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Marc Jones

Eskom bailouts key to South Africa credit rating, says Fitch

Dec 07 2018

LONDON South Africa's credit rating could be cut further if a $7 billion bailout of state-run power utility Eskom is the start of a trend, Fitch's top analyst on the country said on Friday.

GLOBAL MARKETS-Stocks slump on China exec arrest, oil spills into OPEC

Dec 06 2018

* U.S. futures down nearly 2 pct, Nikkei ends at five-week low

GLOBAL MARKETS-European stocks slump to 2-year low after China exec arrest

Dec 06 2018

* U.S. stock futures down 1.3 pct, Nikkei ends at five-week low

South Africa's Eskom wants state to take on almost quarter of its debts

Dec 05 2018

JOHANNESBURG/LONDON South Africa's Eskom wants the government to take on 100 billion rand ($7.2 billion) of its debts, its chairman told a newspaper, suggesting the struggling state-run power firm wanted relief on almost a quarter of its borrowings.

Riksbank weighing up joining new ECB instant payment system

Dec 04 2018

LONDON Sweden could become the first non-euro zone country to sign up to the European Central Bank's new instant payment system, the deputy head of the Riksbank, Cecilia Skingsley, said on Tuesday.

Riksbank weighing up joining new ECB instant payment system

Dec 04 2018

LONDON, Dec 4 Sweden could become the first non-euro zone country to sign up to the European Central Bank's new instant payment system, the deputy head of the Riksbank, Cecilia Skingsley, said on Tuesday.

Internet giants pose existential threat to banks: BIS chief

Dec 04 2018

LONDON Internet and 'big data' giants like Amazon and China's Alipay pose an existential threat to traditional banks, the head of the Bank for International Settlements, Agustín Carstens, said on Tuesday.

GLOBAL MARKETS-Oil toils after worst month in a decade, Deutsche sinks DAX

Nov 30 2018

* Brent sits below $60 a barrel after worst month in a decade

GLOBAL MARKETS-Oil toils after worst month in a decade

Nov 30 2018

* Brent sits below $60 a barrel after worst month in a decade

Threat of new Russia sanctions forces foreign investor rethink

Nov 28 2018

LONDON The Kremlin's latest standoff with Ukraine in the Azov Sea is forcing foreign investors to reconsider Russia, which faces the possibility of even more stringent Western sanctions.

World News