April 27, 2017

MoneyWeb News

MoneyWeb News

News – Business, Financial and Investment news and tools

Electric car boom so real even oil companies say it’s coming

EVs may constitute almost a third of new-car sales by the end of the next decade.

Zuma said to schedule business leaders meeting

To discuss the country’s credit-rating downgrades and a surprise cabinet reshuffle.

Investors see little cheer from eventual exit of Zuma

Some investors see policy going hard to the left.

SABC seeks Treasury guarantee

The interim board is seeking R1 billion.

Burger King sales slip in sign it’s losing ground to rivals

Decline follows surprising strong results from McDonald’s.

Rand extends losses ahead of holiday

Traders closing positions ahead of Freedom Day affects currency.

Twitter posts strongest growth in monthly users in a year

Microblogging site's revenue falls 7.8% to $548.3 million, its first drop since its initial public offering.

Five things you need to know on Wednesday

Trump plans to get offshore profits back to the US, Credit Suisse to raise $4 billion from investors, and banks start to vote with their feet ahead of Brexit. 

March producer inflation slows to 5.2% year/year

The annual figure is at its lowest since the final quarter of 2015.

World stocks hit record high as corporate America shines

Strong earnings, prospect of US tax cuts drive world stocks.

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