Business
WH Smith in talks to sell high street stores
The business says it is exploring a possible sale as its travel retail business arm accounts for most of its profits.
News24 Business | Meta plans to invest R1.1 trn or more in AI this year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion (~R1.1 trn) in artificial intelligence in 2025, aiming to lead in the technology.
The French winemaker whose wines are illegal in his home country
Maxime Chapoutier makes wines that combine French and Australian grapes, a strict no-no in the EU.
Davos elite nod along as Trump delivers ultimatum
President Trump’s ‘America First’ message takes shape, as the rest of the world begins to digest what it might mean for them and global trade.
Trump urged not to put massive tariffs on UK
Business Secretary Jonathan Reynolds says there is no need for tariffs because the US has no goods trade deficit with the UK.
News24 Business | Regulator slaps Standard Bank with R13m fine, six warnings
The bank was warned not to repeat the conduct, with each potential repeat offence carrying the risk of further penalties ranging from R1 million to R8 million, respectively.
News24 Business | Proposed R100bn transformation fund ‘not about imposing new obligations’ says Tau
Parks Tau, the minister of Trade, Industry, and Competition, said that the government’s new R100-billion transformation fund idea, which is not an official policy proposal at this stage, would not raise money by imposing new obligations on firms.