Flash Briefing: SA's gas strike joy; WeWork opening in Jhb; Twitter drops 10%; Secret Brexit no deal stimulus plan
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In today’s global business headlines……
South Africa’s wait for a meaningful oil and gas discovery ended yesterday when the consortium headed by Total announced a gas find of about a billion barrels of oil equivalent with four more exciting prospects in the pipeline.
Twitter yesterday reported its first full year of profitability and record quarterly revenue of over $900m for the three months to end December, but even so the share price fell 10% to just over $30.
The UK has drawn up a secret plan to boost the UK economy in the event of a no deal Brexit.
In more South African related news, the world’s leading shared office business WeWork has announced it will be opening in Rosebank, Johannesburg during the third quarter of the year.
South Africa’s wait for a meaningful oil and gas discovery ended yesterday when the consortium headed by Total announced a gas find of about a billion barrels of oil equivalent with four more exciting prospects in the pipeline.
Twitter yesterday reported its first full year of profitability and record quarterly revenue of over $900m for the three months to end December, but even so the share price fell 10% to just over $30.
The UK has drawn up a secret plan to boost the UK economy in the event of a no deal Brexit.
In more South African related news, the world’s leading shared office business WeWork has announced it will be opening in Rosebank, Johannesburg during the third quarter of the year.
