South African business confidence improved in the fourth quarter for the first time in almost two years, yet the economy remains stuck in a downward phase.
Author: Agency Staff
Dell Technologies lowered its annual revenue forecast after component shortages from supplier Intel blunted growth prospects despite buoyant corporate demand for new PCs.
Xerox has said it plans to go directly to HP shareholders to present its case for a tie-up, in its latest push for a combination that is also backed by Carl Icahn.
President Cyril Ramaphosa has reiterated that government’s attempts to reconfigure and split Eskom into three divisions is not aimed at privatising the embattled power utility.
Google fired four employees for what it said were violations of its data security policies, escalating tension between management and activist workers at a company once revered for its open corporate culture.
Dell Technologies is exploring a sale of RSA Security, a cybersecurity business it hopes could fetch at least US$1-billion, including debt, according to people familiar with the matter.
Uber Technologies’ biggest market in Europe is at risk after regulators revoked the ride-hailing service’s licence to operate in London for the second time in less than three years.
Johann Rupert, the billionaire who controls luxury goods giant Richemont, is considering selling stakes in two South African fibre networks valued at as much as R22-billion, people with knowledge of the matter said.
Uber Technologies has lost its licence in London for the second time in less than three years, putting one of its biggest markets outside of the US at risk.
Electricity generated from coal-fired plants is set to fall by a record 3% this year, raising chances for slowing global carbon dioxide emissions growth, according to a report released by Carbon Brief.