TimesLIVE Podcasts BusinessLIVE - For Your Ear

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
840 – 860

Vladimir Putin will have last word in Belarus — and that word will be ‘mine

It’s hard to think of anything more ominous than Russian President Vladimir Putin offering you his “assistance” so you can “resolve the problems” that are keeping you busy. But that’s what Putin has just promised to Alexander Lukashenko, the embattled and apparently fading dictator of Belarus. As the post-Soviet state,…
18 Aug 2020 5AM 5 min

Why the UK is pushing so hard to be the first vaccine maker

London — At the Global Vaccine Summit he hosted in June, Prime Minister Boris Johnson was keen to remind the audience that it was a British doctor, Edward Jenner, who pioneered vaccinations. Now it is the Jenner Institute at the University of Oxford that is leading the drive for an…
18 Aug 2020 4AM 5 min

Trump’s new move on Huawei invites Beijing retaliation

Taipei — A new US edict limiting Huawei Technologies’ access to technology is more than just an incremental measure against the Chinese telecommunications company. It threatens to kill the company, which invites retaliation from Beijing. In May, the administration of President Donald Trump mandated that manufacturers globally could not use…
18 Aug 2020 3AM 4 min

Most South Africans rely on debt to make it through the month

Almost 80% of South Africans seek expensive unsecured loans to help them meet their monthly financial obligations, a survey by fintech platform PayCurve shows. Many people are forced to work two jobs, if they are able to find any, and they take loans to buy food, cover emergency expenses, such…
18 Aug 2020 3AM 1 min

Trump the wrong president for US, says Michelle Obama

Bethesda/Washington — Michelle Obama has painted a dark picture of Donald Trump’s America, telling Democratic National Convention viewers that the president lacks the empathy and character to govern. Calling Joe Biden “a profoundly decent man”, Obama said she saw first-hand during the presidency of her husband how the job requires…
18 Aug 2020 3AM 3 min

Asian shares sluggish as Sino-US tensions rise

Hong Kong/New York — Asian stocks inched up on Tuesday as Sino-US tensions weighed on optimism generated by Wall Street’s tech-driven rally, while the dollar dropped against almost all major currencies. The Trump administration announced on Monday it would further tighten restrictions on China’s Huawei Technologies, aimed at cracking down…
18 Aug 2020 2AM 2 min

JOAN MULLER: How the rich will shift to ‘wealth whispering’

With the economy moving to level 2 from today, luxury brands will be pinning their hopes on the super rich to prop up sales, after a horrific few months has seen retail chains shutter stores. But it’s an expectation that looks increasingly like wishful thinking. Covid-19 has not only plunged…
18 Aug 2020 2AM 4 min

Oil slips as producers get close to agreed output cuts

Tokyo — Oil prices slipped on Tuesday, though they mostly held on to overnight gains after Opec+ said the producer grouping is almost fully complying with output cuts to support prices amid a drop in demand for fuels due to the coronavirus pandemic. Brent crude was down 22c, or 0.5%,…
18 Aug 2020 1AM 1 min

Gold gains on dollar weakness

Bengaluru — Gold prices extended gains to inch closer to the $2,000 mark on Tuesday as the dollar weakened, with traders also focusing on minutes from the US Federal Reserve’s last policy meeting set to be released this week. Spot gold rose 0.2% to $1,990.13 an ounce by 3.50am GMT…
18 Aug 2020 1AM 2 min

JSE faces mostly higher Asian markets on Tuesday

The JSE faces mixed, but mostly higher, Asian markets on Tuesday morning, with sentiment given a lift by positive comments regarding a new US stimulus deal. US House speaker Nancy Pelosi signalled she was willing to negotiate over a new package, injecting hope that a political deadlock will be broken…
18 Aug 2020 1AM 1 min

Nasdaq hits record close on tech rally

New York — The Nasdaq surged to a record high close on Monday, while the S&P 500 approached its own record level, with both lifted by Nvidia and other technology stocks. The benchmark S&P 500 reached just shy of its February 19 intraday record high after testing that level for…
17 Aug 2020 5PM 3 min

Mogadishu hotel attack death toll rises to 16

Mogadishu — At least 16 people were killed on Sunday when Islamist insurgents attacked a seaside hotel in Somalia's capital Mogadishu, a government spokesperson said. Al-Shabaab militants launched a similar assault on a Somali military base on Monday in which at least five soldiers died. The toll from the hotel…
17 Aug 2020 3PM 2 min

Lukashenko jeered as thousands of workers in Belarus down tools

Minsk — Workers across Belarus went on strike and joined mass protests against long-time ruler Alexander Lukashenko, who was met with jeers and calls to resign when he visited a factory in the capital, Minsk, on Monday. Lukashenko insisted he would not step down and instead proposed changes to the…
17 Aug 2020 3PM 4 min

US tightens restrictions on Huawei’s access to chips

New York — The US commerce department announced further restrictions on Huawei Technologies aimed at cutting the Chinese company’s access to commercially available chips, the latest move in an increasingly tense relationship between the world’s two biggest economies. The changes, which the department announced in a written statement on Monday,…
17 Aug 2020 3PM 3 min

Trump administration authorises plan to drill in Arctic National Wildlife Refuge

Washington — The Trump administration on Monday authorised a sweeping plan to sell drilling rights and spur oil development in Alaska’s rugged Arctic refuge, setting up a possible auction by the end of 2020 and a political clash if the president loses the November election. The interior department’s decision approves…
17 Aug 2020 2PM 6 min

Labour seeks new review of R200bn loan scheme to benefit more businesses

The labour sector has called for another review of the R200bn loan guarantee scheme to allow more companies to benefit from the Covid-19 pandemic relief initiative and save jobs. The scheme, which forms part of the R500bn social and economic relief package announced by President Cyril Ramaphosa in April, is…
17 Aug 2020 2PM 3 min

Health care may be disrupted when Nehawu members protest on Friday

Members of the National Education, Health and Allied Workers Union (Nehawu), the third-biggest public service trade union, will apply for a day’s leave across the country on Friday and hold lunch-hour pickets in the last week of August, protesting against the shortage of staff and personal protective equipment (PPE). They…
17 Aug 2020 1PM 3 min
840 – 860