What’s up with Elon Musk, songs and the market? This week he sent the share price of Samsung Publishing Co. surging after tweeting about the popular kiddie jingle ‘Baby Shark’. This morning it was Bitcoin. With Linkin Park’s ‘In the End’ and a broken heart emoji he caused Bitcoin to lose 3.4%, denting this week’s stabilisation in the crypto sector after a rout in May, reports Bloomberg.
Jobs data in the US and UK are boosting hopes of faster economic recoveries. In the US jobless claims dipped to another pandemic low, while in the UK the hiring rate hit a 23-year high.
In South Africa, the net is closing in on the Guptas with the NPA seeking the help of Interpol to arrest two brothers and their wives.
Here’s a round-up of the world’s top and most interesting business headlines: