Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
New York - US stock markets closed with modest losses on Tuesday, climbing back from a steep initial sell-off sparked by fears that Europe's sovereign debt crisis was spiraling out of control.
The Dow Jones Industrial Average was down 99.14 points to stand at 11 141.12 in closing trade.
The broader S&P 500 fell 8.55 points to 1 165.42, while the tech-heavy Nasdaq Composite slipped 6.33 points to 2 474.00.
US stocks fell more than 2% in early trade amid fears that European governments were faltering in their efforts to resolve the debt crisis and amid concerns over the United States's own flagging economy.