JOHANNESBURG (Reuters) - South African gaming and hotel group Tsogo Sun is considering listing its property portfolio worth 30 billion rand ($2.5 billion) separately as a Real Estate Investment Trust (REIT), its CEO said on Thursday. Tsogo Sun will make the decision before the end of this year and if listed, Tsogo will still retain control of the property division, said CEO Marcel von Aulock. ($1 = 11.7951 rand)
A monthly check for $4,873 might sound great, but it might not be everything it's cracked up to be.
“I’m current with all my bills but barely make minimum payments.”
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking an upbeat stance on the current market outlook, and backs it with a look at long-term results from the past 300-plus quarters. “20 were recessionary, 13 were stagflationary,
This leading semiconductor company is seeing robust growth thanks to artificial intelligence (AI), and investors can get it for a song.
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The software giant goes with Nvidia's rival for a platform of AI chips.
Consumer prices climbed 3.4% year-on-year in April.
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Nvidia's dominance in the artificial intelligence chip market has helped the stock to soar.
The Under Armour meltdown continues.