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Weak refining profits add to woes at Exxon, Chevron

16 minutes ago

US oil giants ExxonMobil and Chevron have reported another bruising round of results, with a glut of gasoline and other refined products.


Fuel strike won’t down SAA planes – Tlali

Jul 29 2016 11:45

The strike in the fuel sector won’t impact SAA, as suppliers have fuel reserves in place to ensure a continuous supply for the foreseeable future, the national carrier has assured.


SABMiller deal advances on China nod and investor support

Jul 29 2016 14:58

AB InBev's shares have risen on optimism it will manage to get enough shareholder support to complete its R1.45trn bid for SABMiller after the deal hit a snag this week.


Modern day trucking challenges the status quo

Jul 29 2016 11:12

SPONSORED: Technological innovations in the transport industry presents the opportunity to challenge the status quo says Barloworld Transport CEO.


AB InBev earnings miss estimates on Latin American downturn

Jul 29 2016 07:50

AB InBev has reported second-quarter profit growth that missed analysts’ estimates on challenging markets in Brazil and Argentina.


SABMiller shareholders said to support AB InBev offer

Jul 28 2016 19:55

Major SABMiller shareholders have signaled they favour Anheuser-Busch InBev’s revised $102bn takeover offer as the board prepares to meet in the coming days.


BAT hunts M&A as western Europe buoys first-half earnings

Jul 28 2016 19:46

British American Tobacco has said it’s on the hunt for acquisitions as it reported earnings near analysts’ estimates, helped by increased sales in France and Romania.


Petrol strike has not stopped operations at SA's largest oil refinery

Jul 28 2016 11:20

UPDATE: South Africa's largest oil refinery has not stopped operations due to a strike over wages, contradicting an earlier union claim.


VW brand’s profit falls amid emissions scandal

Jul 28 2016 10:28

Volkswagen’s reeling namesake passenger-car brand has posted a 38% drop in profit as the carmaker set aside more money for litigation over its emissions scandal.


Shell profit drops on lower oil, weaker refining margins

Jul 28 2016 15:00

Shell's second-quarter profit has plunged, missing analyst estimates by more than $1bn, as lower energy prices, weaker refining margins and production halts weighed in.



SABMiller trillion rand deal now in disarray

Jul 28 2016 06:29

AB InBev’s R1.47trn takeover bid for SABMiller was thrown into disarray after the target company suspended integration of the two brewers following a rebellion from shareholders.


SABMiller said to order stop to AB InBev integration

Jul 27 2016 19:05

Public Investment Corporation is in talks with SABMiller over an improved offer from Anheuser-Busch Inbev, the state pension fund has said.

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