Offshore
/ US jobless claims remain at around 1.3million
/ Netflix drops 9% on weak Q3 guidance.
/ Jamie Dimon’s warning for the U.S. economy — nobody knows what comes next
/ Amazon stock had its worst week since February
/ Fiscal Cliffs Threaten Fragile U.S. Recovery as stimulus expires late July
/ Qantas has removed all of its international flights until March of 2021
Local
/ Tsogo Sun Hotels sells Maia resort for wild price
/ CPI May 2.1%, lowest since Sep2004
/ astral enters the quantum fray and price still flying
/ Diamond sales collapse and Richemont update
/ Rights issues announced, TFG R3.95 billion (40 per 100 shares, 40% discount), SUI R1.2billion (93 per 100 shares, 25% discount)
/ Spur CEO resigns