Australian carrier Qantas has announced the axing of 1 000 jobs in the face of tough market conditions.
Barrick Gold has started to address investor demands for a more independent board by replacing two directors close to its departing founder.
A strong performance from investment markets and growth in new business volumes in the 10 months to October maintained Sanlam’s strong financial performan...
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Bidvest said it filed a complaint against Adcock Ingram regarding the financing of a proposed takeover by Chile’s CFR.
Battling consumers will have to tighten their belts, with the first in a series of fuel price hikes kicking in at midnight.
Richemont, the owner of the Cartier brand, fell the most in more than two months after chairman Johann Rupert said he’s very concerned that the global economy is in a precarious position.
The board of Adcock Ingram said it believed a $1.2 billion takeover bid from Chile's CFR Pharmaceuticals was still the best option for shareholders, rebuffing a rival offer from a local suitor.
Losses in revenue and wages because of a month-long strike at Northam Platinum's Zondereinde mine in Limpopo are running at R400 million, the company said.
British investment bank and stockbroker Numis Corp said its full-year pretax profit rose more than 400 percent.
The modest office in lower Manhattan didn't look special, but it was the breeding ground of Bernard Madoff's $17 billion Ponzi scheme, says longtime employee Frank DiPascali.
Rating agencies were conflicted because they offered consulting and advisory services to some of the institutions that they rate.
Convergence Partners Investments plans to invest part of its $250 million fund for telecommunications infrastructure in Nigeria and West Africa.
Apple purchased data-analytics firm Topsy Labs, giving Apple new tools to spot trends as they emerge on Twitter.
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