Blog Profile / Business Report


URL :http://www.iol.co.za/business
Filed Under:Business & Finance
Posts on Regator:24382
Posts / Week:112.6
Archived Since:June 8, 2011

Blog Post Archive

Pickup sales boost Ford

Ford Motor posts a 44 percent surge in second-quarter profit thanks to demand for the new, aluminum-bodied F-150 pickup. ||| Dearborn - Ford Motor posted a 44 percent surge in second-quarter profit, which exceeded analyst’s expectations...Show More Summary

GKN snaps up Fokker Tech

British engineering company GKN will buy Netherlands-based Fokker Technologies for $781 million. ||| London - British engineering company GKN said it agreed to acquire Netherlands-based Fokker Technologies for 706 million euros ($781...Show More Summary

UK economy accelerates

Britain's economy accelerated in the second quarter of 2015, helped by rebounding services activity and industrial output. ||| London - Britain's economy accelerated in the second quarter of 2015, helped by rebounding services activity...Show More Summary

Zambia’s power crunch hits mines

Production at First Quantum Minerals and Barrick Gold in Zambia slows amid country’s electricity crisis. ||| Lusaka - Power cuts in north-western Zambia, Africa's second-biggest copper producer, have affected production at mines run by Canada's First Quantum Minerals and Barrick Gold, an industry body said on Tuesday. Show More Summary

European shares bounce back

Strong company results and acquisitions announcements lift European shares on Tuesday. ||| London - European shares bounced back on Tuesday, lifted by strong company results and news of acquisitions after falling in the previous five sessions on concerns over China's growth. Show More Summary

Britain's FTSE edges higher

Britain’s top share index edges higher after falling for five sessions in a row. ||| London - Britain's top share index edged higher on Tuesday after falling for five sessions in a row, with RSA Insurance Group leading the gains on bid interest from a Swiss-based rival. Show More Summary

Hong Kong blue chips rise

Hang Seng Index rises after touching a three-week low early on Tuesday. ||| Hong Kong - Hong Kong blue chip stocks rose on Tuesday, bucking falls for mainland shares, on hopes for a stabilising China market as Beijing hinted at further monetary easing. Show More Summary

Beijing scrambles to calm markets

Chinese shares sink more than three percent in early trade on Tuesday. ||| Shanghai - Chinese shares sank more than 3 percent on Tuesday, as Beijing scrambled once again to stabilise a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy. Show More Summary

Asian stocks decline

Asian stocks fall to three-week lows as a deepening rout in Chinese stocks erases risk appetite. ||| Hong Kong - Asian stocks fell to three-week lows on Tuesday as a deepening rout in Chinese stocks erased risk appetite - sending investors flocking to safe-haven instruments such as government bonds and the Japanese yen. Show More Summary

Dow hits lowest level since February

Dow Jones industrial average finishes at lowest level since February, while S&P 500 chalks up five-session losing streak for the first time since January. ||| New York - Wall Street sank on Monday, with the Nasdaq losing almost 1 percent...Show More Summary

All eyes on Yellen for policy talks

US Federal Reserve chief Janet Yellen is not known for her bullishness - but that could change soon. ||| New York - “Bullishness” is not a word much associated with Janet Yellen since she became Federal Reserve chair 18 months ago, but that could change with the Fed's next policy meeting. Show More Summary

Trade officials face high-wire act

Pacific Rim officials meet in Hawaii this week for talks that could make or break an ambitious trade deal. ||| Lahaina, Hawaii - Pacific Rim officials meet in Hawaii this week for talks that could make or break an ambitious trade deal...Show More Summary

Fake iPhones: China shuts factory

Chinese police arrest nine people linked to counterfeiting operation and seize hundreds of fake Apple iPhones. ||| Beijing - Police in Beijing have busted a factory that produced more than 41 000 fake iPhones worth as much as 120 million...Show More Summary

Scant relief seen from Windows 10

The release of Microsoft’s Windows 10 operating system is unlikely to ease the sales slump that’s been dogging the PC industry. ||| San Francisco - The release of Microsoft’s new Windows 10 operating system - an event that in years past...Show More Summary

European equities look gloomy

European shares are heading for their fifth straight daily fall after starting the week on a downbeat note. ||| London - European equities started the week on a downbeat note, heading for their fifth straight daily fall, with worries over China's growth prospects overshadowing some forecast-beating corporate results. Show More Summary

Top firms to make climate pledge

Executives from 13 major companies are set to announce at least $140bn in new investments to decrease their carbon footprints. ||| Washington - Executives from 13 major US corporations will announce on Monday at least $140 billion in...Show More Summary

Britain’s FTSE slack ahead of GDP data

Britain's top share index edges lower after falls in Merlin Entertainments and Pearson. ||| London - Britain's top share index edged lower on Monday after falls in Merlin Entertainments and Pearson and ahead of GDP data due later in the week, but outperformed broader European equities as battered miners staged a rebound. Show More Summary

China stocks tumble more than 8%

Major indexes suffer their largest one-day drop since 2007 amid renewed fears over China’s outlook. ||| Shanghai - Chinese shares tumbled more than eight percent on Monday amid renewed fears about the outlook for the world's No. 2 economy,...Show More Summary

Drachma report highlights Syriza chaos

Some members of Greece's government reportedly wanted to raid central bank reserves to prepare a return to the drachma. ||| Athens - Some members of Greece's leftist government wanted to raid central bank reserves and hack taxpayer accounts...Show More Summary

Greek bourse still closed

The Greek stock exchange will remain closed on Monday - but might re-open on Tuesday. ||| Athens - The Greek stock exchange will remain closed on Monday, but might re-open on Tuesday after a one-month shutdown, official sources said....Show More Summary

Copyright © 2015 Regator, LLC