The South African sovereign debt rating remained unchanged after government efforts to control the mining industry succeeded.
People
Private equity veteran becomes member of EO-DC's board
Private equity veteran T.J. Jubeir has been named as one of the board of directors of Capital Chapter of the Entrepreneurs Organization (EO-DC).
Nigerian Minister Aganga: “We want to build a new sector called venture capital”
Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
China's central bank announces interest rate reform
China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.
RealtyTrac: Home flipping profitable but tapering off in markets with distressed bargains
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
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In a statement released today, U.S. President Barack Obama paid his tributes to ailing Nelson Mandela.
ESPY recognized Robin Roberts' efforts by giving her the Arthur Ashe Courage Award. Tonight, Robin Roberts received the Arthur Ashe Courage Award at the ESPYs.
Snooki of MTV's Jersey Shore and Snooki & JWoww was accused by critics to be getting too thin. The red carpet event on Tuesday night displayed a slimmer figure of Nicole Elizabeth "Snooki" Polizzi.
Britain's Prince William and his wife Kate were waiting for the birth of their first child as the baby fever was expected to boost Britain's economy by GBP240 million.
Tiger Woods will play at the British Open on Thursday with almost US$600 million in his pocket. Disgraced golf superstar Tiger Woods is set to play at this week's British Open.
The Pope said that it will offer indulgences to followers of his Twitter account. The Catholic Church continued its tradition of offering 'indulgences' to its followers.
Pope Francis announced his intent to restructure the Catholic Church, including the Vatican Bank. The head of the Catholic Church spoke about reforming the entire structure of the religion, starting from the Vatican Bank itself.
Junne Shannon, mother of Alana Thompson, said in an interview that most of their earnings from their reality show is deposited in a trust fund for her daughters' education.
The Pope's plan to shakeup the Vatican Bank might result in long anticipated information regarding the Church's financial activities.
