Business
11 Sep, 2026
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Shoprite sales hit US$16.9b while holding price rises below inflation
Shoprite Holdings, southern Africa’s largest food retailer, grew merchandise sales from continuing operations by 7.2 per cent to R270.8 billion (US$16.8 billion) for its financial year ending June,…
11 Sep, 2026
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Wholesale prices moved higher last month in latest sign of stubborn inflation
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated.
11 Sep, 2026
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Anthropic researcher resigns with warning about dangers of AI development
An Anthropic researcher said he is resigning from the company over concerns that the artificial intelligence (AI) firm and its competitors are not acting responsibly in AI development, echoing…
11 Sep, 2026
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ECB raises interest rates a quarter point to quell energy-fuelled inflation
The European Central Bank (ECB) raised interest rates on Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected…
11 Sep, 2026
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China’s car exports pass last year’s total with four months to spare
China’s passenger car exports in the first eight months of this year already surpassed last year’s total, an industry association said on Thursday, though domestic sales continued to decline.…
11 Sep, 2026
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Huawei racketeering trial opens in New York with duelling accounts
A racketeering conspiracy trial of Huawei Technologies began in New York on Wednesday with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology…
10 Sep, 2026
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New Apple CEO unveils latest iPhone line-up, including a foldable model called Duo
Apple on Wednesday unveiled its latest generation of iPhones, including a widely anticipated foldable version called Duo. The company’s new CEO, John Ternus, who took over from Tim Cook on September…
09 Sep, 2026
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Government seeks investor for AMC export complex as warehouse demand climbs
The Government aims to lease the Agricultural Marketing Corporation (AMC) Export Complex at 188 Spanish Town Road, Kingston, to investors amid a demand in warehousing property. It is the latest…
09 Sep, 2026
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Olive Garden owner targets Jamaica for expansion
Darden Restaurants, the American company behind Olive Garden and Ruth’s Chris Steak House, holds franchise agreements covering Jamaica, according to its latest annual filing with United States…