Bloomberg
latest news & developments
Editorial: Coronavirus – These are unusual times
South Africa had kept Covid-19 from entering the country for a long time. But in recent days, the number of confirmed cases has increased
Nene asks to be relieved of his duties — report
The Business Day newspaper is reporting that the finance minister has approached the Presidency to be relieved of his duties
Masutha disputes Bloomberg Abrahams article
The Ministry of Justice and Correctional Services wants to set the record straight on Minister Michael Masutha’s quoted words in a Bloomberg article
Roman temple restored deep under City of London
A Roman temple has been restored to its original site seven metres below London, using sound, lights and misty haze to bring the ruin back to life.
Africa’s richest man Dangote plans $16bn investment push
The Nigerian-based Dangote Group will embark on a $16-billion expansion drive in over 18 countries over the next four years.
Gordhan: SA doesn’t have means to influence rand
Pravin Gordhan says South African authorities don’t have the resources to influence the rand, which has slid 16% since the beginning of the year.
Bloomberg questioned over ‘spying’ allegations
Financial services news group Bloomberg has been facing questions about the use of confidential client data by its journalists.
The economic week ahead: Mixed signals likely
Amid weaker than expected data in the US and China, and a flare-up in Europe’s debt crisis, markets will be paying close attention to key statistics.
News agencies caution Zuma over media freedoms
World news agencies have voiced concerns to President Jacob Zuma that controversial regulations for tighter media controls may hurt press freedoms.
Bharti, MTN ‘in early agreement on tie-up’
Bharti Airtel and MTN have reached a preliminary agreement for their planned -billion share and cash swap, it was reported on Wednesday.
Merrill Lynch sells 20% Bloomberg stake for $4,5bn
Merrill Lynch has agreed to sell its 20% stake in Bloomberg for ,5bn — a deal which provided a glimpse of the fortune amassed by Michael Bloomberg.
Tiger economies are snapping at US heels
China and India and are moving toward becoming the biggest economies in the world: with 2,4-billion people, or 40% of the world’s population and annual GDP growth rates of…
Thomson Reuters launches as financial information leader
Thomson Reuters launched on the London stock market on Thursday, creating the world’s biggest provider of financial data to trading floors, overtaking United States rival…
Reuters shareholders back takeover by Thomson
Shareholders of British media group Reuters voted in favour of a takeover by Canadian peer Thomson Corporation, the London-based company said in a statement on Wednesday.…
More than 20 000 Wall Street jobs at risk
More than 20 000 people are forecast to lose their jobs on Wall Street as the credit crunch bites into business at financial institutions over the next two years. New York’s…