Blog Profile / Business Report


URL :http://www.iol.co.za/business
Filed Under:Business & Finance
Posts on Regator:27372
Posts / Week:100.5
Archived Since:June 8, 2011

Blog Post Archive

Britain’s shoppers defy Brexit shock

British retail sales jumped by much more than expected in July, adding to signs there has been little immediate concern for consumers. ||| London - Shoppers in Britain shrugged off June's shock Brexit vote as retail sales jumped by much more than expected last month, adding to signs there has been little immediate hit for consumers. Show More Summary

Tencent’s splurge on entertainment pays off

Tencent’s shopping spree on premium content has helped defy investors’ expectations and a slowing Chinese economy. ||| Hong Kong - Tencent’s shopping spree on premium content from Game of Thrones to NBA broadcasts has again helped defy investors’ expectations and a slowing Chinese economy. Show More Summary

Cisco cuts more jobs

The biggest maker of equipment that runs the web plans to eliminate 5 500 positions from its workforce of more than 73 700. ||| San Francisco - Cisco Systems, the biggest maker of equipment that runs the internet, plans to cut about 7 percent of its workforce, trying to recast itself as a provider of software-based systems and services. Show More Summary

Lenovo’s revenue beats estimates

China’s Lenovo Group says first-quarter profit jumped nearly two-thirds, helped by a one-off asset sale. ||| Hong Kong - China's Lenovo Group, the world's biggest PC maker, said first-quarter profit jumped nearly two-thirds, helped by...Show More Summary

Nestle’s sales growth slows

Nestle CEO Paul Bulcke expects pricing to start rebounding in the coming months after reaching “historically low” levels. ||| Zurich - Nestle SA reported the slowest first-half sales growth since 2009 as the world’s biggest food company struggled to raise prices. Show More Summary

UK labour market unfazed by Brexit?

The first official measure of Britain’s labour market since the referendum on EU membership yielded some surprises. ||| London - The number of people claiming unemployment benefits in Britain unexpectedly fell in July despite the shock decision by voters to leave the European Union, suggesting little immediate impact from Brexit on the labour market. Show More Summary

Google’s Duo enters a crowded field

Google’s new video-chatting app is being billed as a simpler and more reliable way to see friends and family as you talk to them. ||| San Francisco - Knock, knock, Google's video-chatting app has arrived. Read also: Duo: Google's challenge...Show More Summary

Top miners to raise capital expenditure

BHP Billiton and Rio Tinto plan to raise capital expenditure as a firming rebound in commodity prices paves the way for growth projects. ||| Melbourne - The world’s two largest mining companies are planning to raise capital expenditure...Show More Summary

London’s new rules irk Uber

Uber takes legal action in the latest battle between London regulators and the ride-hailing service. ||| London - Uber has launched legal action against new rules in London such as written English tests for its drivers, in the latest...Show More Summary

Amazon woos women entrepreneurs

E-commerce titan Amazon sees women-owned businesses as fuel for its online marketplace. ||| Seattle - Amazon.com is making an effort to woo more women entrepreneurs to its online marketplace, which attracts 300 million shoppers fromShow More Summary

Duo: Google’s challenge to Skype?

Google unveils its new video chat application that works with devices running the Android operating system and Apple’s iOS. ||| San Francisco - Google nailed email with the 2004 introduction of Gmail. Now it's the No. 1 form of electronic...Show More Summary

Pokemon NO! How venues are shunning hit game

The global Pokemon GO craze shows no sign of slowing down - but some sites are limiting player access. ||| Paris - The global Pokemon GO craze has prompted a slew of complaints, from memorial sites arguing it's disrespectful to playShow More Summary

Malware found on hotel payment systems

Twenty hotels operated by HEI Hotels & Resorts may have divulged payment data from tens of thousands of transactions. ||| New York - A data breach at 20 US hotels operated by HEI Hotels & Resorts for Starwood, Marriott, Hyatt and Intercontinental...Show More Summary

Can you survive a device-free dinner?

If Snapchat is distracting you from your sugarsnap peas at the dinner table, maybe it’s time for a digital detox. ||| Washington - Sick of Snapchat popping up alongside your snap beans at dinner? Common Sense, an advocacy and education...Show More Summary

The summer job ain’t what it used to be

Remember babysitting and mowing lawns for cash in your teens? Today’s youngsters are moving towards volunteer work and gap-years. ||| New York - The summer job, once a rite of passage, isn't what it used to be. Read also: Internships...Show More Summary

The $4 coin worth $60 000

America’s Stella coin was minted in a limited run of two versions. Its face value was four dollars. Today, the coins are worth much more. ||| New York - In 1879, America's minister plenipotentiary to Austria, John Adam Kasson, successfully...Show More Summary

House by the beach? Watch the waves...

The rising sea level is one of the biggest threats to the world’s socio-economic prosperity, warns researcher Benjamin Horton. ||| New York - Climate scientists have long warned of a rise in sea level as global warming melts the world’s...Show More Summary

Making bricks and pizza behind bars

From the outside, Uruguay’s Punta de Rieles prison looks like any other. Inside though, the facility and its 700 inmates defy all kinds of stereotypes. ||| Montevideo, Uruguay - Alvaro Brusti had never worked in his life before he wound...Show More Summary

Pyjamas and cocktails at 35 000 feet

Why are the world’s top airlines rushing to provide sleepwear to travellers in premium cabins? ||| Dallas - The world’s premium airlines have rushed to make their first and business-class cabins pleasure domes of comfort. Read also:Show More Summary

Mobile phones becoming ubiquitous in China

China had 1.3 billion mobile users by the end of 2015 - and nearly 30 percent of them were connected to the 4G network. ||| Beijing - Sometimes it seems that no one in China, from toddlers to octogenarians, ladies in swimming pools to delivery men mid-manoeuvre, is without a cellphone to hand - and statistically it is more or less true. Show More Summary

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