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Anglo to return up to US$1 billion to shareholders

JOHANNESBURG - Diversified mining and marketing company Anglo American on Thursday announced its intention to return up to US$1-billion to its shareholders through an immediate...

Paynet Successor Goes Live in Three Weeks

HARARE- A new bulk payment platform being developed by Zimbabwean banks will go live at the end of this month; a central bank official...

Over 1 Million People Cut From Essential Supplies Following Floods in Venezuela

Some 1.2 million people in northeast Venezuela's Sucre state have been left without access to fuel and medical supplies after floods damaged the main...

Oil Falls Below US$64 on Saudi Oil Restart Prospects

LONDON - Oil fell below $64 a barrel on Monday, reversing an earlier gain, pressured by the prospect of a faster-than-expected full restart of...

BYD to Build First European Electric Vehicle Factory in Hungary

BYD, the publicly listed Chinese conglomerate known for its diverse manufacturing operations and headquartered in Shenzhen, has revealed plans to establish its inaugural European...