Pictet Group, the Swiss wealth manager, is cautioning against crypto investments amid the recent industry turmoil.
Investors are debating whether the rebound in US stocks will stick, but corporate America is taking no chances and turning to a favorite old method for juicing the market: Buying back billions of dollars of their own stock.
BMW AG says new vehicle orders are retreating from high levels as inflation and higher interest rates hit consumers, making the company the first among major carmakers to turn more cautious.
Airbnb Inc shares slid after the company missed estimates on bookings, highlighting investors’ and analysts’ high expectations for companies in the travel sector after a long Covid slump.
Massmart Holdings fell the most in more than two months in Johannesburg after the Walmart-owned South African retailer said its first-half loss widened.
Sasol, South Africa’s biggest fuel producer, restarted the Natref refinery it owns with TotalEnergies SE after delayed oil deliveries last month resulted in a shutdown.
South Africa’s state-owned port and rail company Transnet is gauging interest from developers to rejuvenate a half-century-old building that is also one of Africa’s tallest.
After two quarters of contracting gross domestic product in the US, a debate has raged across Wall Street and Washington about when the country will be in a recession — and whether we're already in one.
Passengers flying with Virgin Australia and Dutch carrier KLM are suffering some of the biggest disruptions to travel as the understaffed aviation industry struggles to cope with a resurgence in demand, schedules show.
South African Finance Minister Enoch Godongwana said the central bank’s constitutional mandate to maintain price stability is sufficient to foster job creation, suggesting there’s no need for that directive to be expanded.
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