South African opposition parties have accused the government of making a “backdoor deal” with Elon Musk after it proposed to loosen Black empowerment laws to meet the US billionaire’s conditions for ...

Sequoia Capital is hoping to cash in on rising global demand for art house cinema after leading a $100mn investment in Mubi that values the indie streaming service at $1bn, marking a rare foray into ...

Some of the eight countries involved are overproducing their quotas, meaning that the ultimate increase in Opec+ output may be lower. But the new supply will test the resilience of the oil price, ...