South African Airways on Friday exited business rescue after 17 months. SAA was placed under administration in December 2019, and its longstanding financial woes worsened during the Covid-19 pandemic.
Author: Agency Staff
DNG Energy, a South African gas company, has sued to halt the government’s award of emergency power supply contracts, alleging that the process was tainted by corruption.
Apple is set for another showdown with the European Union’s antitrust chief as she escalates an antitrust probe over its App Store.
Twitter has given a disappointing revenue forecast, a sign the social media service hasn’t fully capitalised on the digital advertising boom amid the pandemic.
The global chip shortage is going from bad to worse with car makers on three continents joining tech giants Apple and Samsung Electronics in flagging production cuts and lost revenue from the crisis.
Twitter temporarily suspended an Oracle executive from posting after he used the social network to publicise the e-mail address and Signal phone number of a journalist whose reporting he found objectionable.
The problem with posting blowout numbers is that it raises the obvious follow-up question: Can you top this? For Apple and Facebook, the answer may be no, or not anytime soon.
Samsung Electronics has snatched back the crown from Apple as the world’s biggest smartphone producer, accounting for a fifth of overall global sales in the first quarter, market research firm Canalys said.
Apple on Wednesday posted sales and profits ahead of Wall Street expectations, fuelled by 5G iPhone upgrades but warned a global chip shortage could dent iPads and Mac sales.
Huawei is in talks to take control of a Chinese car maker’s electric vehicle unit, two people said, in what is seen as a strategic shift for the world’s largest telecommunications equipment maker.