Agnieszka's Feed
Aug 14, 2013

Corn edges up, record U.S. crop outlook curbs rise

MILAN, Aug 14 (Reuters) – Corn on the Chicago Board of Trade
(CBOT) edged higher on Wednesday, recouping some of the previous
session’s steep losses, but prices remained under pressure on
expectation of a record U.S. crop.

The corn market is torn between higher yield estimates by
private forecasters and an outlook for lower yields from the
U.S. Department of Agriculture (USDA).

Aug 6, 2013

Campari sees upturn after one-offs hit first half

MILAN (Reuters) – Italian drinks maker Campari (CPRI.MI: Quote, Profile, Research, Stock Buzz) expects business to improve gradually in the second half of this year after a regulatory change and one-off restructuring charges hit earnings in the first six months.

The maker of the bitter red aperitif of the same name grew in its key markets in North America, Russia and Argentina, while other developed markets, particularly in crisis-hit Europe, had either stabilized or improved.

Jul 31, 2013

Autogrill sees recovery signs after tax hits first-half net

MILAN, July 31 (Reuters) – Autogrill SpA, the
world’s biggest operator of shops at airports, sees recovery
signs across most markets except for home territory Italy, still
feeling the impact of its longest postwar recession.

The operator of highway restaurants and airport stores from
Canada to India said first-half earnings were helped by growth
in its airport operations, offsetting difficulties along Italian
motorways where recession hit travelers’ pockets.

Jun 10, 2013

Africa in slow motion on two little wheels

JOHANNESBURG, June 10 (Reuters) – It sounded like a shotgun:
bang, bang, bang. The back wheel swirled in a slalom and my
Vespa scooter came to an abrupt stop.

Not even halfway through my two-wheeled trip across parts of
Africa and the back tyre burst. I steered away from the traffic
that trailed behind me on this pothole-littered mountain pass,
just as a truck gently nudged my back license plate.

Jun 3, 2013

Miner shot dead at Lonmin mine in South Africa

JOHANNESBURG (Reuters) – A shop steward from South Africa’s National Union of Mineworkers NUM) was shot dead on Monday at a Lonmin mine, police and the union said, sparking fears of a renewed cycle of violence in the troubled platinum belt.

Lonmin said the shooting, in which another union official was also critically injured, took place at the NUM offices at Wonderkop community, which is near the town of Marikana, 120 kilometers (70 miles) northwest of Johannesburg, where police shot dead 34 miners last August, the country’s deadliest police action since the end of apartheid.

May 24, 2013

Lanxess signs deal with S.African miners to end strike

JOHANNESBURG, May 24 (Reuters) – Striking South African
workers at a chrome mine owned by German chemicals group Lanxess
have signed a deal to end a week-long illegal walkout,
after winning a one-off payment from the latest company to give
in to militant labour pressure.

The dispute at the mine in Rustenburg, 120 km (70 miles)
northwest of Johannesburg, added to long-running friction in the
so-called platinum belt that has caused mining production to
slow, raised concerns about Africa’s largest economy and sent
the rand to four-year lows.

May 19, 2013

S.Africa minister accuses Indian High Commission official in Gupta scandal

JOHANNESBURG (Reuters) – South Africa’s justice minister on Sunday accused an Indian High Commission official and some South Africans of colluding to obtain permission for a plane chartered by a rich family close to President Jacob Zuma to use an air force base to land.

The affair – dubbed “Guptagate” after the influential Indian-born Gupta family – has transfixed South Africa since the private flight landed at Pretoria’s Waterkloof Air Force base last month with nearly 200 guests for a lavish family wedding.

May 19, 2013

South Africa finds collusion, manipulation in Gupta scandal

JOHANNESBURG (Reuters) – South Africa’s justice minister on Sunday accused an Indian High Commission official and some South Africans of colluding to obtain permission for a plane chartered by a rich family close to President Jacob Zuma to use an air force base to land.

The affair – dubbed “Guptagate” after the influential Indian-born Gupta family – has transfixed South Africa since the private flight landed at Pretoria’s Waterkloof Air Force base last month with nearly 200 guests for a lavish family wedding.

May 18, 2013

Workers stage illegal strike at South Africa chrome mine

JOHANNESBURG, May 18 (Reuters) – Operations at a chrome mine
in South Africa owned by chemicals group Lanxess have
been suspended since Thursday after some 470 workers started an
illegal strike over bonus payments, the company said on
Saturday.

The dispute at the mine in Rustenburg, 120 km (70 miles)
northwest of Johannesburg, adds to growing labour tensions
around South Africa’s platinum belt, which are set to intensify
over looming job cuts and wage talks in the sector.

May 18, 2013

Workers on illegal strike at chrome mine in S.Africa-union

JOHANNESBURG, May 18 (Reuters) – Operations at a chrome mine
in South Africa owned by chemicals group LANXESS have been
suspended since Thursday after workers started an illegal strike
over bonus payments, the National Union of Mineworkers (NUM)
said on Saturday.

The dispute at the mine in Rustenburg, 120 km (70 miles)
northwest of Johannesburg, adds to growing labour tensions
around South Africa’s platinum belt, which are set to intensify
over looming job cuts and wage talks in the sector.