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samsung-galaxy-note-7
By Editor On Wednesday, August 24th, 2016
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Samsung Galaxy Note7 outsells supply

Samsung Electronics has had to delay the launch of its new premium smartphone Galaxy Note7 in some markets with production unable to keep up with initial demand for the large-screen phones. The curved waterproof More...

Rands
By Editor On Wednesday, August 24th, 2016
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South Africa rand falls on finance minister arrest rumour

South Africa’s currency, the rand, has fallen following speculation that the country’s finance minister could be arrested imminently. The Treasury confirmed that Pravin Gordhan was taking legal advice More...

Glencore
By Editor On Wednesday, August 24th, 2016
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Glencore steps up debt reduction plan

Mining company Glencore has set a new target to cut net debt to between $16.5bn and $17.5bn (£12.5bn-£13.5bn) this year. In March, the aim was to cut debt to between $17bn and $18bn. The attempt to further improve More...

Antonio-Horta-Osor
By Editor On Wednesday, August 24th, 2016
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Lloyds boss regrets ‘adverse publicity’ after reports of affair

The boss of Lloyds, Antonio Horta-Osorio, says he regrets the “adverse publicity and damage” caused by recent media coverage of his personal life. He has written a memo to staff after reports he took More...

qantas-airline
By Editor On Wednesday, August 24th, 2016
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Qantas airline soars to record profit after restructuring

Australia’s national carrier Qantas has posted record annual profits of A$1.42bn ($1.1bn, £820m), nearly doubling last year’s result. The airline will also pay a final dividend to shareholders for the More...

china-shenzhen-silicon
By Editor On Wednesday, August 24th, 2016
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China tech centres give Silicon Valley run for money

The Chinese tech centres of Shenzhen and Hangzhou have given Silicon Valley a run for its money for the first time. Financial technology companies in Asia raised $9.6bn during the first seven months of the year More...