Salga wants brakes on Eskom’s municipal takeover
No consensus on content of agency agreement yet.
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Mechanical engineering: Dräger warns: "The chemical industry is quietly dying"
The security technology manufacturer works closely with the chemical industry. Their crisis therefore also affects the Lübeck-based company.
Fiscal policy: "The pressure on the rating has increased": Is Germany's top credit rating in jeopardy?
The high government debt could reduce Germany's credit rating. According to information from the Handelsblatt, there is growing concern within the government about losing the top rating.
SpaceX shares sink after execs promise more spending
Still, shares wobbled after an initial jump on Tuesday.
U.S. nears Hormuz deal, aiming for Wednesday announcement
The U.S., Iran and Oman are closing in on an interim agreement to reopen the Strait of Hormuz, with the U.S. aiming for a Wednesday announcement, according to two regional sources and a U.S. official. Why it matters: The deal, which has been under negotiations for several weeks, is aimed at resuming the ceasefire between the U.S.
Growth at gunpoint: Why VCs share the blame for startup fraud
Every founder who has ever sat across a term sheet knows the unspoken rule of fundraising: growth solves everything. Miss a target, and the story shifts to “path to profitability.” Miss it twice, and investors start asking harder questions.
Nedbank’s turnaround is taking shape – now comes the credit test
Lender's credit loss ratio increased to 95 basis points from 81 the previous year.