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Industrial

Comair signs $160m agreement with CFM International

Jul 17 2018 15:42

SA's private domestic airline operator Comair has signed a Rate Per Flight Hour agreement with CFM International to support its fleet of 16 CFM56-7B engines.

Industrial

Germany opens Opel probe in 'dieselgate' scandal

Jul 15 2018 14:22

German authorities are investigating carmaker Opel as part of an inquiry into the "dieselgate" scandal that saw major manufacturers such as Volkswagen fined billions of euros for cheating emissions tests, the transport ministry said Saturday.

Industrial

Erin Energy CEO, other top leaders resign

Jul 13 2018 15:42

Three months after it filed for bankruptcy, the top leadership of JSE-listed Erin Energy has resigned, including its Chief Executive Officer Femi Ayoade.

Industrial

Criticise us, but give us a chance, SAA CEO implores South Africans

Jul 11 2018 13:32

It is very important that South Africans give SAA the opportunity to be turned around and become sustainable, CEO Vuyani Jarana tells Fin24.

Industrial

Tesla plans China plant with 500 000 vehicle capacity

Jul 11 2018 05:15

Tesla has reached a preliminary agreement with the Shanghai government to build a factory that’ll rival production from its lone US assembly plant.

Industrial

SAA vows to seek equity partner immediately amid funding crunch

Jul 10 2018 12:58

The airline's CEO has written in a letter to trade union Solidarity that funding pressures dictate that SAA start looking for a strategic equity partner immediately.

Industrial

VR Laser to wind down as rescue fails

Jul 08 2018 08:22

The premises of VR Laser Services, one of eight Gupta family-owned companies under business rescue, have been gutted, according to the company’s recently departed financial manager Claire Tomsett.

Inside Fin24.com

 
Industrial

US industries fear worst is yet to come from Trump's tariffs

Jul 06 2018 07:00

US companies for months bemoaned tariffs on Chinese imports taking effect Friday. Now they fear the worst is yet to come in an escalating confrontation with Beijing over trade.

Industrial

Rolls Royce adds to Brexit alarm sounded by UK manufacturers

Jul 05 2018 15:52

Rolls Royce has joined the list of household names to fire a warning shot about the cost of Brexit, turning up the heat on Prime Minister Theresa May.

Company Snapshot

#SAVINGSMONTH

Five of SA's top financial brains, including SARB governor Lesetja Kganyago share their best savings habits.
 

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