LONDON, Oct 17 (Reuters) - A former colleague of Kweku Adoboli denied on Wednesday that he knew the UBS "rogue trader" had been booking fictitious trades at the Swiss bank months before losses of $2.3 billion came to light.
LONDON, Oct 17 (Reuters) - Nigerian crude oil differentials were expected to come under further pressure on Wednesday as unsold November cargoes continued to depress values. Up to 14 cargoes of Nigerian crude oil remained for November, days ahead of the release of the December loading programme, including four or five cargoes of Bonny Light crude. The December loading schedule for Angolan crude emerged on Tuesday, scheduling an increase in shipments. Spot trading has yet to kick off as
Tunis (Reuters) - Tunisian journalists went on strike on Wednesday, piling pressure on the Islamist government they accuse of restricting freedom of speech after a revolt toppled the country's autocratic leader last year.
CAIRO (Reuters) - A business association founded by a financier for Egypt's new Islamist rulers says it can democratise an economy long dominated by associates of ousted leader Hosni Mubarak, but sceptics fear the emergence of just another clique.
PARIS (Reuters) - Pirates off the coast of Nigeria have kidnapped six Russians and an Estonian during an attack on their ship, Bourbon, the French shipping company operating the vessel said on Wednesday.
LISBON (Reuters) - Angola on Wednesday launched a $5 billion sovereign wealth fund to invest in domestic and overseas assets, funnelling the African country's vast oil wealth into infrastructure, hotels and other high-growth projects.
CAPE TOWN, Oct 17 (Reuters) - South African national oil company PetroSA has concluded a deal to buy oil and gas assets in Ghana, a senior official said on Wednesday, giving it access to crude from the huge Jubilee Field.
CAPE TOWN, Oct 17 (Reuters) - South African national oil company PetroSA has concluded a deal in Ghana which gives it access to crude from the huge Jubilee Field, a senior official said on Wednesday.
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: KENYA - The central bank of Kenya auctions 182-day Treasury bills. GLOBAL MARKETS Asian shares rose to their highest in over five months on Wednesday as strong U.S. earnings reports lifted investor mood, while the euro hit a one-month high against the dollar as Spain retained an investment-grade debt rat
WASHINGTON (Reuters) - In the defining moment of a testy debate, President Barack Obama lashed into Mitt Romney on Tuesday over the Republican's criticism of his handling of a deadly attack on the U.S. diplomatic mission in Libya and sought to cast him as unfit to become commander-in-chief.
JUBA (Reuters) - South Sudan's parliament ratified a border and oil deal with Sudan on Tuesday intended to settle issues that brought the countries close to resuming their two-decade civil war and allow the South to revive its vital crude oil exports.
CAIRO (Reuters) - A court will rule on October 23 on whether the assembly drafting Egypt's new constitution is legal, a judge said on Tuesday.
CHICAGO (Reuters) - Chelsea Clinton is taking on the discomforting issue of diarrhea, throwing her family's philanthropic heft behind a sweeping effort in Nigeria to prevent the deaths of 1 million mothers and children each year from preventable causes, including 100,000 deaths from diarrhea.
KHARTOUM (Reuters) - More than 600 people have been killed in insurgencies that erupted in two Sudanese states bordering South Sudan last year, Sudan's interior minister said on Tuesday in the first official count.
UNITED NATIONS (Reuters) - Rwanda's defense minister is commanding a rebellion in eastern Democratic Republic of Congo that is being armed by Rwanda and Uganda, both of which sent troops to aid the insurgency in a deadly attack on U.N. peacekeepers, according to a U.N. report.
NEW YORK (Reuters) - Ivory Coast, currently in arrears with bondholders over a $2.3 billion Eurobond, said in a statement dated October 15 that it wants to meet with investors to discuss missed interest payments.
TRIPOLI (Reuters) - New evidence implicates Libyan militias in an apparent execution of dozens of detainees in rebel custody following the capture and death of Muammar Gaddafi last year, Human Rights Watch said.
MOMBASA, Kenya (Reuters) - At least 10 Kenyan police officers were injured when two grenades were hurled at them by suspected al Shabaab sympathisers during a police operation at the country's Coast province in the early hours of Wednesday, police said.
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS