Barclay’s Bank of the UK will buy a majority share of Absa, South Africa’s largest retail bank. The move comes after months of negotiations.
The South African bank has been active in seeking the business of the fully 50 percent of South Africans who do not have bank accounts.
It also has […]

General Motors has threatened to take legal action against the U.S. importers of a Chinese car called the Chery if they attempt to use that brand name in the United States.
The company claims that Chery is too close to the Chevy nickname it has used to sell its Chevrolet brand for over 90 […]

Mining sector gains and chemical sector losses balanced out to mid-afternoon gains overall on the London equities markets by mid-afternoon on Thursday.
In the mining sector, gold mining company Randgold Resources gained 7.8 percent to 700p on the strength of a good first quarter report.
Randgold’s good news helped others in the sector […]