FE Today Logo
Search date: 27-08-2019 Return to current date: Click here

Iran says it has sold oil from tanker released by Gibraltar

GENEVA, Aug 26 (Reuters): Iran has sold the oil from a tanker released by Gibraltar after weeks in the custody of British Royal Marines and the vessel's owner will decide on its next destination, IRIB news agency quoted an Iranian government spokesman as saying on Monday.Separately, Tehran - embroiled in...

Read more

Tencent launches WeChat for drivers

HONG KONG, Aug 26 (Reuters): Tencent Holdings unveiled on Monday a version of its popular social media app WeChat tailor-made for drivers with state-backed Chinese carmaker China Chang'an Automobile Group, marking a further foray into transportation solutions.China's most popular messenger, with more than 1.1 billion users, will be embedded in...

Read more

China eyes doubling of gold output

BEIJING, Aug 26 (Reuters): Zhaojin Mining, one of China's biggest gold miners, aims to double production of the precious metal as early as 2024 on the back of overseas acquisitions and may look for deals below $500 million, the head of its international arm said.Shandong-based Zhaojin currently produces around 650,000...

Read more

Australia’s Fortescue sees strong China demand

MELBOURNE, Aug 26 (Reuters): Iron ore miner Fortescue Metals Group posted on Monday a record profit and bumper dividend, and said it was still seeing solid demand growth despite trade tensions between China and the United States.A surge in iron ore prices lifted Fortescue's profit to a record $3.19 billion,...

Read more

S Africa’s maize harvest forecasts 4.0pc lower

JOHANNESBURG, Aug 26 (Reuters): South Africa's 2019 maize harvest forecast is expected to be 4.0 per cent lower than July's estimate after delayed plantings and lower grades from the Free State and North West provinces curbed yields, a Reuters survey showed on Monday.The government's Crop Estimates Committee (CEC) is expected...

Read more