Oil prices rise as Chinese refiners reportedly ban October fuel exports

Oil prices rise as Chinese refiners reportedly ban October fuel exports

Oil prices rose on Thursday, reversing earlier losses, following a report that Chinese refiners have suspended October fuel exports, further squeezing war-constrained energy markets. International benchmark Brent crude with December expiry was last seen trading 2.2% higher at $100.15 per barrel, having earlier traded 1% lower, while U.S. West Texas Intermediate futures with November expiry…

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Altron flags sharp rise in H1 earnings

Altron flags sharp rise in H1 earnings

Altron is currently finalising its interim results for HY27. (Source: Altron) Altron expects headline earnings per share (HEPS) for the six months ended 31 August to increase by as much as 27%, driven by growth across its group operations. In a trading statement released ahead of its HY27 results, it says group HEPS is expected…

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SA’s internet costs climb, but other bills rise faster

SA’s internet costs climb, but other bills rise faster

Internet access price hikes worry the Competition Commission. (Graphic: Nicola Mawson | GenAI and Competition Commission) While internet connectivity, which the Competition Commission considers an essential service, has become more expensive, the increase pales in comparison with the surge in transport costs. Increases of 4.1% for wireless and 3.5% for wired internet services rising at…

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