Recent Posts

Infighting dogs S African opposition as poll nears

Bloomberg South Africa’s main opposition party has been its own worst enemy as it attempts to unseat the African National Congress. The Democratic Alliance has botched attempts to fire Cape Town Mayor Patricia de Lille, igniting infighting and irking supporters ahead of next year’s elections, while an agreement that sees it run other major cities risks unraveling. With the ANC ...

Read More »

Behind Trump’s zig-zag course to Singapore

“Are you on the road or in the ditch?” That’s the question labor reporters used to ask about big contract negotiations back when I covered the United Steelworkers union 40 years ago in Pittsburgh — and it’s the right one to pose now as President Trump zigs and zags toward a summit meeting with Kim Jong Un. Trump and Kim ...

Read More »

Investors take fright at UK retail’s warnings

With Brexit looming, profit warnings have become the new black for the British High Street. In the first quarter, a fifth of the country’s biggest publicly traded retailers warned earnings would fall, according to accounting firm EY. Worries about the economy are present, obviously, but heavy selling from investors — Dixons Carphone Plc’s stock fell 20 percent on Tuesday after ...

Read More »
Send this to a friend