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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JustMarkets Great Anniversary Contest is LIVE: $50K+ in Prizes & Gold Bars for Top Traders
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My Beauty Expo 2026 Launches Pan-African Vision at Official Media Briefing in Sandton
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Asian markets track Wall St down ahead of Fed decision
Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year. That provided another hammer blow to hopes the Fed will cut rates this year, with bets already reduced to just one by January -- compared with an expected six at the start of 2024.
Starbucks points to weaker consumer as profit falls
Starbucks reported lower profits on falling sales on Tuesday as the coffee giant pointed to weakening consumer sentiment and lackluster conditions in China as factors behind an earnings miss. Starbucks has taken note of a large number of cases where consumers begin digital orders and do not follow through with a transaction.
Amazon triples quarterly profit as cloud surges
E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. The embrace of AI has boosted sales of its key cloud services, such as Azure, a rival of AWS. Like most tech titans, Amazon faces increased regulatory scrutiny.
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Johann Rupert’s Reinet Investment Fund Hits R128 Billion in Net Asset Value in Luxembourg
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