October 17, 2017

MoneyWeb News

MoneyWeb News

News – Business, Financial and Investment news and tools

Wall St flat as losses in financials offset healthcare gains

Goldman dips, Morgan Stanley up after reporting profit beats.

Airbnb Africa arrivals more than double to 1.2m

South Africa tops guest arrivals list.

Goldman says gold beats bitcoin as bank weighs fear and wealth

Precious metals are 'neither a historic accident or a relic'.

Gerrie Nel takes on Duduzane Zuma over fatal car crash

Prosecutor says there were no valid grounds for NPA to decline prosecuting president's son.

Five things you need to know on Tuesday

Fed candidate Taylor impresses Trump, North Korea sounds nuclear threat, and UK inflation hits highest in over five years. 

PIC has not ruled out investing in SAA

Matjila says airline will first have to improve governance and implement a turn-around strategy before being considered for investment.

Netflix tops subscriber outlook as spending nears $8bn

Company forecasts 2017 global subscribers to near 116 million.

Zuma reshuffles cabinet again

Big changes in the higher education and training, energy and home affairs departments.

Mediclinic sees Middle East weakness denting earnings

Revenue in the region is down 4.7% to $408.45 million.

Initial coin offerings rake in another billion in under two months

Investors pour over $3 billion into over 200 ICOs this year.

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