South Africa seen raising forecast for biggest corn crop since 1981
Businessam StaffMay 22, 2017
South Africa, the continent’s biggest corn grower, will probably increase its forecast for a bumper crop of the staple grain for a
Four car makers settle claims over Takata inflators for $553 million
Businessam StaffMay 19, 2017
Four automakers agreed to a $553 million settlement to address class-action economic loss claims covering owners of nearly 16 million
Ghana: Cocoa farmers to benefit from fertilizer subsidies
Businessam StaffMay 18, 2017
Ghana Cocoa Board (COCOBOD) has announced fertiliser subsidies for farmers for the 2017 farming year. In a statement, COCOBOD said a
South Africa’s Sibanye Gold finalises $1 bln rights issue at 60 pct discount
Businessam StaffMay 18, 2017
South Africa’s Sibanye Gold will tap shareholders for funds at a discount of 60 percent in a $1 billion rights issue, the mining
Major Central Australian copper project poised for expansion
Businessam StaffMay 17, 2017
The company behind a potential copper mine on Jervois station in Central Australia has taken over the land tenement next door. Both
Malaysian palm oil/Vegoils: Market factors to watch Tuesday May 16
Businessam StaffMay 16, 2017
The following factors are likely to influence Malaysian palm oil futures and other vegetable oilmarkets on Tuesday May 16.
Cocoa jumps as unrest continues in top producer Ivory Coast
Businessam StaffMay 16, 2017
Cocoa rose, extending last week’s surge in prices, following a failure of talks between army commanders and mutinous soldiers over the
Picasso’s ‘Femme assise robe bleue’ sells for $45 million
Businessam StaffMay 16, 2017
Pablo Picasso’s portrait of Dora Maar has been sold at a Christie’s auction in New York for $45 million (£35m). Femme