POWER STEERING:
A Porsche employee is pictured holding the steering wheel of a Porsche 911. Porsche has taken over Volkswagen, the biggest European car maker, by purchasing more than 50% of its shares. - AFP
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Breaking News
Jan 07 2009 10:44
Absa Capitalt says it doesn't believe that the rand's current strength is sustainable.
Jan 07 2009 10:10
Indian shares have plunged nearly 6.7%, as shares in major software firm Satyam Computer fall by 60% after its chairperson resigned over a fraud scandal.
Jan 07 2009 07:22
A new report shows who lost most in last year's global stock market meltdown.
Jan 07 2009 12:49
The JSE has sunk into the red as investors around the world take profits and markets
consolidate after the recent big moves.
Jan 07 2009 09:40
Copper prices have rallied, up more than 5% as investors position themselves for a re-weighting of the Dow Jones AIG and S&P GSCI commodities indices.
Jan 07 2009 07:39
Oil prices are steady above $48 a barrel as investors juggled tensions in the Middle East and more bad US economic news suggesting slowing crude demand.
Jan 07 2009 07:51
Asian stocks have extended their new year's rally on hopes that stimulus measures from a new US administration would help speed the world's economic recovery.
Jan 07 2009 00:18
US stocks have gained amid hopes that emergency government measures will pull the global economy out of recession.