S.Africa's SAA workers start strike that could cripple airline

S.Africa's SAA workers start strike that could cripple airline

South African Airways’ future is hanging in the balance after its workers went on strike on Friday to demand higher wages and protest planned job cuts, forcing the struggling state-owned carrier to cancel all flights. Ciara Lee reports
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Wall Street hits records on news of trade deal

Wall Street hits records on news of trade deal

Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.
U.S. reaches 'deal in principle' with China on Trade -source

U.S. reaches 'deal in principle' with China on Trade -source

The White House has reached a "deal in principle" with Beijing to move forward with their "phase one" trade deal to resolve a 17-month trade war. Conway G. Gittens has the details.
Economy, wages will heat up in 2020 -economist

Economy, wages will heat up in 2020 -economist

The U.S. economy will gather speed next year and wage growth will as well, but not enough to move the Federal Reserve out of its newly announced neutral stance. That's the prediction of TS Lombard's chief U.S. economist Steven Blitz. Conway G.
Trump says U.S.-China trade deal 'very close' as tariffs loom

Trump says U.S.-China trade deal 'very close' as tariffs loom

Officials in China and the United States are in close communication days before tit-for-tat tariffs are due to go into effect, fueling optimism that sent Wall Street to a record high. Conway G.
Day of firsts as ECB's Lagarde pledges new style

Day of firsts as ECB's Lagarde pledges new style

Christine Lagarde struck a more upbeat tone on the economy in her first news conference as head of the European Central Bank on Thursday and promised a new style of leadership.
Regulators could sink AB InBev's $11 bln asset sale to Asahi

Regulators could sink AB InBev's $11 bln asset sale to Asahi

Australia's competition regulator has raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi.
Saudi Aramco value touches $2 trillion, defying skeptics

Saudi Aramco value touches $2 trillion, defying skeptics

Saudi Aramco shares opened sharply higher on their second day of trade, defying skeptics who say they're overvalued, and, for a while at least, taking the firm's value to the $2 trillion mark.
Federal Reserve signals rates on hold for some time

Federal Reserve signals rates on hold for some time

The Federal Reserve held interest rates steady on Wednesday and signaled borrowing costs are likely to remain unchanged indefinitely. Conway G.
U.S. stocks rise after Fed decision

U.S. stocks rise after Fed decision

Wall Street's main stock indexes ended modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Fed chief Powell gets A- grade for 2019 -investor

Fed chief Powell gets A- grade for 2019 -investor

Federal Reserve Chairman Jerome Powell held rates steady on Wednesday, after cutting rates three times this year, leading Ross Gerber of investment firm Gerber Kawasaki to switch his grade for Powell as chairman to 'A-' from 'F'.
UK PM Johnson heads for victory but poll race tightens

UK PM Johnson heads for victory but poll race tightens

British Prime Minister Boris Johnson looks on course to win Thursday's election, but a leading poll shows the race has tightened.
EU hails Green Deal as 'man on the moon moment'

EU hails Green Deal as 'man on the moon moment'

The European Union's new Green Deal policy package commits the EU to achieving carbon neutrality by 2050, along with tens of billions of euros to help member states do it.
France's prime minister defies unions with pension overhaul

France's prime minister defies unions with pension overhaul

Prime Minister Edouard Philippe defied striking workers on Wednesday with plans for a long-anticipated overhaul of France's pension system that he said would be fairer and encourage people to work longer.
Why Amazon's Deliveroo order could go astray

Why Amazon's Deliveroo order could go astray

Amazon's tie-up with Deliveroo could be at risk after UK regulators said its investment raised serious concerns about competition.
As South Africa goes dark, small businesses suffer

As South Africa goes dark, small businesses suffer

Unprecedented power cuts in South Africa this week have had a devastating impact on small and large-scale businesses alike.
World's largest IPO: Saudi Aramco makes debut

World's largest IPO: Saudi Aramco makes debut

Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, closing in on a $2 trillion valuation that would make it the world's most valuable listed company.
Zara-owner Inditex shrugs off fashion sector gloom

Zara-owner Inditex shrugs off fashion sector gloom

Inditex is shrugging off the gloom seen at some fashion retail rivals, predicting full-year same-store sales growth of up to 6%.
GM doubles down on SUVs to fund electric future

GM doubles down on SUVs to fund electric future

General Motors unveiled the first of a new generation of large sport utility vehicles designed to haul in the cash to pay for electric vehicles the automaker promises for the future.
First commercial electric plane takes flight

First commercial electric plane takes flight

An electric-powered seaplane made its first flight on Tuesday (December 10) in Richmond, Canada.
Wall Street slips as tariff anxiety mounts

Wall Street slips as tariff anxiety mounts

Wall Street's main stock indexes ended slightly lower on Tuesday (December 10) as investors awaited concrete news on whether U.S. tariffs on Chinese imports would take effect on Dec. 15.
Democrats agree to support new USMCA trade deal

Democrats agree to support new USMCA trade deal

Leaders from Canada, Mexico and the United States sign a new trade deal after democrats agree to support a revised version of the USMCA.
Don't overlook Gen X brands this holiday -strategist

Don't overlook Gen X brands this holiday -strategist

Apple, Nintendo, Lululemon, Nordstrom and brands favored by Generation X, the age group in its peak earnings and spending cycle, are among the top of the holiday season watch list for portfolio manager Eric Clark of Rational Dynamic Brands Fund. Conw
U.S. businesses paralyzed by trade uncertainty

U.S. businesses paralyzed by trade uncertainty

From a denim plant in rural Georgia to a San Diego headphone maker, nagging uncertainty over when President Donald Trump's trade wars might end, if ever, is confounding many U.S. manufacturers.
Kenyan coffee farmers grapple with low prices, climate change

Kenyan coffee farmers grapple with low prices, climate change

Beans from small Kenyan farms end up in speciality coffees from Berlin to San Francisco. But low prices, rising temperatures, and erratic rainfall are pushing farmers to the brink of collapse.