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US sows seeds of growth in SA

Africa was a priority for the US Trade and Development Agency and an office would be opened in Johannesburg in July.

Carmakers try to steer asbestos cases to court

In an attempt to rein in soaring legal costs, the Big Three automakers have been fighting to get thousands of lawsuits filed by people who say they were sickened by asbestos in car brakes out of state courts and before a federal judge.

Soros says Bush’s policies caused dollar to fall

Billionaire financier George Soros repeated on Tuesday his charge that US President George Bush's administration was to blame for the recent drop in the dollar's value.

Microsoft grills students for ideas to keep ahead

Microsoft is keen to boost relations with Japan's top students as it prepares to pump -billion into global research in the next year to keep ahead of the competition, its chief executive said on Monday.

Knives are out for crooked US executives

Jailing crooked executives and strengthening laws against corporate wrongdoing are needed to restore Americans' confidence in big business.

Opening the door to foreign investment

A new report recommends that the debate surrounding foreign direct investment in South Africa be refocused.

IMF’S Koehler says US, EU trade policies perverse

INTERNATIONAL Fund chief Horst Koehler on Thursday called American and European trade policies ''perverse,'' urging an end to cotton and sugar subsidies that obstruct this impoverished West African nation's efforts to beat poverty.

KirchMedia could be sold off piecemeal

KirchMedia, the insolvent arm of the collapsed Kirch media empire, could be carved up and sold off in bits rather than in one piece as originally planned.

ITC vindicates Iscor in ‘spurious’ dumping case

The argument by South African steel exporters that they acted responsibly in their trade relations with other countries had been vindicated by the US International Trade Commission.

Road to Mozambique paved with cash

The road agency of the Mozambican government has awarded construction company Basil Read a contract for the rehabilitation of a 244km road between Vanduzi and Changara.

Rand weakens against dollar, trades in narrow range

The rand weakened further against the US dollar on Wednesday, with troubles in Uruguay sparking fresh emerging markets jitters, but trading remained within a narrow range.

Gold mining companies welcome charter

Gold mining companies on Thursday lauded the empowerment provisions of the new mining charter while the market reacted neutrally.

Battle lines drawn in war of Japanese game market

Microsoft said on Tuesday its Xbox video console aims to win the number one slot in the Japanese computer game market, dominated by mighty rival Sony Corp's PlayStation2.

Alrosa sees EU insisting on lower sales to De Beers

Russia's Alrosa says it expects the European Commission to force it to cut the value of its rough diamond sales to De Beers by 25% before approving a five-year deal between the two.

Top IMF economist blasts Nobel winner Stiglitz

In an unusually personal and public rebuke, the International Monetary Fund's top economist on Tuesday accused Nobel-winning economist Joe Stiglitz of slander, self-aggrandisement and intellectual vanity.

Deal reached to end Chevron oil terminal siege

Oil major ChevronTexaco said on Tuesday it had reached a preliminary agreement to end a nine-day siege at its Escravos terminal by a group of elderly Nigerian women.

PGM market cloaked in mystery and rumour

For every seed of truth, a thicket of rumour, speculation and lies. For every confirmed fact, a gallery of smoke and mirrors.

Zimbabwe casts cloud over South Africa

Developments in Zimbabwe are having an adverse effect on South Africa and causing it considerable problems, a government-business forum agreed this weekend.