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Brazil petrobras
Reuters

Petrobras announces profit drop

Brazil's scandal-plagued state-run oil company released its third quarter report for 2014, showing that profits dropped 9 percent.

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Copy of IOL bus jan6 JSE
Reuters.

Rand rallies on bets US rate hopes

Rand shakes off power supply concerns and broad emerging market weakness to trade over half a percent firmer against the dollar, as traders anticipate delay in ... Read Story

Business-Markets-International

Retired US technician puts greatest travellers to shame

Christopher Columbus? Captain James Cook? Michael Palin? When it comes to a list of the greatest travellers, there are some formidable candidates to choose from... Read Story

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Items 1 - 10 of 76

Petrobras announces profit drop
January 28 2015 at 20:32

Brazil's scandal-plagued state-run oil company released its third quarter report for 2014, showing that profits dropped 9 percent.

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Rand rallies on bets US rate hopes
January 28 2015 at 19:25

Rand shakes off power supply concerns and broad emerging market weakness to trade over half a percent firmer against the dollar, as traders anticipate delay in US rate hike

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US: Budget deficit forecast to fall to $468bn
January 28 2015 at 04:49

The US budget deficit will decline slightly to $468 billion (R5.35 trillion) this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said yesterday in a report heralding the e... Read Story
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Emerging markets could get hurt – IMF
January 28 2015 at 04:48

The “normalisation” of US monetary policy, no matter how well implemented, could hurt emerging markets and undermine financial stability, International Monetary Fund Managing Director Christine Lagarde said. Read Story
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Prices drop as diamond bank closes
January 28 2015 at 04:47

Rough diamond prices are declining this year as KBC Groep winds down its Antwerp Diamond Bank unit, crimping margins for traders, according to Gem Diamonds, which has mines in Lesotho and Botswana.

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S&P downgrades Russia’s rating to junk
January 28 2015 at 04:46

Russia’s first junk rating in a decade pushed the nation’s bond lower for a second day and stocks declined as the threat of fresh sanctions over the conflict in Ukraine and an oil-price slump batter its economy... Read Story
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Zimbabwe: Mining firm seeks foreign investment
January 28 2015 at 04:44

Zimbabwe’s state-owned mining company is in negotiations to persuade foreign investors to inject $50 million (R571.75m) into three of its gold mines.

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Siemens prized assets lose steam
January 28 2015 at 04:43

Siemens health care and energy generation divisions, once the prized assets at Europe’s largest engineering company, risk jeopardising chief executive Joe Kaeser’s turnaround plan.

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Ireland: Approval from the state sought
January 28 2015 at 04:42

The board of Irish airline Aer Lingus has recommended a raised e1.36-billion (R17.45bn) takeover offer from the owner of British Airways, which must now soothe Irish government concerns to win approval.

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Retired US technician puts greatest travellers to shame
January 28 2015 at 04:27

Christopher Columbus? Captain James Cook? Michael Palin? When it comes to a list of the greatest travellers, there are some formidable candidates to choose from. But a retired US technician has a legitimate claim to rival ... Read Story
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Items 1 - 10 of 76