adminPelhams forecasts return to profitability
Business Reporter FURNITURE retailer Pelhams is forecasting a return to profitability in the short-term after incurring a loss of US$1,12 million in the half year to September 30.
. . . haunted by love of speed, risk
PARIS. — Formula One legend Michael Schumacher may have retired in 2012 after a glittering career, but his love for speed and danger has now led to a serious head…
After web stocks boom, investors wary
SAN FRANCISCO/NEW YORK. — For investors in internet stocks, it was a banner year: shares of many companies doubled as revenue climbed and on forecasts for rip-roaring growth in earnings.…
Gold tumbles as demand for wealth protection falls
London. – Gold fell for the first time in five days in London, set for its biggest annual loss in three decades, as an improving economy cut demand for a…
Venus Williams battles into Auckland Classic second round
AUCKLAND. — Former world number one Venus Williams battled into the second round of the Auckland Classic yesterday with a 6-3, 7-6 (7/1) win over Czech wildcard Andrea Hlavackova.
DRC arrive in SA
Johannesburg — The inaugural African Nations Championships winners the Democratic Republic of Congo, were the first team to arrive in South Africa when they flew into the country yesterday ahead…
Lack of confidence costs insurers
Blessing Bonga Business Reporter LACK of confidence has continued to be the biggest factor that is hampering the majority of Zimbabweans from taking up insurance as a critical component of…
New Winners tennis tourney on next week
Sports Reporter MORE than 100 junior tennis players will next week converge at Harare Sports Club for the New Winners tournament. The event is scheduled to run from January 7…
How artistes celebrated Xmas
Christmas is always eventful as people celebrate the day in different ways. For artistes, especially musicians, the festive season is very hectic and they often spend Christmas away from their…
India banking risk rises
Mumbai – The risk to India’s banking industry rose in the six months through September as bad loans surged and profitability slumped, the central bank said.