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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.

This audio is produced directly from the text article.
Daily English South Africa Business News · News
12,931 Episodes
640 – 660

This is what Donald Trump has done in nearly four years, and what he has not

Washington — President Donald Trump made some of his flashiest 2016 campaign pledges in foreign policy areas, such as vowing to re-evaluate the US relationship with Nato, abandon a landmark nuclear deal with Iran and bring US troops back from “forever wars.” The Republican president, a former businessperson from New…
24 Aug 2020 7AM 5 min

QAnon’s conspiracy theories are music to Russia’s ears

San Francisco — Russian government-supported organisations are playing a small but increasing role amplifying conspiracy theories promoted by QAnon, raising concerns of interference in the November US election. Academics who study QAnon said there were no signs that Russia had had a hand in the early days of the movement,…
24 Aug 2020 7AM 3 min

Back to school for UK’s children but parents are not convinced

September is being cast as a fresh start for the Covid-19-battered UK. Children will return to school, their parents can resume disrupted work lives and Britain’s economy can begin to right itself. Is there anything a shiny new pencil case can’t fix? “Even as adults, that feeling of going back…
24 Aug 2020 6AM 5 min

Insurers must offer digital solutions that lift accessibility and educate clients

Even before the Covid-19 pandemic hit, SA’s traditional insurers had been contending for relevance and market share in an increasingly competitive and digitally transforming consumer landscape. What we saw happening from about 2016 is verified by various pieces of research by the big consulting firms and local universities, highlighting the…
24 Aug 2020 5AM 4 min

Ailing fund manager AMP can learn lesson from rockers Van Halen

Rockers Van Halen had an infamous way of spotting problems when they were setting up for live gigs. Tour riders at concerts would request bowls of M&M’s backstage with all the brown candies removed. Rather than a symptom of rock-’n-roll excess, the demand was a test for venue managers setting…
24 Aug 2020 5AM 4 min

Global equity markets up for second session in a row

London — Equity markets gained for a second straight session on Monday as hopes for a coronavirus treatment boosted risk assets and markets geared up for the US. Federal Reserve's annual Jackson Hole meeting later in the week. Europe's pan-regional Stoxx 600 rose 1.3% and the global benchmark added 0.4%…
24 Aug 2020 5AM 3 min

LOS ANGELES TIMES: Plastic pandemic in Covid era

Long before the novel coronavirus that causes Covid-19 first jumped to humans the world was dealing with another plague threatening human health and wellbeing: plastic trash. Plastic from single-use products has been filling up landfills over the last seven decades, ever since it became widely used in commercial products. In…
24 Aug 2020 5AM 2 min

Luck starts running out for butcher who became gambling billionaire

Vienna — Billionaire Johann Graf has never had to fight on so many fronts simultaneously. The ordinary-man’s gambling company, Novomatic, the 73-year-old Austrian butcher-turned-tycoon created four decades ago, is raking in smaller profits as the pandemic drives people away from slot machines in casinos from Las Vegas to Macau. His…
24 Aug 2020 3AM 9 min

Oil holds its ground in face of approaching storms and concerns over fuel demand

Singapore — Crude oil prices remained steady on Monday as storms closed in on the Gulf of Mexico, shutting more than half the region’s oil production, though prices were capped by ongoing concerns about fuel demand being sapped by coronavirus lockdowns. Brent futures slipped 2c, or 0.1%, to $44.33 a…
24 Aug 2020 1AM 2 min

Asian stocks keep rising on hopes over coronavirus treatment

Sydney — Asian shares advanced for a second consecutive session on Monday, underpinned by coronavirus hopes after the US Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option. The announcement from the US FDA of a so-called “emergency use authorisation” came…
24 Aug 2020 1AM 3 min

Gold loses ground as investors regain appetite for risk

Bengaluru — Gold prices fell on Monday as risk sentiment improved after the US drug regulator authorised the use of blood plasma from recovered Covid-19 patients as a treatment option, and the dollar held firm. Spot gold was down 0.3% to $1,934.13 per ounce by 5.17am after hitting a one-week…
24 Aug 2020 1AM 2 min

ROB ROSE: Like it or not, SA lurches towards IMF

Mteto Nyati, CEO of technology company Altron, has never shied away from speaking his mind. Still, his declaration this weekend that “the ANC has gone past its sell-by date ... it is time for change” was brave, given how vindictive the governing party tends to be towards business leaders who…
24 Aug 2020 1AM 7 min

Covid-19 treatment hopes may boost JSE on Monday

The JSE may take its lead from firmer Asian markets on Monday morning, with sentiment lifted by positive news on the Covid-19 front. The US has authorised a treatment for Covid-19 patients using blood plasma, while there are further hopes a vaccine will be approved in coming months. Covid-19 cases…
24 Aug 2020 1AM 1 min

US FDA authorises blood plasma to treat Covid-19

Washington — The Trump administration authorised emergency approval of a new coronavirus therapeutic treatment and is reportedly considering fast-tracking a vaccine developed in Britain, the day before the start of the Republican National Convention. The US Food & Drug Administration (FDA) on Sunday said it had authorised the use of…
23 Aug 2020 5PM 2 min
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