Archive for Biz news

Facebook off to a flyer on Nasdaq

Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.

G8 leaders to tackle eurozone crisis

Leaders of major industrial economies will attempt to head off a full-blown crisis in Europe this weekend amid growing fears that Greece could leave the eurozone.

Manufacturing sector stable

Confidence in the manufacturing sector remained stable in the first quarter of the year, says the Manufacturing Circle.

Paulo from Bez Valley is back

Propeller Films are pleased to announce that Paulo Henriques is back in the hood. Well, not quite his old Bez Valley hood where he grew up, but South Africa generally.
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Cape Town to extend shark spotter funding

Cape Town will continue funding the Shark Spotters programme for the next three years, the city has said.

Samsung Galaxy SII upgrade popular

Eager to get your hands on Ice Cream Sandwich? Samsung gives some advice.

Gordhan: More involvement needed in Africa

Finance Minister Pravin Gordhan urged increased South African economic involvement in Africa.

Zuckerberg to ring IPO opening bell

Facebook founder Mark Zuckerberg will ring the opening bell as the social network he founded 8 years ago in his Harvard dorm room makes its long-awaited Wall St debut.

EU, ECB working on Greece exit plans

The European Commission and the European Central Bank are working on an emergency scenario in case Greece has to leave the eurozone, says an EU official.

Facebook’s share price set at $38

According to Business Report, international and local media companies report that Facebook's share price was fixed at US$38 ahead of its initial public offering, giving the company a market value of $104-billion.
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