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IOL Business Newsletter
Tuesday, 15 March 2016
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TOP STORIES  

Anbang challenges Marriott with Starwood offer

China’s Anbang Insurance Group has challenged Marriott’s merger with US hotel operator Starwood with a $12.8bn cash offer.

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Asian stocks slip, dollar firms

Asian stocks slipped on Tuesday and the dollar firmed as investors braced for policy decisions from major central banks this week.

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Wall Street ends flat

Wall Street closed little changed in light trading on Monday as consumer discretionary gains countered losses in energy shares.

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Downgrade fears weigh on SA’s rand

The rand extended earlier losses after Finance Minister Pravin Gordhan said investors were concerned about risks to SA’s fiscal outlook.

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Investor fears allayed, says Gordhan

Finance minister Pravin Gordhan has described his recent overseas trip as progressive, saying that investors had shown confidence in SA.

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BREAKING BUSINESS NEWS  

Opec sees lower demand for its oil this year

Opec has predicted global demand for its crude oil will be less than previously thought in 2016 as supply from rivals proves more resilient to low prices.

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NEWS  

Opec sees lower demand for its oil this year

Opec has predicted global demand for its crude oil will be less than previously thought in 2016 as supply from rivals proves more resilient to low prices.

Full story
 
COMPANY NEWS  

‘SA’s blackouts curbed by slowdown, not Eskom’

The lights have stayed on in SA for more than six months. Is that a sign of Eskom’s good management? Or diminished demand?

Full story
 
INTERNATIONAL  

Anbang challenges Marriott with Starwood offer

China’s Anbang Insurance Group has challenged Marriott’s merger with US hotel operator Starwood with a $12.8bn cash offer.

Full story
 
MARKETS  

Opec sees lower demand for its oil this year

Opec has predicted global demand for its crude oil will be less than previously thought in 2016 as supply from rivals proves more resilient to low prices.

Full story
 
OPINION/ANALYSIS  

Black-owned Barclays Africa is just a pipe dream

Neither the government nor black investors may have the cash needed to take control of Barclays Africa and by extension Absa, writes Andile Ntingi.

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