Elon Musk’s recent antics call into question his decision to purchase Twitter. With a US$1 billion termination fee built into the contract, Musk should cut his losses.
The charges laid against ANZ and other banks over alleged cartel-like behaviour suggests that Australia is following the United States in cracking down on anti-competitive behaviour.
The debate about white monopoly capital in post-apartheid South Africa is good for the country’s politics but it tends to come with bad sociology.
BlackRock Inc is relatively unknown outside financial circles, but it owns the largest share in the biggest 299 companies in the world.
Edward Munoz/Reuters
Today the world is dominated by 30 financial corporations that hold more than half the shareholdings of its corporate giants. And they follow the logic of finance capital – the logic of money.
ASX took a wrong bet with Blockchain.
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What a difference a year makes. In January 2016, ASX was bathing in the warm glow of having been acclaimed by Blythe Masters, an American super saleswoman and head of a Blockchain start-up called Digital…
What’s really driving the market?
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The world of financial trading remains something of a mystery to the average person. Every day, stocks are traded at a frenzied rate and decisions are made that have wide reaching repercussions for us…
On April 23, the US stock market suddenly lost 1.5% of its value after news of an attack on the White House quickly spread from the (hacked) Twitter account of the Associated Press news agency. Within…
Rupert Murdoch recently told owners of 62% of the equity in News Corporation that they had no business in corporate decision-making. The company employees in excess of 50,000 people and has revenues of…
If I were a shareholder in Foster’s, which is facing a hostile takeover bid from global brewer SABMiller, there are three questions that I would ask myself before deciding whether to sell my stake. First…