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News

19 Dec UPDATE 2-South African Airways has reasonable chance of rescue – specialist

Posted at 13:50h in News by KMFSLLP 0 Comments

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* SAA is deeply in debt and has been making losses since 2011

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19 Dec EXPLAINER-What it means for South African Airways to be in ‘business rescue’

Posted at 13:46h in News by KMFSLLP 0 Comments

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Plagued by debt and years of mismanagement, state-owned South African Airways (SAA) has been placed into business rescue - South Africa's bankruptcy protection process - in a last-ditch attempt to save the national carrier.

19 Dec Remgro-backed telecoms firm speeds up broadband expansion after $1 bln debt deal

Posted at 13:46h in News by KMFSLLP 0 Comments

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A South African telecoms company backed by investment firm Remgro plans to expand its high-speed broadband network after completing a 16 billion rand ($1 billion) debt restructuring this week.

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19 Dec COLUMN-Doctor Copper ends 2019 with a new-found spring in his step: Andy Home

Posted at 13:37h in News by KMFSLLP 0 Comments

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Doctor Copper is ending the year on a high note.

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19 Dec Takeover target PNE wins 30 MW in German onshore wind tender

Posted at 13:33h in News by KMFSLLP 0 Comments

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Wind farm developer and takeover target PNE AG won around 30 megawatts in Germany's latest onshore wind auction, a spokesman said on Friday, capturing a 6% share of the total on offer.

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19 Dec CORRECTED-FOCUS-Novartis wins Medicaid approval for new sickle cell drug in key U.S. states

Posted at 13:29h in News by KMFSLLP 0 Comments

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Novartis AG has secured Medicaid coverage for a pricey new sickle cell disease therapy in two U.S. states just weeks after winning U.S. approval, following an early campaign to convince local officials of its value, according to a company executive and a Reuters review of public filings.

19 Dec BoE urged to cut interest rates now to support growth

Posted at 13:26h in News by KMFSLLP 0 Comments

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Senior policymaker says Bank may not have firepower to combat deeper slowdown

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19 Dec Your financial mid-life MOT: is it time for a tune-up?

Posted at 13:02h in News by KMFSLLP 0 Comments

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As the years roll by your priorities change — and so should your financial planning

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19 Dec UPDATE 2-China to boost loan support to manufacturers, small bank reforms – regulator

Posted at 13:01h in News by KMFSLLP 0 Comments

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China will offer extra financial support to manufacturers next year, the banking and insurance regulator said on Friday, after a run of bond defaults by private firms in the sector.

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19 Dec Aramco, Alibaba rescue sluggish 2019 global ECM market

Posted at 12:56h in News by KMFSLLP 0 Comments

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Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) in 2019 after a string of shelved initial public offerings (IPOs) and share price slumps.

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News

19 Dec UPDATE 2-South African Airways has reasonable chance of rescue – specialist

19 Dec EXPLAINER-What it means for South African Airways to be in ‘business rescue’

19 Dec Remgro-backed telecoms firm speeds up broadband expansion after $1 bln debt deal

19 Dec COLUMN-Doctor Copper ends 2019 with a new-found spring in his step: Andy Home

19 Dec Takeover target PNE wins 30 MW in German onshore wind tender

19 Dec CORRECTED-FOCUS-Novartis wins Medicaid approval for new sickle cell drug in key U.S. states

19 Dec BoE urged to cut interest rates now to support growth

19 Dec Your financial mid-life MOT: is it time for a tune-up?

19 Dec UPDATE 2-China to boost loan support to manufacturers, small bank reforms – regulator

19 Dec Aramco, Alibaba rescue sluggish 2019 global ECM market

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