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Financial Services

BoE's next move likely to be rate hike

Feb 27 2015 17:15

The Bank of England is expected to increase the interest rates because the factors that have pushed down inflation sharply are largely transitory.

Financial Services

France to hand Austria HSBC tax data soon

Feb 27 2015 18:58

France will soon hand over to Austria tax data linked to leaked client data of lender HSBC Holdings after admitting failings in compliance at its Swiss private bank.

Mining

Zimplats slips on low prices and mine closure

Feb 27 2015 13:35

Impala Platinum's Zimbabwe-based unit Zimplats reported a significant half-year profit drop due to lower metal prices and the write-off of its Bimha mine.

Industrial

Airbus increases A320 rate, adjusts A330

Feb 27 2015 13:17

Airbus has decided to further increase the production rate for its A320 family, matching market demand.

Retail

Walmart joins growing US march on wage hikes

Feb 27 2015 13:45

Walmart, the largest retailer in the United States, is increasing wages, and economists are hoping to see a chain reaction.

Financial Services

Old Mutual profit drops on currency fluctuations

Feb 27 2015 11:08

Old Mutual said 2014 profit for its globally-expanding insurance company fell after the average rate of the rand weakened 18% against the pound.

Travel & Leisure

Budget carrier AirAsia net profit slides

Feb 27 2015 10:45

Malaysia-based AirAsia's net profit has slid by nearly a quarter in 2014, dragged down by high operating costs and foreign exchange losses.

Mining

Sibanye Gold not keen on Implats Marula mine

Feb 26 2015 19:19

Sibanye Gold, which says it wants to expand into platinum, says it is not interested in Impala Platinum’s Marula mine.

Mining

Implats says no job cuts in Rustenburg revamp

Feb 26 2015 16:26

Impala Platinum will revamp its Rustenburg mines to boost productivity, but staffing levels will stay the same at the centre of often violent labour unrest, its chief executive says.

Travel & Leisure

Qantas roars back into black

Feb 26 2015 15:00

Australian carrier Qantas has roared back into the black after an aggressive shake-up to stem mounting losses, posting its best interim result in four years.

Inside Fin24.com

 
Property

Have R65m spare? Check out this 'palatial mega mansion'

Feb 26 2015 13:15

A Pretoria mansion described as one of the country's most luxurious houses, with an estimated value of R65m, is set to go under the hammer next month.

Industrial

Moody's downgrades ratings for Petrobas

Feb 26 2015 14:30

International ratings agency Moody's says it has downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras.

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