Gold Fields shares jump, firm to spin off South African unit
JOHANNESBURG (Reuters) - Shares in South Africa's Gold Fields (GFIJ.J) jumped more than 7 percent on Thursday after the company said it would spin off its local unit and list it on the Johannesburg Stock Exchange.
The shares were 7.73 percent higher at 110.67 rand at 2.07 a.m. EST.
(Reporting by Olivia Kumwenda; Editing by Ed Cropley)
WASHINGTON - U.S. job growth accelerated sharply in February despite the icy weather that gripped much of the nation, easing fears of an abrupt economic slowdown and keeping the Federal Reserve on track to continue reducing its monetary stimulus.
- U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy despite a spate of cold weather that has been blamed for weakness in many other indicators of activity.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.