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Feb 13 2012 12:15
Miner Xstrata says it has brought forward maintenance on two furnaces to assist Eskom to save power.
Feb 13 2012 10:43
Although jobs were created, the economy is still 420 000 jobs short of the peak employment level before the 2009 global financial crisis, says Adcorp.
Feb 13 2012 07:58
Greek lawmakers have approved a new round of drastic austerity measures after a long day of street battles between police and protesters left dozens injured.
London - Britain's new "superbank" Lloyds Banking Group started trading Monday with a pledge to cut costs by at least £1.5bn a year by 2011.
The new banking giant, created through an emergency merger between Lloyds TSB and HBOS, one of Britain's major mortgage lenders, will have a staff of 145 000 at 3 000 branches across Britain.
At the height of the banking crisis last September, competition rules were waived to allow the merger to go ahead as HBOS - Halifax Bank of Scotland - was buffeted by the growing turbulence in the banking sector.
- Sapa-dpa