Tesco says price pressures easing as profits soar
The UK’s biggest supermarket chain made annual pre-tax profits of nearly £2.3bn up from £882m.
Business
Over 7 million struggling with bills, survey finds
Many feel “heavily burdened” by their finances but the picture has improved from 2023, a survey finds.
How much is the cost of a UK passport going up?
A standard online application for an adult will rise from £82.50 to £88.50 from 11 April.
Boeing hit after new whistleblower raises concerns
Boeing shares dropped almost 2% after concerns were raised over its 787 and 777 jets.
News24 Business | Business brief | Leroy Merlin SA gets a new GM, while HSBC books R18bn loss from Argentina exit
An overview of the biggest business developments in SA and beyond.
News24 Business | No more wet coal: Eskom hopes to limit winter power crunch, but setbacks are almost inevitable
Eskom will inform the public on its winter outlook by the end of April, but the management team plans to limit unplanned breakdowns to below 14 000MW.
News24 Business | Investec in wrangle with former in-house lawyer over ‘sensitive’ emails
The high court has set aside an ex parte application initially granted to Investec that allowed the sheriff to seize documents from its former in-house lawyer who claims she was unfairly dismissed.
TikTok testing new photo app to rival Instagram
Some TikTok users have received notifications about a new app for photo posts “coming soon”.
News24 Business | Crude oil thieves slapped with 30 years in jail time
Transnet Pipelines has welcomed the conviction of two fuel thieves, each of whom were sentenced a cumulative 30 years by the Newcastle Regional Court on Monday.
Bates: Post Office tried to silence me for 23 years
The Post Office spent decades lying and trying to silence sub-postmasters, the campaigner says.
Abrdn hits out at media ‘bullying’ over name change
An executive at the investment firm said the press was making “childish jokes” about its rebrand.
US bank boss warns interest rates could rise to 8%
Jamie Dimon told shareholders that US rates could stay higher due to “persistent inflationary pressures”.
News24 Business | Investments | Why is gold suddenly surging?
The latest investment insights and market developments.
Ghostbusters film studios enter administration
The new Ghostbusters film Frozen Empire was partly filmed at Winnersh Film Studios.
How an F1 simulator could save car firms “millions”
Engineers in a village near Bristol make the fastest-reacting car simulator in the world
Boom times for US green energy as federal cash flows in
The US government has directed unprecedented sums of money at green energy projects.
News24 Business | Business brief | Pick n Pay launches new store-to-store money service, and yet more woes for Boeing
An overview of the biggest business developments in SA and beyond.
News24 Business | Shoprite teams up with Tesco and others to launch fund to support startups
SA’s largest retailer Shoprite has established a joint venture fund with four other global grocery groups, including the UK’s Tesco, to invest some US$125 million (about R2.3 billion) in new startups over the next five years.
News24 Business | ‘Time is of the essence’: French giant Canal+ makes formal bid for MultiChoice
French media giant Canal+ says it’s confident about getting a tie-up with MultiChoice over the line after securing cooperation with the board of the owner of DStv and Showmax.
News24 Business | What happens if a debt judgment is taken against you
A debt judgment may result in you losing property, possibly your home.
News24 Business | Sikonathi Mantshantsha | Can SA’s youth follow the Senegalese and claim their future?
The youth of Senegal refused to be docile, rose and carried one of their own to the Palais de la Republique seat of power in Dakar, thus claiming their own future. Will South Africa’s youth rise to the occasion and chuck out the establishment dinosaurs from the Union Buildings in May?