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Wednesday, December 7, 2016


All business related stories

Wall Street stocks close lower

Major US stock indices closed lower Thursday after a leading package delivery service predicted slower economic growth in the next few quarters. FedEx, the world's...

Luxury brands target Nigerian elite

Glittering sapphire necklaces, designer suits against perfumed skin, the taste of freshly popped Champagne and the roar of a speeding Porsche: the five senses...

Kitchen Sink joins trade dispute between China and US

US trade authorities on Thursday announced an investigation into yet another Chinese export product, this time the veritable kitchen sink. The US Commerce Department said...

CPI for February encouraging

Consumer price inflation of 6.1 percent year on year for February is encouraging, an economist said on Thursday. "At 6.1 percent, today's CPI -- although...

Saudi Arabia looks to organic farming methods

Farming in Saudi Arabia has long been considered an ecological nightmare due to the country's high temperatures and arid climate, in which cowsheds are...

China manufacturing falls to four month low

China's manufacturing activity fell to a four-month low in March, HSBC said Thursday, raising worries over slowing growth in the world's second largest economy. HSBC's...

Early eviction over rental arrears

This week the Property Poser panel clarifies a situation in which a reader is being threatened with early eviction due to outstanding rental payments. The...

Dollar gains on the back of concerns over China slowdown

The dollar is rising against the euro on concerns that China's economy is slowing. A report showed that home prices in 45 Chinese cities fell...

ArcelorMittal mothballs Luxemborg plant indefinitely

Steel-making giant ArcelorMittal has closed its Schifflange site in Luxembourg indefinitely, union officials said Tuesday, increasing fears that the plant will close permanently. "Management informed...

Austrian company made R1.2 billion from SA tolling system

An Austrian company that won the bid to build and operate Gauteng's e-tolling system made R1.2 billion in one year from its South African...


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