iOCO co-CEO Rhys Summerton. (Photograph supplied) iOCO, formerly known as EOH, has continued to return capital to shareholders after repurchasing a further 2.34 million shares in the open market. In a notice to shareholders, the JSE-listed IT services group said it repurchased 2 344 669 ordinary shares between 29 November 2025 and 31 December 2025. …
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm DigitalBridge surged as much as 50% in premarket trade on Monday, following a media report that Japan’s SoftBank is in advanced talks to acquire the…
Koos Bekker Naspers and Prosus chairman Koos Bekker has sold shares in both companies worth about R2.5-billion over three trading days, according to regulatory disclosures. Filings published by Naspers and its European-listed subsidiary, global consumer technology investor Prosus, show that a family trust linked to Bekker disposed of shares in the two companies between 17…
Novo Nordisk shares received a much-needed end of the year boost as the Wegovy maker became the first drugmaker to secure approval of a GLP-1 pill for weight loss, in what one analyst called a “redemption for the investors” after the stock’s worst year ever. The U.S. Food and Drug Administration’s approval of Novo Nordisk’s…
LONDON — European stocks were largely positive on Friday as investors digest the end of a choppy month. The pan-European Stoxx 600 was up almost 0.2% by 4:00 p.m. in London (11:00 a.m. ET), with major bourses and most sectors in positive territory. November has been a volatile month for equities with fears of stretched…
The Novo Nordisk A/S headquarters in Bagsvaerd, Denmark, on Wednesday, Nov. 5, 2025. Nichlas Pollier | Bloomberg | Getty Images Shares of Novo Nordisk on Monday fell as much 11% after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer’s disease failed to meet its main goal. The trial tested whether semaglutide — the…
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
Man and woman having a small business meeting in smart casual clothes Ippei Naoi | Moment | Getty Images One successful angel investor has revealed two red flags that prevent him from investing in a founder in the first meeting. Carles Reina is an angel investor who backed voice cloning AI startup Eleven Labs when…
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Japan’s benchmark Nikkei 225 rose 1.5% to a fresh record, after closing at an all-time high Monday. The Topix also added 0.73% to hit a record high. Broader Asia-Pacific markets also opened higher, tracking Wall Street gains, led by…
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Hang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion). HSBC, Europe’s largest lender,…
