Sonos top brass to forgo bonuses after app release ‘failure’

Speaker-maker admits it released an updated app too soon, leaving users unable to perform basic functions

Boeing could raise $10bn via share sales, Bloomberg reports

Debt-laden aircraft company is under pressure after mishaps and a strike

Nampak completes refinancing within deadline

The packaging supplier has been battling to claw its way out of a mammoth R5bn debt hole it fell into during its ill-fated Africa expansion

Stellantis alert sparks $10bn rout in European car stocks

Warnings by Volkswagen and Aston also rekindle concerns over the sector’s earnings outlook amid Chinese competition

York Timber back in the black

The main contribution to the profit was an 11% increase in the biological asset value to R2.825bn

Barloworld seeks to head off harsh US penalties over goods for Russia

Industrial major has about six months to finalise  investigation and submit full report to Washington

Bidvest changes up gears at its laggard automotive unit

Number of brand points increased and strategic reset is under way in the restructured division

Q&A: The more ships we build, the more we can build

Focus on localisation is key to growing the SA shipbuilding industry

WATCH: High net interest costs hammer Metair

Business Day TV speaks Metair CEO Paul O’Flaherty

Third time’s a charm for Metair

CEO upbeat about group effort to sell its Turkish company

Challenging trading environment weighs on Barloworld’s earnings

Barloworld Mongolia was a highlight for the group, with 61% revenue growth and a strong order book

China’s Leapmotor and Stellantis open orders in Europe for budget EVs

Stellantis has exclusive rights to build, export and sell Leapmotor products outside China