Saudi Basic Industries posts 62% slump in quarterly profit

CEO points to a drop in prices and lower-than-expected results from joint ventures

2 hours ago
Cruise operator Viking shares rise in New York debut

Stellar debut values TPG-backed liner at $11bn

2 hours ago
WATCH: Assessing SA’s draft gas master plan

Business Day TV talks to Jaco Human, executive director of the Industrial Gas Users Association of Southern Africa

Anthropic targets business with chatbot app

San Francisco-based firm, backed by Alphabet and Amazon.com, releases Claude 3 for iPhones

6 hours ago
Standard Bank sees a surge in customers opting to transact online

SPONSORED | Beyond convenience, the extra tools and services on offer are fuelling digital banking's popularity

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Investors eyeing European and emerging market assets

Worries of further turbulence in US stocks and bonds could see a shift from Wall Street

10 hours ago
Musk disbands Tesla EV charging team

Decision leaves other carmakers and Tesla suppliers in the dark

10 hours ago
Cloud infrastructure market shows growth

AI investment pays off for top techs, but cloud computing also shows stronger-than-expected sales

10 hours ago
Help shape the future of investing in Africa: take the Sanlam ESG Barometer survey now

SPONSORED | Listed companies in SA and Kenya are urged to participate in the research for the 2024 edition of this pioneering report

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WeBuyCars expects first-half core headline earnings to rise as much as 29%

The company said it experienced higher volumes, higher average selling prices, improved margins, and cost efficiencies in the period

Gold Fields appoints Alex Dall as interim CFO

His appointment follows the forthcoming retirement of current CFO Paul Schmidt

WATCH: Digging into first-quarter gold trends

Business Day TV spoke to chief market strategist for the World Gold Council, John Reade

Trailblazing solar PV installation to power 40% of Tronox’s SA mining operations

SPONSORED | Nedbank CIB leverages ecosystem expertise to play a vital role in financing the North West project

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Anglo ‘may need to break up regardless of BHP offer’

Approach, though spurned for now, only adds to pressing need for restructuring, analysts say

updated 1 hour ago
Muted M&A activity expected in 2024

Inflation and interest rates blamed for slowdown, but energy and logistics issues also an issue