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Exclusive South Africas NUM seeks 15-60 percent wage hikes from gold coal producers
JOHANNESBURG (Reuters) - South Africa's National Union of Mineworkers said on Sunday it would seek pay hikes of up to 60 percent from the country's gold and coal producers in upcoming wage talks which are expected to be among the toughest ...
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Should You Pay Off Your Exs Credit Cards
and you are flailing in the icy waters of the North Atlantic, the banks are not rescuers, they're sharks. In other words, divorces can get messy -- sometimes really messy -- and it should come as no surprise that money is often at the root of the problem. Getting through the divorce is hard enough, but the money problems don't always end when the papers are signed. In fact, joint ...
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BoE governor King warns of euro risk to British recovery
Governor of the Bank of England Mervyn King speaks to employees during the opening of the Prudential Regulation Authority, in central London April 2, ...
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Bankia compensation qualms signal loss of faith in Spains banks
BKIA.MC ) are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore faith in the banking ...
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BOEs King More Needs to Be Done for U.K. Recovery - TV
More needs to be done to secure the U.K.'s economic recovery, Bank of England Gov. Mervyn King said Sunday."We are seeing a recovery. It's only a modest recovery, and we certainly can't be satisfied with it," Mr. King said in excerpts of an interview to be broadcast on Sky News at 0900 GMT.He added policy makers need to do more to drive recovery and ensure idle resources ...
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Abuse of women and children – even nice guys are guilty of looking away
Suzanne Moore leads a phalanx of angry women with a lot to say about the flood of abuse cases, but men have signally failed to rise to the ...
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Microsoft to launch new Xbox game console this week
Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.But the small device faces some big competition from the PlayStation 4 by Sony Corp and the Wii U by Nintendo Co Ltd in a shifting market.Gamers are gravitating to ...
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Independent Scotland open to Cyprus-style bank risks says Britain
Reuters © Scotland's Finance Secretary John Swinney gestures during his draft budget address in the debating chamber of the Scottish Parliament in Edinburgh, Scotland September 20, 2012. REUTERS/David ...
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Winning ticket for 590-mln-dollar Powerball jackpot sold in Florida
The winning ticket was sold at a supermarket in Zephyrhills, Florida. No further details on the lone winner was available. The numbers drawn Saturday were: 10, 13, 14, 22 and 52 with a Powerball number of ...
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Kuwait replaces oil officials at KPC after $2.2 billion Dow payment
KUWAIT (Reuters) - State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co ...
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Microsoft holds NGOs Connection Day in Accra
The event organised on the theme, "Technology for Social Good" was to help NGOs harness the power technology in the delivery of their social ...
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Microsoft poised to invest in promising ICT experts in Ghana
Accra, May 18, GNA - Microsoft is poised to invest in the young and promising Information Communication Technology (ICT) experts who are willing to transform Ghana through the power of ...
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Green Deal debt may have to be repaid before property sold
energy efficiency improvements in their home with no, or little, upfront cost; instead, these are funded by a loan repaid through their electricity bill.Crucially, the "golden rule" of Green Deal is that you should not pay back more in loan repayments than you are saving on your energy bill - but this can mean that, depending on the cost of the improvement, you could be making loan ...
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Market to take cues from FIIs inflows corporate earnings
Fifteen touch-screen smartphones to consider below Rs 15,000 Within the huge list, we take a look at fifteen touch-screen smartphones that have been ...
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Weak yen helps drive Japan earnings but no cure-all
Japan's earnings season has drawn to a close with the sharply weaker yen helping inflate profits at some of the nation's top exporters, but, warn some commentators, the drop is not all good news. Sony booked its first annual profit in five years, Toyota more than tripled its earnings in the fiscal year to March and the head of rival automaker Nissan hailed the taming of the currency. ...
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Fed up with ben
"We don’t have to worry about a recession - we are in a depression," says James Rickards."If you take the classic definition of a sustained, long-term downturn with economic growth below trend, then we are in the midst of a depression," says the senior managing director of Tangent Capital and author of "Currency Wars."Rickards doesn’t see Fed Chairman ...
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France Must Take Deficit Cuts Seriously Bundesbank head
France has a special responsibility as a euro zone heavyweight to take deficit reduction rules seriously, even though its budget deficit is above target, Bundesbank President Jens Weidmann said in an interview published on ...
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These Cloud Stocks Can Fly Pros
cloud computing , which allows consumers and businesses to access data and applications anywhere, anytime. "You have to focus on cloud as a tech investor at this point," Ken Allen, technology portfolio manager at T. Rowe Price, told CNBC this week. "It cuts across the industry, across subsectors." Given cloud computing's potential, Wall Street analysts remain bullish on ...
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Google Faces Fresh Claims On Tax Avoidance
A former Google executive has accused the company of cheating the taxpayer out of hundreds of millions of pounds. Barney Jones claims the firm has been running an "immoral" tax avoidance scheme for the past decade. The 34-year-old, who worked at the company between 2002 and 2006, made his allegations to The Sunday Times. "The real victims are ordinary taxpayers in Britain ...
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Wall Street needs to pay its fair share
I read with interest the letter by Congressman McKinley bemoaning the jobless recovery saying that " what's happening on Wall Street is not translating to Main Street across America." So true. Since he asked "What can Congress do to help?" I'd like to make some commonsense suggestions to our representative that would help our local Main Street businesses, struggling ...
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Sharp CEO California is what I know
May 14, 2013-SAN DIEGO, CA Sarah Cleary, right, a Sharp Rees-Stealy licensed vocational nurse at the Sorrento Mesa clinic takes measurements of 11-month-old Lili Ayson, center, during a visit with her father, Jeremy Ayson, left, of Mira ...
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The Star Tribune 100 This year its a top-heavy list
The Star Tribune 100 is getting thinner at the bottom and heavier up top. The 10 firms at the top of our list of the state’s biggest public companies brought in 79 percent of the revenue generated by the whole index in 2012. Ten years ago, their share was 71 percent. Many factors have combined to thin the ranks of up-and-comers. Going public has become more difficult and costly, ...
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Star Tribune 100 Comings and goings
Deals The biggest additions to the Star Tribune 100 this year are not new companies but acquisitions by some of our biggest companies. The biggest deals last year include: ...
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Best Buy is selling the countrys first 60-watt equivalent LED light bulb for $10
Best Buy is waiting for you. The Richfield-based electronics retailer quietly introduced 40- and 60-watt equivalent LED bulbs late last year for $15 and $18, but a subsidy ...
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Rebalancing is a simple but effective way to manage your money
Q: Is there a preferred way to rebalance a portfolio? My bond funds need an infusion. It seems like it might be good to harvest some of those stock increases by moving money from equity funds to bond funds. Dawn A: Rebalancing a portfolio is a simple but effective money management technique. The essence of investing is uncertainty. For example, I'm an optimist on equities and the ...
Brisbane Digest
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Cost of driving is becoming punitive in Brisbane
Is driving in Brisbane becoming punitively expensive? With the recent toll increases, on top of those made in 2006 and 2008, as well as last year, and the recent mis-management surrounding the privatisation of major roads in Sydney, it seems that using major roads in Brisbane is going to become even more expensive.
Brisbane, like many cities across Australia, is facing a mounting budget deficit in the wake of the near-crippling financial crisis and ensuing recession, as the state capital, it must also oversee Queensland’s plunge in revenues, which has created a budget deficit of over $2.3 billion for the state. Read more
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