The American Express Amex ZA Graphic Arts Challenge drew artists, illustrators and designers from across South Africa and the continent
Multinationals have paid a king’s ransom for their right to sponsor the Olympics and they are scanning the horizon for ambushes as they drive the marketing bandwagon towards Beijing.
Increasing confidence that the worst of the credit crisis is over boosted world stocks on Monday while inflation concerns grew with oil prices heading towards a barrel. Investors have stopped taking it for granted the United States Federal Reserve will cut interest rates later in the week, although most still expect such a move.
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/ 16 January 2008
German engineer Michael Bosch is not fazed by the lack of a gym and other creature comforts at his budget hotel in a converted Shanghai office building. He’s stayed at such hotels on nearly a dozen trips to Chinese cities. ”All I need is a clean, warm place to sleep. I don’t care so much about service,” the 32-year-old said as he waited for 10 minutes for a distracted receptionist to attend to him at a Motel168 on the edge of Shanghai’s financial district.
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/ 25 October 2007
China’s biggest lender ICBC is to buy 20% of South Africa’s Standard Bank for R36,67-billion (,6-billion) in cash, in the biggest foreign investment yet in Africa. The move announced on Thursday comes as Beijing encourages major state firms to expand abroad, particularly in developing countries.
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/ 18 September 2007
The New York Times said on Monday it will end its paid TimesSelect web service and make most of its website available for free in the hopes of attracting more readers and higher advertising revenue. TimesSelect will shut down on Wednesday, two years after the Times launched it, which charges subscribers ,95 a month or ,95 a year.
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/ 10 September 2007
Travellers’ cheques could be your cheapest option when going overseas, especially in the United States, but are not always the most convenient currency choice. Thanks to the National Credit Act, banks are now required to disclose the full fees charged on a transaction, which highlights the cost of credit card transactions.