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AllAfrica News: Economy,

Tanzania: 19 People Dead Ingrisly Mbeya Road Accident 2019-02-22 09:31:30[Citizen] Mbozi -Seventeen people died on the spot in Mbeya and two others were pronounced dead at hospital after a minibus they were travelling in co

South Africa: South Africa Takes Important Next Steps 2019-02-22 08:59:01[The Conversation Africa] In his maiden budget speech, South Africa's Finance Minister Tito Mboweni, confirmed the depth of the financial crisis at S

South Africa: SARS Swoops On Bosasa 2019-02-22 06:16:29[News24Wire] A team of South African Revenue Service officials arrived at Bosasa's head office shortly after noon on Friday to execute a search and s

South Africa: Liquidator Moves to Secure Documents, Computers 2019-02-22 06:08:59[News24Wire] Within hours of being notified of his appointment as a liquidator for the Bosasa group of companies, a Johannesburg based insolvency prac

Zimbabwe: Bread Shortages Imminent in Zimbabwe 2019-02-22 05:56:24[CAJ News] Harare -SHORTAGES of bread are looming in Zimbabwe amid revelations the country was left with a week's supply of flour.

Malawi: Fake Seed Still Rampant On Market - 2019-02-22 05:23:15[Nyasa Times] Seed companies in the country say despite efforts to end the problem of fake seed on the market, the issue is still persisting mainly be

Zimbabwe: Malaysia Rejects Aircraft Deal Reversal 2019-02-22 05:02:33[Zimbabwe Independent] Malaysian Airlines has turned down the Zimbabwean government's request to reverse a deal for the purchase of two Boeing 777 pl

South Africa: Hope for Unemployed Social Workers 2019-02-22 05:01:58[SAnews.gov.za] The Department of Social Development has called on all unemployed social workers and auxiliary social workers to register on the depar

South Africa: Mzimvubu Project to Improve Water Supply, 2019-02-22 04:58:42[SAnews.gov.za] Water supply in the Eastern Cape is set to improve with the launch of the Mzimvubu Water Project's advanced infrastructure.

Zimbabwe: Can Air Zimbabwe Be Run Profitably? 2019-02-22 04:55:18[Zimbabwe Independent] Air Zimbabwe was placed under reconstruction on October 4 2018 after operating for over 51 years in the skies.

Zimbabwe: Govt's Mega Projects Stall 2019-02-22 04:47:44[Zimbabwe Independent] After earning the uncanny title of "Mr Groundbreaking" for his vast portfolio of much-publicised investment "mega deals" wh

Zimbabwe: Nespresso to Launch First Zimbabwean Coffee 2019-02-22 04:47:04[Zimbabwe Independent] Nespresso, a coffee company wholly-owned by Nestlé, is set to launch its first Zimbabwean coffee in 15 countries in May

Reuters: Business News

Trump says he's inclined to extend China trade 2019-02-22 21:54:44President Donald Trump said on Friday there was "a very good chance" the United States would strike a deal with China to end their trade war and tha

Trump says could include Huawei and ZTE in 2019-02-22 21:54:44U.S. President Donald trump said on Friday he may or may not include Chinese telecommunications companies Huawei Technologies and ZTE Corp in the trad

Microsoft workers demand it drop $480 million U.S. 2019-02-22 20:52:01Some Microsoft Corp employees on Friday demanded that the company cancel a $480 million hardware contract to supply the U.S. Army, with 94 workers si

Kraft Heinz shares fall 28 percent after writedown, 2019-02-22 20:11:38Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed a $15 billion write-down on its marquee brands, raising co

NY governor orders probe into Facebook access to 2019-02-22 18:52:47New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal

Brazil judge suspends Embraer-Boeing tie-up negotiations: court document 2019-02-22 18:22:23A Brazilian judge on Friday suspended negotiations for the tie-up of Brazilian aircraft maker Embraer SA and Boeing Co, according to a court document.

No more MOUs! USTR Lighthizer tweaks trade terminology 2019-02-22 18:17:11In trade talks between the United States and China, Memorandums of Understanding - the building blocks of what would be a historic deal - are official

Fed's policy pause sets stage for broad overhaul 2019-02-22 18:09:23When Federal Reserve policymakers last month put a three-year rate-hike campaign on hold and backed ending a yearlong push to shrink their $4 trillion

Flattening U.S. yield curve in late 2018 'flashing 2019-02-22 18:09:04A flattening U.S. yield curve in December, which was close to being inverted, was "flashing red" about a deceleration in U.S. economic growth headin

FCA sets $14 million annual target compensation for 2019-02-22 17:50:20Fiat Chrysler Automobiles NV (FCA) has set an annual compensation target for Chief Executive Officer Mike Manley consisting of pay, cash and equity bo

S&P 500 posts highest close since November 8 2019-02-22 17:25:30The S&P 500 posted its highest closing level since Nov. 8 on Friday as investors clung to signs of progress in the ongoing trade talks between the

Trump's economy 'a little under' 3 percent growth 2019-02-22 17:21:12The Trump administration will fall "a little under" its target of 3 percent annual growth of gross domestic product for 2018, the Federal Reserve sa

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India, Pakistan troop strength and weapons: How the 2019-02-20 05:17:00PM Modi has vowed a strong response to the Pulwama attack and said he had given the military a free hand. Pakistan would retaliate if attacked, his co

SC to hear Ram Janmabhoomi-Babri Masjid land dispute 2019-02-20 04:40:00It will be heard by a five-judge Constitution Bench headed by Chief Justice Ranjan Gogoi

Stone hurled at Vande Bharat Express for third 2019-02-20 04:35:00After the first incident of stone throwing, the Railway Protection Force (RPF) had started campaigns across the areas where such cases were reported

Saudi Aramco in talks with Reliance Industries for 2019-02-20 04:11:00Saudi Aramco signed an agreement in April with a consortium of state-owned Indian refiners to participate in a $44 billion refinery project on the cou

10 years of Samsung Galaxy: The journey so 2019-02-20 04:09:00Samsung is set to unveil the Galaxy S10-series, along with a new foldable screen device, on February 21

Terrorism common concern with India, says Saudi crown 2019-02-20 04:05:00Prime Minister Modi and the Saudi Crown Prince explored ways to further deepen strategic ties

GST Council defers decision on rate revision for 2019-02-20 03:31:00In its final recommendations on real estate, a GoM had favoured lowering GST rates on under-construction houses from 12% with input tax credit to 5% w

How Anil Ambani could arrange funds needed to 2019-02-20 02:25:00Reliance Communications, and its chairman Ambani, could use the Rs 394 crore received in I-T refunds, but they would still have to raise another Rs 17

IL&FS crisis: ED files PMLA case, conducts raids 2019-02-20 02:25:00IL&FS is sitting on a debt pile of about Rs 91,000 crore

FDI equity inflows fall 7% to $33.5 bn 2019-02-20 02:15:00There has been a decline in FDI flows to six out of the 10 sectors during April-December 2018 as compared to last year

Page Industries slips 16% in a week post 2019-02-20 02:05:00The stock slipped 5% to Rs 20,414, falling 16% in the past one week post-Q3 result. It was trading close to its 52-week low of Rs 20,102 touched on Ma

Reliance Communications erodes 95% of shareholder wealth since 2019-02-20 01:48:00At 11:58 am, Reliance Communications, once a flagship company of the group, was trading near its face value of Rs 5 on the National Stock Exchange (NS

Christian Science Monitor |

New York's opposition to Amazon might scare off 2019-02-19 10:33:04Amazon has scrapped plans to build a headquarters in Queens amid fierce opposition from politicians, but experts warn that the pushback against the te

For many Americans, the Trump tax cut doesn’t 2019-02-19 10:33:04President Barack Obama’s signature domestic initiative, on health care, was marred by a glitch-prone rollout. Is President Trump’s tax-cut

T-Mobile, Sprint defend merger to lawmakers 2019-02-19 10:33:04The companies' executives argue that the merger will force the industry to up its game, improving quality of services and lowering prices. But the de

Climate’s pressure on energy firms isn’t just political, 2019-02-19 10:33:04PG&E’s bankruptcy filing has wider implications. Will CEOs’ and shareholders’ closer attention to the business risks of warming

US considers a tax on wealth, even as 2019-02-19 10:33:04Elizabeth Warren is considered a candidate of the left, yet even half of Republicans share her view that the wealthy should be taxed more. A key quest

Shutdown may be over – but economic ripple 2019-02-19 10:33:04Consumers, businesses, and investors loathe uncertainty. That's why the full effects of a government shutdown are hard to measure, and its end isn&rs

As AI advances in multiple industries, workers need 2019-02-19 10:33:04Artificial intelligence could severely disrupt a quarter of US jobs. Economists say the jobs likely to be spared from automation will require advanced

Farmers have a beef with plant- or lab-grown 2019-02-19 10:33:04How we speak can say a lot about how we think ​– and it can influence how we spend. Consider a rancher-led battle over food labe

Employees ‘taken hostage’: the ethics of the US 2019-02-19 10:33:04Compelling people to work without pay is fast becoming more than a legal issue for the federal government. Viewed as a social compact, it raises serio

Sears dodges liquidation, stores to stay open – 2019-02-19 10:33:04The company's chairman and largest shareholder won a bankruptcy auction for the chain, which hasn't seen a profitable year since 2010. If Sears keep

US-China trade: How dose of reality is pushing 2019-02-19 10:33:04During 2018, the outlook seemed to grow steadily worse for relations between the world’s two largest economies. Things are shifting as both side

Recession is a risk in 2019. But maybe 2019-02-19 10:33:04A number of key trends in the economy are positive, from wage growth to low interest rates. Some of the biggest wild cards are trade policy and centra

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