Gold falls after oil rebounds on lack of US-Iran deal progress
Spot gold fell 1% to $3 906.21 an ounce as of 11:02 a.m. in London.
SA begins JET skills zone rollout
ANC support slides as Ipsos poll points to coalition battles in key metros. Gambling industry challenges Treasury’s 20% tax proposal.
Growthpoint extends green power to Standard Bank branches
Growthpoint Properties provides malls with renewable power from onsite solar panels and wheeling from independent power producers.
Lula victory adds to Brazil farm angst
As defaults hit record.
The battle for AI dominance: open-weight versus closed-weight models
‘The old story of delivering 95% of the quality for 5% of the price is a very hard one to beat. And that is what the Chinese models are essentially banking on’ – Dr Michael Power.
Democrats lose bid to halt DOJ effort over ‘non-citizen’ ballots
A significant win for federal officials less than 24 hours before the midterm elections.
Copper, tin fall with base metals on renewed AI stocks selloff
Copper fell 1.2% to $14 180 a ton as of 10:50 a.m. in Shanghai, while tin declined 2.2% to $48 550 a ton.
Oil steadies after tumbling 8% on optimism over US-Iran talks
Brent for January settlement was little changed at $104.77 a barrel at 12:00 p.m. in Singapore after tumbling 7.6% on Monday
Altron earnings quality continues to improve
Analysis of Altron’s strong results as recurring income grows, and where the real value in AI will emerge as the race for dominance intensifies.
GoTyme targets South Africa’s top retail-banking spot by 2036
It became Africa’s first profitable standalone digital bank this year and has 13m clients, making it the nation’s second biggest by that metric. It’s targeting 30 million by 2036.