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
920 – 940

Chinese tech exposes disconnect between buyers and sellers

Even if China’s consumers are still willing to buy some products, companies lack confidence to shell out cash marketing to them. Take a look at Baidu, which just reported second-quarter numbers. The results were bad, but more than anything they highlight how this disconnect is playing out in the technology…
14 Aug 2020 5AM 2 min

Global shares dip on US stimulus delay and weak Chinese data

London/Tokyo — Global shares dipped on Friday after lacklustre Chinese economic data and worries about a delay in US fiscal stimulus discouraged some investors from taking on risk. European shares were also dragged lower by a hit to travel stocks after Britain added more European countries to its quarantine list…
14 Aug 2020 5AM 3 min

Historians agree UK is loathe to address own role in transatlantic slave trade

London — The images went everywhere: angry demonstrators in the 1,000-year-old British city of Bristol toppled the statue of an 18th century slave trader and heaved it into the Avon. As curator at Britain’s only museum dedicated to slavery, Jean-Francois Manicom wasn’t surprised the 125-year-old monument was caught up in…
14 Aug 2020 5AM 5 min

Oil gives up weekly gains on doubt about demand recovery

London — Oil slipped further below $45 a barrel on Friday, giving up this week’s gains, under pressure from doubts about demand recovery due to the coronavirus pandemic and rising supply. Two prominent forecasters, the International Energy Agency and Opec, trimmed their 2020 oil demand forecasts this week. Opec and…
14 Aug 2020 4AM 1 min

Forced isolation the proven way to cut Covid-19 transmission

Beijing/Sydney — Flare-ups from Australia to Japan show the world has not learnt an early lesson from the coronavirus crisis: to stop the spread, those with mild or symptom-free coronavirus infections must be forced to isolate, both from their communities and family. In Australia, where Victoria state has been reporting…
14 Aug 2020 4AM 6 min

Oil inches higher as US demand improves

Tokyo — Oil prices were higher on Friday and on track for a second week of gains amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide. Brent crude was up 14c, or 0.3%, at $45.10 by 5.50am GMT,…
14 Aug 2020 2AM 1 min

Underground trade on the rise as speakeasies take off in dry SA

In an Italian bistro in an upmarket Johannesburg neighbourhood, smiling patrons chat at candlelit tables in a scene reminiscent of less-troubled times before the Covid-19 pandemic. But there is no alcohol on the menu. Instead, diners order red or white “coffee” served in grey mugs, the telltale sign of a…
14 Aug 2020 2AM 4 min

Asian stocks stumble on Chinese data

Tokyo/Boston — Asian shares fell on Friday after lacklustre Chinese economic data and worries about a delay in US fiscal stimulus discouraged some investors from taking on risk. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.24%, though shares in Japan rose 0.07%. South Korean stocks fell 1.27% after…
14 Aug 2020 1AM 3 min

Gold on track for first weekly decline since early June

Gold fought for traction on Friday as a jump in US Treasury yields forced investors to reassess their positions again after a steep retreat from a record peak earlier this week, which put bullion on course for its first weekly fall since early June. Spot gold was down 0.1% at…
14 Aug 2020 1AM 2 min

LEBOGANG MOKOENA: Maybe maths is the problem

With all the revelations slowly trickling out — like the misuse of Covid relief funds, and the water department unable to account for R220m in drought relief funds — we should be asking just who in our executive is in charge of the numbers. Pride of place for the most…
13 Aug 2020 5PM 4 min

ROB ROSE: Heat rises, as Dlamini Zuma hits out at ‘unqualified’ Basson

Even though the government seems to be on the verge of scrapping its booze ban, the heat is rising between cooperative governance minister Nkosazana Dlamini Zuma and former Shoprite CEO Whitey Basson ahead of a court clash next week. Next Tuesday, the High Court in Pretoria will hear an application…
13 Aug 2020 4PM 6 min

Trump opposes postal service funding to block vote by mail

Washington — President Donald Trump Thursday directly tied his opposition to a proposed $25bn financial lifeline for the Postal Service to his criticism of efforts to encourage mail-in voting during the coronavirus pandemic. In an interview with Fox Business’s Maria Bartiromo, the president said Democrats “need that money to have…
13 Aug 2020 4PM 2 min

Philippines says former Wirecard executive Christopher Bauer died weeks ago

Manila — Former Wirecard executive Christopher Bauer, one of several people being investigated over a multibillion-dollar fraud at the German payments firm, died in the Philippines in July, the justice ministry confirmed on Thursday. Bauer died of natural causes in a hospital in the capital Manila on July 27 and…
13 Aug 2020 3PM 1 min

Paying with Gupta money suited Malusi Gigaba, state capture inquiry hears

Former minister Malusi Gigaba paid for his tailored suits in cash, allegedly given to him by the Gupta family, the state capture commission heard on Thursday. This was according to Gigaba’s former bodyguard, who was testifying at the state capture commission with the alias “Witness 3”, out of fear for…
13 Aug 2020 2PM 1 min

France angers Turkey with plans to boost military presence in Mediterranean

Ankara — President Recep Tayyip Erdoğan said on Thursday that any attack on a Turkish ship exploring for gas in disputed Mediterranean waters would incur a “high price” after France said would increase its military presence in the region Tensions in the eastern Mediterranean have risen sharply this week after…
13 Aug 2020 2PM 2 min

How to ... help women-owned SMEs

A community’s health, education and child nutrition improve when women earn higher incomes, according to research done by UN Women, and entrepreneurship is a good way for women in poorer communities to earn more. However, around the world many female small and medium enterprise (SME) owners face particular challenges due…
13 Aug 2020 1PM 1 min

Israel and UAE reach historic deal, with Donald Trump’s help

Washington — Israel and the United Arab Emirates (UAE) reached a historic deal on Thursday that will lead to a full normalisation of diplomatic relations between the two Middle Eastern nations in an agreement that US President Donald Trump helped broker. Under the agreement, Israel has agreed to suspend applying…
13 Aug 2020 12PM 4 min

Gauteng to name companies that scored Covid-19 tenders

Gauteng premier David Makhura has promised to name every company that scored from Covid-19 tenders as it seeks to put a lid on corrupt activity that has bedevilled its fight against the pandemic. This is in addition to his announcement last week that the State Security Agency (SSA) would conduct…
13 Aug 2020 11AM 3 min
920 – 940