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Business & Finance (Page 991)
Business & Finance
Thursday, 3rd November, 2011 - 13:06
France's biggest listed bank BNP Paribas slashed its exposure to Greece, Italy and Spain by more than 12 billion euros ($16.6 billion) in the third quarter, contributing to a 72 percent slide in earnings.
Thursday, 3rd November, 2011 - 13:00
Durban’s Inkosi Albert Luthuli ICC (international convention centre) has contributed R11.4 billion to the GDP during its past five financial years, the centre said.
Thursday, 3rd November, 2011 - 12:56
Greek Prime Minister George Papandreou's political future hung by a thread on the eve of a crucial confidence vote as his allies revolted against his plan for a referendum on the euro.
Thursday, 3rd November, 2011 - 12:53
Copper fell more than 2 percent as escalating worries about a Greek sovereign debt default and a Euro collapse darkened market sentiment, offsetting supply deficit concerns.
Thursday, 3rd November, 2011 - 12:49
European stocks extended their gains in choppy trade, boosted by intensifying talk the Greek government may collapse, which could kill plans of a referendum on the country's bailout package.
Thursday, 3rd November, 2011 - 12:48
The Greek government teetered on the brink of collapse on Thursday over plans for a referendum on a euro zone bailout, with ruling party defections casting grave doubt on whether Prime Minister George Papandreou can survive a confidence vote.
Thursday, 3rd November, 2011 - 11:59
The Business Confidence Index (BCI) declined to 97.5 or by 0.9 points in October 2011 from 98.4 in September 2011, the SA Chamber of Commerce and Industry (Sacci) said.
Thursday, 3rd November, 2011 - 11:56
The Department of Minerals and Energy (DME) could implement a retail petrol price cut of some 20 cents per litre (c/l) on December 7, provided the daily over-recovery remains at or above the November 2 level.
Thursday, 3rd November, 2011 - 11:50
International credit rating agency Standard & Poor's (S&P) has reaffirmed Transnet's investment grade credit rating.
Thursday, 3rd November, 2011 - 11:45
Britain's BT Plc confirmed its full-year targets as demand from multinational corporations and consumers for broadband enabled it to post higher than expected core profits and sales in the second quarter.
