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Blog Profile / Business Report


URL :http://www.iol.co.za/business
Filed Under:Business & Finance
Posts on Regator:21440
Posts / Week:115.6
Archived Since:June 8, 2011

Blog Post Archive

Cuba truce opens treasure trove for US

COMPANIES considering doing business in Cuba will find a country ripe for a modern communications system, lacking consumer goods like Coke and Pepsi, and craving more hotels, earth-moving equipment and even aluminium cans for beer. ||| Matt...Show More Summary

China in R23.3bn projects loan

China wOULD lend Angola’s Sonangol $2 billion (R23.3bn) to expand oil and gas projects, the state energy company said. ||| China wOULD lend Angola’s Sonangol $2 billion (R23.3bn) to expand oil and gas projects, the state energy company said, helping to cement Beijing’s influence in Africa’s second-largest oil producer. Show More Summary

Barrick ponders gold operation

Barrick Gold, the world’s biggest producer of the metal, will probably take steps to stop production at its Zambian operation after the country increased mining royalties. ||| Barrick Gold, the world’s biggest producer of the metal, will probably take steps to stop production at its Zambian operation after the country increased mining royalties. Show More Summary

Putin is unfazed, reassures his people

President Vladimir Putin struck an uncompromising stance over the crisis gripping Russia, accusing the US and European Union of trying to undermine his country and blaming external factors for the sharp plunge in the rouble. ||| Henry...Show More Summary

Seeking funds to be transport hub

NAMIBIA will start tapping markets and investors to finance a five-year, N$223 billion (R223bn) development plan as early as next year ||| NAMIBIA will start tapping markets and investors to finance a five-year, N$223 billion (R223bn) development plan as early as next year as the country seeks to become a regional transport hub. Show More Summary

Banks mix business, pleasure at parties

Team bonding is the theme for Christmas parties in London’s financial district this year as managers tone down the annual knees-up and label it as staff development. ||| Clare Hutchison London Team bonding is the theme for ChristmasShow More Summary

Nigerian bank acts to halt fall of naira

Paul Wallace and Emele Onu Lagos ||| Paul Wallace and Emele Onu Lagos NIGERIAN foreign-currency dealers halted trading after the central bank changed rules on how many dollars could be held at the end of the day to limit speculating against the plunging naira. Show More Summary

Unlikely US interest rates will change before April

Signalling she’s in no hurry to raise rates, Federal Reserve Chair Janet Yellen said the central bank is unlikely to move before the end of April and that borrowing costs will remain low for a “long time” after liftoff. ||| Jeff Kearns...Show More Summary

Putin says Russia’s economy will be cured

President Vladimir Putin assured Russians that the economy would rebound after the rouble's dramatic slide. ||| Moscow - President Vladimir Putin assured Russians on Thursday that the economy would rebound after the rouble's dramatic...Show More Summary

Nigerian central bank moves to curb speculation

Nigeria's central bank has barred banks from holding their own funds in dollars, the governor said on Thursday. ||| Lagos - Nigeria's central bank has barred banks from holding their own funds in dollars in order to end speculative pressure...Show More Summary

Putin promises to help the poor

Russian President Vladimir Putin has attempted to assuage fears of economic collapse. ||| Moscow - President Vladimir Putin on Thursday attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists during the worst financial crisis of his rule. Show More Summary

Business could benefit from Cuba move

Coca-Cola sells its beverages in all but two countries - North Korea and Cuba. That might change soon. ||| New York - Coca-Cola Co., one of the world's largest companies, sells its beverages in all but two countries - North Korea and Cuba. Show More Summary

Asian markets rally - mostly

Asian markets mostly rallied on Thursday, with investors reversing a recent sell-off spurred by a Wall Street recovery. ||| Asian markets mostly rallied on Thursday, with investors reversing a recent sell-off spurred by a Wall Street recovery and indications the Federal Reserve will keep rates on hold until mid-2015. Show More Summary

Western sanctions may last for decades - Russian minister

Sanctions over Russia's role in the Ukraine are likely to last “for a very long time”, Economy Minister Alexei Ulyukayev says. ||| Moscow - Western sanctions over Russia's role in the Ukraine crisis are likely to last “for a very long time”, possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper. Show More Summary

Green bonds sell big in 2014

A “green” bond market has taken root this year, with money managers jumping in to buy new environmentally-focused bonds. ||| Boston/New York - A “green” bond market has taken root this year, with municipalities and corporations issuing new environmentally-focused bonds and money managers jumping in to buy them. Show More Summary

New rules to counter tax evasion

COMPANIES will be forced to disclose their ultimate owners on national registers in EU countries as the bloc seeks to clamp down on tax dodging, money laundering and terrorism financing. ||| COMPANIES will be forced to disclose their...Show More Summary

Airlines in a profit stream

Bloomberg Atlanta and Sydney ||| Bloomberg Atlanta and Sydney AIRLINES around the world are poised for a $12 billion (R140bn) windfall as the global oil crash cuts bills for jet fuel, the biggest expense in an industry that was battered by surging commodity prices last decade. Show More Summary

Russia’s financial crisis poses a global threat

RUSSIA’S escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. ||| Josh Boak Washington RUSSIA’S escalating financial crisis risks spilling beyond its borders and endangering parts of the global economy. Show More Summary

Philips to buy US imaging firm

DUTCH electronics giant Philips announced yesterday that it was buying US-based medical imaging company Volcano for $1.2 billion (R14.02bn). ||| DUTCH electronics giant Philips announced yesterday that it was buying US-based medicalShow More Summary

‘Nut rage’ incident piques interest and macadamia sales

A KOREAN Air Lines executive’s tantrum over bagged nuts in a first-class cabin is drawing enough attention to give Hawaii’s $38 million (R444m) macadamia nut industry a boost. ||| A KOREAN Air Lines executive’s tantrum over bagged nuts...Show More Summary

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