On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
Chinese companies are the big winners in brand values ranking
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
Elon’s aha moment
Tesla overcame severe supply chain problems in the latest quarter, boosting its profit margins and pushing its revenue above Wall Street expectations. Revenue reached just less than $12bn, up 97% from a year before. The company’s all-important gross profit margin from automotive operations reached 28.4%.
But Elon Musk, whose relationship with Wall Street has often been frayed, used the upbeat moment to disclose that he would no longer take part in most Tesla earnings calls.
Beijing batters tech
Chinese tech stocks plunged this week as investor fears mounted over a broadening regulatory crackdown, with Tencent shares falling the most in a decade after the internet group halted registrations on its flagship app. Last week, a leaked memo tipped a sweeping overhaul of China’s $100bn private education industry, threatening to wipe out billions of dollars of investment. The decline in shares is the steepest since 2008.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.