INVESTMENT

Harmony Gold CEO Graham Briggs

Harmony Gold Cuts Full-Year Production Target

Harmony Gold, South Africa's third-largest bullion miner, cut its full-year production target by 13 percent on Monday, as safety stoppages threatened to crimp a surge in profit from record gold prices.

Telenor to Fight Supreme Court Order on Licence Cancellation

Uninor
Norway's Telenor ASA (TEL.OL) plans to fight an order by the Supreme Court to cancel 122 telecoms licences held by its Indian joint venture, but has not ruled out abandoning the country altogether, the head of the company's Asian operations said.
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U.S. Jobs Report Lifts Nikkei to 3-Month High

Japan's Nikkei share average advanced to a three-month high on Monday as the U.S. economy showed further improvement with forecast-beating jobs data, boosting hopes for Japanese firms, which have disappointed in the latest quarterly earnings season.
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The Hottest U.S. Real Estate Markets: Washington, D.C.

The nation's capital has been a leader when it comes to real estate. While much of the country's housing market continues to languish, Washington D.C. and the surrounding area have seen tight inventory and price growth in recent months.
UBS trader Kweku Adoboli leaves City of London magistrates' court in London

Ex-UBS Trader Refused Bail as Bank Probe Deepens

Former UBS AG trader Kweku Adoboli, who is accused of unauthorized deals that cost the Swiss bank $2.3 billion, was refused bail by a London court on Friday less than an hour after regulators stepped up their probe into the scandal.
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Electric Vehicle Market Competition on a Rapid Rise: Study

More than 45 auto manufacturers are expected to be competing globally in the electric vehicle market with approximately 75 models by 2015, according to a study from IHS Automotive Supplier Business. Depending on the strength of the global recovery of automotive markets and the speed with which the electric vehicle (EV) models are marketed and the supporting infrastructure, cumulative sales are expected to total 700,000 to 1 million.
Former Credit Suisse employee David Higgs walks away after appearing in United States Court in the Manhattan borough of New York

Analysis: Obstacles High for More Mortgage Prosecutions

Despite the determination of President Obama to take Wall Street to court for the financial crisis, prosecutors face an uphill struggle to win more convictions like the two they scored on Wednesday against former Credit Suisse Group AG mortgage traders.
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Asian Markets Flat, Awaiting U.S. Jobs Numbers

Asian shares and major currencies were stuck in ranges Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on.
Dodge Dart

Chrysler Adds 1,800 Jobs for Dodge Dart Production

Chrysler Group LLC will bolster its Belvidere, Ill., assembly plant with 1,800 new jobs, Fiat and Chrysler Chief Executive Sergio Marchionne said Thursday. About 500 of those jobs will solely focus on production of the all-new 2013 Dodge Dart, which Chrysler introduced last month at the 2012 North American International Auto Show in Detroit.
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Bernanke Defends Low Rate Policy for Weak Economy

Federal Reserve Chairman Ben Bernanke on Thursday defended the U.S. central bank's policies against charges from Republican lawmakers they risked sparking inflation, saying the economy still needs plenty of support.
Facebook Filing for $5-Bln IPO

Facebook Goes Public: What is an IPO?

Facebook filed a $5 billion IPO on Wednesday, meaning that the social media giant will become a publically traded company, and anyone will be able to buy shares of Facebook starting this spring. But what is an IPO?

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