UK aerospace supplier Melrose raises profit outlook

The owner of GKN Aerospace has recovered strongly from the pandemic lows

Toyota boosts profit forecast after third quarter beats projections

The improved outlook from the world’s best-selling automaker contrasts with a downbeat outlook from many rivals

Standard Chartered hails SA’s automotive sector

British multinational bank tells rest of continent to look to SA to build industrialisation with export-driven policies

Motsepe’s ARC ups investment in freight industry as Transnet falters

Online freight platform Linebooker attracts clients such as Coca-Cola, Sasol and ArcelorMittal

Chevron Australia LNG plants continue to export despite strikes

Workers at Gorgon and Wheatstone, responsible for over 5% of global supply, on Thursday escalated their limited strikes

WATCH: Transnet sues Sasol and TotalEnergies

Business Day TV spoke to Business Day’s Kabelo Khumalo

Motor industry at wits’ end with state’s lack of voomah on EVs

Load-shedding and SA ports and railways chaos are talking points in boardrooms of multinational parent companies

Mercedes amps up renewable energy switch with Iberdrola wind deal

Carmaker aiming for 70% of energy demand from vehicle production to be covered by renewable sources by 2030

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Adani suspends work on petrochemical project amid investor scrutiny

Vendors and suppliers ask to delay all activities for Mundra green site

Adani Enterprises abandons $2.5bn share sale

Dramatic reversal by Indian group is due to ‘unprecedented situation’ and market volatility after short-seller’s criticisms wiped billions off its  value

India’s Adani says $2.5bn share sale on track even as bankers mull changes

Group says its stakeholders including bankers and investors have full faith in the follow-on public offer and it is confident the issue will succeed

Yellen lauds Ford’s 100-year history in SA, flags more investments

US treasury secretary is on the third leg of her trip across Africa aimed at expanding US economic ties and countering China’s influence

Maputo port picks up the slack for Grindrod

Logistics group reports record volumes through Mozambique, while Transnet falls behind

Toyota plans to build 10.6-million vehicles in 2023

The car giant said that it saw a downside risk of about 10% on that baseline production volume on risks such as shortages in chips supply or the spread of ...

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