Nike (NKE) Q1 2026 earnings

Nike (NKE) Q1 2026 earnings

Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period. Still, Nike’s…

Read More
Paying with crypto put to the test

Paying with crypto put to the test

Binance Pay hosted a treasure hunt event at the V&A Waterfront in Cape Town. Through its integration with Zapper, Binance Pay says it is opening new avenues for South Africans to use crypto-currencies to shop and pay. It showcased the possibilities during a treasure hunt hosted at the V&A Waterfront in Cape Town recently. The…

Read More
Eskom in dramatic swing into profit

Eskom in dramatic swing into profit

Eskom chairman Mteto Nyati Eskom has reported R16-billion in profit after tax for 2025 — for the first time in eight years. That compares to a R55-billion after-tax loss for the 2024 financial year. Board chairman Mteto Nyati told reporters on Tuesday that Eskom’s two-year debt relief plan, adopted in 2023, had started showing results….

Read More
Mastercard Foundation Board of Directors Announces Seasoned Technology Leader, Sewit Ahderom, as Next President and CEO

Mastercard Foundation Board of Directors Announces Seasoned Technology Leader, Sewit Ahderom, as Next President and CEO

TORONTO, Canada — Deep expertise in agrifood systems and technology; exemplifies the values of the Foundation. Committed to scaling impact of the Foundation’s programs in Africa and within Indigenous communities in Canada, prioritizing local solutions and partners. Assumes leadership in early 2026. The Board of Directors of the Mastercard Foundation today announced that Sewit Ahderom…

Read More
Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Osmond ChiaBusiness reporter, Singapore and Liv McMahonTechnology reporter Metropolitan Police Zhimin Qian, also known as Yadi Zhang, was convicted on Monday A Chinese national has been convicted following an international fraud investigation which resulted in what’s believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin…

Read More