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/ 25 March 2008

Oil slips on fresh demand concerns

Oil edged down on Tuesday for the fourth straight day, relinquishing earlier gains, as fresh concerns about weaker demand in top oil consumer the United States tempted some players to cash in. US crude was down 66 cents to ,20 a barrel by 14.40am GMT, off the day’s high of ,60.

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/ 16 March 2008

Wet weather ahead: Jo’burg drivers told to slow down

Heavy rains, cold weather and strong winds will continue in Gauteng for the rest of the week, the South African Weather Services (SAWS) said on Sunday. This was due to a cold front passing through the area, said SAWS forecaster Evert Sholtz. He said rain and heavy winds would continue on Sunday and Monday would see strong winds blowing throughout Gauteng.

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/ 8 January 2008

Gold hits record high on oil

Gold surged to a fresh record high on Tuesday, boosted by firm oil prices, with longer-term trends such as a weakening dollar spurring heavy buying by investment funds. Spot gold rose as far as ,80 an ounce, surpassing the previous record of ,05 reached last week.

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/ 4 January 2008

The new-generation space station

Some time before 2050, satellites collecting solar power and beaming it back to Earth will become a primary energy source, streaming terawatts of electricity continuously from space. That’s if you believe a recent report from the Pentagon’s National Security Space Office.

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/ 4 January 2008

The new-generation space station

Some time before 2050, satellites collecting solar power and beaming it back to Earth will become a primary energy source, streaming terawatts of electricity continuously from space. That’s if you believe a recent report from the Pentagon’s National Security Space Office.

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/ 25 September 2007

New Captiva: More Hugh Grant than Bruce Willis

Last week, at the Gauteng launch of its reborn Uno, Fiat kicked off proceedings by setting us loose on a section of the Carnival City casino off-road route. This seemed a little strange until we heard that the Italian company now includes a raised-body version of the Brazilian-built hatch in its line-up, intended to make it more suitable for those pesky African and South American dirt roads.

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/ 21 September 2007

Oil prices still surging in record week

The price of London Brent oil hit another all-time high on Friday on United States storm concerns at the end of a record-breaking week that saw New York crude soar beyond per barrel. The price of Brent North Sea crude for November delivery surged as high as ,35 per barrel, beating Thursday’s record.

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/ 18 September 2007

World oil price tops $81

Oil prices topped 81 dollars a barrel for the first time on Tuesday, setting another record high amid fears of critically tight supplies for the winter season in the United States. Opec’s announcement last week that it would pump an extra 500 000 barrels per day from November has failed to stop the surge in price.

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