MoneywebAI to cut headcount at more than half of UK firms, CFOs say
Deloitte said Wednesday that 52% of CFOs expect to cut headcount due to the technology, with AI adoption still in its early stages.
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Moneyweb
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MoneywebMoneywebTFG suffers cyberattack on UK fashion brands
The breach affects Phase Eight, Hobbs and Whistles.
MoneywebIMF, World Bank tout Bangkok blueprint against digital fraud
The initiative comes as Thailand’s efforts to crack down on scam operations have uncovered sophisticated ways in which proceeds of cyber fraud become a major part of broader illicit financial flow, Vitai said.
MoneywebChina on cusp of $1trn trade surplus as exports surge
Shipments abroad soared 36% last month from a year earlier and imports jumped 31%.
MoneywebIMF says US growth not enough to fight high debt, deficit levels
Meanwhile, US debt is heading into unprecedented territory, one of the key reasons behind a surge in long-term borrowing costs that has raised alarm bells globally.
MoneywebJudge rules news outlets can keep White House access for now
While their lawsuit against the Trump administration proceeds.
MoneywebOpenAI says staffer arrested for hidden recording device in office
The incident is poised to heighten concerns about the security at top tech companies at a moment when nations are competing aggressively to develop more powerful AI systems.
MoneywebDP World sees higher costs with trade partners losing trust
The era during which trading barriers were dropped and there was a free flow of goods is over, said Yuvraj Narayan
MoneywebWorld’s top copper mine faces strike
After union leaders said wage talks failed to produce an agreement before the midnight deadline.
MoneywebMTBPS 2026: R50bn tax windfall bolsters SA’s upgrade prospects
A revenue overrun could narrow the budget deficit to 3.5% of GDP, while improving fiscal discipline and structural reforms strengthen the case for a return to investment-grade status within two to three years.
MoneywebGlencore opens above London close in Australia trading debut
The introduction of CDIs, which didn’t involve selling new shares or raising funds, will give the mining and trading giant exposure to Australia’s vast pension industry.
MoneywebChina refiners to refill oil stocks from November, Eurasia says
After tapping reserves to cushion the impact of elevated prices stemming from the US-Iran war.
MoneywebRio Tinto sees lithium output impacted by Argentina rainfall
Rio Tinto is the only diversified major miner with lithium assets, after buying a major producer in 2024.
MoneywebOverhauling trust administration
Citadel Fiduciary partner Mbonisi Ndlovu reviews the impacts of the proposed Regulation of Trusts Bill 2026.
MoneywebAramco headquarters hit as Houthis widen attacks on Saudi Arabia
A limited fire erupted at Aramco’s office complex in Dhahran and there were no casualties, Saudi authorities said.
MoneywebA $90m spyware hack sparks review of crypto wallet sales
'Physical supply chain tampering is a risk for the whole industry,' added Pascal Gauthier.
MoneywebMoody’s says South Africa is on right track for rating upgrade
It says the country has reached an inflection point after stabilising its debt and delivering pro-growth economic reforms.
MoneywebMauritius says situation is under control after days of unrest
The unrest, which began last week over water shortages and the cost of living, intensified after a woman was shot and injured by police on October 9.
MoneywebCopper climbs to three-week high on strike threat, Fed comments
Copper in London rose as much as 0.8% to $14 695 a ton, its highest since September 23.
MoneywebGold steady as Fed official’s remarks temper rate-hike bets
Spot gold rose 0.1% to $4 163.82 an ounce as of 11:35 a.m. Singapore time, while silver was 0.1% higher at $59.20.
MoneywebBHP cuts 300 workers at Australian iron ore mines as costs rise
Iron ore prices have fallen around 14% since the start of the year, while the costs of mining and shipping the raw material have increased in part due to surging fuel prices.
MoneywebOil rises as Middle East attacks increase uncertainty over flows
Brent for December settlement advanced 0.8% to $106.54 a barrel at 10:29 a.m. in Singapore.
MoneywebBytes Technology sells off on strong results
A look at the sharp sell-off in Bytes Technology shares following its results and acquisition of CyberOne, and whether South Africa’s auditing profession is ready for the future.
MoneywebPope Leo is diagnosed with lung cancer after surgery in Rome
Leo was elected leader of the world’s 1.4 billion Catholics in May 2025.
MoneywebAllan Gray tips Nigerian stocks over South Korea’s Kospi
As they offer a diversification play from the artificial-intelligence frenzy that has swept markets from Wall Street to Asia.
MoneywebDemand for prosecutions over R3.5bn ‘too-tall trains’
#UniteBehind wants the decade-old Swifambo contract investigated as an organised criminal enterprise, with those responsible brought to justice.
MoneywebEarly GEPF retirement: How do I offset a reduced pension income?
An experienced financial planner specialising in GEPF benefits could model helpful retirement scenarios before you decide.
MoneywebSA TV faces R6bn revenue decline as digital advertising surges
While cinema revenue is expected to rise to more than R1bn, suggesting that audiences continue to value shared entertainment experiences.
MoneywebWhy Sun International is getting strategic about problem gambling
It’s trying to bring online operators together to agree on a response to looming regulation.
MoneywebEskom Green is looking for partners
Pumped storage scheme and renewable projects up for grabs.