Fast News

The latest Fast News articles on Moneyweb.

Rand slips against the dollar

5 Oct 2023 /  Tannur Anders, Reuters
In early afternoon trade the rand was at R19.57 to the dollar.

Oil extends plunge as brent falls below $85 on demand worries

5 Oct 2023 /  Elizabeth Low and Alex Longley, Bloomberg
Brent for December settlement was 0.6% lower at $85.33 a barrel.

New cholera outbreak spreading across Zimbabwe kills up to 100 people

5 Oct 2023 /  Godfrey Marawanyika, Bloomberg
More than 4 000 people died from cholera during an outbreak in 2008 and 2009 in Zimbabwe. 

Stocks rise, dollar falls as bond selloff abates: Markets wrap

5 Oct 2023 /  Richard Henderson and Chiranjivi Chakraborty, Bloomberg
Spot gold rose 0.3% to $1 826.53 an ounce.

BlackBerry plans IPO for its internet of things business

5 Oct 2023 /  Nick Turner, Bloomberg
Investors applauded the move, sending the shares up more than 5% in late trading on Wednesday.

Only a stocks crash can rescue the bond market, Barclays says

5 Oct 2023 /  Garfield Reynolds, Bloomberg
'There is no magic level of yields that, when reached, will automatically draw in enough buyers to spark a sustained bond rally,' analysts led by Ajay Rajadhyaksha wrote in a note.

Football’s World Cup is coming to North Africa for first time

5 Oct 2023 /  Lin Cheng and Rodrigo Orihuela, Bloomberg
Morocco, Portugal and Spain will jointly host the World Cup in 2030.

Sibanye CEO warns of platinum mining job losses

4 Oct 2023 /  Felix Njini, Reuters
May be forced to close some loss-making shafts.

Who’s who in the Sam Bankman-Fried trial

4 Oct 2023 /  Ava Benny-Morrison, Bloomberg
At his peak, was the crypto industry’s golden boy. He had $16bn and a digital assets empire.

Beer-serving robots drive record demand for Korea’s biggest IPO

4 Oct 2023 /  Yoolim Lee, Bloomberg
These collaborative machines have been deployed for everything from making coffee and deep fried chicken to serving beer and handling luggage at an airport.

Barclays, StanChart plan bankers’ return to COP28 climate summit

4 Oct 2023 /  Alastair Marsh, Bloomberg
The return of bankers will create a big opportunity to talk up their efforts to help finance a quicker transition to green energy.

Stocks sink as bonds convulse, dollar rally builds: Markets wrap

4 Oct 2023 /  Tassia Sipahutar and Winnie Hsu, Bloomberg
Bitcoin was little changed at $27 393.

Oil steadies ahead of OPEC+ review and US stockpiles snapshot

4 Oct 2023 /  Elizabeth Low, Bloomberg
Brent for December settlement fell 4 cents to $90.88 a barrel.

At least 21 killed after bus falls off bridge near Venice

4 Oct 2023 /  Chiara Albanese and Tommaso Ebhardt, Bloomberg
The bus caught fire after falling off an overpass near the Mestre railway station on the mainland across from Venice.

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