World Business News

South African strikers reject wage offer

CBJ Sep 2 - South African strikers rejected a new wage offer from the government and plan to march in protest on Thursday 2 September. The majority of unions rejected the new wage offer, despite being on strike for three weeks. ...
Full article

Uranium discovery in Indonesia

CBJ Sep 2 - Indonesia’s International Nuclear Energy Agency says that they have a basis for building nuclear power plants with their 53,000 ton reserve of uranium. There is an estimated 24,000 tons of uranium in Bangka Belitung Province. 29,000 tons ...
Full article

Australian GDP growth rate fastest in three years

CBJ Sep 1 - The Australian economy has grown at its fastest pace in three years in the second quarter, fuelled by a surprise bump in household spending. The 1.2 per cent GDP quarter boost was quicker than the latest 0.7 per cent average. ...
Full article

Rio Tinto and Hope Down’s billion dollar venture

CBJ Sep 1 - Rio Tinto, one of the world’s leading mining companies has joined forces with Hope Downs Iron Ore Pty to build a new mine in Australia. Rio will work with Hope Downs to create the Hope Downs 4 iron ...
Full article

Australian manufacturing growth slows

CBJ Sep 1 - Australian manufacturing growth stalled in August as output and new orders expanded at a slower pace, according to a recent survey. The Australian Industry Group performance of manufacturing index dipped 2.7 points to 51.7 in the month, though it remained above ...
Full article

Standard Bank launches food production scheme Africa

CBJ Sep 1 - Standard Bank has created a $100 million dollar project that that will benefit farmers in African countries and boost agricultural growth. Mozambique, Uganda, Ghana and Tanzania will all benefit from the new scheme. CEO Africa Clive Tasker said to Reuters ...
Full article

Police tear gas protestors against rising prices in Mozambique

CBJ Sep 1 - Tear gas and rubber bullets were fired at protestors against rising prices in Maputo, the capital of Mozambique on 1 September. Riots ensued as demonstrators burned tires and were blocking roads in a protest against the soaring prices in daily ...
Full article

South African miner’s union suspends sympathy strike

CBJ Sep 1 - Mine strikers in Johannesburg have suspended their one day sympathy strike on 1 September that could have given workers more time to contemplate wage offers. Representatives from the Union were expected to announce today their decisions to accept government offers ...
Full article

Doctors warn against alcohol for trapped Chilean miners

CBJ Sep 1 - Chilean miners, who have been trapped for 26 days, have been told by NASA doctors that they must forgo cigarettes and alcohol. The 33 miners are undergoing rescue efforts that may take two to four months. Though miners added ...
Full article

Global economy stalls Australian dollar growth

CBJ Aug 31 - The Australian dollar has closed weaker as a cautious approach gripped the world's economic markets, dampening the positive impact nationwide. The dollar trade traded at US$0.8893, down from Monday's US$0.8979. "It got a little bit of support from those [foreign] ...
Full article
1 2 3 4 5 6 7 8 9 10 next last total: 358 | displaying: 1 - 10