Greg Smith, a.k.a. the modern-day Jerry Maguire, quit his job on Wednesday. This wouldn't be news if Smith weren't an executive director for Goldman Sachs, and nobody would have batted an eyelash if didn't publicly blast his company in a New York Times op-ed. But he was. And he did.
Tencent Holdings Ltd, China's biggest internet company by revenue, plans to step up its expansion in social networking, search and e-commerce to attract more online advertisers as it looks to diversify from its competitive core gaming market.
Harmony Gold, South Africa's third-largest bullion miner, said on Tuesday it would consider a Hong Kong listing once its massive Wafi-Golpu project in Papua New Guinea is up and running in around 5 years time.
South Africa's Impala Platinum said on Wednesday that the Zimbabwean government would have to find the money to buy the 31 percent stake it wanted in its local unit Zimplats or the stake would not be transferred.
Black economic empowerment laws call for the transfer of about 25 percent of mining equity to black South Africans
Ghana's full-year gold production declined by a few percentage points last year but is expected to rise in 2012, the head of its Chamber of Mines said on Friday.
Global investors in search of high-dividend equity plays are heading to emerging markets, abandoning their view of these stocks as a predominantly growth-based investment.
A South African court on Friday largely dismissed an appeal from government and unions to roll back approval for Wal-Mart's $2.4 billion acquisition of Massmart , ending months of uncertainty about the status of the deal.
South Africa apologized on Thursday for the mass deportation of 125 Nigerians after a yellow fever scare.
A war of words between South Africa's Impala Platinum and Zimbabwe intensified on Thursday, when the world's second-biggest platinum producer denied offering to hand over a stake in its local unit to the government.
Swiss mining giant Xstrata PLC said Thursday it will pay $500 million in cash to Talisman Energy Inc. for its Sukunka hard coking coal deposit in northern British Columbia, Canada.
Turkey has proved itself to be Somalia's best friend, and may the only country in the world actively trying to make Somalia a better place.
Tens of thousands of South Africans staged a one-day national strike on Wednesday, hitting mining production, as the biggest labour group in the continent's largest economy flexed its muscles to remind the ruling ANC of its political clout.
Gold prices snapped three days of losses to rise on Wednesday, helped by the euro paring losses versus the dollar, which eased negative currency effects on the precious metal, and by a tentative recovery in demand for physical gold at lower prices.
Gold is down more than 6 percent since late February, having dropped sharply from the year's highs after U.S. Federal Reserve chairman Ben Bernanke held off signaling a further round of U.S. monetary easing in a key speech.
Gold prices fell more than 1 percent in Europe on Tuesday, pushing through support at $1,690 an ounce, as jitters over whether private creditors will agree to a Greek bond swap deal and wider euro zone growth pressured the euro versus the dollar.
Surprisingly it's not the fear of UFO's from outer space touching down on the continent of Antarctica, but fear of the human race. Tourists that accidentally bring seeds and plants with them could threaten the ecosystem of the frozen land.
Ford Motor Co will focus on small, low-cost cars in India to make the country a manufacturing hub for Africa and the Asia-Pacific region, the head of its Indian operations said, as it races to catch up with global rivals in the fast-growing market.
One of the largest annual technical conferences, South by Southwest (SXSW), will begin Friday, March 9 and last until Sunday, March 18. Here is a full list of the SXSW 2012 music lineup for South by Southwest from March 13-18.
Impala Platinum said on Monday that the world's largest platinum mine had restarted as planned.
Gas prices are a potent weapon in an election year. TransCanada Corp's proposed $7-billion Keystone XL pipeline, which would move 800,000 barrels of oil a day from Alberta, Canada, to the Texas Gulf, has suddenly become an inalienable part in the election rhetoric.
South Africa's Impala Platinum Holdings Ltd. said Friday an illegal strike at its key Rustenburg operation has now cost it 120,000 ounces in lost platinum group metals production, which equates to 2.4 billion rand ($322 million) in lost revenue.
