China approves Eli Lilly diabetes drug

Tirzepatide cleared for use, intensifying competition with Novo Nordisk in the biggest  Asian market

26 minutes ago
Research firm Imec calls on European chip industry to boost R&D

CEO Luc Van den Hove calls on industry to focus on its strengths rather than trying to create a cutting-edge manufacturer

41 minutes ago
Macy’s raises annual profit forecast

Closing underperforming stores and trimming jobs begins to pay off

1 hour ago
Xpeng sees higher deliveries as promotions boost EV demand

Chinese electric vehicle maker expects to hand over up to 37% more vehicles in second quarter

2 hours ago
Second global AI summit discusses how to keep AI in check

Samsung, Tencent, Google, Meta and OpenAI are among the 16 companies pledging to publish AI safety frameworks

3 hours ago
Britain to rein in Mastercard and Visa fees

A report commissioned by the government says the UK needs a ‘digital alternative’

4 hours ago
Dubai’s Alcazar Energy raises $490m for second fund

Private energy firm looks to build out utility scale projects in emerging markets

4 hours ago
Help shape the future of investing in Africa: take the Sanlam ESG Barometer survey now

SPONSORED | Listed companies in SA and Kenya are urged to participate in the research for the 2024 edition of this pioneering report

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Implats says R9bn BEE deal signals confidence in PGMs

The deal is part of the merger approval conditions for Implats’ buying Royal Bafokeng Platinum

Balwin’s Gauteng sales plunge, with Western Cape now cash cow

Full-year profits halved as high interest rates, inflationary increases and prolonged stages of load-shedding weighed on earnings

Top Anglo shareholder backs break-up plan as BHP deadline looms

Legal & General Investment Management supports the break-up plan

French, Russian and Chinese firms compete to build Ghana’s first nuclear power plant

The West African country’s deputy director for power says a decision on the winning contractor is expected by December

5 hours ago
Trailblazing solar PV installation to power 40% of Tronox’s SA mining operations

SPONSORED | Nedbank CIB leverages ecosystem expertise to play a vital role in financing the North West project

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MTN’s Bradwin Roper appointed chief of payments partnerships at Jumo

The executive had joined the telecom giant in 2023 and played a big role in the growth of the fintech division

Edward Snell & Co eyes African markets

The spirits firm is on a growth trajectory, aiming to tap into rest of the continent while bolstering its market share in SA

11 hours ago