adminArum backs Pacman
LOS ANGELES. — Veteran trainer Freddie Roach has vowed to back Manny Pacquiao if the boxer decides to take advantage of rule changes which could see professional fighters allowed to…
Pacman unsure
LOS ANGELES. — Manny Pacquiao said on Wednesday he intends to stick to his plan to retire after a farewell fight against Timothy Bradley next week — but admits he…
Oil futures rebound but growing stocks loom
LONDON – Oil futures rebounded from early losses yesterday but the recovery was muted as the market’s focus switched back to signs of growing oil stocks. Brent and WTI crude were…
Impala to use hydrogen, methane-powered fuel cells
JOHANNESBURG. – Impala Platinum Holdings, the world’s second-biggest producer of the metal, plans to power its 22-megawatt refinery in South Africa using hydrogen and methane-powered fuel cells within the next…
Mercedes launches new-look high performance E-Class
Tinashe Makichi : Motoring Correspondent GERMAN car-maker, Mercedes Benz last week unveiled the all new Mercedes AMG E43 at the New York Motor Show. The new Mercedes AMG E43 comes with a…
Impatient with Yahoo, some investors cheer Starboard effort
NEW YORK. — Activist hedge fund Starboard Value LP’s campaign to replace Yahoo Inc’s board of directors is being welcomed by some investors who have grown impatient with the faded…
Getbucks interest income up 26pc
Business Editor GETBUCKS Financial Services reported a 26 percent increase in interest income in the six months to December at $3,3 million from $2,81 million in the same period in…
Hwange seeks to cut down labour costs
Martin Kadzere : Senior Business Reporter COAL miner Hwange Colliery Company is looking at cutting down labour costs in an exercise that will see the company abolishing majority of senior positions,…
Standard & Poor lowers outlook on China
HONG KONG. — Standard & Poor’s Ratings Services yesterday cut its outlook for the Chinese government’s credit rating, marking the second major ratings firm to take a dimmer view of…
Govt puts in place strong corporate governance structure
Tinashe Makichi : Business Reporter Government has put in place a strong corporate governance structure which calls upon businesses to follow rational practices in their mandates, a senior Government official said. As…