Judge rejects Citigroup's settlement

Citigroup faces a day of reckoning in court over its selling of financial instruments in the run-up to the subprime mortgage crisis.

US Senate panel releases Goldman Sachs emails

A United States Senate investigative panel has released several emails that could prove embarrassing to Goldman Sachs.

Goldman to argue it was unsure about housing prices

Goldman Sachs is preparing to defend itself against the US government allegations by arguing that it was unsure where housing prices were headed.

Goldman Sachs charged with fraud

Goldman Sachs Group has been charged with fraud by the US Securities and Exchange Commission over its marketing of a subprime mortgage product.

Detroit homes sell for $1 amid mortgage, car industry crisis

Some might say Jon Brumit overpaid when he stumped up $100 for a whole house -- there are now homes to be had for a single dollar.

Tax revenues to fall, says Gordhan

South Africa, grappling with its first recession in 17 years, expects tax revenues to decline, Finance Minister Pravin Gordhan said on Friday.

GMSA: 'We're part of the good assets'

General Motors South Africa (GMSA) is part of its US parent company's "good assets", managing director Steve Koch said on Monday.

GM trundles toward bankruptcy

General Motors will file for bankruptcy on Monday, forcing the 100-year-old carmaker into a new and uncertain era of government ownership.

Once mighty US car industry faces day of reckoning

The once mighty US car industry faces a day of reckoning on Monday with the looming bankruptcy of General Motors.

Reserve Bank says inflation to ease on slowing growth

SA's economy will remain lacklustre this year, helping to cool inflation, although expected electricity price increases pose a risk to the outlook.

IN THIS WEEK'S PAPER

Sponsored links

	Business travel experts		Flowers & gifts
	Domestic & Regional Airline		Bulk SMS gateway