Fin24.com | Uber faces proposed ‘IPO tax’ in its hometown (Apr 25, 2019 12:15)
Uber’s initial public offering will mean a massive payoff for many employees. In the company’s hometown of San Francisco, it will also deepen fears that a wave of technology IPOs threatens to displace other residents who are being left behind.
Fin24.com | Everything is A-ok at SA government's largest pension fund, says head (Apr 25, 2019 11:59)
The head of South Africa's largest state pension fund, Abel Sithole, has said the fund remains financially sound and employers would not need to increase contributions, despite concerns raised by Alexander Forbes Financial Services in a valuation.
Fin24.com | Markets LIVE: Rand down 0.7% against dollar (Apr 25, 2019 10:54)
The rand was again trading weaker against the dollar in the early hours of Thursday afternoon, compounding its losses from Wednesday.
Fin24.com | Brent crude oil rises to $75 on Iran risk, Russia supply outage (Apr 25, 2019 10:44)
Brent crude reached $75 a barrel for the first time since October as the US decision to remove Iran sanctions waivers combined with a drop in Russian flows to fuel supply fears.
Fin24.com | WATCH: Carlos Ghosn set to walk free after posting second bail (Apr 25, 2019 09:57)
Former Nissan chairperson Carlos Ghosn is set to walk out of a Japanese detention centre for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court.
Fin24.com | Facebook shares surge on sales growth, optimism for settlement (Apr 25, 2019 09:21)
The social-media company's shares surged after it posted robust quarterly sales growth, and signalled it may be close to resolving a US privacy investigation.
Fin24.com | Markets LIVE: Global stocks mixed as earnings roll in (Apr 25, 2019 08:43)
European shares slipped and US equity benchmarks treaded water as investors parsed a slew of earnings against a backdrop of global growth concerns.
Fin24.com | Royal Bank of Scotland says CEO resigns (Apr 25, 2019 08:18)
Britain's bailed-out Royal Bank of Scotland says that chief executive Ross McEwan has resigned after steering it to a "stronger" financial position over the last five years.
Fin24.com | European stocks slip at open (Apr 25, 2019 07:29)
European stock markets have edged downwards in opening trade, with London's benchmark FTSE 100 index 0.2% lower at 7 457.21 points.
Fin24.com | Tesla says China output may hit 2 000 a week this year (Apr 25, 2019 07:24)
Elon Musk says Tesla ’s production in China, the world’s largest electric-car market, could reach a rate of 2 000 vehicles a week by the end of the year.
Fin24.com | Markets LIVE: Asia stocks mixed, dollar reaches four-month high (Apr 25, 2019 06:53)
Asian shares traded mixed on Thursday, after continuing signs of weak economies across the globe.
Fin24.com | SA data prices high, anti-poor and lack transparency, Competition Commission finds (Apr 24, 2019 19:57)
SA's mobile data prices are much higher than many other countries across the globe and the rest of Africa, and MTN and Vodacom charge domestic consumers much more than they do in other countries, the Competition Commission has found.
Fin24.com | Netflix said to boost junk bond offering as investors pile in (Apr 24, 2019 19:32)
Investors took heed of Netflix’s advice to get in on the company’s bond offerings while they can, allowing the company to increase the size of the sale to $2.24bn.
Fin24.com | Tough out there, but PSG ready for SA recovery - CEO (Apr 24, 2019 17:59)
PSG Group CEO Piet Mouton tells Fin24 the JSE-listed investment holding company has managed to achieve "pleasing results amidst challenging conditions".
Fin24.com | Mining contractor serves 274 employees with notices of dismissal at Wescoal mine (Apr 24, 2019 16:39)
JSE-listed mining group Wescoal says that 274 contract employees at one of its subsidiaries have been served with notices of dismissal following what it described as "work stoppages, strike actions and riots".