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ICT

MTN faces new Nigeria headache as local unit probed over listing

May 25 2019 13:59

MTN’s Nigeria listing is being investigated by local authorities, the latest in a series of disputes in the wireless carrier’s largest market.

    ICT

    The Tesla stock bubble has burst, sparking existential questions

    May 25 2019 11:05

    For Elon Musk and Tesla, the blows from Wall Street came one after another this week - a relentless barrage that left the stock so beat up that some now wonder if it can ever regain its status as the ultimate 21st century disrupter.

    Financial Services

    Old Mutual CEO in no mood to go quietly

    May 24 2019 20:49

    Suspended by the board for conflicts of interest involving his investment firm NMT Capital, CEO Peter Moyo signalled he has no intention of going quietly.

    Companies

    Old Mutual suspended CEO in dispute over NMT Capital interest

    May 24 2019 17:14

    Old Mutual suspended Chief Executive Officer Peter Moyo due to a disagreement over the handling of the relationship between the South African insurer and an investment company that he co-founded, according to a person familiar with the matter.

    Health

    Ascendis Health shares drop a day after firing CEO

    May 24 2019 22:52

    In a brief update to shareholders late on Thursday, the group's board said its CEO Thomas Thomsen's contract had been terminated.

    Companies

    Old Mutual declines most on record after suspending CEO Moyo

    May 24 2019 09:57

    Old Mutual shares fell the most on record after it suspended Chief Executive Officer Peter Moyo, before recovering to trade 1% down by mid-morning.

    Industrial

    WATCH: Boeing hit by claims of poor production on Dreamliner jets

    May 24 2019 22:53

    Poor production and oversight at a Boeing factory may compromise the safety of the company's 787 Dreamliner jets, current and ex-staff of the plant have told the New York Times.

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