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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
12,928 Episodes
32 – 52

Trump’s rehashed promises on China risks giving Biden the upper hand

President Donald Trump is reviving his 2016 campaign playbook on attacking China, but running as the incumbent means defending a record of only limited success in rewriting the economic relationship with Beijing. Much of what the Trump team has laid out in recent weeks sounds like campaign promises made four…
11 Sep 2020 4AM 5 min

Europe to blame for burning of Moria refugee camp

It almost doesn’t matter who started the fires this week in the squalid refugee camp on Lesbos called Moria, leaving thousands to sleep on the streets. It could have been the desperate migrants, dwelling in cramped tents without clean toilets and forced by Covid-19 to “quarantine,” whatever that may mean…
11 Sep 2020 3AM 5 min

Gold dips as dollar gains ground

Gold prices fell on Friday as the US dollar rebounded, but was on track for a weekly gain underpinned by worries over a global economic recovery from the coronavirus-led slump. Spot gold was down 0.8% at $1,938.53/oz at 3.08am GMT, after hitting its best level since September 2 at $1,965.94/oz…
11 Sep 2020 2AM 2 min

Asian shares falter as sell-off on Wall St resumes

Tokyo — Asian shares struggled to stem a bearish mood on Friday after US big tech firm shares fell again overnight on growing doubts about US stimulus and worries about their stretched valuations. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, hovering just above a one-month trough touched…
11 Sep 2020 1AM 3 min

Oil extends losses on demand concerns

Tokyo — Oil prices fell for a second day on Friday, pressured by a surprise rise in US stockpiles as the coronavirus pandemic continues to erode demand for fuels. Brent crude was down 18c, or 0.5%, at $39.88 a barrel by 3.37am GMT, after falling nearly 2% on Thursday, while…
11 Sep 2020 1AM 2 min

JSE faces mixed Asian markets on Friday

The JSE faces mixed Asian markets on Friday morning, with trade in US markets volatile overnight as tech stocks continue to be sold off. Tech stocks have fared well so far in 2020, and have been under pressure in September, in what some analysts said was an inevitable correction. What…
11 Sep 2020 1AM 1 min

First case of African swine fever found in Germany

Berlin — African swine fever, a deadly pig disease, has materialised in Germany for the first time, threatening to hammer exports from Europe’s biggest pork-producing nation. A confirmed case of African swine fever has been identified in the eastern state of Brandenburg, agriculture minister Julia Kloeckner said on Thursday at…
10 Sep 2020 5PM 4 min

Wall Street closes lower as tech stocks resume fall

New York — US stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline after a sharp rebound the previous session, while elevated jobless claims reminded investors of a difficult recovery ahead. Names that have rallied since March lows, such as Apple, Microsoft…
10 Sep 2020 4PM 3 min

TELITA SNYCKERS: How SA loses from tobacco’s hidden tax breaks

With the government facing a budget shortfall of R1.1-trillion an tax collections 20% lower than last year, you’d think it would be happy for whatever extra revenue it could get. At the annual Tax Indaba this week, Keith Engel, the CEO of the SA Institute of Tax Professionals, spoke of…
10 Sep 2020 4PM 5 min

US sanctions ‘Russian agent’ in Ukraine who worked with Rudy Giuliani

Washington — The Treasury department sanctioned Andrii Derkach, a member of the Ukrainian parliament who met with Rudy Giuliani, President Donald Trump’s personal lawyer, in 2019, alleging he is a Russian agent trying to influence the 2020 US presidential election. Between May and July of 2020, Derkach released edited audio…
10 Sep 2020 4PM 5 min

SHIRLEY DE VILLIERS: Will we really have a vaccine by November?

US President Donald Trump has never been one to let the truth get in the way of his personal ambition. So, faced with the very real risk of being a one-term president, it’s unsurprising that he’d try pin his political salvation on a coronavirus vaccine — or, at least, on…
10 Sep 2020 4PM 6 min

George Bizos made heroic choices every day for 64 years

I first met George Bizos in 2004 as a candidate attorney at the Legal Resources Centre (LRC). He generously gave of his time to me and the many other candidate attorneys that passed through the doors of the organisation over the years. He would happily spend time discussing matters we…
10 Sep 2020 4PM 3 min

EDITORIAL: Carry on like this, and Ramaphosa will be no hero history

President Cyril Ramaphosa’s question-and-answer session with journalists on Wednesday evening was a valuable exercise for the media and the public and hopefully also for the president. While Ramaphosa does a large number of public events and answers questions in parliament with regularity, taking questions from the press is an important…
10 Sep 2020 1PM 3 min

Taiwan lambastes China after military drills enter its defence zone

Taipei — Taiwan denounced China on Thursday over large-scale air and naval drills off its southwestern coast which it called a serious provocation and a threat to international air traffic. It urged Beijing to rein in its armed forces. China, which claims democratic Taiwan as its own, has stepped up…
10 Sep 2020 1PM 2 min

Blaze at Beirut port mostly contained but alarms residents

Beirut — A large fire erupted at the Port of Beirut on Thursday, engulfing parts of the Lebanese capital in a pall of smoke weeks after a massive blast devastated the port and surrounding residential area. The blaze began in the shattered duty free zone of the port, prompting some…
10 Sep 2020 12PM 2 min
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