Business

[ad_1] Photo: AFP US oil plummeted to below $ 11 a barrel on Tuesday after a major publicly traded fund began selling its short-term contracts for the commodity, and storage concerns increased as the coronavirus strangled demand. . West Texas Intermediate, the US benchmark, for June delivery fell 14.8% to …

[ad_1] Kevzara, made by Regeneron and Sanofi, does not attack the new coronavirus but instead inhibits an abnormal immune response. Photo: Archive WASHINGTON: An arthritis drug that was being closely watched for possible use against COVID-19 has yielded disappointing results in clinical trials, its manufacturers said Monday. Kevzara, manufactured by …

[ad_1] Seven unions representing SAA workers want rescue professionals to consider other options in addition to the massive cuts. (Photo: Flickr / Burmarrad Camenzuli) Business rescue professionals, government, and unions have conflicting ideas about how to rescue SAA. This is prolonging the commercial rescue procedures, which have been ongoing for …

[ad_1] A ban on alcohol sales is forcing thirsty South Africans to be creative, from experimenting with homemade beers to crossing the border in search of a drink. That worries bottlers, including wine and spirits maker Distell Group, SA’s largest wine exporter. The ban, one of the strictest in the …

[ad_1] With the address of SIBONISO MNGADI 12h ago Share this article: SharecheepShareShareShareEmailShare Durban: While motorists can expect another fuel price relief next month, fuel retailers are struggling to stay afloat due to declining sales and profits. According to the Automobile Association, mid-month data points to a decrease in the …

[ad_1] A new warning about Goldman Sachs’ U.S. stocks could spell trouble for Bitcoin and the crypto markets in general. In a note to investors, the financial giant says the top five stocks in the S&P 500 now have a 20% share of the overall market capitalization of the benchmark …

[ad_1] The latest tourism and migration data released by Statistics SA this week reflects the latest from the local tourism industry as SA knew it, according to Lee-Anne Bac, director of the specialized tourism unit at international consulting firm BDO. The World Travel and Tourism Council estimates that the SA …

[ad_1] Net1 UEPS Technologies It is seeking to place a subsidiary that has been ordered to pay hundreds of millions of rands to the welfare department in commercial bailout. The company is also facing a legal challenge from a human rights organization, Freedom Under Law, which alleges that it underestimated …

[ad_1] A ban on alcohol sales is forcing thirsty South Africans to be creative, from experimenting with homemade beers to crossing the border in search of a drink. That worries bottlers, including wine and spirits maker Distell Group, SA’s largest wine exporter. The ban, one of the strictest in the …

[ad_1] Last month, a federal judge ruled that Ford was committed to paying at least $ 77.4 million to owners of vehicles equipped with faulty “Powershift” dual-clutch automatic transmissions as part of a class action lawsuit. Now, according to one of the law firms representing the lawsuit, the first settlement …