McDonald
Reuters.

China food scandal hurts McDonald's profits

McDonald's reported a 30 percent fall in quarterly profit due to a food scandal in China and tough competition in the United States.

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PetroSAPlatform1
Independent Newspapers.

PetroSA posts a R1.7bn loss

PetroSA, South Africa’s national oil company, reported a full-year loss following a one-time charge taken for higher project costs and feedstock delays. Read Story

Lufthansa1Cancelled1
Reuters.

Lufthansa pilots threaten more strikes

Lufthansa pilots threatened to call further strikes this week after the latest stoppage in a dispute over retirement benefits grounded two-thirds of its flights... Read Story

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Items 21 - 30 of 100

Lufthansa’s long-haul pilots to join strike
October 20 2014 at 11:59

Lufthansa long-haul pilots announced they would be joining part of the industrial action planned by their short-and medium-haul colleagues over changes to their retirement plans.

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State shops for ‘nuclear vendor’
October 20 2014 at 12:37

The government has confirmed it is shopping around for its nuclear build programme and says it is consulting “nuclear vendors”.

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PPC shareholder says new board needed
October 20 2014 at 12:44

PPC, South Africa’s biggest cement maker, needs a new board to keep expansion plans on track.

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NUM: Strike at Glencore coal mine
October 20 2014 at 13:25

National Union of Mineworkers (NUM) said its members had downed tools at the Koornfontein coal mine operated by Glencore.

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IBM to pay R17bn to shed its chip division
October 20 2014 at 13:28

IBM is paying $1.5 billion (R17 billion) to Globalfoundries in order to shed its costly chip division.

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Microsoft plans to launch smartwatch
October 20 2014 at 13:46

Microsoft is preparing to launch a smartwatch within the next few weeks that will passively track a user's heart rate.

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Electrolux profit soars after cost-cutting
October 20 2014 at 13:49

Swedish electrical appliance maker Electrolux reported its third-quarter net profit soared 42 percent to 933 million krona (R1.4 billion) thanks to a cost-cutting programme started at the end of last year.

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iPhone demand boosts Taiwan export orders
October 20 2014 at 15:07

Booming shipments of the iPhone 6 helped Taiwan's export orders jump 12.7 percent in September year-on-year to a record $43.3 billion (R478 billion), the government said.

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Portugal Telecom shares plunge on merger doubts
October 20 2014 at 15:11

Shares in Portugal Telecom (PT) plunged almost 18 percent on the Lisbon stock exchange on uncertainty over prospects for a planned merger with Brazilian operator Oi.

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EU, China end telecoms row
October 20 2014 at 15:20

The European Union has ended a long-running telecoms row with China, the EU's trade chief said.

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Items 21 - 30 of 100