANNESBURG (miningweekly.com) – Aim-listed Firestone Diamonds has recovered its largest diamond to date – a 134 ct gem-quality light yellow diamond – from its Liqhobong mine, in Lesotho. The company believes the recovery, which is the second 100 ct-plus diamond recovered since production started, reinforced the potential for large stones at Liqhobong

  • Air France A380 Makes Emergency Landing After Engine Blows Apart

    October 1, 2017 1:53 PM 8

    An Airbus SE A380 superjumbo operated by Air France was forced to make an emergency landing in eastern Canada after one of its four engine broke apart over the Atlantic Ocean. The aircraft was flying from Paris to Los Angeles when the “serious incident” occurred, prompting the pilots to land in Goose Bay, Labrador, the airline said Sunday in a statement