ABIMIMA

By Vijaykumar Vedala Gold hit a two-week high on Wednesday as Asian stocks slipped and the dollar fell amid political uncertainty after a source said U.S. President Donald Trump asked the FBI to end a probe into his former security adviser. Spot gold climbed 0.6 percent to $1,243.31 per ounce by 0746 GMT, after earlier touching its strongest since May 3 at $1,244.70. [ 352 more words ]

https://abimima.com/2017/05/18/gold-rises-to-two-week-high-amid-trump-concerns/

Gold rises to two-week high amid Trump concerns By Vijaykumar Vedala Gold hit a two-week high on Wednesday as Asian stocks slipped and the dollar fell amid political uncertainty after a source said U.S. President Donald Trump asked the FBI to en…

By Nqobile Dludla JOHANNESBURG (Reuters) - UK-based telecoms group Vodafone moved to consolidate two of its African interests on Monday with the transfer of a 35 percent stake in Kenya's Safaricom to majority-owned South African subsidiary Vodacom. The 34.6 billion-rand ($2.6 billion) deal, structured as an acquisition of the stake by Vodacom in return for new shares, is the latest move by Vodafone's chief executive Vittorio Colao to rationalise the group's disparate portfolio of interests around the world. [ 490 more words ]

https://abimima.com/2017/05/18/vodafones-south-african-arm-vodacom-takes-over-2-6-bln-stake-in-kenyas-safaricom/

Vodafone’s South African arm Vodacom takes over $2.6 bln stake in Kenya’s Safaricom By Nqobile Dludla JOHANNESBURG (Reuters) – UK-based telecoms group Vodafone moved to consolidate two of its African interests on Monday with the transfer of a 35 percent stake in Kenya’…

By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators will investigate whether Aspen Pharmacare is charging excessive prices for five key cancer drugs in a move which could lead to a hefty fine for Africa's largest generic drugmaker. The European Commission said on Monday that it was looking into information that Aspen has imposed hefty and unjustified price increases of up to several hundred percent, and has withdrawn the drugs in some EU countries or threatened to do so in others. [ 241 more words ]

https://abimima.com/2017/05/18/aspen-under-eu-antitrust-spotlight-over-excessive-cancer-drug-prices/

Aspen under EU antitrust spotlight over excessive cancer drug prices By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators will investigate whether Aspen Pharmacare is charging excessive prices for five key cancer drugs in a move which could lead to a h…