SOUTH AFRICA

Glencore plays down ENRC bid talk

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Commodities trader Glencore is not considering a bid for embattled miner ENRC, its chief executive said, dismissing reports of a takeover after it disappointed the market with its maiden first-quarter results.
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Glencore not considering ENRC bid, Q1 profit jumps

Glencore is not actively considering a bid for embattled rival ENRC, its chief executive said, dismissing reports of a bumper offer as the commodities trader reported a jump in maiden quarterly earnings.
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India neutral over Carstens for IMF top job

Mexico's central bank chief Agustin Carstens on Friday said India had not committed to support his candidacy as head of the IMF, as officials in the Asian nation said they would make their choice later in June.
UN Summit on Aids

Today, we gather to end AIDS : Ban Ki-moon

UN Secretary General Ban Ki-moon has called for global action to end the Aids (Acquired Immune Deficiency Syndrome) disease by 2020, in a UN summit on Aids in New York.
France's Finance Minister Lagarde arrives to attend the 17th Children's Parliament at the National Assembly in Paris

Lagarde likely to head IMF - Nikkei

French Finance Minister Christine Lagarde is most likely to head International Monetary Fund (IMF), with backing of the United States and Japan, the Nikkei financial daily reported on Sunday, citing unidentified global financial industry sources in Washington, reported Reuters.
Somali shopkeeper in South Africa

Demonstrators protest xenophobia in South Africa

In a rare and unusual protest, women marched in Johannesburg, South Africa Thursday protesting xenophobic attacks on foreign immigrants, primarily Somalis and Pakistanis, many of whom have set up shops in the shanty towns.
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Wal-Mart seeks to reassure investors on growth

Wal-Mart Stores Inc is trying to reassure employees and investors on Friday that the company can reach out to shoppers online, on their phones and in small and large stores to drive growth.
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India source: no sign yet of joint BRICS IMF candidate

There has been no sign yet of a joint candidate from the developing countries of Brazil, Russia, India, China and South Africa to head the International Monetary Fund, an Indian government source told Reuters on Friday.

Clinton to discuss Libya with allies next week

United States secretary of state Hillary Clinton will attend an international meeting next week to talk about the situation in Libya, as NATO seeks to accelerate the campaign to end his rule.
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India urges for joint IMF candidate from BRICs

India is talking with other emerging nations to build support for a common candidate for a developing economy to be the next head of the International Monetary Fund, with Mexico's Central bank chief being a possibility, said two government sources, reported Reuters.

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