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South Africa’s state power company intensified rolling blackouts to a record, signalling a deepening crisis at the debt-ridden utility and raising the risk of a second recession in as many years.

World News

Facebook still has its friends on Wall Street. While some investors have voiced concern in recent months over the social media giant’s ability to withstand competition from rivals and continue to grow

Twitter was sued by a shareholder over claims it misled investors on key growth metrics, including user count and user engagement, almost two years after touting plans to top 500m users. The suit, filed on Friday in federal court

The frayed scrap of paper taped to the sidewalk outside Apple’s flagship store in San Francisco’s Union Square had a simple message: US$5 for photographs. The sight of Apple fans clamouring to get the latest phone was replaced on

Apple’s third-quarter rally is unwelcome news to the unusually large swath of investors who have been giving up on the stock. Shares of the iPhone maker have jumped 21% this quarter, trouncing the S&P 500 Index. At the same time, the number