by sundelbolong | Apr 30, 2020 | Business & Finance News
Stock markets plunged on Thursday after economic growth data confirmed fears of Covid-19’s bruising impact on the world economy. Key eurozone markets were more than 2% down at the close, while London dropped even more sharply. On Wall Street the Dow Jones index...
by sundelbolong | Apr 30, 2020 | Business & Finance News
Fly from New York to London, and you may occasionally travel back in time. British Airways flies more Boeing 747-400s than any other passenger airline, roughly one in five of those still in operation. Every so often, a Trans-Atlantic trip involves trying to catch a...
by sundelbolong | Apr 30, 2020 | Business & Finance News
Trade union Solidarity is heading to the Constitutional Court after it failed in its bid to have the empowerment-based criteria for the allocation of coronavirus relief funds to tourism businesses affected by the pandemic declared unlawful. Solidarity and its civil...
by sundelbolong | Apr 30, 2020 | Business & Finance News
The JSE reversed earlier gains in the afternoon session as it slumped to close weaker on Thursday. The local bourse had managed to open firmer following a rally in Asian stocks in earlier trading. However, the turn was brought about by a flurry of weak readings across...
by sundelbolong | Apr 30, 2020 | Business & Finance News
South Africa’s airline industry looks set to remain in crisis territory for the rest of the year with Comair, the owner of kulula.com and the local operator for British Airways, now expecting to only resume operations in either October or November. The airline has not...