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Asian Stocks Rise on Hopes for Europe, U.S.

Asian shares rose Thursday as optimism over Europe's efforts to aid the euro zone's financial sector and U.S. data suggesting the economy could avoid recession spurred short-covering and value-hunting.
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S.Africa mines debate not hurting investment: minister

B to B: Recommendations for Expansion Across Africa

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.
UBS

Trading Scandal: More Executive Heads Roll at UBS

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.
An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.Africa stocks rebound, track global equities

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.
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S.Africa bonds gain, rand firms against dollar

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.
A worker at the Botswana Diamond Valuing Company displays a rough diamond

DR Congo diamond firms need $300 mln: official

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.
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Gold Prices Rise, Retesting Intra-Day Highs

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.
Stock Market Trader

Market Struggles for Grip as European Fears Persist

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.
Traders work on the floor of the New York Stock Exchange

Stock Futures Rise Alongside Europe

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 bullion vault

Gold Prices Retreat as European Stocks Gain

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.
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NASA to Recruit New Astronauts

NASA has made the announcement that it will start accepting applications for its next class of astronaut candidates in November.
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Stateless income: David Cay Johnston

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

Ford Motor: Has Ford's Stock Bottomed at $9? - Stock Review

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?
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Top U.S. Mexican dining chain files for bankruptcy

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.
Mineworker

S.Africa, Zambia approve Metorex-Jinchuan deal

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.
A man holds a BlackBerry PlayBook during the RIM annual general meeting of shareholders in Waterloo

RIM Shares Drop to Record Low After Apple Media Event

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.

Dalai Lama cancels highly charged S.Africa trip

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.
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BlackBerry maker up on talk of investment bank hire

Shares of Research In Motion jumped nearly 10 percent Tuesday morning on talk that it had hired an investment bank, reviving speculation that the BlackBerry maker could become a takeover target.

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