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BusinessLIVE - For Your Ear

Listen to the latest BusinessLIVE articles from the news desk of Business Day, Financial Mail and the Business Times.

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Daily English South Africa Business News · News
12,931 Episodes
168 – 188

World shares slightly down as tech recovery in doubt

Milan/Tokyo — World shares struggled to stabilise on Tuesday as doubts about a recovery in tech stocks lingered after last week’s rout, while the dollar steadied as investors pondered whether policy signals from the European Central Bank (ECB) this week could weaken the euro. Fresh tensions between Washington and Beijing…
8 Sep 2020 5AM 3 min

Belarus border patrol detains activist Maria Kolesnikova after attempt to leave

Moscow/Kiev — Belarusian protest leader Maria Kolesnikova was detained while trying to enter Ukraine in the early hours of Tuesday morning, a Belarusian border official told Reuters, a day after her allies said she had been grabbed off the street by masked men. The circumstances of her attempted journey to…
8 Sep 2020 5AM 2 min

How 2020 has even more ways to cripple global trade

Geneva — 2020 could end today and it would still rival the most challenging periods for the international trading system. But the next three-and-a-half months may bring even more potential disruptions that could secure 2020’s spot as the most turbulent in modern history. Several key events will occur that have…
8 Sep 2020 5AM 5 min

Shots fired into the air at tense India and China border

New Delhi/Beijing — India and China have accused each other of firing into the air during a new confrontation on their border in the western Himalayas, in a further escalation of military tension between the nuclear-armed nations. Hundreds of troops are in eyeball-to-eyeball proximity along the remote border, which erupted…
8 Sep 2020 5AM 2 min

Oil prices still falling on poor demand and virus flare-ups

London — Oil fell below $42 a barrel on Tuesday, its fifth session of decline, pressured by concerns that a recovery in demand could weaken as coronavirus infections flare up around the world. Coronavirus cases rose in 22 of the 50 US states, a Reuters analysis showed on the Labour…
8 Sep 2020 5AM 2 min

Boris Johnson’s Brexit rollercoaster raises few shrieks for now

London — Boris Johnson’s threat to walk away from the EU without a trade deal is leaving most economists and traders unruffled for now. After years of negotiations punctuated by ultimatums and standoffs before the UK finally left the bloc in January, many analysts are yet to be convinced by…
8 Sep 2020 5AM 3 min

Oil slips amid worry about demand

Melbourne/Singapore — Oil prices fell on Tuesday amid the concern that a possible rise in Covid-19 cases following the US Labor Day long weekend, which also marks the end of the peak US driving season, could squeeze demand for fuel. Coronavirus cases rose in 22 of the 50 US states,…
8 Sep 2020 2AM 2 min

Gold dips on stronger dollar

Bengaluru — Gold prices slipped on Tuesday, weighed down by a stronger dollar, but the safe-haven metal’s decline was limited by the growing fear over the global economic recovery from the coronavirus crisis. Spot gold was down 0.2% at $1,925.09/oz by 3.20am GMT. US gold futures fell 0.2% to $1,931.20…
8 Sep 2020 2AM 2 min

BRUCE WHITFIELD: The EFF’s misplaced Clicks rage

The irony of the Economic Freedom Fighter’s (EFF) blockade and arson attacks on Clicks stores over racism allegations is that the group is the only major JSE-listed retailer to have not divested from SA in recent years. Instead of packing for Perth, Pennsylvania or Plymouth like most of its peer…
8 Sep 2020 1AM 3 min

RAZINA MUNSHI: SA’s Covid-19 exit strategy won’t be easy

The parks are full, the coronavirus is on the retreat, and the optimism hanging over SA’s cities is palpable for the first time in months. Its spring! But is this joy inappropriate? Are our hopes for a vaccine, for a return to the social lives that we knew, for a…
8 Sep 2020 1AM 4 min

Asian shares recover after small bounce in European markets

Tokyo/Hong Kong — Asian shares and US stock futures regained some footing on Tuesday following a small bounce in European markets as investors looked to whether high-flying US tech shares could recover from their recent rout. Japan’s Nikkei advanced 0.4% as revised data confirmed the nation had slumped into its…
8 Sep 2020 1AM 3 min

Gambia says US sanctions are weakening International Criminal Court

Banjul — US sanctions against top officials of the International Criminal Court (ICC) are hindering its ability to seek justice for victims of some of the world’s most serious crimes, the home of the court’s chief prosecutor said in a statement. Fatou Bensouda’s native Gambia urged the US to reverse…
7 Sep 2020 5PM 2 min

Mandela Foundation says Trump should heed Madiba’s words

The Nelson Mandela Foundation has criticised reported remarks by US President Donald Trump that denigrated the late former president. The Washington Post reported on Sunday that Michael Cohen, Trump’s former lawyer and personal fixer, alleged in a new book that the US president did not think Mandela was a real…
7 Sep 2020 4PM 1 min

Trump and Biden clash over coronavirus vaccine

New York — President Donald Trump hinted on Monday that the US could approve a coronavirus vaccine in October, ahead of the November election, as Democratic rival Joe Biden demanded transparency from the government as it studies the vaccine. “This could’ve taken two or three years, and instead it’s going…
7 Sep 2020 4PM 2 min

China’s exports in August up by a solid 9.5% from year earlier

Beijing — China’s exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed coronavirus lockdowns in a further boost to the recovery in the world’s second-biggest economy. Exports in August rose a solid 9.5% from a year earlier,…
7 Sep 2020 3PM 4 min

Former Eskom CEO says he was fired to make way for Brian Molefe

Five years after leaving Eskom, Tshediso Matona is still in the dark about the precise reason he was ousted after serving as its CEO for only five months. Matona appeared at the state capture inquiry on Monday to give testimony about his controversial exit from Eskom. He was appointed as…
7 Sep 2020 2PM 2 min

Alexei Navalny out of medically induced coma, says Berlin hospital

Berlin — Kremlin critic Alexei Navalny has been removed from a medically induced coma and is responding to speech, Berlin's Charite hospital said on Monday. The hospital, which has been treating Navalny since he was airlifted to Germany after falling ill on a Russian domestic flight in August, said his…
7 Sep 2020 2PM 2 min

Numsa and Comair reach deal on medical scheme contributions

The business rescue practitioners for embattled airline operator Comair have yielded to union demands and agreed to continue paying their employees’ medical scheme contributions, but the parties have yet to decide on the critical wage issue. National Union of Metalworkers of SA (Numsa) spokesperson Phakamile Hlubi-Majola said the union, Comair…
7 Sep 2020 1PM 3 min
168 – 188