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/ 18 February 2008

Cheers as Toshiba nears HD DVD surrender

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, the leader of the rival Blu-ray camp. Toshiba shares jumped 5,1% as analysts praised its decision to cut its losses.

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/ 18 February 2008

JSE stays firmer led by banks

South African stocks were sharply higher at midday on Monday led by banks ahead of Absa’s year-end earnings, while stronger overseas markets and firm metal prices spurred broad-based gains, traders said. By noon, the broader all-share index had gained 1,27% to 28 867,61, lifted mainly by a 2,36% gain in banks.

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/ 18 February 2008

ANC says DA is making a ‘mockery of Parliament’

The Democratic Alliance (DA) was making a mockery of Parliament, the African National Congress charged on Sunday. This, after public protector Lawrence Mushwana recommended Parliamentary action against DA MP Mike Waters. Waters complained last year that President Thabo Mbeki had abused his office by demanding that Health Minister Manto Tshabalala-Msimang get priority on a organ-transplant list.

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/ 18 February 2008

Blatter lays down law for 2018 Cup

South America and Africa have no chance of hosting the 2018 Soccer World Cup. ”Of all five continents available to present, South America and Africa will not be allowed to,” Fifa president Sepp Blatter said on Sunday. ”If we hadn’t taken the decision to have a rotation policy in the first place, Africa would never had had the chance to host the World Cup, neither would South America.”

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/ 18 February 2008

Obama visits Edwards, Wisconsin battle looms

United States. Democratic presidential candidate Barack Obama slipped away for a private meeting with former rival John Edwards on Sunday to seek his endorsement as the Illinois senator and Hillary Clinton battle for Wisconsin. After Tuesday’s voting, Democrats have an eye on March 4, when the big states of Texas and Ohio hold primaries.

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/ 18 February 2008

Blades blunt Boro in Cup stalemate

Sheffield United and Middlesbrough will both feature in the FA Cup quarterfinal draw after their fifth round tie on Sunday ended in a goalless draw. The closest either side came to a first-half goal at United’s Bramall Lane ground was when home striker James Beattie hit the outside of the post for the Blades just before the interval with a free-kick from the edge of the box.