National Property Portfolio on Auction

National Property Portfolio on Auction
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IOL wall street

Wall Street drifts near record

US stocks were little changed in early trading with Home Depot at a record high and buoying the blue-chips.

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Shell
REUTERS

Shell: Hunt for new chief is underway

The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said.

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WorldMap

South Africa, Turkey stocks outperform

South African and Turkish equities outperformed both emerging market and global share indices.

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Items 11 - 20 of 116

(File image) A section of the main body of the Boeing 787 Dreamliner.

United returns 787s to service
May 21 2013 at 08:05

United Airlines expects to have its entire fleet of Boeing 787 Dreamliners back in service this week.

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Wall Street ends flat on correction worries
May 21 2013 at 08:05

US stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions.

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File photo: Filomena Scalise

Dollar index firmer, but down from high
May 21 2013 at 08:04

The dollar inched higher versus a basket of currencies on Tuesday but stayed below a three-year high.

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Mergers await SA platinum industry
May 21 2013 at 05:42

The embattled platinum industry may see a spurt of takeover and merger approaches soon as investors turn up the heat on the bosses to devise other ways to ride out the current crisis.

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Zimbabwe’s mines body rejects bid to control production
May 21 2013 at 05:42

The Chamber of Mines of Zimbabwe, which represents companies including Impala Platinum, had rejected a proposal for the state to control mineral production and prices, a draft response from the industry organisation obtain... Read Story
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EU finds time to tell restaurants how to serve olive oil
May 21 2013 at 05:42

Critics ridiculed EU bureaucrats on Saturday for taking time off fighting the euro zone’s debt crisis to impose strict new rules on how restaurants serve olive oil.

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Yahoo buys Tumblr in $1.1bn deal
May 21 2013 at 05:42

Yahoo! is buying blogging network Tumblr for about $1.1 billion (R10.4bn) as chief executive Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.

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Nigeria’s growth rate fails to ease poverty
May 21 2013 at 05:41

Nigeria’s poverty rate should be falling faster given its economic growth this decade, a senior official of the International Monetary Fund (IMF) said yesterday.

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Mauritius: Drop in tourism hurts earnings
May 21 2013 at 05:41

Earnings from tourism in Mauritius fell 12.4 percent from a year earlier to 12 billion rupees (R3bn) in the first three months of this year as the weak economic environment in Europe hurt visitors’ spending.

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Ryanair flies high as earnings top forecasts
May 21 2013 at 05:41

Ryanair posted forecast-beating full-year earnings yesterday, buoyed by strong growth in fares and a sharp rise in charges for items such as baggage and in-flight refreshments.

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