Jay Y Lee, the de facto head of Samsung Group, has returned home after being questioned for the second time over influence-peddling allegations including bribery that led to the impeachment of
Author: Agency Staff
Apple shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1% to US$133,29 at the close Monday in
Bitcoin is showing signs of becoming a serious asset class. Last week’s price swings hardly back up that assertion. The cryptocurrency dropped 7,8% on Thursday after news that the People’s Bank of China threatened to shut exchanges
A South African bank has become the go-to funding source for the US rooftop solar industry just two years after entering the market. Investec arranged $880m in debt financing for rooftop solar developers and financiers in 2016. That’s
With his time as leader of the ANC running out, President Jacob Zuma is gambling that a raft of populist measures can bolster his grassroots support and ensure his political survival. “Radical economic transformation” was the theme of Zuma’s
A parade of up-and-coming musicians from Universal Music took the stage at the Ace Hotel in downtown Los Angeles in California on Saturday in a pre-Grammy Awards performance for a room
Wall Street is running out of bad Twitter one-liners: “Bye-bye birdie” was the headline on Susquehanna International’s recap of Twitter earnings. Twitter “can’t fly with broken wings”, UBS wrote. The stock analysts who track Twitter grabbed for their bird puns
Ford Motor Co is investing US$1bn in a months-old start-up founded by two pioneers in the nascent autonomous vehicle sector. The Pittsburgh-based artificial intelligence company Argo AI will develop the brains – specifically, a virtual
President Jacob Zuma said the dominance of the country’s four major banks must end and access to the economy for the black majority improved. “There’s a skewed kind of economic control,” Zuma said on Friday. “We actually frustrate our
Microsoft persuaded a judge not to let the US government out of a lawsuit alleging the company’s free-speech rights are violated by a law that blocks it from alerting users to the clandestine interception of