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
US companies face less pressure for climate and social reforms
By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly
2023-06-09 19:29
German media group Axel Springer eyes AI acquisitions
BERLIN German media giant Axel Springer will establish a dedicated mergers-and-acquisitions team to look at firms specialising in
2023-06-09 17:48
Weak European Industry Is Keeping Gas Demand Depressed
Industrial demand for gas in Europe’s largest nations remains depressed despite lower prices, as an economic slowdown weighs
2023-06-09 13:52
The Struggle to Electrify One of the World’s Dirtiest Industries
When construction workers arrived to begin transforming Oslo’s Olav Vs gate into a pedestrian promenade, locals rolled their
2023-06-09 12:26
China’s BYD Launches Fang Cheng Bao ‘Formula Leopard’ Range
BYD Co. unveiled a new vehicle range called Fang Cheng Bao, expanding its lineup in the higher end
2023-06-09 10:47
Plan for One of World’s Biggest Coal Mines Challenged in India
Coal India Ltd. is holding talks with residents opposed to a mine expansion that would create one of
2023-06-09 08:15
Asian Stocks to Rise as S&P 500 Enters Bull Market: Markets Wrap
Stocks in Asia are poised to open higher after a rally in technology stocks pushed the S&P 500’s
2023-06-09 06:51
GM to invest more than $500 million in Texas plant for future SUVs
By David Shepardson (Reuters) -General Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly
2023-06-09 04:53
New World Bank chief to kick off global tour with Peru, Jamaica stops
By David Lawder WASHINGTON The World Bank Group's new president, Ajay Banga, will visit Peru and Jamaica next
2023-06-09 02:22
'Labor hoarding' is gaining steam as businesses brace for a recession
US companies wary about their economic prospects are battening down the hatches.
2023-06-09 01:27