Bitcoin entered uncharted territory on Wednesday after breaching $10 000 for the first time, leaving investors to wonder how long the rally will go – and whether it will end in tears. The digital currency climbed as much as
Author: Agency Staff
An acrimonious battle for control of the ANC has paralysed several government departments, as ruling party leaders focus on electioneering and officials delay taking decisions until they learn who their new political masters will
As many as 800m workers worldwide may lose their jobs to robots and automation by 2030, equivalent to more than a fifth of today’s global labour force. That’s according to a new report covering 46 nations and more than
Bitcoin surpassed $10 000 for the first time, taking this year’s price surge to more than 10-fold even as warnings multiply that the largest digital currency is an asset bubble. The euphoria is bringing to the mainstream what was once considered
Toyota, which has made a big bet on hydrogen-powered cars, is looking more isolated as industry rivals double down on plug-in electric vehicles as the dominant technology in the emerging post-fossil fuel era. Three years ago, Toyota
Three of Africa’s largest telecommunications towers companies plan to pursue share sales in either London or New York early next year, taking advantage of high industry valuations to fund expansion, according to people familiar
Tencent’s rise into a $500bn company was fuelled by a culture of internal competition, where teams raced against each other to make ideas work. To become an advertising powerhouse like Facebook, the internal barriers are starting to
Bitcoin is showing no signs of slowing down, blowing past $9 000 less than a week after topping $8 000 and now quickly closing in on five big figures. The price of the largest cryptocurrency by market value is soaring as it gains greater
Should central banks embrace cryptocurrencies, or even pioneer their own? In a nutshell, no. Crypto assets are an unusual innovation, still in flux and often poorly understood. Trying to centralise them in a bureaucracy is exactly
Jeff Bezos is the world’s newest US$100bn mogul. The Amazon.com founder’s fortune is up $2.4bn to $100.3bn (R1.4 trillion at the time of writing), as the online retailer’s shares jumped more than 2% on optimism for Black