Browsing: Goldman Sachs

World
Goldman Sachs may open bitcoin trading desk

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

World
US tech stocks take a pounding

A crack has finally formed in the foundation of the US bull market. Now investors must decide if any structural damage has been done. This year’s hottest stocks, companies from Facebook and Apple to Netflix and Nvidia, buckled

In-depth
Goldman Sachs warns over ANC turmoil

Divisions within the ANC are deepening and a potential downgrade of South Africa’s debt rating to junk isn’t fully priced in by markets, according to Goldman Sachs Group. The rand slumped as much as 4,3% against the dollar on

In-depth
Meet Jia Yueting, China’s Elon Musk

Jia Yueting has all the trappings of a successful Chinese tech entrepreneur with global ambitions. A self-made billionaire who got his start as the IT guy at his local tax bureau, Jia’s flagship Internet video company now sports a US$15bn market capitalisation

News
Salesforce.com was also pursuing LinkedIn

Salesforce.com was a rival potential bidder for LinkedIn in the process leading up to the professional networking website’s acquisition by Microsoft, according to people familiar with the matter. Salesforce was advised by Goldman Sachs in the

News
Jumia parent raises billions for growth

South African telecommunications group MTN, along with investment firm Rocket Internet and investment bank Goldman Sachs, have announced they are pumping €300m, or more than R5bn

News
Six groups bid for Cell C: report

Cell C parent Oger Telecom has received offers to buy its controlling 75% stake in the South African mobile telecommunications operator from six groups, it was reported on Wednesday. Business Day quoted Oger Telecom chief legal officer and

News
Cell C appetising at ‘right price’: Telkom

Telkom CEO Sipho Maseko has reportedly said that at the right price, the company would consider an offer to buy mobile network operator Cell C. This is according to Reuters, which quotes Maseko as saying that Cell C is an “interesting proposition”

News
Jobs axe to fall at Cell C

Cell C has begun a restructuring drive that could lead to the retrenchment of 47 employees, the mobile operator confirmed on Thursday. This followed a statement issued by trade union Solidarity