Finance

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Oracle shares drop 12% in Europe after forecasts miss Wall Street targets

Shares in Oracle opened almost 12% lower in Frankfurt, tracking United States after hour losses after the company forecast sales and profit that missed analyst estimates

Rand weakens as traders weigh Fed decision, await local data

Rand weakened on Thursday as traders assessed US Federal

IMF approves fourth review of Ethiopia’s economic program under Extended Credit Facility

A staff team from the International Monetary Fund (IMF) has reached a staff-level agreement with Ethiopian authorities on the fourth review of the country’s economic programme under the IMF’s Extended Credit Facility (ECF).

Apple CEO meets US House members to oppose App Store Accountability Act

The Chief Executive Officer (CEO) at United States (US) tech giant, Apple, Tim Cook has met with US House members to oppose the App Store Accountability Act, which would mandate age verification for users and potentially involve the collection of sensitive data about children.