Libya turmoil boosts oil, equities restrained

Libya turmoil boosts oil, equities restrained

Oil prices charged to a fresh 2-1/2 year high Monday as traders eyed increasing violence in major producer Libya, feeding fears about rising inflation and unsettling other markets. European equities fell on a combination of uncertainty over the future of the oil...
Paying interest on their debts

Paying interest on their debts

Brits will spend the first 45 days of this year working just to pay off the interest on their debts according to new research1 from the professional advice website unbiased.co.uk. This means consumers have only earned enough simply to cover the interest they have...
Wood Group Announces Disposal of Well Support Division

Wood Group Announces Disposal of Well Support Division

ABERDEEN, United Kingdom, – Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”).  Following...
Govt declares 2011 as year of job creation

Govt declares 2011 as year of job creation

Cape Town – Government has declared 2011 as the year of job creation. Delivering the State of the Nation Address in Parliament on Thursday, President Jacob Zuma said this would be done through meaningful economic transformation and inclusive growth. “We have...
US recruitment shows growth

US recruitment shows growth

A major US online recruitment index has shown that online demand for workers experienced a 7 per cent year-on-year rise in January. The Monster Employment Index, put together by online recruitment site Monster.com, showed that all of the 28 major city markets they...