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Glencore, the global commmodity giant run by South Africa-born Ivan Glasenberg, is under investigation in Brazil’s massive corruption scandal.
Predicting the next recession is, obviously, a fool’s game. But it’s still worth keeping an eye out for signs that there are storms ahead.
The Public Investment Corporation together with the Government Employees Pension Fund have been under the spotlight this week amid revelations that they have effectively written off loans of R7.4bn to a Steinhoff connected entity and Sekunjalo.
Recovery may be shortlived as Eskom prepares for spate of power blackouts, the London-headquartered Financial Times tells its readers.
A successful rocket launch by Elon Musk’s SpaceX marked twin milestones for the company’s drive to ease access for commercial satellites into orbit.
The failure of the Abraaj Group has sent ripples through emerging market private equity investment circles. It took almost 16 years to build but the Dubai-based firm’s dramatic collapse took just four months.
In this interview, Chris Yelland explains why Eskom’s entire model is under the spotlight as concerns mount over the energy provider’s sustainability.
Stocks, oil and emerging market currencies rose Monday as the US and China’s trade detente spurred optimism about the tensions between the two countries.
In recent years, Glencore has been shaping itself as a global mining company competing with the likes of Rio Tinto, but is losing its lustre for investors.
Microsoft unseated Apple for the top spot, closing Friday with a market cap of $851.36 billion, nearly $4 billion higher than the iPhone maker.