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/ 12 November 2007
Airbus named on Monday Saudi billionaire Prince Alwaleed bin Talal as the first private buyer of an A380 superjumbo, the world’s largest passenger airliner. The prospective buyer’s identity had been kept secret for months but was unveiled to coincide with the Dubai air show.
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/ 12 November 2007
The United States could unleash vastly superior firepower if it attacked Iran but Tehran could strike back against its forces in Iraq and threaten oil supplies crucial to the world economy. Speculation is growing that President George Bush could launch military action before he leaves office in January 2009 even though Washington says it is committed to resolving the crisis.
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/ 12 November 2007
A big fire at a warehouse sent out a pall of black smoke over east London on Monday, but there were no reports of casualties and police said there was nothing to suggest it was anything more than a fire. Fifteen fire engines and 75 firefighters rushed to the scene of the blaze at an industrial estate in the Stratford area of east London.
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/ 12 November 2007
Mail & Guardian publisher Trevor Ncube has scotched rumours that Tokyo Sexwale’s Mvelaphanda Group is planning to buy a 30% stake in the newspaper. Ncube said that the company was in talks with a number of people, but at this stage, a deal was not on the cards.
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/ 12 November 2007
About three million South African have diabetes and an estimated three million people living with diabetes remain undiagnosed, the International Diabetes Foundation said on Monday. Recently released figures also show that diabetes currently affects 246-million people globally and is expected to affect 380-million people by 2025.
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/ 12 November 2007
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Democratic Alliance leader Helen Zille should focus on her own party rather than concern herself with the African National Congress’s (ANC) business, Deputy Defence Minister Mluleki George said on Monday. He called Zille’s proposal to postpone the ANC conference in December ”ridiculous”.
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/ 12 November 2007
The world’s biggest resources group, BHP Billiton, on Monday piled pressure on Rio Tinto to take another look at its proposed $153-billion all-scrip merger by pitching the benefits of the merger to analysts and shareholders. Marius Kloppers, CEO of BHP Billiton, said the combination would unlock value that is otherwise unavailable.
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/ 12 November 2007
There is potential for the rand to tend to be weaker due to the current-account deficit, but more than anything the currency’s fortunes will depend on the strength of the global economy, according to Dr Azar Jammine, director and chief economist of Econometrix.
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/ 12 November 2007
South African captain Graeme Smith laid into the state of the country’s pitches after his team surged to a record win over New Zealand in the first Test on Sunday. South Africa won by 358 runs after lunch on the fourth day to take a 1-0 lead in the two-match series.
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/ 12 November 2007
South African fixed and wireless broadband connections are expected to reach more than 3,3-million subscribers over the period 2007 to 2012, according to a report by ICT market research group BMI-TechKnowledge. It says the increase in connections represents a compound annual growth rate of 33% from this year until 2012.