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Welcome to SAICA industry news, here you will find daily update industry news from the South African financial sector and world markets.


This oil giant's profits are down 90%
It's been an even worse year for Big Oil than people realized.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/cOR_SXgL6pw" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/BQnWJwkz-eI" height="1" width="1" alt=""/>

Mark Zuckerberg & Priscilla Chan having a baby
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/gNitWb2XoAI" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/LzS21dLzlMQ" height="1" width="1" alt=""/>

Cuban interns get taste of NYC startups
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/K6ho9492Ess" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/-oN9e_dco8c" height="1" width="1" alt=""/>

Russia cuts rates again to prevent deeper slump
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/_xcv-WgkUcs" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/9W88RQItWu0" height="1" width="1" alt=""/>

Anger over Lufthansa crash compensation offer
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/Mrlj0P-FZKI" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/xK8f38Q3JFM" height="1" width="1" alt=""/>

Get ready: Puerto Rico is likely to default August 1
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/PH_vnZaQBw0" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/iDZQaUzoos0" height="1" width="1" alt=""/>

MH370 families not ready to talk compensation
Most families of MH370 passengers are not ready to accept compensation from Malaysia Airlines while the fate of the Boeing 777 remains a mystery.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/irTAes8DFR8" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/OkmP84DMlmY" height="1" width="1" alt=""/>

Zuckerberg opens up over wife's prior miscarriages
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/Kvr7anPCvNc" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/s1XAi6KPt_o" height="1" width="1" alt=""/>

Greek stock market to reopen, with restrictions
The Athens stock exchange will reopen on Monday, five weeks after authorities shut it down as Greece teetered on the brink of financial collapse.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/skbLbgPVqAg" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/RfW-1jEDpEA" height="1" width="1" alt=""/>

Beijing had few rivals for expensive Olympics
Beijing has just won the 2022 Winter Olympics but the competition was weak after many rivals dropped out due to concerns about the costs and lack of economic benefits.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/_jos-wZ32vY" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/kr1vRLNrVMU" height="1" width="1" alt=""/>

These nations are at risk from gold and copper slump
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/FZ-b0A1YMMQ" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/iPMIeHkUeqE" height="1" width="1" alt=""/>

Most valuable car collection ever auctioned
In total, the 'Pinnacle Portfolio' is the most valuable group of cars from one collection ever sold in a single auction.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/Ydf8myutlk4" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/w5c7KK-d45E" height="1" width="1" alt=""/>

Facebook built a giant Internet drone
Read full story for latest details.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/9zUYrM43h9U" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/TvJD1VNyB_s" height="1" width="1" alt=""/>

This is how far robots have come since the 1930s
Are robots catching up to humans? Yes. Should we be scared? Find out!<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/FG2c8SoGDB8" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/3OD4Hfp2AKI" height="1" width="1" alt=""/>

China's stock market crash...in 2 minutes
How low will China's markets go? Can Beijing stop the slide? Here are the latest developments on a fast-moving story.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/bTXQWiQZLb4" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/stp6W5ZcVOc" height="1" width="1" alt=""/>

How do you feel about the economy?
Tell us about your economic mood and see how the rest of the world feels.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/lAS-EQHnYxs" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/BjLIZK1Z_Fc" height="1" width="1" alt=""/>

See how your minimum wage stacks up
<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/62Ie0Z1g4Sc" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/LuQapSCJRN8" height="1" width="1" alt=""/>

Uber invests $1 billion in Indian market
Uber promises to pour $1 billion into India over next nine months, says the market is a global priority.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/mQNfwYXXrUA" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/lBAAX_DZtoI" height="1" width="1" alt=""/>

Amazon signs 'Top Gear' team for new car show
Amazon has signed Jeremy Clarkson and his fellow former co-hosts of global TV hit Top Gear to present a new car show on Amazon.<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/NgwOshAa-0g" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/79UreVuvWwI" height="1" width="1" alt=""/>

IOS 9 makes the iPhone a smarter smartphone
With iOS 9, Apple's latest mobile operating system that will launch in the fall, the iPhone is officially "all growns up."<img src="http://feeds.feedburner.com/~r/rss/money_news_international/~4/OF_fzN-h42M" height="1" width="1" alt=""/><img src="http://feeds.feedburner.com/~r/rss/edition_business/~4/cT_eIXWabxM" height="1" width="1" alt=""/>

News24.com | Peters asks AG to probe Prasa
Transport Minister Dipuo Peters has asked the Auditor General to probe alleged financial mismanagement at Prasa.

Fin24.com | Off-grid rural electrification 'pivotal for SA economy'
Trina Solar, a global leader in photovoltaic modules, solutions, and services reports that solar has become a sustainable option for rural and remote areas.

News24.com | Zim says 2nd American involved in illegal lion hunt
Zimbabwe has claimed that a second American killed a lion with a bow and arrow in an illegal hunt.

News24.com | UN warns of CAR humanitarian crisis
Activities cannot be continued till the end of year without immediate action to boost aid to the Central African Republic Ocha says.

News24.com | Czech president tells migrants: 'No-one invited you'
Czech President Milos Zeman has lashed out at illegal immigrants after dozens tried to flee a detention centre, prompting police to use tear gas against the demonstrators.

Sport24.co.za | Frisbee gets Olympic nod
The sport of flying disc, commonly known as "frisbee", has been officially recognised as an Olympic sport by the International Olympic Committee.

Channel24.co.za | Royalty not safe alone with Chris Brown?
Nia Guzman has reportedly filed court documents to state she does not feel it is safe for Chris Brown to see their 13-month-old daughter Royalty when he is alone.

News24.com | South Sudan tearfully becomes 206th Olympic member
South Sudan has become the Olympic movement's 206th member amid emotional scenes as the war-stricken African nation crossed the final hurdle to competing at next year's Rio Olympics.

News24.com | Kerry assures Iran deal makes Mideast safer
US Secretary of State John Kerry has sought to assure Middle East allies that the Iran nuclear deal will make them safer.

News24.com | Teenager killed in KZN hit-and-run
A teenager has been killed in a hit-and-run accident on the N2 near Hibberdene on the KwaZulu-Natal south coast.

News24.com | Wildfires rage across swathes of California
Thousands of firefighters are battling raging wildfires across swathes of parched California that forced residents to evacuate and shut miles of highway.

Channel24.co.za | <em>Mission: Impossible</em> climbs to No 1
The stakes may be high for Ethan Hunt and his team in <em>Mission: Impossible - Rogue Nation</em>, but it was hardly impossible for the Tom Cruise movie to conquer the box office.

News24.com | Manhunt after US police officer shot dead
A police officer has been shot dead during a traffic stop in Memphis.

Sport24.co.za | Arsenal take early bragging rights
Arsenal manager Arsene Wenger has claimed victory over Chelsea counterpart Jose Mourinho at the 14th attempt in the Community Shield.

News24.com | Man killed in Kempton Park accident
A man has died after being hit by a car in Kempton Park, Ekurhuleni, paramedics say.

Sport24.co.za | Cameron into 100m breaststroke final
Cameron van der Burgh has qualified for the final of the men's 100m breaststroke at the Fina World Championship in Kazan, Russia.

Sport24.co.za | Chad le Clos fails in 50m fly
Chad le Clos has failed to qualify for the final of the men's 50m butterfly at the Fina World Championship in Kazan, Russia.

Sport24.co.za | Semenya qualifies for world champs
Caster Semenya snuck into the SA team for the World Championships after running a qualifying time on Saturday.

News24.com | Girl hurt in Jerusalem gay parade attack dies
A teenage girl stabbed by an anti-gay extremist in last week's attack on Jerusalem's gay pride parade, has died.

Fin24.com | Gold sector: ‘No deal unless all unions agree’
South Africa’s major mining companies are putting on a show of unity – vowing not to agree to a wage deal unless all four unions in the sector agree simultaneously.

Here’s how much the strong dollar hurts American companies
<p>The dollar's strength caused a third of the recent decline in U.S. companies' foreign subsidiary profits.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news/international/heres-how-much-the-strong-dollar-hurts-american-companies/">Here&#8217;s how much the strong dollar hurts American companies</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

BMW CEO hints there is space for more electric models
<p>Also said BMW was in regular contact with major technology companies, including Apple, over connected cars.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news/international/bmw-ceo-hints-there-is-space-for-more-electric-models/">BMW CEO hints there is space for more electric models</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Archbishop Tutu undergoes investigative procedure in hospital
<p>To determine the status of an infection that is being treated with antibiotics.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news/south-africa/archbishop-tutu-undergoes-investigative-procedure-in-hospital/">Archbishop Tutu undergoes investigative procedure in hospital</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Tokyo Sexwale may run for FIFA presidency
<p>Prince Ali bin Al Hussein of Jordan is also considering running again after losing to Blatter in May's vote.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news/south-africa/tokyo-sexwale-may-run-for-fifa-presidency/">Tokyo Sexwale may run for FIFA presidency</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

US job market set for more than just “some” attention
<p>Global economy week ahead.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news-fast-news/us-job-market-set-for-more-than-just-some-attention/">US job market set for more than just &#8220;some&#8221; attention</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Emerging market central bankers are getting nervous about their plunging currencies
<p>Here’s the damage report...</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news/economy/emerging-market-central-bankers-are-getting-nervous-about-their-plunging-currencies/">Emerging market central bankers are getting nervous about their plunging currencies</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Microsoft said to consider funding Uber at $50bn valuation
<p>The software maker is still in discussions and hasn’t make a final decision on whether to make the investment.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news/international/microsoft-said-to-consider-funding-uber-at-50bn-valuation/">Microsoft said to consider funding Uber at $50bn valuation</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Rand recovers from 14-year lows on trade surplus
<p>The rand has fallen 9% against the dollar since the beginning of the year.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news-fast-news/rand-recovers-from-14-year-lows-on-trade-surplus/">Rand recovers from 14-year lows on trade surplus</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Shares recoup July losses, Telkom up on high revenue
<p>Telkom shares rose 7.86% to R61.48, its biggest one-day climb in more than six years.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news-fast-news/shares-recoup-july-losses-telkom-up-on-high-revenue/">Shares recoup July losses, Telkom up on high revenue</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Wall Street week ahead: Only a payrolls surprise could shake stalling market
<p>Investors should expect a continuation of the directionless market.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/news-fast-news/wall-street-week-ahead-only-a-payrolls-surprise-could-shake-stalling-market/">Wall Street week ahead: Only a payrolls surprise could shake stalling market</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

What financial services can learn from stokvels
<p>Ease, transparency and trust.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-personal-finance/what-financial-services-can-learn-from-stokvels/">What financial services can learn from stokvels</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Positive reaction to extension of tax support project
<p>'The cupboard will be bare long before the scheme expires' - Duane Newman.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-tax/positive-reaction-to-extension-of-tax-support-project/">Positive reaction to extension of tax support project</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Are you on track to retire comfortably?
<p>Education of pension fund members often lacking.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-financial-planning/track-retire-comfortably/">Are you on track to retire comfortably?</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Don’t let fear ruin your retirement
<p>The difference between investment and inflation risk. </p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-financial-planning/dont-let-fear-ruin-retirement/">Don’t let fear ruin your retirement</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

When it comes to fees, consider both price and value
<p>Reader's question answered.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/when-it-comes-to-fees-consider-both-price-and-value/">When it comes to fees, consider both price and value</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

The most underrated financial principle
<p>Frugality.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-financial-planning/underrated-financial-principle/">The most underrated financial principle</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

What is your investment goal?
<p>Shifting the focus from returns to outcomes.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-financial-planning/what-is-your-investment-goal/">What is your investment goal?</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

It can be taxing to work abroad
<p>With unexpected traps for the unwary.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-tax/it-can-be-taxing-to-work-abroad/">It can be taxing to work abroad</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Use your salary to build wealth instead of debt
<p>The Money School's Gary Kayle and Michelle Dickens on the Wealthy Workforce Workshop: go from financial literacy to financial intelligence.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-personal-finance/use-your-salary-to-build-wealth-instead-of-debt/">Use your salary to build wealth instead of debt</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>

Ensuring a fair inheritance
<p>Reader's question answered.</p> <p>The post <a rel="nofollow" href="http://www.moneyweb.co.za/mymoney/moneyweb-personal-finance/ensuring-a-fair-inheritance/">Ensuring a fair inheritance</a> appeared first on <a rel="nofollow" href="http://www.moneyweb.co.za">Moneyweb</a>.</p>
 
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