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…
State and federal public health officials are investigating a new outbreak of infant botulism poisoning. So far the outbreak has sickened three babies across three states: California, Pennsylvania and Washington, according to the Food and Drug Administration. The California Department of Public Health has reported that the infections are among infants who were fed Nara
The recalled product was distributed nationally through the online platforms, Amazon, Walmart, TikTok Shop, Target, and the company's websites, tnvitamins.com and doctorspride.com. Published: June 12, 2026, 10:11 pm Total Nutrition Inc. of Deer Park, NY is voluntarily expanding its recall of TNVitamins and Doctor's Pride Ultra Potent Complete Green Superfood Moringa Capsules because they have
The consumer group wants the USDA to release information about previously approved testing methods the department now says are unsatisfactory because of false positives. Published: June 12, 2026, 12:05 am Consumer Reports says the USDA should release information about Salmonella testing methods for some chicken products that it first deemed adequate but under the Trump