Pick n Pay CEO Richard Brasher to step down in April

Brasher had initially intended to depart in 2020, but delayed the move to assist during the Covid-19 pandemic

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WATCH: What the beer association thinks of the extended alcohol ban

Basa CEO Patricia Pillay talks to Business Day TV about the extension on the alcohol ban

Swift announces a new strategy for instant, frictionless payments and securities processing

SPONSORED | Enabling seamless transactions from one account to another with end-to-end transparency and predictability

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AB InBev suspends job and investment merger conditions due to alcohol ban

SAB says risk for the two conditions is caused directly by the alcohol ban, which it says is unconstitutional

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Craft brewers on brink of collapse amid new alcohol ban

Industry body says independent craft breweries are in desperate need of financial relief

Ogilvy pulls ad for healthy oil after its celebrity endorser has a heart attack

The rice-bran oil campaigns feature Sourav Ganguly, former captain of the Indian cricket team

Online sales help Next shares surge to five-year high amid pandemic

The British fashion retailer has upgraded its underlying profit guidance after a better-than-expected Christmas

After a very good 2020, Tesla goes even higher in first trading session of 2021

The electric carmaker’s stock’s meteoric rise was supported by five straight quarters of profit

PSA and Fiat Chrysler merger finally gets shareholder approval

After two years of drama the $52bn merger will form Stellantis, the world’s fourth-largest carmaker

Alibaba’s $10bn buyback plan fails to halt stock slide

Outcome of antitrust probe into Jack Ma’s business empire by Chinese regulators worries investors

Grand Parade’s Burger King disposal hits another snag

GPI is urgently negotiating the sale of Burger King SA after Covid-19 devalued it by about R100m

Spur finally gets some shareholder approval of pay policy

One of the two votes in favour of its remuneration policy passed with 77.36% of the vote, after both failed in 2018 and 2019

Black Friday turned into Black November for retailers

Neither price cuts nor promotions could stop 38% slump compared to November 2019

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US government sues Walmart for alleged role in driving opioid crisis

The company already faces more than 2,000 suits for allegedly turning a blind eye to suspicious prescribing of painkillers

Woolworths improves its Australian debt with building sale

Woolworths, owner of Australian clothing chain David Jones, has sold its flagship Sydney store for a maximum of R5.6bn

Tesla takes a dip on first day of trading on S&P 500

Electric vehicle pioneer’s shares fall 6.3% in premarket trading

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.