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Amazon stock tanks after weak earnings, massive fine

Amazon shares tanked after the company warned it expects sales growth to slow as the pandemic wanes, while at the same time it got slapped with a record fine from the European Union.  The Seattle-based e-commerce giant’s stock dropped more than 7.5 percent to 3,327.59 at Friday’s close after it logged a weaker-than-expected performance during […]

SA Petrol Prices Set for Massive Increases After Looting and Rioting

The Automobile Association (AA) of South Africa says new data is suggesting that petrol prices in the country will increase by a huge 87 cents to the litre. This comes as the fuel industry has been ‘hammered from all sides’ during the weeklong unrest that gripped the country in the last several days. Fin24 reports […]