CorporateBusiness

Watchdog approves 3 large mergers

The Competition Commission has approved three separate large mergers involving the telecoms, chemical, and property sectors.

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REUTERS

Facebook hit by service disruption

Facebook, the world's No.1 social network, suffered a service disruption that made the website unavailable to some users.

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Reuters.

CWU: Sentech misleading public

Sentech's claims about the unaffordability of workers' wage demands are misleading, the Communication Workers' Union (CWU) said.

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Items 41 - 50 of 147

AstraZeneca raises forecasts
July 31 2014 at 12:43

AstraZeneca raised its sales and earnings forecasts for the year, showing resilience after seeing off a $118 billion (R1.3 billion) takeover approach from rival Pfizer two months ago.

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Facebook to offer free Internet in Zambia
July 31 2014 at 12:35

Facebook is launching a mobile app that gives users in Zambia free access to a handful of online services on mobile phones.

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Court rules Russia must pay Yukos’ owners
July 31 2014 at 12:31

Europe's top human rights court awarded shareholders in Yukos 1.9 billion euros (R28 billion) in damages.

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Adidas issues profit warning
July 31 2014 at 12:24

Sports equipment maker Adidas has lowered its full-year profit target.

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China food scare hits KFC, Pizza Hut sales
July 31 2014 at 12:13

A television expose showing improper meat handling by one of its Chinese suppliers caused “significant, negative” damage to sales at its KFC and Pizza Hut restaurants over the past 10 days, Yum Brands said.

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Investec's operating income flat
July 31 2014 at 12:09

South African investment bank Investec reported a one percent rise in first-quarter operating income, while bad debt losses fell 17 percent.

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Sappi reports quarterly profit
July 31 2014 at 10:38

Sappi, the world’s biggest producer of dissolving wood pulp, reported a third quarter profit.

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NUM, Kumba sign wage agreement
July 31 2014 at 10:32

The National Union of Mineworkers has signed a three-year wage deal with Kumba Iron Ore which includes an increase of 18 percent for the lowest paid worker.

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Sibanye doubtful on platinum purchase
July 31 2014 at 10:29

Sibanye Gold is doubtful it will make its first platinum-asset purchase this year as sellers such as Anglo American are slowing the process.

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Sibanye Gold’s profit drops 36%
July 31 2014 at 10:21

Sibanye Gold said first-half profit dropped 36 percent on the lower gold price and an impairment on its investment in Africa’s biggest refinery.

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Items 41 - 50 of 147

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