The petrochemical group says 'unprecedented low oil prices' and impairments of R111.6 billion resulted in a loss of R91.3 billion.The group expects global oil prices to remain low for up to 18 months. The company's total debt has increased to R189.7 billion.Sasol has ended a turbulent year with a loss of R91.3 billion.The petrochemical group's year…
Sasol has sent a letter to employees warning of upcoming jobs cuts.The petrochemicals company says it is under severe financial pressure and won't survive the crisis unless stringent actions are taken.The group's bottom line has been hammered by a plunge in global oil prices. Sasol will begin dismissing employees from mid-August as part of a cost…
Sasol se logo buite die maatskappy se kantore in Johannesburg. Foto: Nadine Hutton, Bloomberg Sasol [JSE: SOL] has received offers from firms including Ineos Group for a large stake in a US chemical complex it is selling to shore up its finances, according to people familiar with the matter.Chevron Phillips Chemical and LyondellBasell Industries are…
Published: October 30, 2026, 10:16 pm Several reports of children choking have led to an FDA warning against Once Upon A Time snacks. The warning covers all flavors, quantities, lots and dates of Once Upon A Farm Tractor Wheels Organic, Toddler Soft-Baked Bars. The FDA has received several reports that describe infants ages 1.5 to
The FDA has cleared the interleukin (IL)-23 inhibitor tildrakizumab (Ilumya) for the treatment of active psoriatic arthritis (PsA) in adults. Sun Pharma announced the approval on October 30. “As an IL-23 inhibitor administered exclusively by a healthcare provider, Ilumya is now an option for adults with active psoriatic arthritis who are unable to self-administer treatment
Millions of Medicare enrollees who buy stand-alone prescription drug plans will see their average monthly premiums rise by 50% in 2027, a new analysis finds. But enrollees can avoid the average increase — from $34 a month to $51 — by switching to lower-cost plans during the program’s open enrollment period, which runs through Dec.