News
Technip Energies Wins Major Mozambique LNG Contract for Eni
8+ hour, 40+ min ago (217+ words) Technip'Energies, with partners JGC and Samsung Heavy Industries, secured a major EPCIC contract for the Coral Norte FLNG project offshore Mozambique, doubling the Coral hub's LNG capacity to 7'Mtpa and reinforcing Mozambique's global energy role. MILAN, June 8 (Reuters) - Technip Energies…...
Mauritius Denies Receiving US Proposal Over Chagos Islands Sovereignty
8+ hour, 27+ min ago (232+ words) Mauritius on June 8, 2026 reaffirmed it has not received any US proposal regarding the Chagos Islands, rejecting Telegraph reports of a White House plan to buy them. It reiterated its position: sovereignty over the archipelago is non'negotiable. PORT LOUIS, June 8 (Reuters)…...
Russia's A7 transborder payments company plans global expansion
4+ day, 9+ hour ago (318+ words) A7, launched in October 2024 by PSB and managed by Ilan Shor, enables cross'border payments bypassing SWIFT using the ruble'pegged stablecoin A7 A5 and bills of exchange. Despite U. S. and EU sanctions since mid'2025, it remains active, plans global expansion, and is now developing a…...
Xenophobic Violence Forces African Migrants to Flee in South Africa
4+ day, 9+ hour ago (459+ words) As xenophobic violence surges in South Africa's Western Cape, migrants from Mozambique and Malawi are fleeing into mountains and taking shelter in town halls; conflicting death tolls and growing regional tensions underline the crisis. KLEINMOND, South Africa, June 4 (Reuters) - Four…...
Nedbank Group Limited Named Best Investment Bank South Africa 2026 by Global Banking & Finance Review Awards
5+ day, 4+ hour ago (169+ words) Global Banking & Finance Review" is pleased to announce that Nedbank Group Limited has been awarded the prestigious title of Best Investment Bank South Africa 2026 at the 2026 Global Banking & Finance Review" Awards. This recognition underscores Nedbank's continued leadership, innovation, and excellence…...
Broadcaster CANAL+ becomes first French company to list in Johann
5+ day, 9+ hour ago (326+ words) Canal+, via its acquisition of Multi Choice, made history on June3, 2026 by becoming the first French company ever to secure a secondary listing on the Johannesburg Stock Exchange, enhancing local investor access and affirming confidence in South African capital markets. By…...
Swiss Bank Worker Cleared of Money Laundering in Tuna Bond Scandal
2+ week, 5+ day ago (193+ words) A former Credit Suisse compliance officer has been acquitted by the Swiss Federal Criminal Court in Bellinzona of money laundering charges tied to arranging the transfer of over CHF600, 000 to Abu Dhabi in 2016 related to the Mozambique "tuna bond" scandal. Proceedings…...
Swiss Bank Worker Faces Trial Over Mozambique Tuna Bond Scandal
2+ week, 6+ day ago (309+ words) Swiss prosecutors on May 19, 2026 began a money'laundering trial in Zurich targeting a former Credit'Suisse compliance officer over the Mozambique "tuna bond" scandal. UBS was cleared of liability in April 2026, while Lara Warner " previously fined in 2025 " continues to contest penalties. ZURICH,…...
Mercedes Sells Seven Berlin Dealerships to Canadian Investor GAHL
3+ week, 5+ day ago (172+ words) Mercedes'Benz will sell its seven Berlin'Brandenburg dealerships'including its flagship Salzufer location with over 1, 100 employees'to Global Auto Holdings (GAHL); the deal, part of a broader German dealership divestment, is due to close by end'2026, pending antitrust approval. BERLIN, May 13 (Reuters) - Mercedes-Benz…...
Ramaphosa Faces Impeachment: South Africa's Farmgate Scandal Update
4+ week, 1+ hour ago (480+ words) South Africa's Constitutional Court has revived the "Farmgate" impeachment process against President Ramaphosa, ordering Parliament to refer an independent report to an impeachment committee, prompting a national address and urgent ANC deliberations. By Sfundo Parakozov and Nilutpal Timsina JOHANNESBURG, May…...