Samsung Electronics, South Korean consumer electronics superpower and ostensibly the world's largest manufacturer of flat screen televisions, memory chips and liquid crystal displays, posted its first ever quarterly loss Friday as the global economic slump hit prices and demand for mainstay products. 26 Jan 2009
Sony projected it would report its first annual net loss in 14 years Thursday, and Chief Executive Howard Stringer vowed to turn around the company with pay cuts, job reductions and trendier gadgets. 23 Jan 2009
Best Buy, ostensibly the USA's largest consumer electronics chain, said Wednesday that it has named President and Chief Operating Officer Brian J. Dunn as its new chief executive effective 24 June 2009. 22 Jan 2009
Sony Ericsson is the latest casualty of the global economic slowdown. 20 Jan 2009
Stellenbosch wine estate, Simonsig, is paving the way for South African Méthode Cap Classique in the tough USA market with Simonsig Kaapse Vonkel Brut Rosé clinching the venerable 90-point mark in no less than two authoritative wine publications in under three months. 20 Jan 2009
Nintendo's dominance of the console gaming market continued in December, according to sales figures collected by the NPD Group. The Wii set a new monthly record as consumers picked up some 2.15 million consoles in December alone. The good news continued for Nintendo; its portable gaming platform, the DS, also set a one-month sales record with more than 3 million units moving off of store shelves. 20 Jan 2009
Nola, a division of Foodcorp, has re-launched its leading pet food brand Bobtail with a new look and an extended product line to further entrench their position in the market. 16 Jan 2009
Mobile handset maker Motorola said Wednesday it will cut 4,000 more jobs in 2009, in addition to 3,000 it announced in October. 16 Jan 2009
Two giants of Japan's consumer electronics industry are expected to announce annual losses for the first time in many years. 14 Jan 2009
Following on from the recent relaunch of the Yum Yum peanut butter range, Nola, a division of Foodcorp, is taking the brand in a new direction with the launch of its latest campaign. 13 Jan 2009
It's the end of an era as a British retail institution closed its doors on a century of trading as the latest victim of the financial crisis shut down the last of its stores. 7 Jan 2009
If you'd love to turn out gourmet dishes time after time without spending too much time in the kitchen, you'll be glad to know that with the launch of Woolworths comprehensive new ranges of cook's and baking essentials, help is at hand! 7 Jan 2009
UK clothing-to-food retailer's plans to axe jobs brings more doom. 6 Jan 2009
US billionaire investor Kirk Kerkorian decides to get rid of his Ford Motor Co shares. 31 Dec 2008
Woolworths will close all its stores at the start of next month, affecting the jobs of some 27,000 staff. 19 Dec 2008
Comair Limited, the parent company of British Airways in Southern Africa and kulula.com's airline and travel businesses, today announced the purchase of MT Beds and res24seven. The transaction further extends the kulula travel services business by leveraging two successful online sales platforms that consolidate travel accommodation inventories among multiple distribution channels. 19 Dec 2008
Online browsers decide Boks, 9/11 and '04 tsunami top stories. 18 Dec 2008
Press, media and celebrities made their way to the official launch party of Miss FTV Africa 2008 on 3 December 2008. 18 Dec 2008
Appletiser and its related variants: Red and White Grapetiser and Peartiser, have undergone a packaging revamp. The new packaging keeps the product abreast of global packaging trends - a vital factor when it comes to surviving in the fiercely competitive beverage market. 15 Dec 2008
South African Breweries (SAB) has featured prominently in a recent Enterprise Development Report published by SABMiller, one of the world's leading brewers. The report highlights the work of SABMiller's subsidiaries in creating sustainable economic opportunities for small entrepreneurs throughout its supply chain. 11 Dec 2008
