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BMW shares plunge over emissions investigation

Industry News April 10, 2019

BMW shares fell after the luxury carmaker warned of a probable first-quarter charge exceeding 1billion (R15.87bn) related to an EU investigation into alleged collusion by German automakers to delay the rollout...

Steinhoff finally faces angry investors after 95% stock plunge

Industry News April 22, 2018

When Steinhoff International Holdings NV held its annual general meeting a year ago, the company had a market value of about 20 billion euros ($25 billion). Now it’s less than 1 billion euros. ...

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Cape Business News, founded in 1980, is a specialist online platform that provides business readers with comprehensive news, with extensive coverage of general business trends, events, statistics, new products, services and projects.

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