SAPS raids Bellville shopping complex, seizing counterfeit goods worth R100 million from over 40 shops, amid efforts to combat illicit trade in the Western Cape.
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Fast-food chains feel the pressure as GLP-1 medicines like Ozempic change consumer spending habits
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Pfizer profits drop on lower Covid-19 product sales
Pfizer reported a drop in profits on lower sales of Covid-19 related profits Wednesday as it steers investments to other pharmaceutical areas and implements previously announced cost cuts. Much lower sales of Covid-19 vaccine Comirnaty and therapeutic Paxlovid accounted for a 20 percent drop in first-quarter revenues to $14.9 billion compared with the year-ago period.
Hong Kong faces uphill battle to lure back Chinese tourists
The Lo Wu arrival hall on Hong Kong's border used to throng with visitors during mainland China's "Golden Week", but as the five-day tourism bonanza kicked off on Wednesday, the queues there were modest.
GSK profit drops in first quarter on higher costs
British drugmaker GlaxoSmithKline on Wednesday said its net profit fell 23 percent in the first quarter as the company faced higher exceptional costs compared with a year earlier. Following the update, the group's share price edged up 0.1 percent in early trading on London's top-tier FTSE 100 index, as the group also upgraded its full-year outlook for sales.
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Johann Rupert’s Reinet Investment Fund Hits R128 Billion in Net Asset Value in Luxembourg
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