Some of South Africa’s largest companies were forced to halt operations as violence erupted in parts of the country, with rioters torching trucks and looting stores.
Author: Agency Staff
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South Africa will deploy soldiers to quell violence that erupted in the wake of former president Jacob Zuma’s jailing, the military said on Monday, after days of riots and looting left at least six people dead.
The World Bank has warned that here is a risk that most of the potential economically active population could be left behind, with the pandemic permanently impairing the country’s long-term prospects.
China’s antitrust regulator is set to order Tencent to give up exclusive rights to music labels that it’s used to compete with smaller rivals, two people with knowledge of the matter said.
Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the factors depressing activity.
Microsoft has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks, sources said.
Amazon.com said its online stores had returned to normal services after a global outage disrupted shopping on its country sites.
President Cyril Ramaphosa extended bans on alcohol sales and most public gatherings for two weeks as the government struggles to bring a third wave of coronavirus infections under control.
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