DOWN

Telkom CEO to step down at end of March

Telkom
Telkom, Africa's biggest fixed-line phone operator, said on Friday its acting chief executive officer will not renew his contract when it expires at the end of March, sending its shares lower.
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Ethiopia cracks down on price-cap violators

Ethiopia has penalised retailers and suppliers in the capital who raised the prices of consumer goods such as bread by amounts higher than caps set in January, authorities said on Thursday.
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Gold Price Drops 5% from Record, Silver Down 9% in a Week

The Gold Price in Dollars slid to a near 6-week low in early London trading on Friday, dropping below $1360 an ounce, but then bounced back to $1369 as New York trading began and Non-Farm Payrolls showed a rise of 103,000 - below analyst forecasts - and the labor-force participation rate slipped further below two-in-three.
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Jobless claims up, underlying trend still down

New claims for jobless benefits moved higher last week, but a decline in the four-week average to a nearly 2-1/2 year low indicated a trend toward better labor market conditions remained intact.
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Gasoline demand down 12.5 post holiday: MasterCard

Retail gasoline demand fell 12.5 percent last week as Americans took days off work after the Christmas holiday, reducing commutes on the last week of the year, MasterCard Advisors' SpendingPulse report showed on Tuesday.
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October home prices down for 4th straight month

Prices of single-family homes fell almost double the expected pace in October, the fourth straight decline, data from a closely watched survey showed on Tuesday, fresh evidence the housing market continues to struggle.
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Global stocks dip, oil down after China rate rise

China's Christmas Day interest rate rise and a severe blizzard that blanketed the northeastern United States left U.S. share prices weak and the U.S. dollar lower in thinly traded markets on Monday.
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Skype recovering, still down for 20 percent

Internet calling service Skype said its system was still down for around 20 percent of users on the second day of its biggest outage in more than three years, although service was gradually recovering.
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Starbucks says grocery coffee share down since 2004

Starbucks Corp unveiled new details about its unraveling relationship with Kraft Foods Inc on Wednesday, ahead of a court conference on Kraft's request to force Starbucks to stop plans to take over distribution of its packaged coffee.
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U.S. yields slip as selloff pauses, dollar down

U.S. Treasury prices edged up on Thursday as bargain hunters entered the fray after a violent two-day surge in yields, pulling the dollar lower, while Asian stocks rose on hopes added fiscal stimulus will help the U.S. economy in the near term.
Paypal admits to US pressure, and hackers warn of attacks on website and Twitter

Hackers Bring Down MasterCard Site, Threaten PayPal

Hackers, possibly in retaliation for attacks on Wikileaks, forced down the website of the international credit card service MasterCard on Wednesday and warned PayPal they could be next. PayPal has admitted that the US Government was behind the company's decision to sever ties with Wikileaks.
Donna D'Errico

TSA full body scan irks former 'Baywatch' actress Donna D'Errico

Here’s someone who “caught” America’s Transportation Safety Administration (TSA) agent’s eyes at Los Angeles International Airport. The former ‘Baywatch’ actress Donna D'Errico claims that a TSA agent pulled her for body scan without giving a choice of undergoing pat-down search, as per the normal procedure.
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Calibrating China's cool-down

China needs to slow down its economy enough to cool inflation at home without putting a drag on growth in the rest of the world.

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