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south africa

South Africa To Ban Land Sale to Foreigners

25/07/2014(0)
The South African government has announced plans to fast-track a bill barring foreigners from buying land. The Regulations of Land Holdings Bill would mean foreigners will only be able ... Read More
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Lower printer sales hurt Xerox’s revenue

25/07/2014(0)
Xerox Corp (XRX.N) reported a 2 percent fall in second-quarter revenue, hurt by lower demand in its printing business. Net income attributable to Xerox fell to $266 million, or ... Read More
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Vodafone revenue dragged lower by Spain and South Africa in first quarter

25/07/2014(0)
Vodafone received no relief from tough market conditions in the first quarter, with a slowdown in Spain and South Africa resulting in another heavy drop in its key revenue ... Read More
visa image 2

Consumers replace cash with credit cards

25/07/2014(0)
Visa reports 5% increase in third quarter revenue to $3.16 billion over the prior -year period. Company’s Net income came in at $1.4 billion that resulted in a per-share ... Read More
stock market

Stocks futures lower Friday

25/07/2014(0)
Stock futures were lower Friday ahead of the start of regular trading. Here is where major market indexes stood before the opening bell (Last updated at 4:15 a.m.) Dow: ... Read More
Anti Money Laundering

FinCEN named FBME Bank Ltd as a foreign financial institution of primary money laundering

25/07/2014(0)
On July 17 FinCEN issued a press release taking action to Protect U.S Financial System. On that date, FinCEN named FBME Bank, which transacts 90 percent of its global ... Read More
Satellite dishes are seen on the side of a block of flats in south London

BSkyB to pay $8 billion to create Sky Europe

25/07/2014(0)
Britain’s BSkyB has agreed to pay around 4.9 billion pounds ($8.3 billion) to buy Rupert Murdoch’s pay-TV assets in Germany and Italy, responding to the slowing growth at home ... Read More
China images

China’s long problems to resurface in 2016

25/07/2014(0)
PNC Financial Services Group is staying cautious warning of a “perfect storm” that could surface by 2016, beside the recent positive data from China. Stuart Hoffman, chief economist at ... Read More
Amazon box

Amazon reports $126m quarterly loss

25/07/2014(0)
Amazon has reported a loss of $126m (£74m) in the second quarter and warned that sales could slow in the current quarter. Amazon forecast third quarter sales of between ... Read More
British-economy

British’s Economy Set for Milestone

25/07/2014(0)
Britain’s economy is set to pass a landmark on Friday when official data will probably show that it is bigger than it was before the financial crisis struck six ... Read More
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