Taiwan and the United States reach consensus in trade negotiations, pledge to maintain ‘ambitious negotiating schedule’ 

The United States and Taiwan concluded four days of trade negotiations on Monday and reached consensus on several areas related to trade facilitation, anti-corruption, small and medium-sized enterprises and regulatory practices, the U.S. Trade Representative’s office said. The first major negotiating round of the U.S.-Taiwan Initiative on 21st Century Trade saw the two sides exchange […]

Eskom ‘finalising urgent plans’ to cut load shedding: minister 

The Department of Public Enterprises (DPE) says it is doing everything possible to end or minimise load shedding, and those who stand in its way will face the full force of the law. The department’s new standpoint was in a response statement to a letter from Mabuza Attorneys demanding that the department and Eskom make […]

Crypto exchange Binance plans 15%-30% hiring spree in 2023 even as rivals slash jobs 

Binance is planning a hiring spree in 2023, CEO Changpeng Zhao said Wednesday, taking a somewhat contrarian view as crypto firms lay off huge swathes of staff amid continued pressure on coin prices. Zhao said Binance, the world’s largest cryptocurrency exchange, said the company increased head count in 2022 from 3,000 people to “almost” 8,000. […]

BMW outsells Mercedes-Benz for second year in a row

German automaker BMW outsold arch-rival Mercedes-Benz in the past year, according to vehicle sales numbers released Tuesday. Globally, BMW sold 2.1 million cars in 2022 – a fall of 5 percent compared to 2021. But it was still enough to outpace Mercedes Benz, which sold 2.04 million cars. The two German giants both pointed to […]

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