- South African factory activity contracts for 4th straight month - Absa PMIMacro Matters ·
June 1, 2023 · 9:04 AM UTC
South African manufacturing activity contracted for the fourth consecutive month in May, with a particularly steep decline in expected business conditions, a survey showed on Thursday.
- European MarketsIrish court orders wind-up of two Russian state-owned lessors
Ireland's High Court on Wednesday ordered the winding up of two sanctions-hit state-owned Russian leasing firms based in Ireland after a group of creditors said the companies had no prospect of clawing back an almost $1.6 billion net deficit.
- BusinessReport of Argentina fraud probe sinks shares in dLocal
Uruguayan fintech dLocal, the South American country's first unicorn, saw its shares plummet on Friday, after Argentine news outlet Infobae published an article saying the government was investigating it for a possible fraud of at least $400 million.