Big bonuses despite losses

Union cries foul as investment bankers profitand taxpayers wait to get £45-billion back.
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Executives' slice of the pie gets smaller too

The bailed-out British Lloyds Banking Group has revealed it had plunged to a £3.5-billion loss last year and would pay out £375-million in bonuses.
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Rich and infamous in London

Britain is unique in that it does not tax its super-rich on all their earningsand the wealthy have been insulated from economic crisis.
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SA banks not immune from money market madness

Moody's has cut the rating of South Africa and the banking sector by a notch. This means the government's infrastructure ambitions have to be trimmed.
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Europe must clean up its own mess

Europe should get their finances in order.
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Cash-strapped Swaziland university closed

Swaziland's university failed to re-open for the new academic year on Monday, officials said, adding it would remain closed indefinitely.
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Irish parties in crisis talks over February vote

Ireland's crumbling government held crisis talks with opposition parties on Monday over their demands to bring elections forward to February.
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Japan to buy euro debt, Portugal resists bailout

Japan pledged on Tuesday to buy eurozone bonds this month in a show of support for Europe's struggle with a seething debt crisis.
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PM faces tough task selling bailout to angry Irish

Irish Prime Minister Brian Cowen faced a backlash on Monday for agreeing the EU-IMF bailout for his debt-laden nation.
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Greece promised rescue package, but investors wary

European nations aim to formally launch the biggest financial bail-out of a country this week and hope it will bring calm to the markets.
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Sponsored Press Releases

Business takes slack approach on mobile devices
ITWeb
Ipsos announces Quality Award winners 2012
Ipsos
mapIT supports AVIS Unogwaja Challenge
MapIT
Unshaped ADSL with static IP address
OpenWeb
Agile methodology - how to get more done, with less, for less and still keep everyone happy
DST Global Solutions