Tencent is on track to close at its lowest point in five years as investor sentiment turned negative over China’s macro outlook.
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With that cheque for Twitter imminent, Musk could use all the optimism around Tesla he can muster.
The move is meant to make it easier for regulators to monitor the market and help to safeguard consumers.
Following the collapse of discussions between MTN and Telkom, Rain said it remains engaged with Telkom about a possible deal.
Three Eskom contractors and an Eskom employee have been arrested for alleged criminal activity at two of the utility’s power stations.
MTN Group has walked away from talks to acquire Telkom, sending the partially state-owned operator’s shares crashing.
Netflix reversed customer losses that had hammered its shares this year and projected more growth ahead, reassuring Wall Street in the process.
South Africa wants to spend billions of dollars fostering an electric vehicle industry, complicating efforts to finalise an $8.5-billion climate aid package.
The solution to environmental damage is to bring a halt to debt-fuelled consumption, not to point a finger of blame at bitcoin, writes Rob Price.
Eskom said it expects to reduce the intensity of load shedding by midnight, after which a mix of stage-2 and stage-3 cuts will be implemented.