FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration/File Photo
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Mystery stones spark diamond rush in poor South African region
KWAHLATHI (AFP) – Single mother Lihle Magudulela spat out a mouthful of dirt as she sucked on a stone dug up from a hillside in South Africa’s KwaZulu-Natal province, convinced she might have found a diamond. Thousands have flocked to the outskirts of KwaHlathi village, more than 300km southeast of Johannesburg, after a cattle herder […]
UK’s Domino’s Pizza says CFO dies in snorkelling accident
(Reuters) – Domino’s Pizza Group <DOM.L> said on Friday its Chief Financial Officer (CFO) David Bauernfeind had died in a snorkelling accident on Dec. 26 while on holiday, and an announcement about his successor would be made in due course. “Our Chief Financial Officer, David Bauernfeind, died in a tragic accident on Thursday, 26th December […]
Short-term funding crunch pushes European companies into bonds
By Abhinav Ramnarayan LONDON (Reuters) – A slew of European corporate bond issues over the past week have brought some cheer to shell-shocked markets, but a key reason for the rush may be more concerning: A scant commercial paper market. European companies issued more than 20 billion euros ($22.1 billion) of debt combined last week, […]