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.
South Korea and Britain kick off a major international summit on artificial intelligence in Seoul this week, where governments plan to press tech firms on AI safety. The meeting is a follow-up to the inaugural global AI safety summit at Bletchley Park in Britain last year, where dozens of countries voiced their fears to leading AI firms about the risks posed by their tech.
The naysayers said the maddening multicoloured cube that Erno Rubik invented 50 years ago would not survive the 1980s. Even after "hundreds or thousands of years", you would still be finding ways to crack it, Rubik enthused.
Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs. This helped offset a fuel bill up almost around a third to 5.1 billion euros.
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