President Jacob Zuma said Mandela would be buried on December 15 at his ancestral home in the Eastern Cape.» Read More
ZURICH/ DUBAI, Nov 28- Swiss lender UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some key emerging market countries to reduce overlaps with other departments, three sources familiar with the plan said.
*Libya struggles to pay salaries, more clashes erupt. SINGAPORE, Nov 28- Brent futures held above $111 a barrel on Thursday on worries that supply from OPEC member Libya will continue to be disrupted as winter oil demand increases, but a bigger-than-expected rise in U.S. crude stocks kept the gains in check.
*Libya struggles to pay salaries, more clashes erupt. SINGAPORE, Nov 28- Brent futures held above $111 a barrel on Thursday on worries OPEC member Libya isn't anywhere close to ramping up output as winter oil demand increases, while a bigger-than-expected rise in US crude stock kept the gains in check.
NEW YORK, Nov 27- U.S. crude oil futures tumbled on Wednesday as a higher-than-expected build in inventories weighed down prices, while unrest in Libya propped up Brent.
NEW YORK, Nov 27- U.S. crude oil futures fell by nearly $2 on Wednesday as a higher-than-expected build in inventories weighed down prices, although Brent's losses were lessened by unrest in Libya. U.S. crude swiftly resumed its downward trend, falling by nearly $2 to a session low of $91.77.
Nov 27- The U.S. Justice Department is probing Morgan Stanley for its hiring practices in China as part of an industry-wide investigation by the government into whether banks' employment of politically connected Chinese breached U.S. bribery laws, according to people familiar with the matter.
JOHANNESBURG, Nov 27- Turkish mobile phone company Turkcell has taken to a South African court with its $4.2 billion lawsuit against rival MTN Group, alleging it was the victim of corruption and bribery that caused it to lose a contract in Iran.
UNITED NATIONS-- The U.N. General Assembly's human rights committee on Tuesday unanimously adopted a resolution sponsored by Brazil and Germany to protect the right to privacy against unlawful surveillance, following months of reports about U.S. eavesdropping abroad.
Morgan Stanley is the latest U.S. bank probed for its hiring practices in China, according to a person familiar with the matter.
*Inga dam is one of a spate of hydro projects across Africa. INGA, Democratic Republic of Congo, Nov 27- Deep in the bowels of the giant Inga hydroelectric dam that straddles the mighty Congo river stands a fading map named "The motorways of electric power from Inga".
ACCRA, Nov 26- Pan-African lender Ecobank has sued a top executive who left the company this month, naming him in a civil complaint in Togo as the author of an anonymous email accusing Chief Executive Thierry Tanoh of mismanagement.
JOHANNESBURG, Nov 26- South African e-commerce and media group Naspers sees lower full-year earnings after it plans to increase investment into Internet platforms and digital pay-TV by more than 62 percent to lock in more customers.
Expectations that trading houses might warm up to IPOs have been on the rise since the successful share float by Glencore. Trafigura had said an initial public offering was one of the options for Puma, and a number of analysts said they saw Puma as a potential candidate, not least because of some similarities between the parent and Glencore.
*France uniquely placed for quick interventions. One reason for the box-office success of "Quai d'Orsay"- named after the 19th century palace by the River Seine where France conducts its world affairs- is how closely it flirts with real-life policy.
*Road projects, labour policies popular with Zambians. KATOBA, Zambia, Nov 24- John Moyo is at the end of the road. President Michael Sata's drive to upgrade the country's rough roads, which often become impassable in the rainy season, is popular with many Zambians like Moyo.
A new region has recently taken over as the most attractive emerging market, according to a recent survey, and the returns are proving it.
Nov 22- Cisco Systems Inc and Huawei Technologies Co, two of the world's largest communications equipment makers, have been slugging it out for a decade now- in court, in emerging markets, in the lobbies of government and even on blogs.
SINGAPORE, Nov 22- Gold was heading for its sharpest weekly drop in more than two months as strong U.S. economic data and a possible early rollback of the Federal Reserve's stimulus measures sent the metal to its lowest since early July.
In a first on CNBC interview with CNBC's Steve Sedgwick, Ngozi Okonjo-Iweala, Finance Minister of Nigeria describes what the country must do to boost growth.
*Guinea to hold Abu Dhabi investor meeting Nov. 24-25. Guinea's President Alpha Conde will woo investors at a two-day conference in Abu Dhabi starting on Sunday, hoping to build on a legislative election in September that marked the return to democracy after a 2008 coup.