FIN 24 – Companies

FIN 24 – Companies

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News24’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24.com | Dire consequences if 'unconsidered' poultry tariff is approved, warn meat importers

According to a statement released by the association, government and its import tariff adjudication body are yielding to calls for a tariff increase on chicken product imports.

Fin24.com | From Apple to Boeing, watch these bellwethers for signs of tariff trouble

Most American companies will report second-quarter results in the coming weeks, giving us the first chance to hear directly from a wide variety of businesses since the US and China agreed to resume trade talks.

Fin24.com | Vodafone CEO takes £1.3m bonus cut after share slide

Vodafone said it will cut long-term bonuses for its top two executives by a fifth after an investor advisory group took issue with the UK phone company’s remuneration plan.

Fin24.com | Court hears ouster of ex-Old Mutual CEO Peter Moyo was 'artificially manufactured'

Old Mutual ex-CEO Peter Moyo's legal team on Thursday argued that the breakdown in trust cited by his former employer as the reason for his dismissal was "manufactured" and that his reinstatement was "inevitable".

Fin24.com | Platinum giants eye Sibanye's gold mining deal as wage yardstick

Following a five-month strike that was eventually declared illegal, Sibanye agreed to increase the pay of workers at its three gold mines by 5.5%.

Fin24.com | Independent Media: We didn't deliberately inflate circulation figures

The Audit Bureau of Circulations of South Africa has amended its report on newspaper circulations for the period between Q1 2017 to Q2 2018 to accurately reflect Independent Media's circulation figures. unpacks why its important these figures are accurate.

Fin24.com | When will Boeing 737 Max fly again? FAA has no timeline

US aviation regulators have no timeline for returning Boeing’s grounded 737 Max to service and won’t act until they are sure it is safe, the nation’s top transportation official said on Thursday.

Fin24.com | Netflix stock plunges as streaming giant faces 'difficult road ahead'

Netflix has shocked investors by reporting a drop in US customers and much slower growth overseas, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.

Fin24.com | SA Corporate Real Estate says probe found no evidence of wrongdoing

Allegations of wrongdoing by a whistle-blower at the real estate trust first surfaced in early February 2018.

Fin24.com | Richemont's watch sales decline as Hong Kong protests sting

Richemont reported a surprise drop in revenue from its watch business, with protests in Hong Kong cutting sales in a key luxury market for the owner of Cartier.

Fin24.com | JPMorgan hiring in Africa as more firms seek London listings

JPMorgan is hiring in sub-Saharan Africa as the New York-based bank works with companies to list their shares in London despite Brexit uncertainty.

Fin24.com | Rhinos come to the bond market, and other species may follow

The planned sale of a rhino impact bond is seen by its backers as a test for the creation of a conservation debt market that could be used for everything from protecting species facing extinction to preserving wildlife areas.

Fin24.com | Reprieve for MultiChoice as Zim approves forex payments

MultiChoice has received a reprieve from Zimbabwe's new restrictions on payments after the country’s central bank allowed the pay television network’s Zimbabwe operation to collect subscriptions in foreign currency.

Fin24.com | Google 'backing out’ of China partnerships, US senator says

Google’s chief executive officer told US Senator Mark Warner that the company has ended some partnerships in China, the lawmaker said on Tuesday on Bloomberg Television.

Fin24.com | WATCH: The market that 'steps aside' for trains

Up to eight times a day vendors take in their awnings to allow the train to pass.

Fin24.com | WATCH: Man who lost family: Boeing put profit over safety

A man whose family was killed in the crash of a Boeing 737 Max jet in Ethiopia accused the company of wrongful conduct, telling a US House subcommittee that "Boeing should not be allowed to act like a mere investment company."

Fin24.com | Ryanair slashes growth outlook on Boeing crisis

Ryanair has slashed its growth outlook and said it would temporarily shut bases as crisis-hit Boeing pushes back plane delivery owing to fatal crashes that grounded its 737 MAX jets.

Fin24.com | Ford announces 1 200 new jobs at Pretoria assembly plant

The automaker says it will be adding 1 200 jobs to its Silverton plant in order to meet growing international and local demand for the New Ranger, Ranger Raptor and Everest.

Fin24.com | Nestlé finds new way to make chocolate sweet without adding sugar

Nestlé SA has found a way to create chocolate without adding any sugar, relying on leftover material from cocoa plants for sweetening as consumers look for natural and healthier fare.

Fin24.com | Trump says he wants review of Google's ties to China

President Donald Trump says he wants his administration to "take a look" into whether Google has been working with the Chinese government - an allegation swiftly denied by the US internet giant.

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