If the US stock market is like a giant stone wall whose structural integrity depends entirely on the sturdiness of five tech megacaps, it didn’t act like it on Tuesday.
Author: Agency Staff
Dell Technologies has sold one of its cybersecurity units, RSA, for $2.1-billion, part of the computer maker’s efforts to streamline its business.
Consumer-price growth quickened to 4.5% from 4% in December, Statistics South Africa said on Wednesday. The median estimate of 19 economists was for 4.6%.
South Africa’s Energy War Room, a grouping of the main cabinet ministers responsible for the power industry, will meet for the first time this week since being reconstituted by President Cyril Ramaphosa in December.
For the second time in as many years, Apple has had to temper its sales outlook because of unexpected shifts in China, the country that’s served as the engine of its growth and success.
Apple doesn’t expect to meet its revenue guidance for the March quarter because of work slowdowns and lower smartphone demand, showing that the virus outbreak in China is taking a bigger-than-predicted toll.
Bill Gates paid Tesla a compliment for coaxing the car industry to go electric. If he was expecting kind words in return, he apparently shouldn’t have spoken about challenges that still lie ahead – or about his new Porsche.
While some generating units have returned to service, the possibility of load shedding for the rest of the week remains, said Eskom.
The UK said it will spend £1.2-billion – about R23.3-billion – on developing the most powerful weather and climate supercomputer in the world.
US secretary of defence Mark Esper warned that Beijing is moving further outside the international order and that allies using Chinese technology risk undermining Nato.