Netstar, a subsidiary of JSE-listed Altron, said on Monday that it has signed a joint venture deal with C Ahead Technology to offer insurance and fleet telematics in India.
Browsing: Investment
Paul Allen’s family office will live long and prosper. The billionaire’s vast holdings at Vulcan would take years to unravel, if that’s even what he wanted.
IBM shares dropped the most in four years on Wednesday after the company missed analysts’ quarterly revenue estimates, ending a short-lived streak of sales gains and casting doubt on its strategy.
Newly appointed EOH Holdings CEO Stephen van Coller is snapping up the JSE-listed IT services group’s shares, a regulatory filing on Monday shows.
Is it time to catch the global stock market’s biggest falling knife? For watchers of Tencent Holdings, whose largest shareholder is South Africa’s Naspers, it’s an increasingly pressing question.
Even for the world’s worst performing stock markets, Thursday’s losses were extreme. China’s benchmark equity gauge closed 5.2% lower, the biggest loss since February 2016, as a global selloff spread.
Investors enamoured of tech stocks that suddenly seem only to fall are searching for answers. The simplest may be that the group just isn’t that special anymore.
One hundred and forty-three days. That’s how much time Elon Musk has till the big bills start coming due in the debt market.
Naspers, whose share price has fallen in tandem with affiliate Tencent, in which it holds a 31.2% stake, offers “significant value at these levels”, Ashburton Investments said on Wednesday.
More bad news for Tencent: the Chinese Internet giant has lost its spot as one of the world’s 10 biggest companies.