Why my Visa Statement Will Show a Charge for One Pony
When it comes to making our kids happy, it can be easy for parents to overspend.
Lonmin Seeks Waiver on Test of Banking Covenants
Platinum miner Lonmin PLC (LMI.LN) has asked its lenders--Lloyds Banking Group PLC (LYG), HSBC Holdings PLC (HBC) and Standard Chartered PLC (STAN.LN)--to waive a test of banking covenants that it will breach following a collapse of production at its Marikana mine due to violent clashes between
Lonmin Says Worker Turnout Improving
Lonmin PLC (LMI.LN) said this weekend worker turnout improved at part of its Marikana operation while much of the mine remains closed as it plans to meet with unions this week with the aim of ending a violent strike that has shut the operation for two weeks.
Caltex Operating Profit Climbs on Fuel Demand
Caltex Australia Ltd. (CTX.AU) Monday booked a 74% increase in first-half net profit due to robust demand in Australia for transport fuels and a better performance from its two oil refineries.
BHP Aims to Hike Production in 2012, 2013
The world's biggest miner, BHP Billiton Ltd. (BHP, BHP.AU) aims to increase production by about 10% a year for the next two years, potentially offsetting lower prices that it expects for most of its products over the longer term.
HSBC Probed for Money Laundering
U.S. prosecutors are looking into whether British bank HSBC was involved in laundering money for Mexican drug cartels and moving cash for Saudi Arabian banks with ties to terrorists, The New York Times reported Saturday.
BHP Sells Australia Uranium Deposit to Cameco for US$430 Million
BHP Billiton Ltd. (BHP) said Monday it sold its Yeelirrie uranium deposit in Western Australia state to Cameco Corp. (CCJ) for US$430 million.
ThyssenKrupp Wants at Least €7 Billion for Steel Plants
Germany's industrial conglomerate ThyssenKrupp AG (TYEKY, TKA.XE) wants to get at least 7 billion euros ($8.8 billion) for the two steel plants in the U.S. and in Brazil that are up for sale, Chief Executive Heinrich Hiesinger told Sunday paper Welt am Sonntag in an interview.
Apple Win May See IPhone Korea Sales Delay: Report
A victory for Apple Inc. in the U.S. segment of its patent dispute with Samsung Electronics Co. may mean that the next version of Apple's iPhone won't be available for sale in South Korea for a "considerable" time, the Korea Times reported Sunday.
Fortescue To Develop Fifth Berth At Anderson Point
Fortescue Metals Group Ltd. (FMG.AU) said Monday it has reached an agreement with the Port Hedland Port Authority and West Australian government to develop a fifth berth at Anderson Point.