Latest Business News

Fears that the Tanzanian government might move to impose a windfall levy on mining profits undermined the mood around African Barrick Gold last night.

The miner – the largest gold producer in Tanzania – saw its shares slump by nearly 8 per cent as traders fled on local press reports that the country’s state planning commission had proposed the so-called “super profits tax”. The concerns were such, and the appetite for risk so low, that the slide persisted even after the group rushed to reassure investors with an official stock market announcement shortly before noon.

“ABG is not aware of any such plans and has not been involved in any discussions or consultation in relation to this, either as ABG or through the Tanzanian Chamber of Minerals and Energy,” it said, as its shares led the FTSE 100 loser board.

Full Post…

Tags: African Barrick, Barrick

Between heavy rain, special events and a death in the family it’s been a struggle for Beverly and Stephen Knight to keep up with all the chores at Azalea Path Arboretum and Botanical Gardens this spring.

The 80-acre garden, which straddles Gibson and Pike counties, has no paid employees and relies on the Gibson County Master Gardeners group to help with upkeep.

So when Toyota Motor Manufacturing Indiana called to see if the garden could use some helpers, the Knights jumped on the chance.

The azalea garden is one of a number of nonprofit groups that have benefitted from Toyota’s recent volunteer efforts.

Since April 15, Toyota has scheduled a number of nonproduction days to deal with a parts slowdown stemming from the March 11 earthquake and tsunami in Japan.

Full Post…

The supermarket sector will be in focus this week with both Tesco and Sainsbury’s set to post updates.

The trading figures come against the backdrop of increasing concern about the depth of the consumer slowdown as the Chancellor George Osborne sharpens his axe. The public sector has yet to see the worst of the cuts – but already, the high street appears to be struggling to deal with the dip in sentiment. Last week, figures from Argos owner Home Retail Group chilled the mood across the retail sector, and the two supermarkets will be closely watched for their comments on sector trends.

Tesco is up first with its update tomorrow. I

Full Post…

Tags: Week, Week Ahead

Social media is powerful for marketing and creating engagement. For many of us, we go from one account to another, managing the flow of tweets, status updates, Facebook likes and more. Managing your social media efforts is no easy task. Quite recently, I’ve heard from many of you that you want to know about tools you can use to help you control your social media marketing time.

Postling is a social media management tool that lets you view and control your accounts from one single interface. If you’ve stayed away from social media because you don’t know how you’d keep it from taking over your life, then Postling is worth a serious look.

The service lets you add your major social media accounts quickly and easily (image below). After y

Full Post…

Tags: Media, Social Media

WARRICK COUNTY, Ind. — In under two years, the privately owned Brentwood Meadows in Warrick County, Ind., has expanded its capacity to treat people who have alcohol or drug addiction problems, as well as mental health problems.

Its newest wing, Cedar Springs, will be showcased at a private open house between 4 and 7 p.m. M

Full Post…