The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
Corporations and banks that aided the apartheid regime have not been brought to book, so they continue to act with impunity
Banks argue the Competition Tribunal has no power to call out foreign firms on cartel conduct
The financial sector must recognise that including environmental, social and governance concerns in its allocation decisions can be good for business
Bank executives have warned that weakening sentiment amid a lengthening US government shutdown could economic kill growth
It appears US banks lost $1-billion when they loaned to the tycoon who used his Steinhoff shares as collateral
Online chat rooms were key to the way in which traders colluded to maximise profits.
The Federal Reserve’s decision to hold on tapering plans will see happy days for emerging markets once again as JPMorgan upgrades its equities.
Greedy for large profits, JP Morgan laid itself open and a single trader cost it $5.8-billion. Eleni Giokos reports.
Taking too conservative an investment approach can reduce your nest egg.
Bharti Airtel, India’s leading mobile operator, may seek a merger or share swap with MTN Group to try to avoid a bidding war for the South African phone firm, analysts and media…
Gold Fields, the world’s number four gold producer, posted a 67% rise in quarterly headline earnings on the back of soaring prices for the metal, but production fell on South…
Former British prime minister Tony Blair was left red-faced when he was caught travelling on a train without a ticket and said he had no cash to pay the fare, a report said on…
The JSE remained firm by midday on Tuesday as overnight gains in the United States triggered good buying interest among global equities. By noon, the JSE’s broader all-share…
Global stocks fell and the dollar tumbled on Monday as a fire sale of Bear Stearns and an emergency Federal Reserve cut of a key lending rate sparked fears that a worldwide…
JP Morgan Chase set a deal to buy stricken rival Bear Stearns for a rock-bottom price, while the United States Federal Reserve expanded lending to securities firms for the first…
The global credit crunch claimed its biggest victim yet on Friday when the United States Federal Reserve orchestrated an emergency bail-out for Bear Stearns after a cash crisis…
An affiliate of United States-based buyout firm Carlyle Group has defaulted on about ,6-billion of debt and expects its lenders to seize remaining assets as the global credit…
Investors cheered an impending end to a format war for next-generation DVDs on Monday, pushing up shares of both Toshiba, on the verge of abandoning its HD DVD discs, and Sony,…
Société Générale was braced for fresh criticism from France’s top central banker on Tuesday as the man the bank blames for its record trading losses spoke out against his former…
