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LATEST Fast News  

Global traders given Evergrande reprieve as PBOC adds liquidity

22 Sep 2021 /  Bloomberg News  
And investors mulled a vaguely-worded statement from the troubled developer about an interest payment.

Africa’s worst-performing debt is facing inflation hurdle

22 Sep 2021 /  Colleen Goko and Prinesha Naidoo, Bloomberg  
Consumer prices climbed 4.9% in August from a year earlier.

SA challenged over plans for new coal fired power plants

22 Sep 2021 /  Antony Sguazzin, Bloomberg  
The groups argue that the recent decision by the government to allow private companies to build power plants of up to 100 megawatts to be built without a generation license negates the need for more coal.

The chip crunch grows worse as wait times hit record 21 weeks

22 Sep 2021 /  Ian King, Bloomberg   1
Chip lead times, the gap between ordering a semiconductor and taking delivery, increased by 6 days to about 21 weeks in August.

Bitcoin drops below $40 000

22 Sep 2021 /  Dave Liedtka and Joanna Ossinger, Bloomberg   1
Amid regulatory drumbeat, Fed risk.

Evergrande watchers may finally get a hint about China’s stance

22 Sep 2021 /  Tian Chen, Bloomberg  
Training their crosshairs on the central bank’s liquidity management.

China to stop building new coal-fired power projects abroad

22 Sep 2021 /  Bloomberg News   1
Threatening to end one of the last sources of international funding for the dirtiest fossil fuel. 

Netflix nears deal to buy ‘Willy Wonka’ creator’s catalog

22 Sep 2021 /  Lucas Shaw, Bloomberg  
Potentially snaring a catalog that has sold more than 200m copies worldwide, including 'Charlie and the Chocolate Factory.'

Democrats push to suspend debt ceiling

22 Sep 2021 /  Erik Wasson, Bloomberg  
As GOP balks.

Takatso says it is still in talks over South African Airways investment

22 Sep 2021 /  Emma Rumney, Reuters   1
The transaction was large and complex and so might take time to finalise, it said in an emailed statement.

SA grants Turkey’s Karpowership licences for floating power generation

22 Sep 2021 /  Wendell Roelf, Reuters   8
Nersa confirmed in a statement that it had approved a total of seven power generation licences for preferred bidders, including three for Karpowership.

IMF calls for coordinated action, accountability in Covid-19 battle

22 Sep 2021 /  Andrea Shalal, Reuters  
To ensure that the world meets a target of vaccinating 40% of people in every country against Covid-19 by the end of 2021.

Shell investors get surprise $7bn payout on shale deal

21 Sep 2021 /  Lynn Doan, Kevin Crowley and Laura Hurst, Bloomberg  
The cash pledge comes less than two months after Shell raised its dividend by almost 40% and started $2 billion of share buybacks.

Facebook says it has spent $13bn on safety, security

21 Sep 2021 /  Kurt Wagner, Bloomberg  
Now has 40 000 employees working on those issues.

PayPal wades into savings account battle with revamped App

21 Sep 2021 /  Jenny Surane, Bloomberg  
'The last 12 to 18 months have been some of the most productive in terms of pacing from a product perspective in the enterprise’s history,' Julian King said.
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