Monday, November 24, 2025

Money

No Quick Fix for Target as Sales Continue to Slide

Target Corporation issued a sobering update on Wednesday, confirming that the retailer’s efforts to regain momentum are facing more headwinds than hoped. The latest quarterly results show that while the...

Snowflake and the AI Rush: How Enterprise Software is Redefining Data Intelligence

Enterprise software is undergoing a transformative shift, and Snowflake is leading the charge. With the surge of AI-powered...

Why Bitcoin Dropped to $101K Despite a Stock and Gold Rally: Market Dynamics Explained

Bitcoin, the world’s most prominent cryptocurrency, has recently fallen to $101,000, surprising many investors as traditional markets, including...

November Deadline Scrapped: SA’s Vehicle Licence Shake-Up Pushed to 2026

Those new vehicle registration rules you've been hearing about? They're not happening this month after all. The 1 November...

2026 Toyota Hilux Teaser Unveils Bold New Look Ahead of Official Reveal

Toyota has given fans a first glimpse of the next-generation Hilux, and the teaser hints at a bold...

PepsiCo Stock Surges Following Elliott Management Stake Announcement

Shares of PepsiCo Inc (NASDAQ: PEP) jumped sharply in premarket trading on Tuesday after activist investor Elliott Investment Management...

Kraft Heinz to Split into Two Companies Amid Strategic Restructuring

Kraft Heinz announced on Tuesday that it will split into two independent, publicly traded companies, marking a major restructuring...

ArcelorMittal South Africa’s Job Cuts: Unions Rally Against Looming Layoffs

ArcelorMittal South Africa (AMSA) is on the verge of cutting over 4,000 jobs, putting a significant portion of its...

Relief at the Pumps: South African Fuel Prices Drop from Wednesday

Motorists across South Africa will pay less for fuel from Wednesday, 3 September 2025, as the Department of Mineral...

U.S. Futures Slide as Pre-Market Trading Resumes After Labor Day

U.S. stock futures pointed lower on Tuesday morning as Wall Street reopened following the Labor Day holiday, with investors...

Trump Pressures Fed Governor Lisa Cook to Resign Amid Mortgage Fraud Allegations

President Donald Trump has intensified pressure on Federal Reserve Governor Lisa Cook to resign, citing allegations of mortgage fraud...

Target CEO Brian Cornell to Step Down, Michael Fiddelke Named Successor Amid Sales Slump

Target Corporation has announced that longtime Chief Executive Officer Brian Cornell will step down from his role on February...

Zahid Group’s $1.25 Billion Barloworld Acquisition Gets Green Light

The Competition Tribunal has officially approved the R23 billion (US$1.25 billion) acquisition of Barloworld Limited by a consortium led...

Mango Airlines Rescue Plan Collapses as Investor Pulls Out

South African low-cost carrier Mango Airlines is now headed for closure after its last potential investor, Ubuntu Air, withdrew...

United Airlines Restores Flights After Major Tech Glitch Grounds Hundreds Across the U.S.

United Airlines has successfully resumed operations after a sudden and widespread technology outage forced the airline to ground hundreds...

Pick n Pay’s Bold Turnaround Plan: What Ackerman’s Praise for Summers Really Means

South African retail giant Pick n Pay is undergoing one of its most critical transformations in recent history—and the...

Tesla and Samsung Forge $16.5 Billion Chip Pact

In a deal that could reshape the competitive dynamics of both the automotive and semiconductor industries, Tesla and Samsung...

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