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feed text JSE shares dip
Fri, 25 May 2012 19:17:06 +0200

South African stocks ended a touch lower.


text Rescuers remove bodies from Kleinzee mine
Fri, 25 May 2012 19:17:10 +0200

Rescuers have recovered the bodies of five illegal miners from a disused diamond mine near Kleinzee.


text European CEOs push back activism
Fri, 25 May 2012 19:14:41 +0200

Fighting back in defence of their lucrative pay deals, Europe's company executives are targeting the investor advisory groups they blame for inflaming shareholder activism.


text Gold rises on firmer euro
Fri, 25 May 2012 18:56:44 +0200

Gold prices rose back above $1,560 an ounce in Europe.


text Absa online banking crashes
Fri, 25 May 2012 18:44:53 +0200

Clients hoping to cash in their end of month paychecks at Absa received a nasty surprise after the online banking system fell over.


text Greek fears hobble European equities
Fri, 25 May 2012 18:15:10 +0200

Relentless worries over a possible Greek exit from the euro zone checked European stock markets.


text Portugal to cut state spending
Fri, 25 May 2012 18:06:12 +0200

Portugal's Parliament has endorsed a four-year budget plan that places legal limits on state spending in an effort to restore the bailed-out country's fiscal health.


text ‘Euro zone must head toward banking union’
Fri, 25 May 2012 18:02:28 +0200

The euro zone needs to push ahead with its financial sector reform plans and create a centrally managed and funded body to handle troubled banks, a European Central Bank policymaker said.


text Durban taxi strike postponed
Fri, 25 May 2012 18:00:00 +0200

The Durban taxi strike has been put on hold until "a meeting involving all stakeholders is convened".


text Greeks not alone in bank savings exodus
Fri, 25 May 2012 17:59:15 +0200

Many Greeks have shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago.