Archive for the ‘Africa Business’ Category
Congo-Kinshasa: Mining Firms Fuel Conflict Violence, Says Report
Several international companies are named as helping to prolong the more than 12-year conflict in the Democratic Republic of Congo (DRC) in a new report by the British-based group Global Witness, released Tuesday.
South Africa: Death Toll Rises in Mining Accident
THE death toll at Impala Platinum's ( Implats ') Rustenburg operations climbed to nine after seven more bodies were recovered on Monday, making this one of the single worst mining accidents in SA this year.
Sudan: Tribunal Cuts Size of Disputed Abyei Region
An international tribunal has cut the size of the disputed Abyei region of Sudan, rejecting the formal claims of both north and south Sudan and slicing at least 18,000 square kilometres from the disputed territory.
Wage balm could soothe gold sector
Gold mining companies engaged in wage talks with workers are confident that their revised offers will find favour with unions.
Australia's foreign minister has dismissed suggestions that a case involving a Rio Tinto manager accused of espionage in China will be easily and speedily resolved.
Archive for the ‘World Business’ Category
Apple quarterly profit was much better than had been predicted by analysts. Strong sales of Mac computers and iPhones gave Apple a solid 13…
Qualcomm Profits See Slight Decline but Top Expectations
Boeing eyes Dreamliner solution
Boeing says it has found a "technical solution" to tackle a problem with its Dreamliner 787, but does not say when it will fly.
U.S. cuts funding for Lockheed's F-22
The U.S. Senate voted to block expansion of one of the country's most controversial and expensive defense programs, the F-22 fighter jet program. Congressional supporters of the program noted that if halted, thousands of jobs will be lost.
Royal Bank of Scotland posted a net loss of 1.16 billion euros in the first-half. The weaker-than-expected results included sharply higher bad…
Archive for the ‘Africa Business’ Category
The "game" of banking has been turned upon its head.
The Euro and a conspiracy of hedge funds
Hedge funds are holding "idea meetings" and deciding that shorting the euro is a good bet.
Some Greek politicians believe Germany still owes Greece more than $50 billion.
India seeks closer ties with Saudi to fuel recovery
India said it expects its economy to rebound to 9-percent annual growth rates within two years and wants to expand its energy ties with top OPEC exporter Saudi Arabia to help fuel the recovery.
Germany, France, Dutch to buy Greek bonds-MEP
Germany, France and the Netherlands plan to buy Greek bonds to help Athens cope with a severe debt crisis, a German member of the European Parliament said on Saturday.
Archive for the ‘World Business’ Category
Chile quake dents copper output
Dealers expect higher copper prices as production at copper mines is suspended because of the quake.
'Talks on rival bid' for Cadbury
Two international chocolate firms are reportedly discussing a bid for Cadbury that could forestall a hostile takeover by Kraft.
Archive for the ‘Business’ Category
Apple quarterly profit was much better than had been predicted by analysts. Strong sales of Mac computers and iPhones gave Apple a solid 13…
Qualcomm Profits See Slight Decline but Top Expectations
Boeing eyes Dreamliner solution
Boeing says it has found a "technical solution" to tackle a problem with its Dreamliner 787, but does not say when it will fly.
Archive for the ‘Business’ Category
Chile quake dents copper output
Dealers expect higher copper prices as production at copper mines is suspended because of the quake.
The "game" of banking has been turned upon its head.
The Euro and a conspiracy of hedge funds
Hedge funds are holding "idea meetings" and deciding that shorting the euro is a good bet.
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