Barclays first-half net profit soars amid restructuring

SAPA-AFP|Published

BRITAIN’S scandal-hit Barclays bank posted a 68 percent jump in first-half net profit yesterday, as it pushed ahead with a major restructuring that will shrink its ...

Bayer: Strong euro reins in profit gains

SAPA-AFP|Published

Bayer’s net profit surged 13 percent in the second quarter, the German chemical giant said yesterday, but it fell short of expectations due to the strength of the ...

UBS: Profit up 15% despite fines

SAPA-AFP|Published

Leading Swiss bank UBS turned in a strong profit performance in the second quarter, but highlighted yesterday the stark risks financial institutions faced from campaigns ...

Germany, UK, Japan avoid OECD brakes

SAPA-AFP|Published

Economic growth in Japan, Germany and Britain picked up strongly in the first quarter of the year, leading output in advanced countries, which slowed down overall, ...

EFF to fund platinum strikers

SAPA-AFP|Published

Julius Malema said that the EFF will give money to platinum miners going without wages during a months-long strike.

‘Princelings’ bribe probe

SAPA-AFP|Published

Foreign investment banks in China were taken by surprise by a US bribery probe into JPMorgan’s hiring of Chinese “princelings”.

Obesity weighs down global economy

SAPA-AFP|Published

Obesity and poor nutrition were weighing heavily on the global economy, the UN’s food agency said.

Ramphele to threaten the ANC

SAPA-AFP|Published

One of South Africa's most dynamic women appears set to enter politics.

Sri Lanka threatens to expel foreign groups

SAPA-AFP|Published

Sri Lanka has threatened to kick out any non-governmental organisation, diplomat or journalist giving "terrorists a second breath of life. "