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Ex-Goldman director faces U.S. jury in insider case

Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles.

Watchdog to probe UK minister in News Corp row

Britain's beleaguered media minister Jeremy Hunt, under fire over his contacts with Rupert Murdoch's News Corp, came under renewed pressure on Monday after a parliamentary watchdog said it would investigate allegations he had failed to declare donations from media firms.

French prosecutors to probe Strauss-Kahn rape accusations

French prosecutors on Monday opened a preliminary investigation into accusations that disgraced ex-IMF chief Dominique Strauss-Kahn took part in a gang rape in the United States.

NATO to endorse Afghan exit plan, seeks routes out

NATO leaders will endorse plans to hand over combat command in Afghanistan by mid-2013 on Monday and seek practical progress in opening routes to bring an international army of more than 130,000 back home from an unpopular, resource-draining war.

US cities wrestle with universities for cash

In 1978, after New York City had barely escaped bankruptcy, Mayor Ed Koch went looking for cash from an unlikely source: the city's colleges and other nonprofits, which do not pay taxes on their valuable land.

More World News

IMF to review Greek progress after June elections

The International Monetary Fund will not return to Greece to review its loan program before Athens holds fresh elections on June 17, an IMF official has said.

Bosnia Serb region lifts debt ceiling as IMF arrives

Lawmakers in Bosnia's Serb Republic have lifted the region's debt ceiling to 60 percent from 48 percent of gross domestic product, a day after the cash-strapped country opened talks with the International Monetary Fund on a new loan deal.

Strong quake hits Northern Italy,at least four dead

A strong earthquake has rocked a large swathe of northern Italy early on Sunday, killing at least four people, injuring dozens and seriously damaging historic buildings such as churches, bell towers and a mediaeval castle.

Obama, UK's Cameron hit the diplomatic treadmill

US President Barack Obama and British Prime Minister David Cameron resorted to a spot of treadmill diplomacy to tackle the world's problems on Saturday, sweating over the euro zone debt crisis while working out at the gym.
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Myanmar government and rebels 'ink deal to eradicate drugs'

Myanmar's government and ethnic rebels engaged in peace talks signed a deal Saturday to wipe out drug production in Shan state, a minister involved in negotiations told AFP.

Japan Post Insurance expects lower JGB investment volume in 2012/13

Japan Post Insurance's investment in Japanese government bonds is expected to fall by 2.1 trillion yen ($26.13 billion) in the current financial year against the previous year, and it will concentrate on investing in superlong Japanese government bonds (JGBs), the company's chief portfolio manager said on Thursday.

Chinese boats seized by North Koreans in rare public spat

North Korean officials have demanded payment before they will release Chinese fishing boats with a total of 29 men onboard, Chinese media reported on Thursday, in a rare public spat between the neighbours and longtime allies.

Iran petchem exports plunge due to EU sanctions -traders

Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport the cargo due to EU sanctions, according to traders and shipping data.

Iran nuclear concession would test big power unity

Facing an imminent toughening of sanctions, Iran is hinting at a readiness to give some ground in its long nuclear stand-off with world powers, but any flexibility could split their ranks and lead to protracted uncertainty about how to respond.

ZTE confirms security hole in US phone

ZTE Corp, the world's No.4 handset vendor and one of two Chinese companies under U.S. scrutiny over security concerns, said one of its mobile phone models sold in the United States contains a vulnerability that researchers say could allow others to control the device.

Anti-war protesters march at Obama campaign headquarters

A small group of anti-war demonstrators staged a peaceful "die in" on Thursday at President Barack Obama's election campaign headquarters in Chicago to demand an end to the war in Afghanistan and unmanned drone aircraft attacks overseas.

Senate Republicans block Iran sanctions vote

Senate Republicans blocked legislation for new economic sanctions on Iran's oil sector on Thursday saying they needed more time to study the bill, a surprise move that drew anger from Democrats who wanted approval ahead of nuclear talks next week.

Buffett tried to buy ResCap before bankruptcy

Billionaire investor Warren Buffett sought to buy Residential Capital (ResCap) from Ally Financial before the US auto and mortgage lender put its home-lending unit into bankruptcy, Bloomberg said, citing three persons familiar with the matter.

Russia faces fuel crisis after railway wagon ban

Russia, the world's largest oil producer, faces domestic fuel shortages after authorities restricted the transport of crude oil by rail, forcing several refiners to cut production, industry and market sources said

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    Mon May 21 19:09:15 SAST 2012
  • 1

    Graft claims undermine Malema's rehabilitation bid

  • 2

    Battle over low tariffs heats up between Vodacom & Cell C

  • 3

    Gordhan's great debate

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    Zuma hits back at Moeletsi Mbeki's remarks

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    Motsepe tops Sunday Times Rich List

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    Standard Bank dual payment card 'world first'

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    State was warned against e-tolls - report

  • 8

    Sexwale ruffles builders' feathers

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    Khoza sticks to his guns on leadership

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    House market in the doldrums

    Mon May 21 19:17:16 SAST 2012
    " Sexwale ruffles builders' feathers
    Or they can just prevent tenderpreneurs from bidding for state contracts? '
    21 May, 4:48PM
    Avatar
    Jillian
    Alcott
    " Government to appeal e-tolling court order
    It would be valuable to know what the real issue is. The appearance is that Sanral is reluctant to handover the contracts and documents necessary for public scrutiny. Why does the government insist on an approach that creates suspicion of corruption. If there is nothing to hide, why treat the public as if they are uneducated brainless idiots. It is an insult to South Africans to be treated like this.

    This is not a decision for the Courts. It is a question of honest disclosure. Why must the government fight all their issues in the Courts?

    Why waste money on a legal appeal? Just give us the public documents. Unless of course there is something to hide ..... '
    21 May, 1:56PM
    Avatar
    Steve
    Mileman
    " Khoza sticks to his guns on leadership
    I fully agree with you Investor44...'
    21 May, 1:34PM
    Avatar
    Sandile
    Mdose
    " Standard Bank dual payment card 'world first'
    These cards were a disaster at OppiKoppi, festival goers had to wait 2-3 hours just to load their cards and unused credits couldn't be reclaimed. Cash would have been a far more efficient system (at least in the context of the festival) The major sell point used was that by using the card you didn't have to worry about losing cash, but what if you lose the card..?'
    21 May, 1:09PM
    Avatar
    Philip
    Raw
    " Gordhan's great debate
    Pity of all the Govermnment pension that was invested in this e-toll. But so are the money lossed by investing in Telkom, Escom, Development Bank........... All the loosers. How can money be invested in illegal e-toll. Internationally there must be an Alternative road for people to use. '
    21 May, 10:55AM
    Avatar
    Elsa
    Maree
    Mon May 21 19:11:53 SAST 2012
  • 1

    Impediments to SA job creation (Video)

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    The positives of the National Planning Commission (Video)

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    Final battle with Absa not won yet, says union

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    African internet services still too costly: Seacom

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    Business blasts government inefficiencies in new survey

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    SA economy is solid at its core says economist (Video)

  • 7

    Second language dilemmas

  • 8

    Time to reduce foreclosures in SA

  • 9

    No monkeys in SA retail space: Spar (Audio)

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