Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year. "Assuming the PCE comes in OK, the data suggests the Fed doesn't need to hike and may cut later in the year," Capital.com's Kyle Rodda said.
The thriving economy of southern Brazil has been brought to its knees by historic floods, with vast agricultural land unusable and factories paralyzed. According to a local industry federation, nine out of 10 factories in the state have been affected by the flooding.
Globally recognized companies -- from oil and gas majors to the banking sector and tech -- are contributing to greenwashing by snapping up vast quantities of "likely junk" carbon offsets, a watchdog warned Thursday.
Business and Economy
Load more
Energy
Read more
Money
Read more
Industry
Read more
Technology
Read more
Economy
Read more