An unexpected drop in the unemployment rate helped to revive Wall Street on Friday, pushing all sectors of the market sharply higher. The US jobless rate fell back to 10 per cent in November after the economy shed the fewest jobs since the recession
Walking through Long Street, it is obvious that the residentsof Cape Town are looking forward to tomorrow's Fan Fest, when the street willbe closed off and tens of thousands of people will get together to celebratewhile watching the World Cup Final
Encouraging results from Tiffany added to the holiday cheer on Wall Street but weaker oil prices kept stocks flat in early trading on Wednesday. The market had initially been buoyed after personal income and spending data topped estimates and the nu
Quarterly results from Hewlett-Packard and Heinz added to Wall Street’s pessimism on Tuesday after a barrage of economic data sent US stocks lower. The Commerce Department reduced its reading of the country’s GDP in the third quarter from 3.5 per ce
LONDON - Former prime minister Margaret Thatcher returned to her old offices in Downing Street on Monday for the unveiling of a new portrait of the Iron Lady at a reception hosted by Gordon Brown. Thatcher, who led the Conservative government fro
US stocks bounced back from last week’s losses after dollar weakness boosted energy companies and encouraging housing data reassured investors. Sales of previously owned homes in the country rose 10.1 per cent in October, lifting homebuilders’ share
US stocks edged lower on Friday after disappointing results from Dell added to fears that the economic recovery has begun to falter. The second-largest personal computer maker said profits had plunged 54 per cent during the third quarter. The compan
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