INVESTMENT

In 2008, Microsoft tried -- and spectacularly failed -- to buy Yahoo at a price of $33 per share, which valued the company at about $47.5 billion. Yahoo now has a market cap of about $20 billion and is trading at just under $16 per share.

Successful Business to Business Partnerships in Africa Partnerships Crucial to Navigating Local Business Climates and Seizing Investment Opportunities CEO Recommendations for Forming and Executing Partnerships are highlighted in a new white paper.

Francois Gouws and Yassine Bouhara, the co-heads of UBS’ global equities, handed in their resignations, apparently taking responsibility for the actions of the London rogue trader who perpetrated illegal trades.

South African share prices rose on Wednesday with investors snapping up stocks they felt had been over-sold and as positive sentiment seeped back into global markets after Europe said it would protect the region's lenders from the euro zone crisis.

South African government bonds and the rand currency ended firmer on Wednesday, boosted after a minister said the government would keep a lid on spending and tracking gains elsewhere as global risk appetite picked up.

Democratic Republic of Congo needs to invest some $300 million in its industrial diamond mining operations to revive a flagging sector and boost government revenue, a top mining official said.

Gold rose on Wednesday after dipping below $1,600 an ounce as stock markets appeared to have found their footing, but traders said the metal's correlation with volatile equities could trigger more selling.

September Layoffs Mostly Came From Army, BofA, but the two employers outlooks could not be more different

Stocks were little changed on Wednesday as European finance ministers appeared ready to prop up struggling banks while reports on the U.S. labor market and services sector came in stronger than expected.

Gold prices hovered in a tight range Wednesday as strong physical buying offset renewed optimism among stock investors that Europe might yet avert a sovereign debt-induced recession.

U.S. stock index futures were higher but more volatility was likely on Wednesday as European finance ministers appeared ready to prop up struggling banks, with data due on the U.S. labor market and services sector.

Gold fell more than 1 percent on Wednesday, extending the previous day's hefty losses, as rising equities diverted some interest from the precious metal, and as investors remained wary of buying into the market after its recent sharp volatility.

NASA has made the announcement that it will start accepting applications for its next class of astronaut candidates in November.

From the way Washington politicians in both parties tell it, you may well think that multinational companies favor low-tax jurisdictions when investing overseas. They don't.

Ford (F), which did not accept U.S. Government assistance, has rebounded after a restructuring, and is well-positioned to capitalize on U.S. job growth, when it returns with gusto. Is now a good time to consider Ford's shares?

Major U.S. corporations often increase executive pay to ensure it is higher than the median in their industry, according to a report.

Occupy Wall Street protesters benefited from labor's well-organized support, but unions have also gained from the demonstrations.

The leading Mexican restaurant operator in the United States filed for bankruptcy on Tuesday and put its El Torito, Chevys Fresh Mex and Acapulco Mexican Restaurant chains up for sale.

South Africa and Zambia have approved the $1.1 billion bid by China's Jinchuan Group for copper and cobalt producer Metorex, bringing closer prospects for the deal to be finalised by November.

Shares of BlackBerry developer Research in Motion fell to a new yearly low as Apple started to introduce its iPhone5. Apple CEO Tim Cook said 93 percent of the Fortune 500 are testing it.

The Dalai Lama, the Tibetan spiritual leader, cancelled a trip to South Africa planned for this week that had put Pretoria in a bind between its biggest trading partner China and one of its modern heroes, Nobel Peace Prize laureate Desmond Tutu.