Thungela weighs opportunities to invest in more coal mines
As it anticipates strong demand for the type of fuel it produces.
Israel strikes Lebanon as US prepares fresh Iran sanctions
Middle Eastern producers continue to shuttle large volumes of crude out of the Persian Gulf, helping contain global prices and inflation concerns.
Rising share issuances shrink US equity market expectations
Sahil Mahtani from the Ninety One Investment Institute looks at US returns as mega IPOs and reduced buybacks expand the investment pool.
Alibaba to sell gaming arm for $1.5bn
In boost to AI pivot.
Bitcoin ETFs see largest outflow in six weeks as token stagnates
Reversing a strong start to August.
Goldman says markets too hawkish on betting Fed will hike rates
A rate increase at the central bank’s September meeting has become 'very unlikely' due to softer retail sales data, disappointing employment numbers and slowing inflation prints.
Alibaba, Baidu, Kuaishou address mounting AI costs as competition intensifies
Alibaba may strengthen its frontrunner position with Qwen3.8-Max, its biggest ever AI model that claims capabilities on par with US rivals.
Eskom unbundling stalls as board digs in over lender complexity
Mavuso says the utility's board is weaponising 'complexity' to resist reforms despite lenders remaining open to talks.
Spar chair and deputy resign with immediate effect
Lwazi Koyana takes over as interim chair as the retailer launches a formal search for new board members.
Dollar weakens as traders pare Fed rate-hike bets: Markets wrap
Bitcoin rose 0.8% to $63 524.06.