A federal judge said that evidence favours a coalition of entertainment companies in their copyright infringement case against a distributor of online file-sharing software. United States District Judge Stephen Wilson made the statement on Monday during a hearing in the landmark case against the StreamCast firm behind the Morpheus file-swapping software.
The New York Times plans to shrink the size of its pages in 2008, making them about 4cm narrower, the newspaper reported in Tuesday’s edition. The newspaper also plans to cut 1Â 050 jobs, including 800 positions at a New Jersey printing plant whose workload will shift to another in New York City.
Former South African president Nelson Mandela said on Monday he ”never imagined” reaching the age of 88.
After making a brief foray into positive territory in early trade, the JSE was back in the red shortly before noon on Tuesday as uncertainty on global markets took its toll. A slightly stronger rand and lower base metals prices added to the bourse’s woes. By 11.41am, the all-share index shed 0,34%.
The National Union of Metalworkers of South Africa (Numsa) said on Tuesday that it will stage countrywide marches as well as a general strike in August to halt the removal of industrial tariffs. "Along with most vulnerable manufacturing industries, Numsa’s 220Â 000 members plan to lead work disruptions … in the second week of August," Numsa added.
All Blacks coach Graham Henry has made eight changes in the side to play South Africa in their Tri-Nations Test in Wellington on Saturday, including the return of former captain Reuben Thorne. South Africa’s 49-0 thrashing by Australia last week gives Henry some latitude in changing a successful team.
Two people have been charged for the assault of Cape Town mayor Helen Zille at a meeting in Crossroads in April and more arrests may follow, the Cape Times reported on Tuesday. Zille said on Monday: ”I did not know that anyone had been charged, but I am pleased that there has been progress.”
Zimbabwe President Robert Mugabe’s government will this week meet Russian energy officials in Harare to discuss investment in the power sector by the East European country, barely a month after concluding a $1,3-billion electricity-generation deal with China. Officials from Russia’s TurboEngineering firm were expected to arrive in Harare on Monday night.
With the rand likely to be under pressure and interest rates set to climb, where should you be investing your money? A natural reaction would be to invest in shares that benefit from this environment, such as rand hedge stocks.
More than 300 people have been killed by a tsunami that smashed into the southern coast of Indonesia’s Java island following an undersea earthquake. About 150 people were also missing after Monday’s huge waves crashed into the coast, washing away buildings, wooden cottages and kiosks lining the shoreline facing the Indian Ocean.