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Red October: Russia of 1917 and 2017 closer than might be expected

By Jeremy Gaunt LONDON (Reuters) – It is 100 years on Wednesday, using Russia’s old calendar, since Vladimir Lenin’s Bolsheviks stormed the Winter Palace in what is now St Petersburg and took power. Not a lot has changed. Well, not in economic terms, according to research by Renaissance Capital, an investment bank specializing in the […]

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Philippines environment minister hopeful for end to open-pit mining ban

By Manolo Serapio Jr and Enrico Dela Cruz MANILA (Reuters) – The Philippines’ environment minister said he was hopeful that a ban on open-pit mining would be lifted before the end of the year after a government panel recommended its removal on Tuesday. Lifting the ban would allow the development of some big-ticket mining projects […]

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Mugabe would have rejected WHO role, says spokesman after its U-turn

By MacDonald Dzirutwe HARARE (Reuters) – Robert Mugabe would have rejected the role of World Health Organization goodwill envoy had he been formally asked, his spokesman said on Tuesday, days after state media cheered the Zimbabwean president’s appointment. WHO Director-General Tedros Adhanom Ghebreyesus named Mugabe as a goodwill ambassador on Wednesday at a conference in […]

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U-23 boss Unsworth to take temporary charge of Everton

(Reuters) – Everton under-23 manager David Unsworth will take temporary charge of the senior team following the sacking of Dutchman Ronald Koeman, the club announced on Tuesday. The former Everton defender’s first task will be to prepare the team for their League Cup clash against Premier League champions Chelsea at Stamford Bridge on Wednesday. “Everton […]

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Ronaldo retains FIFA award for world’s best player

LONDON (Reuters) – Real Madrid’s Portugal striker Cristiano Ronaldo was crowned the best soccer player in the world for the second year running at FIFA’s The Best awards gala on Monday. The four-time Ballon d’Or winner won a La Liga and Champions League double with the Madrid club this year, striking twice against Juventus in […]

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Attacking riches will help Arsenal challenge on all fronts-Wenger

(Reuters) – Arsenal manager Arsene Wenger is relishing the “luxury” of the multiple attacking options he hopes will enable the club to compete across all competitions this season. Alexis Sanchez, Alexandre Lacazette and Mesut Ozil started together for the first time in the 5-2 Premier League rout of Everton last Sunday, while Olivier Giroud, Theo […]

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South Africa’s Datatec cancels London listing

JOHANNESBURG (Reuters) – South African IT group Datatec will cancel its secondary listing on the London’s junior market AIM, it said on Tuesday, citing illiquidity and a failure to attract investors. Datatec, which maintains its Johannesburg listing, will stop trading in London on Dec. 8. (Reporting by Tiisetso Motsoeneng; editing by Jason Neely)

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Anglo production Q3 output up 6 percent output, platinum cut

LONDON (Reuters) – Anglo American on Tuesday reported a 6 percent rise in total output for the third quarter but said it had cut its platinum production to remove “unprofitable ounces”. It lowered its production guidance for platinum to 2.30-to-2.35 million from 2.35-to-2.40 million ounces following the closure of unprofitable production at Bokoni, which was […]

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Doing the heavy lifting: investors eye tech-tonic shifts for Europe’s industrials

By Kit Rees LONDON (Reuters) – Investment funds seeking to invest at the intersection of Europe and technology are finding rich pickings in places that some may find surprising: sprawling industrials like trains-to-turbines Siemens and engineering group ABB. Building on their traditional expertise in factory automation, the conglomerates’ digital divisions are adding cutting-edge software and […]

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U.S. companies act on climate despite Trump: survey

OSLO (Reuters) – U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump’s plans to quit the 195-nation Paris climate agreement, a 2017 survey showed on Tuesday. U.S.-based firms made up a fifth of those in a 2017 “A list” of 159 companies judged to have […]

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Less wealth tied to higher odds of disability and premature death

By Lisa Rapaport (Reuters Health) – People with fewer assets like real estate, savings, stocks and retirement accounts may be more likely to develop disabilities or die prematurely than wealthier individuals, a new study suggests. While plenty of previous research has documented health problems associated with poverty, the current study looked beyond just income to […]

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London introduces vehicle pollution levy in new blow to diesel

By Costas Pitas LONDON (Reuters) – London brought in a new levy on the oldest and most polluting cars entering the city center from Monday, almost doubling how much motorists have to pay in the latest blow to diesel. Drivers are already charged 11.50 pounds ($15) to enter the financial district and parts of west […]

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