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Financial Services

Investec sells $877m of Irish loans

50 minutes ago

Investec has sold £540m of Irish mortgages to a US private equity firm, marking its second deal this month to get rid of loans it not longer wants.

Travel & Leisure

World's biggest tourism operator formed

Sep 15 2014 09:54

German travel group TUI and its British subsidiary TUI Travel have finalised terms on creating the world's biggest tourism operator.

Property

Redefine building in CT CBD going green

Sep 14 2014 17:40

Redefine Properties’ environmental sustainability application of Green Building principle will see a major transformation of the The Towers in Cape Town’s CBD.

Retail

Jooste: Change coming in SA furniture industry

Sep 14 2014 15:21

A new furniture store concept is being tested in SA, which is based on the larger furniture stores Steinhoff owns in Europe, says Steinhoff CEO Markus Jooste.

Travel & Leisure

Air France to run fewer flights as pilots strike

Sep 14 2014 16:00

Air France will operate only 40% of its flights as pilots begin a strike over company plans to cut costs to recapture market share from budget airlines.

Financial Services

JPMorgan hackers accessed servers

Sep 14 2014 15:00

Hackers have accessed dozens of servers at JPMorgan Chase & Co in a cyberattack launched in June, though no money was taken.

Financial Services

HSBC, US government reach settlement

Sep 14 2014 14:30

London-based lender HSBC Holdings has become the latest financial firm to settle claims by the US government over the sale of mortgage-backed securities.

Financial Services

UK banks slam leverage plans as too complex

Sep 14 2014 14:15

Britain's banks have slammed plans to impose new capital rules for lenders and said the "leverage ratio" proposals are far too complex.

Retail

Retrenchments, closures planned for Ellerine

Sep 14 2014 11:41

African Bank's loss-making Ellerine furniture group has started a process of retrenching staff and closing certain shops.

Inside Fin24.com

 
Financial Services

Former African Bank boss apologises

Sep 14 2014 09:18

Former African Bank executive Tami Sokutu has finally apologised for having dismissed the poor who borrowed from the embattled bank.

Industrial

Shell revives plan to sell LPG business

Sep 12 2014 19:30

Royal Dutch Shell has appointed Credit Suisse to advise on the sale of its European liquefied petroleum gas business, the Financial Times reports.

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Small Business

Businesses, especially call centres, need mechanisms to monitor performance in real time to help improve individual performance within a team, says 1Stream boss.
 
 

LOL! 7 brutally honest texts from parents

Sometimes honesty is not the best policy!

 
 

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