Naspers’s conglomerate discount is widening. Its one-third stake in Tencent Holdings alone is now worth 27% more than the South African Internet company’s entire market cap. After a 70% increase in its stock so far this year
Author: Agency Staff
For Intel CEO Brian Krzanich, the last straw was US President Donald Trump’s attack on Merck & Co CEO Ken Frazier. Krzanich has paid a price internally for maintaining a relationship with the Trump administration. He planned
Space-like adjectives are often used to describe bitcoin’s stratospheric price rise. Now there may be some truth in those analogies. Blockstream plans to make the digital ledger underpinning the cryptocurrency accessible via satellite
The Gupta family, whose accounts are being closed down by the Bank of Baroda’s South African unit, have told the Indian lender that they’ve found another company willing to offer them banking services, according to
Bill Gates has made his largest gift since the turn of the century, giving away Microsoft shares that accounted for 5% of his fortune, the world’s biggest. The billionaire donated 64m of the software maker’s shares valued at $4.6bn
Johannesburg’s new mayor, Herman Mashaba, said that international aid agencies must help to care for undocumented foreigners that he plans to evict from inner city buildings in a bid to attract private investment to rebuild
Alibaba and Tencent can count themselves among the world’s costliest technology companies after a stellar run. To justify those lofty valuations, China’s two largest corporations have to deliver on some of the riskiest bets they’ve
Rovio Entertainment is planning an initial public offering as early as next month that could value the maker of the…
Bitcoin soared past $4 000 for the first time on growing optimism faster transaction times will hasten the spread of the cryptocurrency. The largest digital tender jumped to a peak of $4 125.17 on Monday,
President Jacob Zuma has indicated that ruling party lawmakers who backed an opposition attempt to oust him should face disciplinary action and said he may consider firing his higher education