The price of gold reached a record high close to $1,480 an ounce with investors piling into the safe-haven precious metal amid spikes to global inflation and fresh eurozone debt worries. Gold price hits record high Full Story ... Govt handed petition against tolls The Automobile Association has handed the finance ministry a 52,000 signature petition against the proposed tolling of Gauteng freeways. Full Story ... Court to rule on Pikitup strike The Labour Court is expected to rule on Friday whether a Pikitup strike that started last Thursday is protected. Full Story ... Machanik's criminal case postponed The criminal case against former estate agent Wendy Machanik was postponed by the Johannesburg Specialised Commercial Crimes Court on Friday as she has run out of funds. Full Story ... JSE down The JSE was modestly lower as investors digested the latest Chinese inflation data and remained cautious ahead of the release of US consumer price index (CPI) figures. Full Story ... US banks to settle penalties Several major US banks are close to an agreement with the Wall Street regulator to settle fraud allegations related to the “toxic” mortgages behind the 2008 financial crisis. Full Story ... Google accused of unfair trade South Korea's top two Internet companies have filed complaints with the antitrust watchdog against Google. Full Story ... Google cost surge unnerves Street Google Inc's stunning 54 percent spending surge in the first quarter spooked investors already worried its new CEO may take his eye off the bottom line to chase revenue growth. Full Story ... |
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