21 December 2018, Friday NewsLatest News On 21 December 2018, Friday Biotech swoon adds to Nasdaq's pain as bear market looms ever closer22/12/2018 8:46 AM Stocks Extend Losses at End of Punishing Week22/12/2018 8:34 AM As FAANG stocks falter, fund managers make bets on survivors22/12/2018 7:55 AM Facebook says preferential data access was with user permission | IOL Business Report22/12/2018 7:55 AM One year after the tax cuts, the market is worse and the economy is a mixed bag22/12/2018 7:53 AM What a government shutdown could mean for stock market22/12/2018 7:36 AM Bond market 'recession' gauge falters outside United States22/12/2018 7:15 AM Fire Guts Property Worth Millions In Nasarawa Market • Channels Television22/12/2018 6:48 AM FTSE rises slightly thanks to mining stocks22/12/2018 6:45 AM Business Insider ranks the 11 best movies of 201822/12/2018 6:43 AM Presidents play with fire when they brag about the stock market22/12/2018 6:40 AM Mboweni confident economic policy meeting will yield positive results - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 6:39 AM U.S. stocks bounce up and down as a turbulent week unnerves investors22/12/2018 6:29 AM Amazon's market cap drops below $700 billion to put it in 4th place, behind Alphabet22/12/2018 6:06 AM Music market heist: how SA’s black musicians are ‘scammed’22/12/2018 6:00 AM UN Council set to vote on Yemen observers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 5:56 AM Generic drugs are America's solution to high branded drug prices. But recent events suggest the market's not working22/12/2018 5:56 AM Finance Department projects federal deficits until 204022/12/2018 5:51 AM BoC survey finds business sentiment down slightly, but remains positive22/12/2018 5:50 AM Cash-strapped Britons keep spending but firms cut investment22/12/2018 5:46 AM Mystery foreign company continues court battle over possible Mueller subpoena22/12/2018 5:34 AM #RandReport: Rand on course for weekly gains, stocks up22/12/2018 5:26 AM End year traffic peak at Beitbridge border post - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 5:25 AM Merry Christmas Canada — It will be 22 years before Ottawa balances the budget, finance department reveals22/12/2018 5:22 AM 5 ways to maintain a balanced lifestyle when travelling for business22/12/2018 5:22 AM A longer-stay hotel is the best choice for your next business trip — here are 5 reasons why22/12/2018 5:20 AM Delta's CEO just reignited the nastiest feud in the airline industry by accusing Qatar Airways of violating a deal with Trump administration22/12/2018 5:15 AM A government shutdown typically doesn't hurt the stock market, history shows22/12/2018 5:15 AM Stocks turn negative as week-long rout continues22/12/2018 5:10 AM Finance Department predicts federal budget will be balanced by 204022/12/2018 5:07 AM Nike expected to win back market share, stock surges 8%22/12/2018 5:07 AM Google's hardware business is finally shaping up, says RBC22/12/2018 5:06 AM SABC board nominations deadline lapses - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 4:48 AM Nike, Already World's Largest Sneaker Maker, Proves It's Still A Growth Company22/12/2018 4:45 AM Nigeria's oil, gas earnings slumped to $17.05bn in 2016, lowest in 10 years – NEITI – Daily Trust22/12/2018 4:31 AM SA considers setting up council of economic advisers | IOL Business Report22/12/2018 4:16 AM MARKET WRAP: Rand ends week almost where it started after rollercoaster ride22/12/2018 4:14 AM Wall Street rises in volatile trading led by defensive stocks22/12/2018 4:08 AM FA appoints Reed as Technical Director - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 4:04 AM B.C. cities join global movement asking oil companies for climate change costs22/12/2018 3:59 AM Volatility ravaged the stock market this year. Here's what that was like for first-time investors.22/12/2018 3:56 AM Global trade is the biggest question mark hanging over Canada’s corporate bond market next year22/12/2018 3:54 AM Special sitting for NCOP in January to debate Electoral Laws Bill - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 3:46 AM U.S. third-quarter growth trimmed; business spending slowing22/12/2018 3:45 AM Exit by Mattis ‘will amplify market uncertainty’ | CNN’s Wolf Blitzer tells Stephen Miller to ‘calm down’ in heated exchange over wall funding22/12/2018 3:43 AM Elon Musk took Gayle King for a drive in his Boring Company tunnel, and she looked terrified22/12/2018 3:40 AM Market Outlook 2019: Get ready for more investor angst in the new year22/12/2018 3:35 AM Williams says Fed is 'listening' to a plunging stock market as part of data-dependent rate policy22/12/2018 3:30 AM 'Star Citizen' Studio Gets $46 Million Investment From Billionaire Clive Calder And Son22/12/2018 3:29 AM 'The whole whiskey industry at the moment is absolutely huge,' the Irish whiskey revolution | JOE.ie22/12/2018 3:28 AM Jane Furse hospital flooded, patients evacuated - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 3:25 AM NY Fed President Williams says central bank is listening to market, but believes economy is strong22/12/2018 3:15 AM Three more people die on E Cape roads - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 3:02 AM Applebee's went from being killed by millennial diners to making the biggest comeback in the restaurant business22/12/2018 2:56 AM Volkswagen to write off Gett investment - Spiegel22/12/2018 2:50 AM Global growth worries, U.S. government shutdown threat hit stocks22/12/2018 2:50 AM US third-quarter growth trimmed; business spending slowing22/12/2018 2:47 AM A smiley-face text message about hiking the price of an old drug is at the center of a massive lawsuit being brought against nearly 20 big drug companies22/12/2018 2:45 AM Markets Right Now: Stocks are opening higher on Wall Street22/12/2018 2:43 AM One of the largest publicly traded marijuana companies says the Farm Bill provides a 'pathway' for entering the lucrative US market22/12/2018 2:43 AM U.S. stocks climb at the open but are set for the worst week in 9 months; Nike shares surge22/12/2018 2:43 AM A company that helps hedge funds and banks bust rogue employees just raised $70 million22/12/2018 2:39 AM El-Erian: Fed chief Jerome Powell is trying to break the market's central bank 'co-dependence'22/12/2018 2:24 AM South Korea target Japanese surveillance plane - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 2:14 AM Business investment falls again amid Brexit uncertainty22/12/2018 2:00 AM Cogta in Eastern Cape welcomes illegal circumcision arrests - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 1:49 AM World’s biggest hedge fund says stocks aren’t pricing in ‘near-recession’ U.S. growth next year22/12/2018 1:49 AM Temasek Polytechnic business student wins national award22/12/2018 1:47 AM Kogi Assembly commends Speaker Dogara over Ajaokuta Steel Company22/12/2018 1:44 AM Halifax Schooners to submit business analysis to the city soon22/12/2018 1:39 AM Soweto Rowing Club encourages youth to partake in rowing - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 1:26 AM William Watson: Canada’s supposed ‘market economy’ looked even more like China in 201822/12/2018 1:25 AM Mbalula to challenge Public Protector findings - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 1:24 AM Investors fleeing the market in droves as year ends in rout22/12/2018 1:14 AM FTSE 100 slips to two-year low as threat of US government shutdown adds to market's woes22/12/2018 1:10 AM Stocks making the biggest moves premarket: KMX, NKE, HPE, IBM, CPB & more22/12/2018 12:53 AM Trump administration approves Iraqi purchases of Iranian natural gas to boost U.S. oil, business deals22/12/2018 12:52 AM SoftBank's Vision Fund nearing US$1.5 billion investment in SE Asia's Grab22/12/2018 12:43 AM SABC board nomination deadline close on Friday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 12:11 AM Stocks to break slide | Government shutdown looms | Nike jumps 8%22/12/2018 12:10 AM Edcon approves restructuring and recapitalisation plan - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.22/12/2018 12:05 AM B.C. cities urging oil companies to help cover costs of climate change22/12/2018 12:01 AM General Sitole confident about training given to police officers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 11:52 PM Revenue hits international pharma company with €1.6 billion tax demand21/12/2018 11:27 PM UK economy relies on stretched consumers as Brexit hits investment21/12/2018 11:25 PM 'The stock market bears are coming out of hibernation': There's been a sharp shift in the market, RBC says21/12/2018 11:02 PM U.S. Grants Iraq Sanctions Relief in Bid to Boost Business Deals21/12/2018 11:00 PM Goldman Sachs says stock-market volatility is going to spike 50% in 2019 — and it's formulated the perfect strategy to take advantage of the chaos21/12/2018 10:59 PM The music industry should be dreaming of a white Christmas21/12/2018 10:52 PM Edcon board approves structure of proposed recapitalisation plan, says Pattison | IOL Business Report21/12/2018 10:47 PM Market Halls, London SW1: 'Let them eat avocado' – restaurant review | Grace Dent21/12/2018 10:38 PM Mother loses baby after giving birth in front of clinic - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 10:31 PM Gatwick airport reopens after drone saboteur sows chaos - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 10:30 PM B.C. cities join global movement asking oil companies for climate change costs21/12/2018 10:30 PM French unrest hits business confidence, growth prospects21/12/2018 10:29 PM Accounts clerk forged cheques to embezzle $1.093m from car rental company21/12/2018 10:21 PM Mboweni colloquium to boost SA's economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 10:13 PM Premarket: Growth fears and U.S. government shutdown threat slam world stocks21/12/2018 10:09 PM Six bedroom house on the market for £40,000 but advert reveals hidden CATCH21/12/2018 10:08 PM Oil, populist leaders and US rates: a guide to emerging-market 2019 risks21/12/2018 10:07 PM Former car rental company clerk jailed for forging cheques, pocketing over S$1m over five years21/12/2018 10:01 PM French companies help President Macron spread holiday cheer with bonuses21/12/2018 9:57 PM SoftBank's Vision Fund nearing $1.5 billion investment in SE Asia's Grab -source21/12/2018 9:55 PM Bail denied for suspect accused of murdering Miguel Louw - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 9:50 PM Sun City prison gets surprise visit from DCS - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 9:49 PM Stocks reel as funds seek safe harbors21/12/2018 9:40 PM Biggest third quarter fall in UK business investment in nearly three years as Brexit uncertainty hits, official figures show21/12/2018 9:38 PM Emerging-market stocks and forex under pressure on subdued sentiment21/12/2018 9:36 PM SoftBank's Vision Fund nearing $1.5 billion investment in South East Asia's Grab: source21/12/2018 9:23 PM 2018 saw Zodwa Wabantu cement her place in the industry21/12/2018 9:15 PM BT Outlook 2019 Latest News & Headlines - THE BUSINESS TIMES21/12/2018 9:13 PM SA appoints new CEO for troubled state arms firm Denel - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 9:07 PM 3 Merger Deals for a Falling Stock Market21/12/2018 9:02 PM J&J loses bid to have $4.7 bln talc verdict set aside, vows to appeal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 8:06 PM US defence chief quits as Trump pulls from Syria, Afghanistan - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 8:05 PM Smith hopes to return to 2019 international cricket - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 8:04 PM Apple to pull some iPhones in Germany as Qualcomm extends global wins - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 8:03 PM Bail bid for man charged with Miguel Louw’s murder - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 8:01 PM Stock market sell-off continues as growth fears hit confidence - business live21/12/2018 7:51 PM Wigwe: Diamond Bank to Write off NPLs Before Merger - THISDAYLIVE21/12/2018 7:44 PM The stock market’s downturn could mean a painful unwinding of the FIRE movement21/12/2018 7:38 PM DKSH to buy Auric Pacific's distribution business in Singapore, Malaysia for 160m Swiss francs21/12/2018 7:22 PM Baby Daniel's mother to seek renewal of bail - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 7:19 PM Goldman should pay Malaysia US$7.5b for 1MDB fiasco, finance minister says21/12/2018 7:18 PM Asian stocks slide as investors flee to safety of yen and bonds21/12/2018 7:15 PM JPMorgan outlines three reasons to buy Asia stocks21/12/2018 7:11 PM Business Day’s top 10 Life reads of 201821/12/2018 7:00 PM European stocks seen lower amid fragile market mood21/12/2018 6:49 PM Asian stocks sink for 2nd day after Wall Street slide21/12/2018 6:40 PM Japan finance minister Aso: must closely watch market moves21/12/2018 6:40 PM Ramokoka residents pleased at appointment of Administrator - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 6:32 PM 2018 an eventful international football year - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 6:25 PM Former CWT Logistics employee charged for corruption, cheating involving wife's company21/12/2018 6:17 PM Goldman should pay Malaysia US$7.5b for 1MDB fiasco, finance minister says | Malay Mail21/12/2018 6:07 PM As Walmart takes on China's booming delivery market, it's going for a smaller store21/12/2018 6:00 PM The Fed’s Powell prevented a stock market crash by throwing red meat to the bears21/12/2018 5:51 PM Asia stocks underwater as funds seek safe harbors21/12/2018 5:45 PM Meet the tea makers of Sekhukhune who honour traditions while building a modern business21/12/2018 5:35 PM Singapore stocks: STI resumes Friday afternoon at 3,046.54, down 0.1%21/12/2018 5:15 PM Ashley Graham calls for inclusivity in the beauty industry | IOL21/12/2018 5:03 PM Movie maker Harvey Weinstein loses bid to dismiss criminal case - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 4:49 PM China denies 'slanderous' economic espionage charges from US, allies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 4:48 PM U.S. Charges China Intelligence Officers Over Hacking Companies and Agencies21/12/2018 4:15 PM US likely to end air war against Islamic State in Syria - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 4:06 PM 767 people died on SA roads, up by 16% - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.21/12/2018 4:05 PM Okorocha: it will take God to market Uzodinma - The Nation Nigeria21/12/2018 3:21 PM Further falls expected in Australian housing market | Sky News Australia21/12/2018 3:00 PM ‘Access Bank Has Enough Financial Capacity To Commensurate Diamond Bank Merger’21/12/2018 2:59 PM CBN okays Access, Diamond merger - The Nation Nigeria21/12/2018 2:58 PM Stocks Market: Buying Interest In Dangote Cement, Dangote Sugar, 15 Others Upturns Performance21/12/2018 2:56 PM A floral foam company is paying its workers average holiday bonuses of $14,00021/12/2018 2:50 PM Traders to Wike: Scrap Mile 1 market mgt c’ttee, get our 2019 support - Vanguard News Nigeria21/12/2018 2:47 PM Lokpobiri Lauds IFAD Over $500m Agric Investment21/12/2018 2:41 PM Singaporeans' earnings up, progress on bread-and-butter issues: Report21/12/2018 2:30 PM Billionaire Leon Cooperman on why Google is better than cash in this market21/12/2018 2:19 PM Global banks chase Asia techs transaction business, as trade war rumbles21/12/2018 2:17 PM Australian company says it could solve Gatwick Airport's drone crisis21/12/2018 2:00 PM Hong Kong, Shanghai: Stocks down at the open on Friday21/12/2018 1:54 PM Asian stocks shunned as investors flee for safety21/12/2018 1:53 PM Asia stocks shunned as investors flee for safety21/12/2018 1:45 PM The Best Countries For Business 2019: U.K. On Top, U.S. Down21/12/2018 1:41 PM The new Ford F-150 will allegedly beat the 2020 Bronco to market21/12/2018 1:09 PM Unregulated 'bank transfer helpers' may soon be out of business21/12/2018 1:00 PM Stocks to watch: Hwa Hong, Foreland Fibretech, Goodland, Keppel Corp, AsiaPhos21/12/2018 1:00 PM Asia stocks shunned as investors flee for safety21/12/2018 12:53 PM Nasdaq dips into bear market territory as slow growth prospects weigh on tech stocks21/12/2018 12:50 PM Hwa Hong takes 71% stake in £18.5 million acquisition of freehold office building in London21/12/2018 12:48 PM Campbell Soup names industry veteran Mark Clouse as new CEO21/12/2018 12:39 PM Nasdaq drop leaves it just shy of bear market21/12/2018 12:30 PM Tokyo: Stocks open lower on worries over US budget, growth21/12/2018 12:26 PM China has some companies worried. Not Nike21/12/2018 12:17 PM China's stocks are set for a rocky start to 201921/12/2018 12:16 PM Cramer Remix: This market is being too picky21/12/2018 12:06 PM Cramer's lightning round: These cybersecurity stocks are the ones to own in this market21/12/2018 12:04 PM CEO of Boehner-backed cannabis company sees bill paving way for legalization being passed in 201921/12/2018 11:59 AM Australian stocks see gains despite Wall Street turmoil21/12/2018 11:50 AM 'Star Citizen' Studio Gets $46 Million Investment From Billionaire Clive Calder And Son21/12/2018 11:30 AM Apple’s ‘death cross’ is first in 3 years, and the last for FAANG stocks21/12/2018 11:12 AM Edibles draft rules garner mixed reaction from pot industry21/12/2018 11:12 AM A new rule requires GMO products to be labeled by 2022, and some food companies are rejoicing21/12/2018 11:03 AM Succeeding as a hawker: Industry veterans say conditions are challenging but not impossible21/12/2018 11:01 AM NTUC Enterprise gets nod for acquisition of Kopitiam21/12/2018 11:00 AM The new F-150 will allegedly to beat the Bronco to market21/12/2018 10:50 AM Russian Operation Targeted U.S. Business Owners21/12/2018 10:45 AM Priceline CEO: The travel industry is thriving21/12/2018 10:36 AM Chase is offering a big 80,000-point bonus on its best small business credit card right now21/12/2018 10:31 AM Nissan to lay off 1,000 Mexican workers, cites market challenges21/12/2018 10:29 AM Dow sinks below 23,000; Nasdaq flirts with a bear market; Oil in free fall21/12/2018 10:16 AM 4 Mega-Trends Ahead For The Luxury Market In 2019: Expect Turmoil And Slowing Sales21/12/2018 10:15 AM Nasdaq drop leaves it just shy of bear market21/12/2018 10:13 AM 18 gift memberships that make great last-minute gifts — from Amazon Prime to Thrive Market21/12/2018 10:10 AM Potty parity: Study suggests adding more women’s washrooms can boost business21/12/2018 10:04 AM Stock market woes raise a nagging fear: Is a recession near?21/12/2018 9:58 AM Treasury chief calls market reaction to Fed 'overblown'21/12/2018 9:46 AM ‘Just Unbearable.’ Booming Job Market Can’t Fill the Retirement Shortfall21/12/2018 9:45 AM Canada's Canopy Growth to enter US market after farm bill gives pathway to legal hemp growing21/12/2018 9:43 AM Review: Second Act proves J. Lo is still a one-woman industry to be reckoned with21/12/2018 9:39 AM Nike crushes earnings expectations, helped by strong online sales, shares surge21/12/2018 9:30 AM A Big Tobacco company takes a stake in Big Vape. That worries people21/12/2018 9:22 AM U.S. Charges Two Chinese Nationals With Hacks Of 45 Tech Companies And Government Departments21/12/2018 9:21 AM