The stock market’s latest plunge pulled global equities into a bear market with traders taking fright at the potential economic damage of the coronavirus.
Author: Agency Staff
Bitcoin slumped through $6 000 on Thursday, leading a rout of cryptocurrencies amid a wider global risk asset sell-off over the intensifying coronavirus crisis.
When Google published revenue from its cloud business for the first time last month, a feeling of bitter vindication swept through IBM.
Many members of the Libra Association – a Facebook-led effort to create a global cryptocurrency – are now also backing a rival effort.
South African business sentiment plunged to the lowest level in more than two decades in the first quarter and could weaken even further as the coronavirus hits the domestic and global economy.
Boris Johnson has survived the first Conservative rebellion of the new UK parliament over the involvement of Chinese telecommunications firm Huawei in Britain’s 5G networks.
The Electronic Entertainment Expo, a massive videogame conference that had been scheduled to take over the Los Angeles Convention Centre in June, was cancelled due to coronavirus concerns.
South African regulators are stepping up efforts to break the oligopoly of the country’s top auditing firms after accounting scandals involving two of the Big Four failed to do the job for them.
A plan proposed by South Africa’s biggest labour group to get pension funds and state lenders to refinance part of the state power utility’s gargantuan debt faces hurdles that may be impossible to overcome.
The maker of TikTok is preparing to roll out a Google-like suite of office collaboration tools as soon as this month, according to people familiar with the plans, as it works to expand beyond short video sharing.