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Business Report
  • Chevron to shed 2000 jobs this year
    Chevron Corp. says it will cut 2 000 jobs this year and will continue reducing its work force through 2011.

  • Tiger Brands 'not a target'
    Tiger Brands has moved to dispel a news article that referred to it as being one of the "targets" of a cartel investigation.

  • JSE ends down on profit-taking
    South African stocks closed in the red on Tuesday amid profit-taking on the local bourse with banking stocks hardest hit.

  • Transnet has no plans to build coal terminal
    South Africa's logistics group Transnet said that its National Port Authority division was not in talks to build a new coal terminal in the country.

  • PBMR company CEO resigns
    Pebble Bed Modular Reactor (PBMR) Company chief executive Jaco Kriek resigns while general manager nuclear compliance assurance Dr Alex Tsela had been appointed acting chief executive.


News

  • Bendtner shines as Arsenal run wild
    Arsenal have reached the quarterfinals of the Champions League after a thrilling victory over Porto.
  • The nose knows...
    Los Angeles police were guided by their sense of smell during a raid on a warehouse that turned out to be a hothouse for marijuana.
  • Teacher attacked after al-Qaeda comments
    A French teenager has been detained for spraying his teacher with teargas after a history lesson about the role of al-Qaeda in the September 11 attacks in the United States.
  • Zakumi factory closed amid labour probe
    The factory tasked with making mascots for the 2010 World Cup has been told to halt production after an investigation into alleged sweatshop conditions there.
  • ANC seeks clarity on Winnie interview
    The ANC is trying to reach Winnie Madikizela-Mandela to confirm whether she did indeed make a series of scathing remarks about her ex-husband, Nelson Mandela.

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