Why ‘digital twins’ could speed up drug discovery
AI can create digital humans and digital organs that can be used in clinical trials.
Business
News24 Business | Exxaro is said to have discussed acquiring Tshipi manganese mine
Exxaro Resources has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people familiar with the matter.
Trump rings bell on record stock market – but will it last?
The US president-elect comes into office with a strong economy, but investors hope for more and current highs may be difficult to sustain.
Europe tries to boost economy as Trump presidency looms
The European economy is going to have a tough few years, if new forecasts are correct.
News24 Business | Frans Baleni appointed chair of SA’s biggest pension fund
Frans Baleni has taken over the chair of the GEPF following the resignation of Dondo Mogajane
News24 Business | Brazil hit by jumbo rate hike – and more to come
Brazil’s central bank on Wednesday lifted its key interest rate one point to 12.25 percent and warned more hikes were likely to come as it sought to contain high inflation.
News24 Business | Business brief | Gemfields reports mixed ruby result; Pan African expects production pickup
An overview of the biggest business developments in SA and beyond.
News24 Business | Australia to force Google, Meta to pay for news shared on platforms
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media.
Mark Zuckerberg’s Meta donates $1m to Trump fund
It appears to be the latest attempt by the Meta boss to build a closer relationship with the incoming president.
News24 Business | Bidvest to sell its banking unit to Nigeria’s Access Bank for R2.8bn
As part of the transaction Access Bank will introduce broad-based black economic empowerment ownership to Bidvest Bank, including an employee stock ownership plan.
Currys says price rises ‘inevitable’ after Budget
The retailer says it had not planned for the full impact of recent changes to tax and other government policy.
Meet Karol G, Colombia’s Taylor Swift
The Colombian singer is the world’s most-watched artist when it comes to streamed videos.
News24 Business | Treasury issues call for investors to develop transmission grid
Treasury has issued a request for information for investors to develop the national transmission grid that will allow the country to transition from coal to clean-energy sources.
‘I’m spending more’ despite rise in US inflation
Progress stabilising prices in the US may be stalling, just as public opinion brightens.
News24 Business | Business brief | FirstRand gets nod to continue UK car loans battle; Zara owner books record profits
An overview of the biggest business developments in SA and beyond.
News24 Business | V&A Waterfront plans R20bn expansion – and market may have to move
Cape Town’s V&A Waterfront plans a R20-billion expansion of the adjacent Granger Bay precinct and has sought permission from authorities in South Africa’s second-biggest city for the development.
Musk’s Tesla lobbied UK to charge petrol drivers more
Musk’s firm backed the government’s green stance, despite its maverick chief executive’s social media attacks.
Warning staff shortages could disrupt Christmas travel
Lord Hendy says the transport department is going to “keep a close watch on staffing” over the festive period.
News24 Business | Johan Fourie | ChatGPT is reshaping my work: Can it do the same for SA’s economy?
November brought a revelation: generative AI is transforming the way I research, write, and think. Its power to lower barriers and boost productivity is undeniable—but can it truly reduce inequality? That depends on how we use it, writes Johan Fourie.
News24 Business | Lancewood owner Libstar rallies as it holds margins amid volume declines
Shares in Libstar rose nearly 6% on Wednesday after an update from the Lancewood cheese owner showed it had maintained margins amid improving trading conditions, even as volumes went backwards.
News24 Business | BHP, Rio Tinto face sexual harassment class actions in Australia
Global mining giants BHP Group and Rio Tinto are facing class actions alleging widespread and systemic sexual harassment at Australian mine sites, law firm JGA Saddler said on Wednesday.