Saturday , 20 December 2025

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Markets face weeks of uncertainty in wait for virus answers

Bloomberg The fate of global markets now depends at least in part on laboratories around the world probing the omicron Covid-19 strain, potentially leaving investors with weeks of uncertainty in the wait for answers. The variant detected in Africa is described as highly worrying and international travel bans are proliferating. Scientists are analysing whether it can evade inoculations and the …

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Black Friday discounts fade in years over demand, inflation

Bloomberg Black Friday deals ranked among the least generous in years as more US consumers headed back to stores on one of the busiest shopping days of the year. Retailers appear to have the “lowest level of clearance goods in five years or more,” Oliver Chen, an analyst at Cowen & Co, said in a report. According to Salesforce.com Inc, …

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South Africa sees SAA sale completed by early 2022

Bloomberg South Africa expects to conclude the sale of a majority stake in its state-owned airline to private investors early next year, Public Enterprises Minister Pravin Gordhan said. The sale of 51% of South African Airways (SAA) to the Takatso consortium is “certainly moving in the right direction,” Gordhan, who oversees state-owned companies, said in an interview with Bloomberg Television. …

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