Nike has been focusing on direct-to-consumer sales, which has led to a breakup with some of its retail partners.
Author: Staff Writer
Illumina CEO Francis deSouza has resigned, following pressure from activist investor Carl Icahn.
Hong Kong-based private equity firm PAG is investing up to $200 million in Indian drugmaker RK Pharma, which has a focus on complex injectables.
Public Enterprises Minister Pravin Gordhan revealed that the government had provided R233.6-billion in bailouts for SOEs over the last five years and only received R1-million in dividends.
The Council for Geoscience (CGS) is investigating the cause of an earthquake in Gauteng on Sunday.
Eskom’s energy availability factor (EAF) increased by seven percentage points to 60%, a level last seen in September 2022, resulting in much lower stages of load shedding or no load shedding at all on some days.
Standard Chartered Plc has agreed to sell its Zimbabwe business to FBC Holdings Ltd. as part of its plan to exit seven markets in Africa and the Middle East.
Rology, the leading teleradiology company in the Middle East & Africa, has acquired Arkan United, a teleradiology provider based in Jeddah, Saudi Arabia, to expand its services in the region.
Anne Boden, founder and CEO of Starling Bank, is stepping down following a clash with investors over a more than £1bn fall in the valuation of the digital lender.
French finance minister Bruno Le Maire has announced that 75 food producers have pledged to lower prices by July as part of efforts to stabilise food prices and combat inflation.
