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Reuters

World gasoline prices ease on cheaper crude oil

24th August 2007 A recent tumble in crude oil prices has made gasoline less expensive at the pumps over the past month, providing some relief for drivers in many parts of the world, a Reuters poll showed on Thursday. 

Gold Reef says it is in exclusive $1,4bn buy-out talks

13th August 2007 South African casino operator Gold Reef Resorts is in exclusive talks with a private equity consortium about a cash takeover that values the firm at about 9.85 billion rand.  

UK state firm to build 200 MW Cameroon hydro plant

10th August 2007 Sud Energie, controlled by British state-owned emerging markets power generator Globeleq, has signed a deal to build the new 200 megawatt (MW) Memve'ele hydropower station in Cameroon. 

SA fuel industry strike could end soon

6th August 2007 South Africa's fuel industry strike could come to an end as early as Monday if the unions accept a revised offer, labour representatives said on Sunday.  

Gold edges higher as stock markets rebound

2nd August 2007 Gold edged higher on Thursday in subdued trade as global financial markets rebounded after falling sharply the previous session on prevailing risk aversion. 

Angloplat decision on Twickenham by Q1 2008

30th July 2007 Capital costs have climbed for Angloplat's long-delayed, multi-billion rand Twickenham project and a decision on whether to build it will be made by early 2008, a top official said on Monday. 

Gold rebounds after sell-off, Tokyo hits 1-month low

27th July 2007 Gold recovered on Friday after tumbling to its lowest in two weeks the previous day, while Tokyo futures slipped for the fifth day in a row to a one-month low as investors ditched their holdings. 

World Bank OKs funds for Malawi-Mozambique power

18th July 2007 The World Bank on Tuesday approved a $93-million credit for the construction of a power link between Malawi and Mozambique, giving the southern African neighbors access to reliable and affordable energy.  

Rio Tinto agrees to buy Alcan for $38bn

12th July 2007 Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canadian aluminium company Alcan Inc. for $38,1-billion, in a bid to create the world's biggest aluminium company.  

Naspers braces for pay-TV price war in SA

11th July 2007 South African pay-TV monopoly Multichoice expects the onset of competition next year to spark a profit-eroding price war and says fixed-line phone operator Telkom will be its toughest rival. 

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