Brad Pitt, Steve Jobs' widow, and Britain's fallen star investor reportedly backed a startup betting on 'cold fusion' — an idea scientists scoff at

2019-06-14 15:23

The son of Industrial Heat's founder was the head of Pitt's charity, while Laurene Powell Jobs' brother is a company director.

Oil is surging after a suspected torpedo attack on 2 tankers in the Gulf of Oman

2019-06-13 13:35

Oil prices jumped at least 3% as traders feared Middle-Eastern tensions could reduce crude supplies.

The world's biggest shipping company warns Trump's China tariffs are hammering global trade

2019-05-25 09:35

Growth in global container trade more than halved to 1.7% in the first quarter. Maersk warned trade-war tariffs could slow it further.

Rand, JSE under pressure as investors worry about Huawei reports

2019-05-23 13:55

Reports that Panasonic, Arm, and others cut ties with Huawei are fanning fears of a lengthy trade war.

Rand strengthens despite global trade jitters

2019-05-15 11:29

European equities and US futures fell on Wednesday after renewed potential for a trade deal and Chinese government stimulus lifted Asian stocks.

Trump's shock tariff threat triggered market carnage, with the JSE and rand also taking a hit

2019-05-06 16:58

An escalating the US-China trade war leads to a 'risk off frenzy' in global markets

Bitcoin plunged after a major crypto exchange was accused of using client money to hide R12 billion of missing cash

2019-04-26 13:47

Bitfinex drained $700 million from Tether's reserves to hide the fact it lost access to $850 million, says a lawsuit by the New York Attorney General.

Europe's biggest new listing this year has started trading —Italy's Nexi is a rare bright spot amid a regional slump

2019-04-17 13:34

It's a rare positive sign for European listings, after Brexit worries and a market rough patch led to many IPO plans shelved or scrapped altogether.

Insolvent SAMWU may approach law enforcement agencies to recover funds

2019-04-10 16:09

The newly elected executive of the South African Municipal Workers Union has been given 90 days to investigate the cause of the union's insolvency and provide recommendations.

Newmont Mining rejects Barrick Gold's R250 billion hostile-takeover bid

2019-03-04 18:14

Newmont Mining rejected Barrick Gold's hostile takeover bid on Monday. The merger of the two would have created the world's largest gold miner.


Hong Kong's extradition bill could plunge it into the US-China trade war

2019-06-13 13:54

If the law is passed, the US could remove Hong Kong's special commercial status, potentially exposing it to tariffs on Chinese goods.

Oil giants are pivoting to plastic, which could backfire amid a growing crackdown

2019-06-06 16:17

Oil producers such as Saudi Aramco are betting on plastics and chemicals during a backlash against plastic waste.

China just tested its 'nuclear option' in the trade war

2019-05-23 19:40

China's 'nuclear option' in the trade war is dumping US Treasurys. It just sold $20 billion of them, its largest offloading in more than two years.

Trump may reportedly blacklist Chinese surveillance giant Hikvision, showing the trade war is shifting from sweeping tariffs to direct attacks on companies

2019-05-22 14:53

Reports that Trump may ban exports to Hikvision, on the heels of the Huawei drama, highlight the trade war is evolving — and traders are jittery.

Stocks are rallying on hopes of a US-China trade deal after Trump received a 'beautiful letter' from China's president

2019-05-10 12:57

Asian and European stocks rebounded on Friday after Trump received a "beautiful letter" from China's president and called for cooperation on a trade deal.

Uber drivers may each get up to R570,000 as the company celebrates its Wall Street listing

2019-04-26 17:25

Uber plans to pay out the money to more than 1.1 million drivers around the world.

Suzuki is recalling 2 million cars in Japan after cheating on safety tests

2019-04-18 15:21

Japan's third-largest car company expects the recall to cost it R9.9 billion

This century's best-performing US stock sells energy drinks, not iPhones

2019-04-17 12:08

Monster Beverage shares have surged 60,000% since 2003, besting Apple and Amazon.

Experts finally tracked down the digital wallets of the crypto CEO who died with sole access to millions. They say the money's gone

2019-03-07 17:44

Quadriga's CEO died with the passwords to $137 million (R1,9 billion) in customers' cryptocurrency holdings. But the money's disappeared.

These 3 people have cracked the code to making major profits while working fewer hours per week. Here's how they did it.

2019-02-25 12:51

These individuals have been able to profit by working less than 40 hours per week and some have even retired early. Here's how they made their money.

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