News
SOUTH AFRICA: South Africa's rand firms to 3-month high, stocks down
- Date: 04-07-19
- Category: SOUTH AFRICA
- Source: Reuters
JOHANNESBURG (Reuters) - South Africa’s rand rose against the dollar on Thursday to hit its strongest in nearly three months, tracking fellow emerging market currencies, as the dollar was dented by hopes of U.S. interest rate cuts.
View full storySOUTH AFRICA: SA unlikely to see new mines whilst Mining Charter III stays in current form
- Date: 03-07-19
- Category: SOUTH AFRICA
- Source: Mining MX
IF the third version of the Mining Charter is as investor-friendly as mines and energy minister, Gwede Mantashe, claims it is, where is the flood of new investment into South Africa’s dwindling mining sector?
View full storyACQUISITIONS: Thunder Bay junior miner zeros in on platinum, palladium
- Date: 03-07-19
- Category: ACQUISITIONS
- Source: Northern Ontario Business
A Thunder Bay gold exploration company is picking up two high-grade platinum group metals (PGM) properties, west of the city.
View full storyAUTO NEWS: Renault should sell Nissan stake and press ahead with FCA merger
- Date: 03-07-19
- Category: AUTO NEWS
- Source: Europe Auto News
Renault should sell its 43 percent in Nissan and merge with Fiat Chrysler Automobiles, says Bernstein analyst Max Warburton. In a letter to Renault Chairman Jean-Dominique Senard, Warburton writes that Renault should no longer cling to the idea that its alliance with Nissan can be preserved when all the indications are to the contrary.
View full storyDIESEL: London clean air rules accelerate slump in diesel cars demand
- Date: 02-07-19
- Category: DIESEL
- Source: Financial Times
Last year, a quarter of customers at Alan Day’s London dealerships bought diesel cars. So far this year, demand for the fuel type from its five Volkswagen forecourts has fallen to just 2 per cent.
View full storyAUTO SALES: Tesla Model 3 boosts electric-car demand in Norway to 45% of all sales in first half
- Date: 02-07-19
- Category: AUTO SALES
- Source: Europe Auto News
OSLO -- Booming sales of Tesla's Model 3 meant that 45 percent of all cars sold in the first half of the year in Norway were electric.
View full storyAUTO SALES: Volkswagen says 50% of China sales will be NEVs by 2035
- Date: 02-07-19
- Category: AUTO SALES
- Source: Reuters
BEIJING (Reuters) - By 2035 half of Volkswagen’s sales in China will be new energy vehicles (NEVs), CEO Herbert Diess told a conference in Boao, China, on Tuesday, according to a company statement.
View full storyAUTO SALES: China's Vehicle Sales Picked Up After Stimulus, Ministry Says
- Date: 02-07-19
- Category: AUTO SALES
- Source: Bloomberg
China’s vehicle sales picked up last month after provincial governments announced stimulus plans of their own to revive demand in the world’s biggest automobile market, the commerce ministry said.
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