
Flash Briefing: Bulls back for US stocks; MTN to list Africa's Amazon in NY; Write off demanded on corrupt $2bn Mozam loan; Brazil in radical free mar..
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In today’s global business headlines…
Wall Street analysts are pointing to a raft of technical indicators suggesting the stock market has re-entered a bull trend just four months after September’s sharp reverse.
Brazil is embarking on sweeping free market reforms including an overhaul of pensions, radical tax reform and wide-scale privatisation.
Graca Machel, widow to the first democratically elected presidents of Mozambique and South Africa, has weighed in on her homeland’s mushrooming Tuna Bond scandal.
In South African related news, Bloomberg reported over the weekend that MTN is planning to list online retailer Jumia in New York, raising an estimated $600m to help reduce the group’s $5bn debt.
Wall Street analysts are pointing to a raft of technical indicators suggesting the stock market has re-entered a bull trend just four months after September’s sharp reverse.
Brazil is embarking on sweeping free market reforms including an overhaul of pensions, radical tax reform and wide-scale privatisation.
Graca Machel, widow to the first democratically elected presidents of Mozambique and South Africa, has weighed in on her homeland’s mushrooming Tuna Bond scandal.
In South African related news, Bloomberg reported over the weekend that MTN is planning to list online retailer Jumia in New York, raising an estimated $600m to help reduce the group’s $5bn debt.