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Cashbuild shares soar on revenue surge

Sep 02 2014 15:07

Building retailer Cashbuild has recorded a 6% increase in revenue to R6.78bn, sending its share price higher by 7%.


Airbus, UWC research hydrogen fuel cells

Sep 02 2014 14:28

Hydrogen South Africa Systems, the National Aerospace Centre and Airbus are teaming up at UWC to research use of fuel cells for commercial airliners.

Financial Services

Insider traders in US face longer prison terms

Sep 02 2014 15:00

US judges are imposing long prison terms for insider trading, the rise is at least partly driven by the bigger profits being earned through illegal schemes.

Financial Services

UK accounting watchdog fines Mazars

Sep 02 2014 14:00

Britain's accounting watchdog has fined audit and advisory firm Mazars for failing in 2007 to meet regulatory standards while advising a pension fund.

Travel & Leisure

R3bn upgrade for CT airport in pipeline

Sep 02 2014 12:42

The Airports Company of SA has spent R323m on runway rehabilitation by end-August and plans to spend over R3bn on a new runway at the Cape Town International Airport.


Vote to scrap Aus super profits tax

Sep 02 2014 13:06

Australia's upper house Senate has voted to repeal a tax on mining industry super profits, a major victory for conservative Prime Minister Tony Abbott.


Ascendis Health issues trading update

Sep 02 2014 12:30

Ascendis Health expects statutory headline earnings per share and earnings per share for the full year to be between 64 cents and 67c per share.


JD Group soars on finance unit sale news

Sep 02 2014 10:16

The share price of JD Group has jumped more than 5% in early trade after the struggling furniture retailer said it will sell its financing arm.


Burger King manoeuvres to cut US tax bill

Sep 02 2014 09:58

The Burger King rate is 30% lower than the average tax rate it paid in the five years before it was bought in 2010 by private equity group 3G.


Avian flu hits China poultry farm

Sep 02 2014 08:30

Nearly 18 000 geese have died on a poultry farm in northeast China after being stricken by the H5N6 bird flu virus last month.


Travel & Leisure

OR Tambo gets first female GM

Sep 01 2014 19:50

Bongiwe Pityi has been appointed general manager of OR Tambo International Airport, the Airports Company SA has announced.


Rhodes aims to raise R600m through listing

Sep 01 2014 19:32

Manufacturer of frozen food and prepared meals Rhodes Food says it plans to raise R600m through a listing in Johannesburg.

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