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  • De Beers: Victor Mine to Complete Mining and Production Activities in Q1 2019

    November 2, 2017 3:52 PM 4453

    De Beers Group today announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan. Kim Truter, Chief Executive, De Beers Canada, said: “Victor mine has made a significant

  • Linglong Promotes Eco-Friendly Tires at the SEMA Show

    November 1, 2017 4:17 PM 236

    In order to improve its brand awareness in the U.S. market, the Shandong Linglong Tire Co. is exhibiting at the Specialty Equipment Market Association (SEMA) Show going on now through Nov. 3 in the Las Vegas Convention Center. “Linglong always attaches great importance to the SEMA Show, and even more so in 2017,” the company notes. Its presence will be hard to miss -- the company

  • Sony revives pet AI project with updated AIBO robot dog

    November 1, 2017 6:13 AM 248

    TOKYO (Reuters) - Japan’s Sony Corp said on Wednesday it has brought back AIBO more than a decade since it last made the robotic dog, as the electronics and entertainment firm seeks to rebuild its reputation for innovation after years of restructuring. The announcement comes a day after Sony confirmed its renaissance by forecasting its highest-ever profit

  • Amazon Prime to be available at Rs 999 from tomorrow

    October 31, 2017 4:04 AM 269

    Discounts and deals have been fizzling out with e-commerce sale festivals wrapping up post Diwali. Although some offers still continue to loom on these platforms, Amazon is pulling back its subsidized subscription pf Prime. Starting tomorrow, Prime access will be available at Rs 999 a year - up from Rs 499. The Seattle-based company has been offering

  • Saudi investment ambitions impress but foreign money may be slow to come

    October 26, 2017 12:45 PM 221

    RIYADH (Reuters) - Saudi Arabia impressed bankers and fund managers from around the world this week with the size of its economic ambitions but it may not have convinced foreign businessmen to pour in the billions of dollars needed to transform the kingdom. At a lavish, three-day investment conference attended by over 3,500 people from 88 countries

  • Factors to watch on October 26

    October 26, 2017 5:27 AM 197

    SAFRICA-MARKETS/FACTORS:South African Markets - Factors to watch on October 26 The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday. The rand dropped to a 10-month low on Wednesday after Finance Minister Malusi Gigaba flagged weaker growth

  • New malware attack hits parts of Europe

    October 24, 2017 8:42 PM 216

    KIEV: A cyber attack hit a Ukrainian international airport and three Russian media outlets on Tuesday (Oct 24) before also being detected by IT experts in Germany and at least two other European states. The malware called "BadRabbit" appeared to be the largest since "NotPetya" was launched from the same two countries before affecting the rest of the world

  • Bushveld’s AfriTin spin-off moves closer to listing on Aim

    October 22, 2017 8:43 PM 252

    AfrTin, the tin specialist being spun off by (), will list on Aim shortly, following shareholder approval of the demerger granted on 20 October 2017. The assets currently held in the Greenhills subsidiary will debut on Aim shortly, following a proposed £2 mln fundraising via a placing. The plan is to create a company capable of building a critical mass of tin resources

  • China GDP growth slows in Q3 but on course to beat target

    October 19, 2017 7:32 PM 249

    China’s economy slowed marginally in the third quarter but is well on course to beat the government’s annual target, cementing President Xi Jinping’s standing as he prepares to be handed a second term in power at a Communist Party conclave. The world’s number two economy expanded 6.8% in July-September, but while the figures released yesterday were slightly

  • China’s auto brands poised for the Next Big Leap

    October 19, 2017 4:59 PM 271

    The most striking aspect of Chinese President Xi Jinping’s speech in Beijing on Wednesday was its astonishing length at over three hours, which got attention on social media. Yet, the significant aspect about his address at the 19th National Congress of the Communist Party was his intent to take China to the next level of growth. For a country that is already