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.
Japan's Rapidus project that brings together some of the world's biggest companies is the "last opportunity" to put the country's once-dominant semiconductor sector back on the global map, its chairman warned. And its success should inspire young engineers to further growth Japan's chip sector, he added.
Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit aiming to promote crucial trade with China and win greater support for his war effort in Ukraine. Putin will hold a press conference with Russian media later in the day.
Chinese leaders are meeting Friday with top housing officials to discuss a possible plan for the government to buy millions of unsold homes in a bid to support the struggling property sector, Bloomberg reported. Among those plans could be a scheme by Beijing to have local governments purchase millions of unsold homes across the country, Bloomberg said.
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