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Business

Dell to buy compellent

Dell says it has a deal to buy the data storage company Compellent Technologies for $884-million. |||
Dell Inc said on Monday it has a deal to buy the data storage company Compellent Technologies Inc for $884-million.The offer price is slightly …

BHP Billiton strike still on

“We call on our members to intensify their militant action until an acceptable offer is presented by the spoilt golden boys and girls of BHP Billiton,” says Numsa. |||
National Union of Metalworkers members were still on strike at BH…

SA farmers set sights on Moz

More South African farmers expect to receive land offers in Mozambique as they seek to expand across Africa amid uncertainty over land reform at home. |||
Olivia Kumwenda Johannesburg – More South African farmers expect to receive land offers i…

Gold firms on physical demand

Gold edged back up above $1,390 an ounce in Europe as last week’s price dip of more than 2 percent brought physical buyers back to the market. |||
Jan Harvey London – Gold edged back up above $1,390 an ounce in Europe on Monday as last week’s pr…

WikiLeaks: world be warned

Those publicising these leaks should understand the potentially dire consequences of their actions, writes Stuart Sterzel. |||
In the ongoing WikiLeaks debate, much has been said about various “rights” of parties. Rights to informati…

Nampak sells European unit

Nampak Ltd will sell its European paper business to Luxembourg’s Maximus Holdings to pay down debt and shed underperforming units. |||
Johannesburg – Nampak Ltd, Africa’s biggest packaging group, will sell its European paper business to Luxembo…

Stocks rise as rate hike fear fizzles

World markets rose as Chinese shares vaulted on relief that Beijing refrained from raising interest rates over the weekend. |||
Bangkok – World markets rose on Monday as Chinese shares vaulted on relief that Beijing refrained from raising intere…

Battle of the eastern titans

Trade between India and China is booming, but diplomatic ties have become increasingly fraught over their competing global aspirations, underlined by a rivalry for natural resources. |||
Krittivas Mukherjee New Delhi – Trade between India and …

Stiff opposition to Irish bailout

Ireland’s main opposition Fine Gael party confirmed it will oppose parliamentary vote on the EU/IMF bailout, a move that is unlikely to affect the government’s chances of approving the deal. |||
Dublin – Ireland’s main opposition Fine Gael part…

Obama aide predicts tax cuts

A top adviser to President Barack Obama and a key Democrat in the House of Representatives predicted that a compromise on extending tax cuts for all Americans will win congressional approval before the year is out. |||
STEVEN R HURSTWashington -…