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SOUTH AFRICA

McDonald's earnings edge down; says turnaround on track

NEW YORK - McDonald's reported slightly lower fourth-quarter earnings Monday as strong sales in Britain, Japan, China offset a drop in the United States...

13 hours ago

SOUTH AFRICA

Amazon completes its first drone delivery, in England

WASHINGTON - Amazon said on Wednesday it completed its first delivery by drone, in what the global online giant hopes will be a trend in automated shipments by air...

15 Dec 2016

SOUTH AFRICA

Amazon testing cashier-free retail store

SAN FRANCISCO - Amazon on Monday unveiled a new kind of retail store, with no cashiers...

6 Dec 2016

SOUTH AFRICA

Microsoft aims at Apple with high-end PCs, 3D software

Microsoft launched a new consumer offensive on Wednesday, unveiling a high-end computer that challenges the Apple iMac...

28 Oct 2016

SOUTH AFRICA

Is your website driving away customers?

US consumers in particular are very discerning when shopping online, so much of the global ecommerce research stems from there, but it's more than just a 'Western concern'. Here's why African business should take online shopping cart abandonment into account locally and when selling to an international market...

By Leigh Andrews 7 Oct 2016

SOUTH AFRICA

Costco to pay $11.75m over medical prescriptions

LOS ANGELES - Warehouse retail giant Costco has agreed to pay $11.75 million to settle allegations that some of its pharmacies improperly filled prescriptions for controlled substances, federal officials announced Thursday...

20 Jan 2017

SOUTH AFRICA

Hoverboards make comeback at Vegas electronics show

Hoverboards are aiming for a comeback after a series of debacles and recalls for the quirky wheeled personal transport devices...

10 Jan 2017

SOUTH AFRICA

Nike earnings rise, bullish on China

NEW YORK - Nike reported higher second-quarter earnings on Tuesday behind increased sales in key markets, including China, and said it was making progress in cutting inventory in North America...

21 Dec 2016

SOUTH AFRICA

Estee Lauder eyes millennials with $1.45bn Too Faced buy

SAN FRANCISCO - US cosmetics maker Estee Lauder on Monday snapped up the beauty products brand Too Faced, beloved by the younger demographic, for $1.45 billion in its biggest acquisition to date...

15 Nov 2016

SOUTH AFRICA

Coca-Cola posts 7% global revenues loss

NEW YORK - The slow global economy and the health-driven turn against sweet sodas dented Coca-Cola sales for the sixth straight quarter, delivering a 28 percent hit to net income, the company reported Wednesday...

27 Oct 2016

UNITED STATES

PayPal co-founder raises $100m for new payments startup

WASHINGTON - Affirm, a startup led by PayPal co-founder Max Levchin, said on Thursday it secured $100m in financing to expand its consumer lending business that aims to disrupt the credit card industry...

17 Oct 2016

UNITED STATES

Coke, Pepsi fund health groups ... but fight them too: study

NEW YORK - Coca-Cola and Pepsi have given millions of dollars to health organisations while quietly fighting anti-obesity measures such as taxes on soft drinks...

14 Oct 2016

UNITED STATES

Amazon seeking 120,000 seasonal workers

SAN FRANCISCO, USA: US online giant Amazon on Thursday announced that it plans to hire 120,000 seasonal workers to help handle an expected crush of holiday shopping...

14 Oct 2016

UNITED STATES

Amazon launches full on-demand music streaming service in US

NEW YORK - Online giant Amazon launched an expanded on-demand music streaming service in the US on Wednesday, taking on the likes of Spotify and Apple Music with a cut-price offer for users of its Echo speakers...

13 Oct 2016

SOUTH AFRICA

Amazon launches 'unlimited' reading for Prime members

WASHINGTON - US online giant Amazon on Wednesday launched a new "Prime Reading" programme for US members of its subscription programme, allowing unlimited reading of a rotating selection of e-books...

7 Oct 2016

SOUTH AFRICA

Amazon bans most 'incentivised' reviews

SAN FRANCISCO - Amazon on Monday banned reviews of products received free or at generous discounts, unless authors have been deemed trustworthy by the online retail giant...

5 Oct 2016

SOUTH AFRICA

Google smartphone expected at 4 Oct. event

Google late Monday sent out invitations to an event on 4 October, hinting that the internet titan will show off a new smartphone...

21 Sep 2016

SOUTH AFRICA

Wearable tech market cools, as consumers step back

Wearable tech, which was seeing sizzling sales growth a year ago, is cooling this year amid consumer hesitation over new devices...

16 Sep 2016

SOUTH AFRICA

Fitbit leads wearables, Apple Watch sales slip: survey

WASHINGGTON - Fitbit extended its lead in the market for connected wearables in the second quarter amid a sharp drop in Apple Watch sales, a survey showed Tuesday...

8 Sep 2016

SOUTH AFRICA

Wal-Mart shares jump as US stocks flat

NEW YORK - Wal-Mart Stores jumped on Thursday on better-than-expected second-quarter earnings, while the broader market was essentially flat in early trade...

23 Aug 2016

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