BizNews Daybreak Thursday 11th December - Fed rate cut; Oracle, Uber slump; Mr Price smashed; Eskom on smelter deal
Update: 2025-12-11
Description
Seize the day with the freshest news you can use to help you conquer another active business day - from the team at BizNews and our global partners. This episode features the latest from the US, where the Federal Reserve cut interest rates for the third successive FOMC meeting, buoying the stock market - but that won't help the mood of Oracle and Uber shareholders, both stocks falling overnight. Locally, it's all gloom in the Mr Price boardroom after the market smashed the share price on the news of the retailer's R10bn European acquisition. More on Eskom's new template for dealing with industry and the Aussie social media ban for under 16s.
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