Vodacom Group, MTN Group and Telkom would have their respective fortunes change because of the latest regulatory guidelines issued in South Africa.
Legal & Regulatory
Hope glimmers amid US partial shutdown
A few glimmering hope had surfaced on Monday in the middle of the US partial shutdown as US President Barack Obama said he would accept a short term increase in the nation's debt ceiling, said a Reuters report.
Wall Street falls after no move to resolve US shutdown
US stocks fell that marked an extended two weeks of losses following the partial shutdown of the US government over budget issues, said a Reuters report.
Starbucks founder urges fellow business to push for US shutdown to end
Starbuck Corp Chief Executive Officer Howard Schultz had urged fellow business leaders to push US political leaders to end the US partial shutdown, said a Reuters report.
World Bank to cut reorganization budget
On Monday, World Bank’s Chief Financial Officer said that the bank had planned to cut USD400 million from its budget as a part of a sweeping reorganization.
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The dismissal, which is a win for telephone companies, upheld the FCC mandated rules on fees charging and infrastructure use.
With the US government's partial shutdown, talks between US and EU regarding the creation of the biggest free trade zone in the world scheduled next week in Brussels had been scrapped, said a Reuters report.
Ben Venue was required by court to comply with good manufacturing standards set. The local unit of German pharmaceutical firm Boehringer Ingelheim, Ben Venue Laboratories Inc.
The naivete of Volkswagen was called out by Tennessee Republican Senator Bob Corker. Tenesseee Republican Senator Bob Corker issued a warning to Volkswagen AG if the German carmaker allows the United Auto Workers to represent its workers, it would be its 'biggest mistake', The remarks were quoted by German newspaper Handelsblatt.
A default would bring catastrophic results to the world economy. The world is anticipating the showdown on Capitol Hill over the US federal budget and debt ceiling.
The United States of America had moved closer to reaching a first ever default on the nation's debt after House Speaker John Boehner ruled out a straightforward bill to increase the country's borrowing limits without approval from the US President, said The Economic Times report.
HSBC Holdings had lost its bid to undo a 2009 securities fraud trial verdict, according to a Reuters report.
The Transatlantic Trade and Investment Partnership had faced gale winds and now stands to undergo rough seas.
The US shutdown and its eventual break in the deadlock has been hoped by many countries as the effect has reached other bourses.
