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Warren Buffett’s Berkshire took advantage of a plunge in bank stocks to pile even further into his bet on financials, while trimming a giant stake in Apple.
Amazon CEO Jeff Bezos’s February got even worse yesterday when his group buckled to political resistance and dropped plans to build a new HQ in New York City.
Shares in iconic jeans maker Levi Strauss & Co are set to return to the public markets later this year, more than three decades after delisting.
US share prices rose strongly last night, with the three major indices gaining almost 1.5%.
Credit rating agency Moody’s says president Cyril Ramaphosa’s plan to fix Eskom is not enough to address the problem.
Wall Street analysts are pointing to a raft of technical indicators suggesting the stock market has re-entered a bull trend just four months after September’s sharp reverse.
South Africa’s wait for a meaningful oil and gas discovery ended yesterday when the consortium headed by Total announced a gas find of about a billion barrels of oil equivalent.
CNBC noted recently that Stripe has become one of the most sought after payment start-ups in Silicon Valley. It’s now one of the most valuable “unicorns”.
Reports released last night show that recent years are the hottest ever measured – and that there is worse to come.
In a new twist to the ongoing saga about Trump’s relationship with Russia, the US president has controversially lifted sanctions on companies linked to Oleg Deripaska.