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Section: South Africa

ChemChina to purchase Pirelli in e7bn deal
Mar24

ChemChina to purchase Pirelli in e7bn deal

China National Chemical is to buy Pirelli, the fifth-largest tyre maker, in a e7.1 billion (R92.5bn) deal that will place one of the symbols of Italy’s manufacturing industry in Chinese hands. ||| Paola Arosio and Danilo Masoni MilanCHINA National Chemical (ChemChina) is to buy Pirelli, the fifth-largest tyre maker, in a e7.1 billion...

VW feels pinch of shrinking market
Mar23

VW feels pinch of shrinking market

Volkswagen AG is reportedly set to offer voluntary termination agreements to workers at its Russian factory in Kaluga. ||| Frankfurt – Volkswagen AG is set to reduce production and offer voluntary termination agreements to workers at its Russian factory in Kaluga as demand shrinks, according to people with direct knowledge of the plan.VW...

Putin’s biker gang lends muscle to rebel cause in east Ukraine
Mar23

Putin’s biker gang lends muscle to rebel cause in east Ukraine

Dressed in leathers and camouflage, motorbike gang leader Vitali waves at two charred Ukrainian tank turrets decorating the entrance to his club as he recounts how his group has fought alongside pro-Russian rebels. …read more Source: The Sunday...

Putin’s biker gang lends muscle to rebel cause in east Ukraine
Mar23

Putin’s biker gang lends muscle to rebel cause in east Ukraine

Dressed in leathers and camouflage, motorbike gang leader Vitali waves at two charred Ukrainian tank turrets decorating the entrance to his club as he …read more Source: The New...

Russians fighting against Putin?
Mar22

Russians fighting against Putin?

Several Russians are fighting as volunteers against the pro-Moscow insurgency in the Donetsk and Lugansk regions in Ukraine. …read more Source:...

News24.com | Mystery bombings muddy waters in Ukraine’s divided port city
Mar20

News24.com | Mystery bombings muddy waters in Ukraine’s divided port city

Alina Radchenko lost track after about the 15th bombing in Odessa, where she runs a volunteer centre to support battalions fighting pro-Russian rebels in the east. …read more Source:...

EU: Russia sanctions to stay
Mar20

EU: Russia sanctions to stay

EU leaders agreed that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is fully implemented. ||| Brussels – European Union leaders agreed on Thursday that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is fully implemented, effectively extending them to the end of the...

British military trainers travel to Ukraine
Mar19

British military trainers travel to Ukraine

Ukraine’s defense ministry says British military instructors have traveled to the country to provide medical and tactical training to Ukrainian tro …read more Source: The New...

Ukraine, Moscow clash over rebel laws
Mar19

Ukraine, Moscow clash over rebel laws

Russia and pro-Moscow rebels on Wednesday condemned Ukraine for ratifying two bills on greater autonomy for the separatist east, saying they violated a peace deal and threatened a shaky month-long truce. …read more Source:...

Greece and Ukraine to dominate EU summit
Mar19

Greece and Ukraine to dominate EU summit

Greece’s Prime Minister Alexis Tsipras will plead with European counterparts at a summit in Brussels Thursday to release vital funds to help his debt-laden country stave off a looming cash crunch. …read more Source: The...