October 17, 2016/Oakbay Investments Ltd outh Africa, October 18, 2016/ — Gupta Family lawyer, Van Der Merwe Associates, releases a statement on behalf of Mr. Ajay Gupta and Oakbay Investments (www.OakbayInvestments.co.za) in response to the affidavit from Pravin Gordhan. Highlights include: The Gupta Family (as majority shareholders) and Oakbay Investments […]
Updates
Nigeria naira ends at 305 after central bank dollar sales
October 17, 2016/Reuters Nigeria’s central bank intervened on Monday with dollar sales to support the naira, which ended at 305.50 per dollar, a range it has closed at for nearly two months, traders said. Traders said the bank, which has been selling dollars regularly to prop up the currency, sold […]
Wall St. dips in choppy trade; earnings, Fischer in focus
October 17, 2016/Reuters By Yashaswini Swamynathan Wall Street inched lower in a choppy session on Monday as an advance in technology and financial stocks offset the effects of lower oil prices and a dip in healthcare stocks. Investors are also awaiting Federal Reserve Vice Chairman Stanley Fischer’s speech at 12:15 […]
