LONDON, Oct 31 (Reuters) - Former UBS trader Kweku Adoboli said on Wednesday that he and Jerome Kerviel, the Societe Generale "rogue trader", got into trouble only because they had lost money for their employers.
* Qua Iboe stays around dated plus $2/bbl * Indian demand seen weaker in December than November LONDON, Oct 31 (Reuters) - Differentials for West African crudes stayed under pressure on Wednesday, with traders anticipating slightly less demand from India in December compared with November. "Some people are thinking that (in December) not as much will be taken as November," a trader said. "I don't see differentials moving up from where they are." An Indian Oil Corp tender for Jan
JOHANNESBURG (Reuters) - South Africa's ruling African National Congress (ANC) pledged on Wednesday to stop its supporters singing the "Shoot the Boer" anti-apartheid anthem to avoid upsetting white farmers and stirring racial tension.
CAIRO (Reuters) - The Egyptian government resumed negotiations on Wednesday with the International Monetary Fund on a loan to help the country shore up public finances that have haemorrhaged since its popular uprising.
JOHANNESBURG (Reuters) - South Africa suspended all imports of crude oil from Iran for a fourth month in September, data showed on Wednesday, as Pretoria continued to steer away from Iranian shipments because of European insurance sanctions.
GENEVA (Reuters) - The world's leading economies must try harder to keep their markets open to counter slowing global growth, international agencies said on Wednesday.
KADUNA, Nigeria (Reuters) - Gunmen suspected to be armed robbers have killed 20 people in a village in the northwest Nigerian state of Zamfara, authorities said on Wednesday, a similar attack to one in June.
NAIROBI, Oct 31 - - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: * Kenya to release year-on-year inflation in October. Inflation is expected to fall for the 11th month running, helped by a better harvest easing food prices but offset to some extent by rising fuel costs. * Uganda to release year-on-year inflation in October.
KHARTOUM (Reuters) - Sudan dismissed as "misleading" Israeli allegations it supplies arms to foes of the Jewish state and said there was no foreign involvement in a munitions factory Khartoum says was bombed by Israel.
BRUSSELS (Reuters) - The European Union is considering sending about 200 troops to train Mali's army to retake the Islamist-held north, but is not willing to deploy them in battle, EU officials said on Tuesday.
GENEVA (Reuters) - Donors have pledged more than $2 billion for Burundi's 2012-2015 development strategy to help the central African nation rebuild after civil war, the United Nations said on Tuesday.
WASHINGTON (Reuters) - The International Monetary Fund on Tuesday relaxed restrictions on technical assistance to Zimbabwe, opening the way for an IMF staff-monitored economic program.
TUNIS (Reuters) - One person was killed when police opened fire during clashes with hardline Salafi Muslims in the Tunisian capital Tunis on Tuesday,‮‮ ‬‬a security source said‮‮‮‬, in the latest sign of religious tensions in the home of the "Arab Spring".
MELBOURNE (Reuters) - Plans by Democratic Republic of Congo to raise its stake in new mining projects to 35 percent from 5 percent under a revised mining code unnerved investors on Wednesday, coming on the heels of a similar move by Kenya.
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS