Wednesday , 17 December 2025

Recent Posts

South Africa’s airport shuts runway after a grass fire

  Bloomberg Johannesburg’s OR Tambo International Airport was forced to close one of its runways after dry grass caught fire and “spilled over from the adjacent community within the airport precinct,” it said via Twitter. Fire and rescue teams are onsite to extinguish the blaze, according to OR Tambo, which is the busiest airport in Africa. The runway that has …

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Bed Bath & Beyond shares fall after CFO’s death

  Bloomberg Bed Bath & Beyond Inc. declined after Chief Financial Officer (CFO) Gustavo Arnal falls to his death from a Manhattan skyscraper. The shares of the struggling home-goods retailer slumped by as much as 25% in pre-market activity on Tuesday, the first day of trading after the US Labour Day weekend. The Union, New Jersey-based company confirmed on Sunday that …

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RBA raises key rate to 7-year high, signals more to come

  Bloomberg Australia’s central bank raised interest rates by a half-percentage point for a fourth consecutive meeting and signalled further hikes ahead in its drive to rein in inflation. The Reserve Bank of Australia (RBA) took the cash rate to 2.35%, the highest level since 2015, in a widely expected announcement on Tuesday. The tightening is Australia’s quickest in a …

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