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Greeks ditch diamonds and cars

Greece becomes the latest textbook example of Engel's law: as income falls, proportionate spending on basic food shoots up.

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Miners Underground
Bloomberg News

Gold mines table final wage offer

Four gold producers have tabled their final three year wage offer to four trade unions.

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Spain’s economy motors ahead

Spain's economy grew at its fastest rate since 2007, in the second quarter, with more growth expected ahead.

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Rand weakens on speculation

The rand weakened to head for a record low close on speculation a US interest-rate increase will damp demand for riskier assets.


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