The rand firmed against the dollar in late afternoon trade following the release of better-than-expected US jobs data.
Archive for News
Rand firms against dollar after US data
EU probes new Google privacy policy
The EU’s data protection authorities have asked Google to delay the roll-out of its new privacy policy until they have verified that it doesn’t break the bloc’s data protection laws.
Implats to replace, rehire fired workers
Impala Platinum says it will start recruitment of new workers or the rehiring of dismissed employees next week after laying off more than 17 000 for going on illegal strikes.
US employment surges, jobless rate down
The US economy added jobs at the fastest in nine months which brought the unemployment rate down to 8.3%.
Megaupload boss’ bail appeal rejected
Megaupload boss Kim Dotcom has failed to overturn a ruling that he remain behind bars in New Zealand while US officials seek his extradition for alleged copyright piracy.
Old Mutual to pay special dividend
Shareholders in financial Services group Old Mutual are to get a dividend worth £1bn after the sale of its Nordic business.
Merged Glencore, Xstrata may aim for iron ore
A tie-up between miner Xstrata and commodities trader Glencore is expected to lead to takeovers in iron ore, say industry players and analysts.
Nasa still confident in Russian partner
Despite a spate of Russian space accidents last year, Nasa says it remains confident in its partner’s ability to fly crew and cargo to the International Space Station.
Investec in profit warning
Investment bank and asset manager Investec, has reported a 5.6% dip in nine-month profit, hit by a decline in principal transaction income as the deal flow remains thin.
‘Superprawn’ snared off New Zealand
Scientists have captured a “supergiant” crustacean in waters 7km deep off New Zealand, measuring 10 times the normal size of related species.
