Other Business & Technology News
Siemens, GE, others line up for Dresser-Rand20/9/2014 1:09
General Electric is lined up with Germany's Siemens and other companies in pursuit of oil equipment maker Dresser-Rand Industries, with any deal likely to be worth more than $6 billion.
Investigate Lonmin fee transfers: AIDC19/9/2014 20:47
The transfer of over R2.3 billion in fees from Lonmin to two of its subsidiaries, with one located in a tax haven, should be investigated, the Alternative Information and Development Centre (AIDC) has said.
Help needed to fight bank crime: SABRIC19/9/2014 20:28
The SA Banking Risk Information Centre (Sabric) on Friday said it would work with banks, cash-in-transit companies and the police to bring down crime in the banking sector.
Oil prices down in Asian trade19/9/2014 18:50
Oil prices edged lower in Asia Friday under pressure from a supply glut and a strengthening US dollar, analysts said.
Relief to households as rates remain unchanged18/9/2014 15:12
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) surprised the market as it decided to keep the repo rate unchanged at 5.75% despite the inflation rate running away from its target band of 3-6%.
G20 grapples with growth targets as eurozone drags18/9/2014 12:15
Finance ministers from G20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by two percent while being held back by a sickly eurozone recovery.
Tokyo stocks open 0.93% higher as yen plunges18/9/2014 11:29
Tokyo stocks opened 0.93 percent higher on Thursday after the US central bank said it would keep its easy-money policy, sending the dollar rallying against the yen and pushing Wall Street to a record close.
Asian shares mostly up after Fed decision18/9/2014 9:46
Asian markets mostly rose Thursday while the dollar rallied after the Federal Reserve stuck to its timetable on hiking interest rates but indicated they could rise more sharply than initially envisaged.
De Beers warns diamonds aren't forever17/9/2014 14:35
European stocks climbed on Wednesday, mirroring gains elsewhere, with sentiment buoyed by reports of Chinese stimulus, ahead of a US interest rate call and on the eve of Scotland's independence referendum.
Ines de La Fressange dresses the DS3 and DS3 Cabrio17/9/2014 11:17
Citroën teamed with French fashion designer Ines de la Fressange to create two new concepts meant to embody chic Parisian style. The concepts are based on the French manufacturer's DS3 and DS3 Cabrio.
US stocks flat on weak inflation ahead of Fed meeting17/9/2014 10:56
Wall Street stocks were little changed early Tuesday following a weak US inflation report and ahead of the eagerly anticipated Federal Reserve monetary policy meeting and Scotland's independence vote.