By Wendell Roelf
CAPE TOWN (Reuters) – A two-day wildcat strike at a Mercedes Benz plant in South Africa ended on Tuesday but industrial union NUMSA demanded a hefty pay hike for the sector, raising the prospect of labour unrest in factories alongside turmoil in the mines. Continue reading
Facebook made its debut on the stock market a year ago on May 18 in one of the largest IPOs in history and the biggest for any Internet company.
The social network‘s market value was more than $100 billion.
Now, Facebook’s stock is trading roughly 30 percent lower and has not hit its IPO price of $38 per share. Today, Facebook is valued at around $63 billion. Continue reading
By Clara Ferreira-Marques
LONDON (Reuters) – Britain’s parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue highlighted by corruption probes at emerging market miners which MPs fear have dented the stock market’s reputation. Continue reading
(Reuters) – Canada’s main stock index looked set to open lower as weak euro zone consumer inflation figures overshadowed positive data that showed Japan‘s economy grew faster than expected.
TOP STORIES
* Japan’s economy expanded at a rapid clip at the start of the year, the first hard evidence that Prime Minister Shinzo Abe‘s sweeping stimulus is beginning to rouse consumers and businesses into action. Continue reading
Handle Urgent Situations Instantly with Fast Unsecured Personal Loans (via SBWire)
Creditloansources.com is introducing the perfect solution to urgent and unexpected financial situations through these fast loans that will be available collateral-free. This will see borrowers access the applied amounts in less than an hour. Tucson, AZ — (SBWIRE) — 05/08/2013 — Some situations like… Continue reading
FT. LAUDERDALE, Fla., May 17, 2013 /PRNewswire/ – iTalk Inc. (OTCQB: TALK) (OTCBB: TALK) (“iTalk” or the “Company”), a global provider of advanced communications and mobile broadband services, would like to inform its investors and regulators that it has come to our attention that the Company’s shares have been listed on the Boerse Berlin Stock Exchange (“BBSE”) by an unidentified third party, without our approval, consent or knowledge. The Company did not authorize or direct any broker on the BBSE to act as a market maker for the company’s common stock. Continue reading
CHICAGO, May 14, 2013 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for PFE, CBS, IP, YOKU, and ITMN. Continue reading
By Richard Hubbard
LONDON (Reuters) – The euro hit a six-week low against the dollar and European shares rose on Wednesday after euro zone economic data undershot already weak expectations, strengthening the case for another interest rate cut.
Europe‘s broad FTSEurofirst 300 index of top company shares was up 0.5 percent at 1,242.54 points by midday, a level not seen since mid-2008. However, U.S. stock index futures pointed to a more mixed open on Wall Street. Continue reading
SAO PAULO, May 13, 2013 /PRNewswire/ – EZTEC S.A. (BM&FBOVESPA: EZTC3; Bloomberg EZTC3: BZ) announces its results for the first quarter of 2013 (1Q13) results: Continue reading
By Lewa Pardomuan
SINGAPORE (Reuters) – Gold fell more than 1 percent on Monday, holding near its weakest level in two weeks, as the dollar firmed on signs of an improving U.S. job market and as holdings in exchange-traded funds slipped again.
Bullion’s safe-haven appeal has been dimmed by speculation the Federal Reserve could scale back its aggressive monetary stimulus after recent U.S. labour market data pointed to a steady recovery trend in the world’s largest economy. Continue reading