Altron shares up 8% as group flags at least 50% surge in earnings
Continuing operations expected to lift headline earnings to at least 231 cents.
Mounting crisis in SA’s hospitality sector looms
African CEOs confident, but wary of bold bets. Will global turmoil open the door for SA’s African opportunity? And can SA plug a R4bn healthcare gap in the NGO sector?
Aspen flags interim earnings slide but sticks to growth outlook
Weaker six-month performance is partly due to once-off restructuring costs related to manufacturing facilities in SA and France.
Tongaat on brink of collapse, again
A financing deal could still be negotiated even if the sugar-maker is placed into liquidation.
Cyclone leaves 31 dead as Madagascar intensifies relief efforts
Emergency operations were ongoing across four regions.
$600bn AI splurge could keep US growth humming
Maarten Ackerman, chief economist at Citadel, says surging AI investment is underpinning US growth and corporate earnings.
Trump rebuked over Canada tariffs as midterm anxieties grow
Republicans are fighting to maintain control of both the House and Senate this November.
China has bought some Venezuelan oil from the US, Wright says
The global oil market was jolted in January when US forces swooped into Venezuela, seized former President Nicolás Maduro, with Washington asserting control over the OPEC member’s crude industry.
Budweiser APAC profit growth down as China beer volumes weak
Net income was $489 million, missing the $602 million forecast by analysts.
AB InBev offsets beer slump with non-alcoholic, premium sales
Consumers worldwide are pulling back on their drinking following concerns over affordability and the negative health impacts of consuming alcohol.