Author: Reuters

News, World

Oil down 2% amid resumption of Hormuz shipments even as vessel hit near Oman

Crude prices sank 2% on Friday and were headed for steep weekly losses amid easing supply concerns as more stranded oil tankers exited the Strait of Hormuz, even... Read more.
South Africa

Rand firms as softer dollar offsets dour producer inflation figures

The rand strengthened against a softer dollar on Thursday as investors digested a US inflation reading that largely met expectations, while looking past hotter-than-expected... Read more.