50 is planned for Aug. 16-18 at the Watkins Glen motor racing venue in upstate New York with a lineup that included rapper Jay-Z, singer Miley Cyrus and rockers the Killers.50th Anniversary Festival, as there must be, and it’s going to be a blast,”Woodstock
Dentsu had a clause in its contract that gave it the option to cancel the festival, a representative of the investors said.“Although our financial partner is withdrawing, we will of course be continuing with the planning of the festival and intend to bring on new partners,” the group’s statement said.50, announced in March that more than 80 musical acts, including 1969 festival veterans John Fogerty, Canned Heat and Santana, would take part.
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Business Maverick: Investors Brace for a Big Week of Insights Into World EconomyThe world economy’s ability to rebound from its recent soft patch will be tested anew this week as data is released from Washington to Beijing.
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Business Maverick: Diamond Trading Goes Online as Lucara Takes on Industry GoliathsBusiness Maverick: Diamond Trading Goes Online as Lucara Takes on Industry Goliaths By Bloomberg
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Business Maverick: Eskom `Is Not on the Brink of Financial Collapse,’ Gordhan SaysSouth Africa’s state-owned power utility “isn’t on the brink of financial collapse” and the government has the problem “well under control,” Public Enterprises Minister Pravin Gordhan said. Agreed. It is WAY beyond that already. Had it not been for its corrupt benefactor .............🤔
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Business Maverick: Rico: Cartoon FridayLet us hope not. Exactly. Escom and ANC!
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BUSINESS MAVERICK: Department of Labour threatens to cancel Amcu’s registrationThere has long been speculation that the Association of Mineworkers and Construction Union was in the Department of Labour’s sights because of its failure to hold regular leadership elections and other regulatory transgressions. But its charismatic president Joseph Mathunjwa is unlikely to go down without a fight. About time, their Members have now suffered long enough!!!!! An organisation putting 2 million jobs at risk should bebanned from the workplace. 2 mil families suffered for 5 months due to their lack of ability to accept the status qou. No gain
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Business Maverick: Tanzania denies blocking release of scathing IMF reportTanzania on Tuesday denied blocking the publication of a critical International Monetary Fund report that accuses President John Magufuli's government of undermining economic growth with 'unpredictable and interventionist' policies.
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Business Maverick: Thursday April 25: Five Things You Need to Know to Start Your DayFacebook and Microsoft deliver solid results, Goldman may have to plead guilty over 1MDB, and Boeing’s chief insists the 737 Max will be one of the safest airplanes ever to fly. Here are some of this morning’s key stories.
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Business Maverick: Glencore Faces New Corruption Investigation With CFTC ProbeGlencore Plc said it’s under investigation by the U.S. Commodity Futures Trading Commission for possible corrupt practices, the latest legal headache for the world’s biggest commodity trader.
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Business Maverick: Britons opt for non-EU holidays in face of Brexit impasse – Thomas CookBritish holidaymakers are favouring destinations outside the European Union after repeated delays to Brexit discouraged travellers from booking early and prompted them to look further afield, travel firm Thomas Cook said on Monday. Not Britons but Muslim Turks .
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BUSINESS MAVERICK: China, South Africa and the middle-income trapChina and South Africa seem so distant and so different. Chinese economic growth has been fabulous; over the past decade, South Africa’s has been miserable. China is enormous; SA is small… and so on. But in one singular respect, China and South Africa are similar — they may be both caught in the middle-income trap. If there is such a thing.
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Business Maverick: Monday April 28: Five Things You Need to Know to Start Your DayTakeaways from China’s Belt and Road forum. Japan markets are shut for the week, but there is a slew of key global data that traders will be watching. Incumbent Sanchez set to be returned as Spain’s PM after election. Here’s what’s moving markets.
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