FAW Trucks South Africa to upgrade Coega truck plant with R200m investment

FAW Trucks South Africa to upgrade Coega truck plant with R200m investment

The Coega Development Corporation recently announced a substantial R200 million investment by FAW Trucks South Africa, contributing to the province’s automotive sector growth. The Chinese-owned truck company’s investment will further strengthen the Eastern Cape as a strategic hub for automotive manufacturing. FAW Vehicle Manufacturers SA (PTY) Ltd was established in 1994 and is now a … Read more

Mixed results for Spotify in 3Q, but the margins are attractive – 11/13/2024 at 08:13

Mixed results for Spotify in 3Q, but the margins are attractive – 11/13/2024 at 08:13

( AFP / MARTIN BUREAU ) The audio streaming platform Spotify published mixed results for the third quarter on Tuesday, but investors were attracted by the improvement in the profitability of the Swedish group. The turnover stood at 3.98 billion euros, up 19% over one year, according to a press release, compared to 4.03 expected … Read more

Wildfire near Los Angeles burns dozens of homes – 08/11/2024 at 02:29

Wildfire near Los Angeles burns dozens of homes – 08/11/2024 at 02:29

(Automated translation by Reuters, please see disclaimer * More than 10,000 people evacuated due to wildfire near Los Angeles * Firefighters battle blaze fueled by Santa Ana winds * California wildfires burn three times more land than last year (Updated area in paragraph 4, added details on housing losses in paragraph 6) by David Swanson … Read more

LEAD 7-Microsoft forecasts a slowdown in the growth of its “cloud” activity in the second quarter – 10/31/2024 at 00:21

LEAD 7-Microsoft forecasts a slowdown in the growth of its “cloud” activity in the second quarter – 10/31/2024 at 00:21

(Automated translation by Reuters, please see disclaimer * Microsoft forecasts Azure revenue growth in the second quarter of 31% to 32% * Capital spending rose 5.3% to $20 billion * The quarterly results are the first since the company restructured its activity reports (Quarterly results are first since company restructured its reporting) By Deborah Mary … Read more

Radioactive drugs? Against cancer, a path that is gaining momentum – 10/30/2024 at 08:36

Radioactive drugs? Against cancer, a path that is gaining momentum – 10/30/2024 at 08:36

Injecting radioactive components into the body which will directly destroy cancer cells: this avenue appears more and more promising and the pharmaceutical industry is investing billions of euros in it (AFP / ANNE-CHRISTINE POUJOULAT) Inject radioactive components into the body which will directly destroy cancer cells. The avenue still only has a small place in … Read more

Absa secures $150 million from UK BII to boost trade finance for African SMEs

Absa secures 0 million from UK BII to boost trade finance for African SMEs

<img alt="Daba Finance/Absa secures $150 million from UK BII to boost trade finance for African SMEs” fetchpriority=”high” width=”466″ height=”720″ decoding=”async” data-nimg=”1″ style=”color:transparent;background-size:cover;background-position:50% 50%;background-repeat:no-repeat;background-image:url(“data:image/svg+xml;charset=utf-8,%3Csvg src=’http%3A//www.w3.org/2000/svg’ viewBox=’0 0 466 720’%3E%3Cfilter id=’b’ color-interpolation-filters=’sRGB’%3E%3CfeGaussianBlur stdDeviation=’20’/%3E%3C/filter%3E%3Cimage preserveAspectRatio=’none’ filter=’url(%23b)’ x=’0′ y=’0′ height=’100%25′ width=’100%25′ href=’data:image/png;base64,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’/%3E%3C/svg%3E”)” bad-src=”https://investor-updates-bucket.s3.amazonaws.com/daba-finance-invest-africa-1730133332090-Absa.PNG”/> BREAKING NEWSOctober 28, 2024 at 4:35 PM UTC TLDR Absa Group is partnering with British International … Read more

In the last week of October, ahead of the U.S. presidential election, big tech companies such as Microsoft and Google continue to announce their performance.

In the last week of October, ahead of the U.S. presidential election, big tech companies such as Microsoft and Google continue to announce their performance.

Google Store located in Manhattan, New York. Yonhap News In the last week of October, ahead of the US presidential election, ‘Big Tech’ companies leading the stock market will announce their third quarter earnings. On the 29th (local time), Alphabet, Google’s parent company, which is considered a leader in the generative artificial intelligence (AI) competition, … Read more

Apple’s third-quarter China smartphone sales decline, Huawei’s soar – 10/25/2024 at 04:10

Apple’s third-quarter China smartphone sales decline, Huawei’s soar – 10/25/2024 at 04:10

Apple iPhone sales APPL.O in China fell 0.3% while its rival Huawei HWT.UL recorded a 42% surge in the third quarter of 2024, as competition intensifies in the world’s largest smartphone market. Apple reached second place with a market share of 15.6%, although down 0.5 percentage points year-on-year, while Huawei achieved third place with 15.3%, … Read more

Google grants its request to suspend the review of the Play Store – 10/18/2024 at 11:18 p.m.

Google grants its request to suspend the review of the Play Store – 10/18/2024 at 11:18 p.m.

(Automated translation by Reuters, please see disclaimer * Last year, the jury ruled against Google in a competition lawsuit * The judge’s order incorporated Epic Games’ recommendations (Added comment from Epic to paragraphs 6 and 7) by Mike Scarcella A California federal judge has granted Google’s request to temporarily stay its order directing Alphabet unit … Read more

Nike withdraws its annual forecast, announcing a lackluster holiday season – 02/10/2024 at 02:51

Nike withdraws its annual forecast, announcing a lackluster holiday season – 02/10/2024 at 02:51

(Automated translation by Reuters, please see disclaimer * Nike withdraws its annual revenue forecast * The company expects an 8% to 10% drop in revenue in the second quarter * Nike reports first-quarter earnings per share of 70 cents, compared to estimates of 52 cents (Rewritten to add details of the conference call and context) … Read more