Wave of $15bn US IPOs runs headlong into war’s new phase
Wall Street’s push to take at least a dozen companies public in the next few weeks comes as a US blockade of the Strait of Hormuz threatens to upend markets.
Bitcoin climbs to four-week high on hopes of US-Iran peace talks
Bitcoin climbed to $74 901, its highest since March 17, before paring gains to trade around $74 400 at 8:30 a.m. Tuesday in Singapore.
Ex-Lafarge ceo jailed six-years for Syria terrorist payments
Lafont was taken away by police officers and must start serving his prison term immediately. His lawyer said he’s appealing.
Shark nets spark furor at Club Med’s first South African resort
How bathers are protected from sharks is a contentious issue in South Africa.
China is said to relax curbs on some BHP iron ore cargoes
An apparent concession in a months-long commercial dispute.
Oil prices will soon converge to reflect crisis, IEA says
About 13m barrels a day of oil supply have been shuttered by the conflict and the near-closure of the Strait of Hormuz.
Quick profit-taking can shield portfolios in choppy markets
We take a look at the sharp 12.3% drop in local Reits and why restructuring should be embedded as an ongoing discipline within corporates rather than a crisis response.
Fragility and resilience
Despite repeated global shocks over the past six years, the global economy has remained robust and adaptable.
Levi’s is not the next Nike
An earlier thesis about its similar direct-to-consumer strategy may need to be reassessed in light of Nike’s experience.
Sars tightens its grip on tax penalties
Legislative amendment narrows the bona fide 'inadvertent error' defence route.