Adverts featuring Tiger Woods have vanished from American prime-time broadcast and cable television amid blanket coverage of lurid claims of his infidelity.
According to US media research company Nielsen, the last prime-time advert featuring the 33-year-old golfer was a 30-second Gillette spot on November 29 — two days after he crashed his car following a row… »
The share of the U.S. population aged between 40 and 65, when people typically prepare for retirement by building their biggest pile of financial assets, peaks in 2010 and this ratio has shown an uncanny link with real equity prices for 40 years.
In snapshot, 78 million Americans were born between 1946 and 1964 and by… »
Dec. 9 (Bloomberg) — Stocks fell from New York to Vienna and Dubai and the MSCI World Index declined for a fifth day as a reduction in Spain’s credit outlook added to concern that defaults will spread through the global economy.
The MSCI measure retreated 0.6 percent at 12:54 p.m. in New York, giving it… »
A new “super-tax” on bank bonuses will be introduced immediately, the chancellor announced today, in an attempt to stop banks using profits to pay large bonuses to bankers.
Alistair Darling attempted to appease critics who feared the tax on bonuses would prompt defections from the City by insisting the 50% tax rate on bonuses of more… »
Oops, Japan’s economy isn’t doing so well after all.
The government revealed Wednesday that the world’s second-biggest economy grew far less in the third quarter than it first estimated, unnerving investors and economists who believed the recovery was gaining momentum.
It turns out the economy is actually slowing…. »
It was mixed, but the JSE could’ve been an awful lot worse. The Dubai story haunted the East but failed to translate it’s influence into anything really bearish elsewhere. Wayne McCurrie, RMB Asset Management, looks at the nervy day of… »
Both of these numbers were poor, by anyone’s standards. And yet GDP is positive. What data do we believe? Listen to Lindsay Williams chatting to Vivienne Taberer, portfolio manager at Investec Asset Management and find… »
As always on a Wednesday we talk property with on eof the country’s most accomplished property professionals. Chris Drummond, the chairman of Benguela Cove Investments (Pty) Ltd, runs through the World Cup effect. Are we being too greedy? Are we expecting too much? Or is this really the goose that lays the golden eggs in… »
A rise in food prices when combined with administered price inflation of 11% year-on-year (y/y) in South Africa will certainly resonate negatively on the declining inflation rate as power utility Eskom is set for another 35% tariff increase.
However, market conditions are different from those that triggered… »
Johannesburg, Dec 9 (I-Net Bridge) - A Bureau for Economic Research (BER) survey released on Wednesday shows that financial analysts, business people and trade unions expect headline CPI inflation to reach an average of 7.5% in 2010 from the 8.1% of 2009. It is then seen going to 7.7% in 2011.
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