The BSE Sensex was headed for a second day of decline on Thursday as investors booked profits from recent rallies as concerns mounted over the state of the global economy, including rising oil prices.
Gold jumped to a three-month high on Wednesday, reversing early losses after bullish technical factors triggered fund buying, and platinum prices hit their highest in five months on supply worries.
Platinum prices shot up more than three percent Wednesday after Impala Platinum Holdings Ltd., the world's second largest platinum producer, told buyers April deliveries would be slashed in half because of a strike in South Africa.
Rumors surrounding the highly anticipated Samsung Galaxy S3 signaled to a March release date, but new reports claim the phone will not be out until the summer of 2012.
Actor Brad Pitt may soon have a new role: real estate developer. Croatian paper Jutarnji List reported that Pitt has partnered with businessman Danko Koncar and actor Rade Serbedzija to build a luxury waterfront resort in the Brijuni Islands in the Adriatic Sea.
Jeff Rice, a production facilitator for The Amazing Race was found dead in his Uganda hotel room. Poisoning is suspected as the cause of death.
Gold prices retreated from an earlier two-week high in Europe on Wednesday as persistent concerns over Europe's finances hurt the euro and weighed on stock markets, while a supply upset in major producer South Africa lifted platinum to a five-month high.
A U.S. software industry report on Wednesday chided Brazil, China and India for policies it said threatened the future of cloud computing, but also took aim at developed countries such as Germany that did well on its inaugural scorecard.
In a strange mix-up, Hillary Clinton stuck out at a meeting of the G20 foreign affairs ministers in Los Cabos, Mexico this week. While the 30 other foreign secretaries and ministers wore crisp white shirts, Clinton stuck out sporting a lime green blouse. The informal meeting marked the first time the G20 Ministers of Foreign Affairs assembled together. The G20 members gathered in Mexico to discuss among other issues food security, sustainable development and the growing international economy.
Gas prices have risen to above $4 per gallon in many parts of the country, but compared to other countries, it's actually a rather low figure.
Spot gold rose to its highest in a week and half on Tuesday as the dollar weakened after eurozone policymakers sealed a deal for a second bailout for Greece.
Ricky Ponting, Australia's most successful one-day cricketer, accepted that his limited overs international career was over on Tuesday but said he wanted to continue in test cricket and hoped to play in the 2013 Ashes. It's a bit hard to say I've retired given I've been dropped but I don't expect to play one-day international cricket anymore, he said.
Gold prices rose more than half a percent on Monday as growing optimism that European leaders will sign off on a rescue deal for Greece lifted the euro, and after China's central bank further loosened monetary policy.
African Union Chairman Thomas Boni Yayi will visit some of the continent's conflict areas -- including Sudan, South Sudan, Mali, and Libya -- for direct talks, an aide said on Saturday.
The Johannesburg-based company earned $336 million or 47 cents a share in the fourth quarter, up 27 percent from the prior quarter. The company earned $973 million in 2011, compared with $153 million in 2010.
AngloGold Ashanti, the world's third-largest gold producer, became the latest South African miner to report a surge in output-disrupting safety stops on Wednesday as it unveiled a sharp fall in fourth-quarter earnings.
Gold dropped on Tuesday as the dollar rallied versus the euro onrenewed fears of credit downgrades in major European economies and uncertainty over Greece's bailout.
Love story The Vow won the hearts of moviegoers with $51.4 million in global ticket sales over a pre-Valentine's Day weekend that featured stronger-than-expected performances from three new releases.
The Colombia singer tweeted that she was attacked by a Blackberry-seeking sea lion in Cape Town, South Africa.
DRDGold, South Africa's fourth-largest gold producer, said on Tuesday that second-quarter earnings climbed 65 percent as it continued to cash in on the higher gold price.
Gold prices climbed on Monday as news that Greece's parliament had approved an austerity bill needed to release a second round of bailout funds lifted the euro, while platinum rose back towards a three-month high as supply issues flared up.
Despite overall growth in the country's economy, poverty in Nigeria is on the rise.
