South Africa’s main share index jumped 2.1% as of 10.07am in Johannesburg, setting a fresh intraday record, as Naspers was lifted by a surge in partly owned Chinese online giant Tencent.
Author: Agency Staff
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Hong Kong’s equity traders can’t get enough of Tencent Holdings, the $926-billion giant that’s on pace for its biggest ever monthly gain.
Google parent Alphabet is shutting down its Internet balloon business, Loon, which aimed to provide a less expensive alternative to cellphone towers, saying on Thursday that it was not commercially viable.
In the waning days of Donald Trump’s presidency, Jeremy Grantham warned that US stocks were in an epic bubble. He now predicts Joe Biden’s economic recovery plan will propel them to perilous new heights, followed by an inevitable crash.
Intel’s surprise resolve to stick with chip manufacturing is a move that ought to bring a sigh of relief to leading foundry Taiwan Semiconductor Manufacturing Co.
Uganda will maintain its shutdown of Facebook, Twitter and other social media platforms until the government deems they’re safe from being used to inflame tensions, a report said.
Intel gave an upbeat forecast for the current quarter on continued demand for PCs that enable working and studying from home. The stock jumped.
Tesla chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a US$100-million prize for development of the “best” technology to capture carbon dioxide emissions.