Blog Profile / Business Report


URL :http://www.iol.co.za/business
Filed Under:Business & Finance
Posts on Regator:26751
Posts / Week:103.2
Archived Since:June 8, 2011

Blog Post Archive

Euro zone business growth slows

Business growth across the euro zone dips to a 16-month low, but there are stronger showings from Germany and France. ||| London - Business growth across the euro zone dipped to a 16-month low in May but stronger showings from Germany...Show More Summary

ATM scam: Japan and SA to work together

Japanese police will work with SA authorities to probe an ATM scam that cost Standard Bank around R300m. ||| Johannesburg - The Standard Banking Group has suffered a gross loss estimated at R300 million following a sophisticated co-ordinated...Show More Summary

Bayer offers $62bn in cash for Monsanto

Bayer has made an unsolicited offer to acquire Monsanto and create the globe’s biggest supplier of farm chemicals and genetically modified seeds. ||| Berlin - Bayer made an unsolicited $62 billion all-cash offer to acquire Monsanto and...Show More Summary

Standard Bank loses R300m to fraud in Japan

SA lender Standard Bank says it has been the victim of a “sophisticated fraud incident” in Japan. ||| Johannesburg - Standard Bank, Africa’s biggest bank by assets, said it lost as much as R300 million ($19 million) to organised fraud in Japan. Show More Summary

What do we really want Facebook to be?

Every new Facebook feature seems to bring the tech giant potentially in competition with a new industry, writes Hayley Tsukayama. ||| As you probably know, Facebook has been under fire for the way it edits its Trending Topics. Gizmodo...Show More Summary

Matching refugees with jobs

Using its assets of data and human capital, LinkedIn has taken up a matchmaking role in connecting experts with groups involved in response to disasters. ||| London - As the refugee crisis was unfolding in Europe last year, the social...Show More Summary

How poo-powered pumps help Pakistan’s farmers

Pakistani farmer Mujahid Abbasi uses dung from his 30 buffalo to produce nearly 40 cubic metres of gas per day. ||| Fateh Jhang, Pakistan - For farmer Mujahid Abbasi, switching the power source for his irrigation pump from diesel to biogas has brought economic and health gains. Show More Summary

It’s not that hard to have fun, once you retire

Because we are living longer, we can now spend as long in retirement as we can in our careers, writes Rodney Brooks. ||| Washington - It turns out that concerns about having all that time on your hands after you retire may be a bit overstated. Show More Summary

M&S boss maps out rocky road to recovery

The new boss of British retailer Marks & Spencer will deliver some uncomfortable truths to investors next week. ||| London - The new boss of British retailer Marks & Spencer will deliver some uncomfortable truths to investors next week: turning around its clothing business will require yet more costly change and could squeeze short-term profits. Show More Summary

Adidas begins push to ‘win the locker room’

Adidas wants to sign dozens of deals with American sports stars to boost sales in the long term. ||| Berlin - Adidas wants to sign dozens of deals with US sports stars in coming years, hoping that will provide a more lasting boost to sales than the current fashion fad for its retro sneakers, its North America head told Reuters. Show More Summary

A spa in Burger King? A Taco Bell lounge?

More and more chain restaurants in the United States are trying to make customers linger longer with novelty features like spas and games rooms. ||| Washington - If you've ever wanted to work up a nice sweat after eating a Whopper and a side of fries, a new Burger King has you covered. Show More Summary

A web of debt and inside tips

US federal authorities have laid out a tale of corporate intrigue, gambling debts and ham-handed cover-ups. ||| New York - The tips came to Billy Walters, the Las Vegas high-roller, by prepaid burner phones and during lunch meetings....Show More Summary

G7 to agree on ‘go-your-own-way' approach?

As years of aggressive money printing stretch the limits of monetary policy, the G7 policy response to anaemic inflation and subdued growth has become increasingly splintered. ||| Sendai, Japan - A rift on fiscal policy and currencies...Show More Summary

Zimbabwe’s cement industry seeks import tariffs

Zimbabwe’s cement industry wants the government to impose tariffs on imports from international manufacturers including Dangote Cement of Nigeria. ||| Harare - Zimbabwe’s cement industry has called on the government to impose tariffs...Show More Summary

Canada says GM salmon are safe to eat

Canada has approved a type of genetically modified salmon for sale - the first such animal to be cleared as safe for consumption in the country. ||| Ottawa - Canada approved a type of genetically modified salmon for sale, health officials said on Thursday, the first such animal to be cleared as safe for consumption in the country. Show More Summary

Richemont’s April sales plunge

The maker of Cartier jewellery and IWC Schaffhausen timepieces forecast a difficult first half after sales plunged 18% in April. ||| Zurich - Richemont, the maker of Cartier jewellery and IWC Schaffhausen timepieces, forecast a difficult first half after sales plunged 18 percent in April. Show More Summary

Best friends? Anglo keeps De Beers

Anglo American has retained De Beers as a prize asset after a radical overhaul. ||| Antwerp - Mining group Anglo American has retained De Beers as a prize asset after a radical overhaul in the belief that surging Chinese and Indian demand for diamonds will outstrip dwindling supply even after a 2015 crunch. Show More Summary

‘Oppenheimer Blue’ soars to world record

Rare blue diamond sets world record after dramatic see-saw bidding process during Christie's auction. ||| Geneva - The “Oppenheimer Blue”, a large and rare diamond, sold for 56.837 million Swiss francs ($57.6 million) at auction on Wednesday, setting a world record for any gem after a dramatic see-saw bidding process, Christie's in Geneva said. Show More Summary

Bayer makes a move for Monsanto

German drug and chemicals giant Bayer has made an unsolicited takeover offer for Monsanto - the biggest seed company in the world. ||| New York - German drug and chemicals giant Bayer AG has made an unsolicited takeover offer for Monsanto,...Show More Summary

Google doubles down on artificial intelligence

Google boss Sundar Pichai unveiled Google Assistant and Google Home at the company’s developer conference in California. ||| Mountain View, California - Alphabet's Google unveiled its answer to Amazon's Alexa virtual assistant alongShow More Summary

Copyright © 2015 Regator, LLC