Business News

SAA suspends head of HR

21:22 03/10/2019 Marelise van der Merwe and Carin Smith SAA has suspended its executive responsible for human resources. “There is currently no basis for SAA to disclose the circumstances around her suspension,” SAA spokesperson Tlali Tlali told Fin24 on Thursday evening. Subscribe to Fin24’s newsletter here”It is important that we preserve the integrity of the processes…

Rand firms as dollar, stocks fall

The dollar fell as weak US data deepened concerns over economic growth and bolstered bets for further interest rate cuts by the Federal Reserve. Picture: EWN JOHANNESBURG – The rand firmed on Thursday thanks to a weaker dollar, as investors fretted that weakness in the US manufacturing and service sectors could herald a slowdown in…

uBiome to cease operations and liquidate: Chapter 7 bankruptcy

The Silicon Valley microbiome-testing startup uBiome filed for bankruptcy protection earlier this month after months of challenges and setbacks.Now, uBiome is shutting down.The startup is converting from chapter 11 to chapter 7 bankruptcy, which means it’ll cease operations and liquidate, according to documents that Business Insider viewed.uBiome once convinced Silicon Valley that testing poop was…

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