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Top Companies 2014
Russian President Vladimir Putin. Picture: REUTERS

EU adopts toughest Russian sanctions yet, targets five banks

5 hour(s) ago

Toughest measures aim to prevent Russian banks from raising money on Western capital markets, while others limit defence sales and the export of hi-tech equipment

Middle East

Netanyahu vows to complete destruction of Gaza tunnels

Israel's Prime Minister Benjamin Netanyahu pauses while delivering a statement in Jerusalem. Picture: REUTERS
8 hour(s) ago

Leaving open the option of widening a ground campaign in the Hamas-dominated Gaza Strip, the Israeli military says it has called up an additional 16,000 reservists

African News

Experts see low risk of Ebola spreading to US, Europe or Asia

9 hour(s) ago

Tracing every person who may have had contact with an infected case is vital to getting on top of the outbreak in West Africa, specialists say

Middle East

Gaza toll soars as Israel ‘days’ from completing tunnel hunt

An Israeli soldier sits on top of a tank along the border between Israel and the Hamas-controlled Gaza Strip. Picture: AFP PHOTO/GIL COHEN-MAGEN
17 hour(s) ago

Netanyahu presses assault as UN outraged at refugee deaths at Gaza shelter, while Palestinian deaths exceed 1,360 and 59 on Israeli side

Opinion

A Clinton in power cannot bring back the good times

If and when Hillary Clinton bids for the US presidency, her unofficial campaign anthem might as well be Yesterday

A man talks on the phone as he surfs the internet on his laptop at a local coffee shop in downtown Shanghai, China, in this November 28 2013 file photo.  Picture: REUTERS

The web giveth and taketh away

Internet provides a bounty but threatens jobs, writes J Bradford DeLong

Americas

Argentina defaults but investors see deal possible eventually

Picture: THINKSTOCK
6 hour(s) ago

Argentina defaults for second time in 12 years after talks with creditors fail, as focus turns to whether big banks and funds will request declaration of ‘credit event’

Europe

Russian bank offers targeted lenders help

Petro Poroshenko. Picture: AFP PHOTO
20 hour(s) ago

Central bank says if necessary it will take measures to protect the interests of their customers, depositors and creditors


International companies


Europe

BAT’s earnings burnt by stronger pound

Picture: REUTERS
20 hour(s) ago

British American Tobacco’s first-half earnings fall 9%, hurt by lower cigarette consumption and a stronger pound

Europe

New Barclays is ‘starting to emerge’

Barclays CEO Antony Jenkins. Picture: PUXLEY MAKGATHO
20 hour(s) ago

Barclays Africa’s UK parent reports its underlying profits fell 8% in the second quarter

World

Cost cutting raises Thomson Reuters profit

Picture: THINKSTOCK
20 hour(s) ago

News and information company reports higher than expected second-quarter profit as cost cuts buoy results

Middle East

Five Israeli firms to list in US

Picture: THINKSTOCK
1 day(s) ago

Markets shrug off Gaza crisis as five Israeli companies come to market with US initial public offerings, writes Gabrielle Coppola

The Bank of England.  Picture: REUTERS

BOE’s new rules come down heavily on bankers

Senior bankers could be forced to pay back bonuses for as long as seven years after they are awarded under new Bank of England rules to curb short-term risk-taking

Americas

Twitter eases investors’ concerns as revenue doubles

A Twitter logo made from Californian vehicle licence plates is shown at the company's headquarters in San Francisco, California. Picture: REUTERS
20 hour(s) ago

CEO Dick Costolo getting microblogging company back on track with Wall Street by drawing people to use the service more

Asia-Pacific

Rio sells coal assets after ill-fated deal

Smoke billows from chimneys at the Rio Tinto alumina refinery in Gove, 650km east of Darwin in Australia's Northern Territory.  Picture: REUTERS
20 hour(s) ago

Rio Tinto agrees to sell coal assets it bought through acquisition of Riversdale in 2011 to Indian joint venture, ending ill-fated venture in Mozambique’s coal sector

African News

Black boxes from Mali aircraft crash arrive in France

Algerian Transport Minister Amar Ghoul, centre, speaks at a news conference regarding Air Algerie flight AH5017 in Bamako on Sunday.  Picture: REUTERS
3 day(s) ago

France comes a step closer to finding out why an Air Algerie aircraft crashed into Mali desert last week as black boxes arrive in Paris

World

IMF warns of potential risks to global growth

Picture: REUTERS
2 day(s) ago

IMF says sharply higher interest rates could combine with weaker growth in emerging markets to slice as much as two percentage points off global growth in the next five years

Europe

Russia ordered to pay $50bn for seizing oil company Yukos

Russian Foreign Minister Sergei Lavrov. Picture: REUTERS/STRINGER
2 day(s) ago

Russia to use every means to defend itself after the arbitration court in the Hague orders it to pay $50bn compensation to Yukos shareholders

Americas

Business investment helps US economy recover

Picture: THINKSTOCK
20 hour(s) ago

Gross domestic product rises at a 4% annualised rate in fourth quarter, the most since the third quarter of last year

Asia-Pacific

Chinese regulator announces anti-monopoly probe of Microsoft

Picture: MARTIN RHODES
2 day(s) ago

Regulator says it is conducting an anti-monopoly investigation into Microsoft over Windows operating system, in latest in growing number of competition probes

Europe

Litigation bites at Deutsche, UBS

Deutsche Bank. Picture: MARTIN RHODES
1 day(s) ago

US regulators are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders

Europe

Jumia enters new African markets

Picture: THINKSTOCK
2 day(s) ago

Online retailer Jumia, a would-be African Amazon set up by a German venture capital firm, is expanding into Uganda, Ghana and Cameroon

Europe

Court orders Russia to pay billions in damages to Yukos shareholders

Russian President Vladimir Putin. Picture: REUTERS
3 day(s) ago

Arbitration panel orders Moscow to pay $51.57bn in damages to shareholders in defunct oil giant Yukos, saying officials manipulated legal system to bankrupt company

Europe

Merkel will see off Siggi Pop’s ‘seriousness deficit’

UNPRECEDENTED POPULARITY: German Chancellor Angela Merkel. Picture: REUTERS
3 day(s) ago

The German political landscape is strewn with men who have tried to take on Angela Merkel and failed

Middle East

Destroy Hamas at your peril, Pentagon chief warns

Palestinians inspect the rubble of destroyed houses in the Shejaia neighbourhood, which witnesses said was heavily hit by Israeli shelling and air strikes during an Israeli offensive, in Gaza City on Saturday. Picture: REUTERS
3 day(s) ago

Lt-Gen Michael Flynn, the outgoing head of the Defence Intelligence Agency, says the destruction of Hamas would lead only to something more dangerous taking its place

Americas

Exit of brewer’s CEO makes merger less likely

SABMiller CEO Alan Clark
3 day(s) ago

The retirement of Molson Coors Brewing CEO Peter Swinburn may be bad news for investors betting on a merger between Anheuser-Busch InBev and SABMiller

Europe

Russia takes aim at McDonald’s burgers as US ties worsen

Picture: MARTIN RHODES
5 day(s) ago

Russian consumer watchdog agency, previously accused of acting in the political interests of the Kremlin, says the US chain is guilty of sanitary violations

Asia-Pacific

China regulator says scandal-hit food supplier forged production dates

A Burger King outlet at Park Station in Johannesburg. Picture: THE TIMES
5 day(s) ago

The official Xinhua news agency says Shanghai Husi forged the production dates on smoked beef patties produced in May 2013 and sold them as being made in January 2014

Middle East

Hamas accepts 24-hour Gaza humanitarian truce

Smoke rises following what witnesses said was an Israeli air strike in Gaza City on Sunday. Picture: REUTERS
4 day(s) ago

However the sound of heavy Israeli shelling could still be heard within Gaza and sirens sounded in Israeli communities

Middle East

More fighting breaks out in Gaza after rockets hit Israel

Israel's Prime Minister Benjamin Netanyahu pauses while delivering a statement in Jerusalem. Picture: REUTERS
4 day(s) ago

Israeli tanks and artillery army pound targets along the coastal enclave, sending thick plumes of black smoke rising into the sky

Middle East

Twelve-hour Gaza humanitarian truce takes hold

Palestinians inspect the rubble of destroyed houses in the Shejaia neighbourhood, which witnesses said was heavily hit by Israeli shelling and air strikes during an Israeli offensive, in Gaza City on Saturday. Picture: REUTERS
5 day(s) ago

Palestinians in the Gaza Strip pour into the streets to recover their dead and stock up on food supplies

Europe

Fighting complicates Ukraine crash probe

Australia's Prime Minister Tony Abbott. Picture: REUTERS
4 day(s) ago

Europe and the US prepare economic sanctions on Russia over the conflict

Opinion & Analysis

Murdoch the deal maker overshadows the innovator

Media magnate Rupert Murdoch.  Picture: REUTERS
6 day(s) ago

Cable companies face new online and digital competition. This is difficult for them but good for consumers, and cannot be solved by mergers, writes John Gapper

Europe

Kingfisher clueless on what caused trading slowdown

Picture: THINKSTOCK
6 day(s) ago

Kingfisher not sure why it suffered a sharp slowdown in trading last month, particularly in France and Poland

World

IMF cuts outlook for global growth

International Monetary Fund MD Christine Lagarde. Picture: REUTERS
6 day(s) ago

The International Monetary Fund lowers outlook for global growth as expansions weaken from China to the US and conflicts raise risk of a surge in oil prices

Middle East

Ban appalled by attack on UN school in Gaza Strip

A trail of blood is seen in the courtyard of a UN School in the northern Beit Hanun district of the Gaza Strip on Thursday, after it was hit by an Israeli tank shell. Picture: AFP
6 day(s) ago

Fifteen Palestinians killed after Israeli shell hits school where hundreds of civilians took refuge, bringing the death toll in Gaza to 777

Asia-Pacific

Human remains still at MH17 crash site, says Abbott

Australia's Prime Minister Tony Abbott. Picture: REUTERS
5 day(s) ago

Australian Prime Minister Tony Abbott is sending troops to participate in a planned Dutch-led operation to secure the crash site

Opinion

A freer Scotland will still be run from London

An independent Scotland would still be run from London but with a bit more say over welfare and taxation issues

ASSET: A clump of iron ore from a mine. Picture: REUTERS

Beneficiation often not beneficent

A focus on raw materials can be restricting and if poor countries want to get rich they should stop exporting resources in raw form and focus on adding value to them, writes Ricardo Hausmann

Gadgets & Gear

L’Oréal make-up goes virtual for selfie age

Picture: THINKSTOCK
1 day(s) ago

New app is one way of attracting attention in competitive world of cosmetics, but is also latest step in digital direction for manufacturers of consumer products

Europe

London’s famed ‘gherkin’ on sale for £650m

The Gherkin, a glass tower in London. Picture: BBC
2 day(s) ago

Most ‘iconic office tower’ in the City’s skyline goes on sale after German property firm IVG Immobilien becomes frustrated at attempts to restructure debt

Europe

EU agrees to economic sanctions on Russia

Russian President Vladimir Putin. Picture: REUTERS
2 day(s) ago

The measures will shut state-owned Russian banks out of European capital markets and target the defence sector and sensitive technologies, including oil

Cricket

ICC warns England player over support for Gaza

Moeen Ali. Picture: STU FORSTER/GETTY IMAGES
1 day(s) ago

Moeen Ali is asked not to wear wristbands declaring support for Gaza, but International Cricket Council says he faces no disciplinary action on this occasion

Asia-Pacific

NEWS ANALYSIS: Malaysia Airlines’ outlook bleak after twin tragedies

A guard stands on a train carrying the remains of victims of Malaysia Airlines MH17 downed over rebel-held territory in eastern Ukraine after it arrived in the city of Kharkiv, eastern Ukraine on Tuesday. Picture: REUTERS
3 day(s) ago

Airline experts say the twin tragedies are pushing crisis-hit Malaysia Airlines to the brink of financial collapse

Middle East

UN Security Council calls for immediate Gaza ceasefire

A trail of blood is seen in the courtyard of a UN School in the northern Beit Hanun district of the Gaza Strip on Thursday, after it was hit by an Israeli tank shell. Picture: AFP
3 day(s) ago

Emergency session comes after Israel and Hamas ignore calls for a truce, with Israel pounding Gaza with artillery on Sunday after a night of rocket fire from Hamas

Opinion

The world is at war, only with rules as the weapons

It has become a war zone out there as governments seek to create and defend advantage of their citizens

Opinion

‘Great Power’ Germany can be good for Africa

Berlin must harness its Friedenspolitik (policy of peace) to an enhanced political and security role

Europe

Leading banks face suit for allegedly rigging price of silver

Deutsche Bank. Picture: MARTIN RHODES
3 day(s) ago

Deutsche Bank, HSBC Holdings and Bank of Nova Scotia are accused in a lawsuit of unlawfully manipulating the price of the metal and its derivatives

Europe

UK to allow fracking in parks in ‘exceptional circumstances’

Hydraulic fracturing drilling in Colorado, US. Picture: THINKSTOCK
3 day(s) ago

Extraction of shale gas will get go-ahead in national parks, world heritage sites, but rules will ensure operational best practices are implemented, enforced

Middle East

Gaza fighting flares, Netanyahu and UN chief spar on truce terms

The mother of a Palestinian child reacts following his death at a hospital in Gaza City on Monday.  Picture: REUTERS
3 day(s) ago

A fragile truce in Gaza for Muslim Eid al-Fitr festival is fraying as Israel’s prime minister says UN calls for long-term ceasefire ignore his country’s security needs

Americas

Argentina has two days to avoid highly risky default

Picture: THINKSTOCK
3 day(s) ago

Argentina has until Wednesday to pay hedge funds demanding full payment of its bad debts, or face a default that could have serious economic consequences

Europe

Russians are undaunted by additional western sanctions

PAYING LAST RESPECTS: A convoy of hearses carry the remains of the victims of the Malaysia Airlines flight MH17 plane crash from an air base in Eindhoven to Hilversum, The Netherlands, last Thursday, after a Dutch and Australian air force planes arrived from Kharkiv, Ukraine. Picture: AFP
3 day(s) ago

Western leaders have accused the Kremlin of supporting separatists in eastern Ukraine, a charge Moscow denies

Europe

Scrapping Costa Concordia could take up to two years

SUCCESSFUL RECOVERY: Italian cruise liner Costa Concordia is  towed into Genoa’s Voltri Port, Italy. Operations to dismantle the vessel could last up to two years. Picture: REUTERS
3 day(s) ago

The cruise ship’s arrival in the industrial port of Voltri, just outside the main harbour in Genoa, will cap one of the largest and most complex maritime salvages ever attempted

Americas

IMF says US will grow fastest in a decade next year on labour recovery

Picture: REUTERS
7 day(s) ago

IMF says it is ‘optimistic’ about the outlook for the US, where the labour market is ‘steadily improving’

Europe

Nokia returns to profit on restructure

Picture: REUTERS
6 day(s) ago

Nokia jumps back into profit, boosted by a restructuring after it lost its leading position in handsets and sold its phone division to Microsoft

Europe

European development bank to suspend all new investments in Russia

Picture: THINKSTOCK
8 day(s) ago

Move is likely to have a considerable effect in Russia — last year the London-based European Bank for Reconstruction and Development lent Moscow €1.8bn

Asia-Pacific

Concern eases as Huatong meets bond repayment

Picture: THINKSTOCK
7 day(s) ago

China avoids second default in its onshore corporate bond market, easing concern that financial-market instability could spread as debt rises and growth slows

Middle East

US lifts ban on flights to Israel as death toll tops 700

WAR-TORN: Smoke rises after Israeli tanks shelled the Shejaiya neighbourhood during a military operation in the eastern part of Gaza City on Monday. The Palestinian death toll has grown to 548 while 13 Israeli soldiers were killed inside Gaza on Sunday. UN chief Ban Ki-moon arrived in Cairo for top-level talks on Monday, which US Secretary of State John Kerry was expected to attend. Picture: REUTERS
7 day(s) ago

United Nations High Commissioner for Human Rights Navi Pillay, says there is ‘a strong possibility’ Israel is committing war crimes in Gaza

Europe

Rebels down two more aircraft, says Ukraine

A local resident walks past debris at the site where Malaysia Airlines flight MH17 crashed, near Petropavlivka village in the Donetsk region on Wednesday. Picture: REUTERS
7 day(s) ago

Aircraft hit by missiles fired by rebels close to the village of Dmytrivka, about 45km southeast of the MH17 crash site towards the Russian border

Asia-Pacific

Japanese banker seeks to rebuild trust in Bitcoin

Picture: BLOOMBERG/YURIKO NAKAO
7 day(s) ago

Yuzo Kano quit Goldman Sachs Group twice: once for a rival bank and the second time to open Japan’s first bitcoin exchange since the collapse of MtGox

Americas

Questions raised about US death penalty after yet another botched execution

Picture: THINKSTOCK
7 day(s) ago

Arizona inmate takes almost two hours to die by lethal injection, lawyers say procedure violated his right to be executed without suffering cruel, unusual punishment

 
All Share 51396.07-0.72% down
Top 40 46222.43-0.79% down
Financial 15 14558.94-0.20% down
Industrial 25 58799.66-0.74% down
Resource 10 59887.81-1.15% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
FTSE 100 6730.11-0.64% down
Dow Jones 16563.300.00% same
All Share 51396.07-0.72% down
ASX 5623.100.00% same
S&P 500 1930.670-2.00% down
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
USD/ZAR 10.70580.06% up
GBP/ZAR 18.08090.10% up
EUR/ZAR 14.33480.08% up
JPY/ZAR 0.10420.10% up
AUD/ZAR 9.95950.15% up
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank
 
All data is delayed by 15 min.
Data supplied by INET BFA
Standard Bank

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  • All Share : 51396.07
    Change: -0.72%
    Top 40 : 46222.43
    Change: -0.79%
    Financial 15 : 14558.94
    Change: -0.20%
    Industrial 25 : 58799.66
    Change: -0.74%
    Resource 10 : 59887.81
    Change: -1.15%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • FTSE 100 : 6730.11
    Change: -0.64%
    Dow Jones : 16563.30
    Change: 0.00%
    Hang Seng : 24756.85
    Change: 0.00%
    ASX : 5623.10
    Change: 0.00%
    S&P 500 : 1930.670
    Change: -2.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • ZAR/USD : 10.7056
    Change: 0.06%
    ZAR/GBP : 18.0838
    Change: 0.11%
    ZAR/EUR : 14.3345
    Change: 0.08%
    ZAR/JPY : 0.1042
    Change: 0.09%
    ZAR/AUD : 9.9602
    Change: 0.15%
    All data is delayed by 15 min
    Data supplied by INET BFA
  • Gold : 1282.6900
    Change: -0.02%
    Platinum : 1461.5000
    Change: 0.31%
    Silver : 20.3600
    Change: 0.12%
    Palladium : 873.0000
    Change: 0.69%
    Brent Crude Oil : 106.020
    Change: 0.00%
    All data is delayed by 15 min
    Data supplied by INET BFA
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