US software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic. Investors have dumped the sector’s stocks this year on worries that AI tools that are capable of automating human tasks could pose an existential threat to the industry. The broader S&P…
Iranian state TV confirms the supreme leader has been killed on the first day of massive US and Israeli air strikes on the country.
Internal rifts, growing support for smaller parties are challenging Labour’s dominance in Greater Manchester. A by-election in northern England that should have been routine for the governing Labour Party is instead becoming a test of how fragmented British politics has become. Voters in the Gorton and Denton constituency of Greater Manchester are set to cast ballots…
Chery’s Tiggo 4 Pro Chinese vehicle brands are no longer just disrupting South Africa’s new-car market – they are now entrenching themselves in the used vehicle segment, long regarded as a tough test of buyer confidence. New data from AutoTrader shows that models from brands such as Chery, Haval, GWM and Omoda are selling in…
The death toll rose to 159 on Wednesday after police finished searching all seven of the high-rise towers that were engulfed in flames that took 40 hours to put out, officials said. The blaze elicited grief, anger and fear in the densely packed city of 7.5 million people, which returned to China from British colonial…
JSE-listed discount retailer Pepkor Holdings’ lead as the distributor of the most prepaid handsets sold in South Africa continues to expand. In the company’s report for the year ended 30 September, released on Tuesday, Pepkor reported a 17% year-on-year increase in handset sales to 13.5 million units – 9.2 million of which were sold in…
Shares of U.S. rare earth and critical mineral miners surged Thursday after China tightened restrictions on exports, fueling market speculation that the Trump administration will move more aggressively to invest in building out a domestic supply chain. Ramaco Resources soared more than 11%, Energy Fuels surged over 12%, USA Rare Earth jumped more than 16%,…
Cybercriminals and malicious hacker groups that successfully breached the IT systems of South African companies in the past year raised their ransom demands nearly sixfold in the same period. According to The State of Ransomware in South Africa Report 2025 by cybersecurity firm Sophos, the median ransom demanded rose shot up from US$165 000 (R2.9-million) in…
