Rising Profit Estimates Mask South Africa’s Frail Equity Outlook
Analysts have raised the earnings outlook for South Africa’s main equity index to an almost 11-year high. Money
2023-06-09 20:56
America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:55
Why do businesses keep raising their prices?
What's behind inflation? Some economists cite pandemic-era supply chain bottlenecks, the war in Ukraine and US economic policies; others corporate greed. But a new survey suggests the strength of customer demand has outsized influence on prices.
2023-06-09 20:23
Support for ESG Shareholder Proposals Plummets Amid GOP Backlash
Investor support for environmental and social shareholder proposals slumped to the lowest in six years amid the Republican
2023-06-09 20:16
France strong-arms big food firms into cutting prices
By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -The biggest food industry companies in France have pledged to cut
2023-06-09 19:50
Ukraine Recap: Tanks on the Move, EU Struggles on New Sanctions
Ukraine faced another missile and drone attack on Friday even as Kyiv’s long-awaited ground offensive — one that’s
2023-06-09 19:46
Investors pile into cash, bonds ahead of key rate decisions-BofA
By Samuel Indyk LONDON Investors poured money into cash and bonds in the week to Wednesday, according to
2023-06-09 19:27
Activision intervenes in Microsoft challenge to UK regulator's block
LONDON "Call of Duty" maker Activision Blizzard has been given permission to intervene in Microsoft's legal battle with
2023-06-09 19:23
South African Presidency Maps Out Vision to End Loadshedding
South Africa will focus on fixing its dilapidated coal-fired power plants and the longer-term roll-out of at least
2023-06-09 19:18
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June
2023-06-09 18:53
OpenAI CEO encourages South Korea to supply chips in AI boom
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -ChatGPT-maker OpenAI's CEO Sam Altman, who met with South Korean President Yoon
2023-06-09 18:45
Rain to Bring Relief Sunday; NYC Improves: Smoky Air Latest
Relief is in sight. Heavy rainfall in parts of the eastern US on Sunday should help dissipate much
2023-06-09 18:24