Amid robust demand for emerging market equities, there’s one place global investors are avoiding: Africa’s biggest stock market. With almost a full quarter to go, outflows from South Africa’s stock exchange have already reached
Author: Agency Staff
Bitcoin traders can breathe a sigh of relief. If JPMorgan Chase & Co’s CEO Jamie Dimon fires them for trading the cybercurrency, Goldman Sachs Group could welcome them with open arms. Goldman is reportedly
Facebook outlined plans to strengthen its advertisement systems and disclosed that about 10m people saw ads linked to Russian efforts to influence the 2016 US presidential election. The social media giant said
Here are two facts that defy logic: by the end of the year, electric car maker Tesla will have burned through more than US$10bn without ever having made 10c. Yet companies around the world are lining up to compete
“He awoke – and wanted Mars.” That’s the first line of Philip K Dick’s classic novella, We Can Remember It for You Wholesale, the inspiration for the Total Recall films. I first came across the story in a sci-fi anthology back in high school
A few years ago, Google regularly traded barbs with major news publishers in public. Today, Google is rewiring its search engine to appease them. The company is scrapping a contentious search result rule for subscription news sites and
Entrepreneur Elon Musk, who envisions a human colony on Mars, is planning to create a new, much larger rocket ship code named “BFR” capable of travelling anywhere on Earth in under an hour. If the concept
Tesla, a perennial target of short sellers, is “structurally unprofitable” with a “way too leveraged” capital structure, said famed investor Jim Chanos. “Three years ago, this company was supposed to be making money now,” Chanos
Roku’s trading debut has catapulted it among the biggest gainers for newly listed technology and communications stocks as investors bet on the success of streaming video. The shares closed at a high on its first day of trading
In case it wasn’t obvious before Wednesday, Amazon.com has leapfrogged the smartphone to go after the next era of computing. The company never could have done this if it hadn’t been steamrolled in smartphones first. The way