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Business
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RSS feed for all of the Mail & Guardian Online news stories
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UK banks 'set to unveil bailout plans'
Major British banks are likely to announce their plans to recapitalise early on Monday.
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Without real leadership, we face financial disaster
A lethal new threat is emerging at the dark heart of the financial system, writes Will Hutton.
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We're fine, says Moscow, amid trading 'chaos'
Despite signs of chaos, Russia insists it is not on the brink of a national crisis, writes Tony Levene.
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US to invest directly in banks
The US government plans to invest directly in US banks for the first time since the Great Depression, says Treasury Secretary Henry Paulson.
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Powerhouse hopes to stand firm in financial storm
China looks likely to emerge stronger in the weakened financial system after weathering its own crises of unrest in Tibet and the Sichuan earthquake.
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Woolworths granted interdict by Labour Court
The Labour Court has granted Woolworths an interdict after the South African Commercial, Catering and Allied Workers' Union breached picketing rules.
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World finance chiefs seek solutions in firestorm
Global finance chiefs gathered in Washington for crisis talks on Friday as panic spread in global financial markets.
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SABC reports drop in profit
The South African Broadcasting Corporation's 2008 operating profit has dropped from last year's R182,8-million to R111,3-million.
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Woolies concerned about strike intimidation
Retail giant Woolworths said on Friday it was concerned about intimidation of those workers not taking part in an ongoing strike.
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Global rout, bank woes shake Wall Street
United States stocks tumbled on Friday, sending the benchmark S&P 500 below 900 for the first time in five years.
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Worse may come in SA markets
South Africa's markets could bottom out another 1 500 points down, Sasfin market commentator David Shapiro predicted on Friday.
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Surviving the hurricane
For years, as the global economy enjoyed the longest boom since the late 1960s and early 1970s, the mood at the annual meeting of the IMF was smug.
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Oil drops to $82, lowest in a year
Oil fell more than $4 a barrel to a one-year low on Friday, depressed by expectations that global demand growth will shrink.
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Manuel: SA 'reasonably insulated' from financial storm
SA is "reasonably well insulated" from the global financial crisis despite expecting low export revenue, Finance Minister Trevor Manuel says.
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Woolworths workers continue picketing
Woolworths workers will continue picketing on Friday while the retailer considers a counter-proposal submitted by Saccawu.
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Telkom says board, govt support Vodafone bid
Telkom said on Thursday its board and the government supported a bid by Britain's Vodafone to buy Telkom's stake in Vodacom Group.
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Global crisis hits Japan financial sector
The global economic crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks
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Cops say Woolies workers storm Jo'burg store
Hundreds of striking Woolworths employees stormed through a store in Johannesburg's CBD on Thursday, police said.
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Iceland's biggest bank taken over
Iceland seized control of its biggest bank on Thursday to try to shore up its listing financial system, and halted all trade on its stock market.
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Reserve Bank leaves rates unchanged
The South African Reserve Bank's monetary policy committee has left interest rates unchanged, Governor Tito Mboweni said on Thursday.
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