2014年8月10日 星期日

2014-08-11 Uganda Business


Slippery Oil boards  Independent
After a prolonged and arduous process, the Petroleum (Exploration, Development and Production) Act became law in April 2013 while the Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act was enacted in July of the same year.

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Shilling remains stable  Independent
The Uganda shilling was largely unchanged trading in the narrow range of 2610-25 against the US dollar amid muted activity in the market, according to James Mutuku, the head of financial markets at Standard Chartered Bank. Mutuku said in a note dated ...


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  Zee News   
Dollar steady in Asia trade  Zee News
Tokyo: The dollar stabilised on Monday morning, following a sharp drop against the yen after last week`s announcement that US President Barack Obama had authorised air strikes in Iraq. The dollar strengthened to 102.17 yen in Tokyo morning trade, against ...

Asian markets rebound as Iraq fears wane   The News International
Australia shares on track to end six-day losing streak, JB slumps   Reuters
Asia stocks up on Wall Street rally, dollar firm after rebound   The Malay Mail Online
Reuters UK   
Reuters Africa   
all 18 news articles »   

  Independent Online   
Marcus: Abil placed under curatorship  Independent Online
Pretoria - South Africa's central bank stepped in to rescue unsecured lender African Bank Investments on Sunday, placing it under external supervision and announcing plans for a $940-million capital injection underwritten by local lenders. The rescue, which ...

Bailout for South African bank   The Rakyat Post
South African central bank rides to the rescue of stricken lender   CITY A.M.
SA Reserve Bank rescues African Bank   The New Age Online
Reuters Africa   
The Daily Star   
The Witness   
all 49 news articles »   

  Reuters UK   
Blackstone close to deal for Shell's 50 percent stake in shale assets: source  Reuters
(Reuters) - Blackstone Group LP is close to a deal to buy a 50 percent stake worth $1.2 billion in a gas field in Louisiana currently owned by Royal Dutch Shell, according to a person familiar with the matter. The shale assets lie in the Haynesville Shale in ...

Reports: Blackstone Nears Deal To Buy Shell's Haynesville Stake For $1.2 Bln   RTT News
Blackstone close to deal for Shell's 50 pct stake in shale assets -source   Bayoubuzz
Blackstone Said in Talks to Buy Shell's Haynesville Stake   Businessweek
Financial Times   
Wall Street Journal   
all 12 news articles »   

  Forbes   
China Swap Rate Drops to Six-Week Low on More Targeted Easing  Bloomberg
China's one-year interest-rate swaps fell to a six-week low after the central bank introduced more targeted easing measures. The People's Bank of China gave a 12 billion yuan ($2 billion) re-discount quota to its local branches on Aug. 8 to support lending to ...

Credit Outlook Worsens For Chinese State Banks   Forbes
China's Stocks Rise After Inflation Data as Financials Advance   Businessweek
China's Credit Easing Rise At The Fastest Pace In Two Years   Action Forex
Beijing Review   
People's Daily Online   
Moneyweb.co.za   
all 9 news articles »   

  Sky News Australia   
Widespread unrest lends support to oil and gold prices  Taipei Times
Oil and gold prices won some support this week from Western sanctions imposed on Russia and the crises gripping Iraq and Gaza, traders said. US jets struck jihadist positions in northern Iraq on Friday, a potential turning point in a two-month crisis ...

Oil prices rise, shares slide as Iraq violence escalates   Irish Independent
London oil prices fall as US strikes Iraq   Sky News Australia
Bond yields fall after Iraq strikes; Wall Street gains   euronews
Reuters   
all 217 news articles »   

  Irish Times   
Russians stock up as western food import ban comes into force  Irish Times
A customer inspects a French Camembert cheese in a Moscow supermarket. In spite of the hardship it entails, most Russians are in favour of the ban. Photograph: Andrey Rudakov/Bloomberg. Isabel Gorst. Topics: News · World · Asia-Pacific; More Topics.
How much will Russia's food ban hurt? Your Say   USA TODAY
Kazakhstan Stays Away From Russia's Food Import Ban   The Moscow Times
Economist Warns Of Extra Cheese   Business Insider Australia
BBC News   
all 15 news articles »   

  ArabianBusiness.com   
MIDEAST STOCKS-Saudi rises for 10th day, other markets mixed  Reuters Africa
... * Saudi has gained over 8 pct on back of foreign investment reform. * Buying has wide focus, includes telecoms, medical care. * Dubai's Drake & Scull tumbles 4.2 pct on surprise Q2 profit drop. * Dana Gas edges up after favourable Iran gas ruling.
Drake & Scull feels the pinch in Saudi Arabia   The National
Drake & Scull H1 profit drops 37.6% to Dh71.7m   Emirates 24/7

all 9 news articles »   


Forte Oil's Q2 pretax profit rises by 152%  The Punch
Forte Oil Plc has said its profit before tax for the second quarter of 2014 is N4.192bn, representing a 152 per cent rise on the N1.664bn it announced for the corresponding period of 2013. The company's interim consolidated statement of comprehensive ...

Forte Oil H1 profit soars by 152% on power investment   BusinessDay

all 3 news articles »   

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