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S.Africa rand stabilises vs dlr, bonds edge higher

South Africa's rand steadied against the rand on Tuesday and government bonds edged higher as tentative calm returned to the market although local assets are still vulnerable to contagion fears over Greece's heavy debt burden.
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South African rands

S Africa rand ends 3rd quarter with fresh fall vs dlr

The rand fell against the dollar on Friday and looked set for its worst quarter in over two years as investors trim exposure to risk going into a weekend, remaining unconvinced that the euro region's debt crisis will be solved.
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Judge narrows $1 billion Madoff case vs NY Mets owners

A federal judge narrowed a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for Bernard Madoff's victims, and cast skepticism on how much might ultimately be recovered.
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Judge tosses part of Madoff case vs NY Mets owners

A Manhattan federal judge on Tuesday threw out part of a $1 billion lawsuit against owners of the New York Mets baseball team by the trustee seeking money for victims of Bernard Madoff's Ponzi scheme.
A South African child holds a 50 rand note in a file photo

S.Africa's rand up 3 pct vs. dollar, bonds follow

South Africa's rand firmed over three percent on the dollar on Tuesday and was the biggest gainer in a basket of emerging market currencies watched by Reuters, as investors returned to riskier assets on hopes Europe's debt crisis will be solved.
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Union says documents bolster NLRB case vs Boeing

The union representing Boeing Co workers in Washington state on Friday said internal company documents show Boeing intended to punish union members for past strikes when it located an airplane production line in non-union South Carolina.
A Lennar model home is open for customers in a new neighborhood in the Denver suburb of Thornton

Buying frenzy Lawsuit vs Homebuilders Revived

A federal appeals court revived a lawsuit by homeowners who accused eight major homebuilders of causing them to overpay for their homes by marketing nearby houses to high-risk borrowers who later went into foreclosure.
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Appeals court revives lawsuit vs homebuilders

A federal appeals court revived on Wednesday a lawsuit by homeowners who accused several major U.S. homebuilders of causing them harm by marketing neighboring homes to people at high risk of foreclosure.
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Cellphones may be new tool vs Somalia famine

Cellphones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.
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Cell phones may be new tool vs Somalia famine

Cell phones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.
A mother casts her vote during the Zambian presidential election,

Zambians vote in 'King Cobra vs RB' election

Zambians voted on Tuesday in a closely contested election between President Rupiah Banda and opposition leader Michael Sata, who has been a critic of foreign investment in Africa's biggest copper producer, most notably from China.

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