Business News Politics

South Africa will put Trump on guard against ‘ untimely ‘ exchange evaluation

The government of South Africa will tell the administration of President Donald Trump that it is premature  and potentially harmful to both economies to review a preferential trade agreement that could put  as much as $2.4bn (R35bn) in exports at risk. The US Trade Representative will start public hearings on Thursday to review the nation’s duty-free access to the US market under the so-called Generalized System of Preferences, its oldest and largest trade-preference program for the world’s poorest economies. That’s after it accepted a complaint from the International Intellectual Property Alliance – a […]

Business News Politics

U.S. restricts iran’s nuclear organization, renewing nuclear research exemptions

The United States on Thursday imposed sanctions on Iran’s nuclear entity and its top official, the Treasury Department said, but sources said it will allow Russian, Chinese and European firms to continue work at Iranian nuclear sites to make it harder for that country to develop a nuclear weapon. The Trump administration, which in 2018 […]

Business News

M-Z will approach Europe legislators directly, while company faces a host of European challenges

Mark Zuckerberg is going on a lobbying mission to Brussels in February. “Next month, Mark Zuckerberg will travel to Europe to participate in the Munich Security Conference, and meet with European decision-makers in Brussels to discuss a framework for new rules and regulation for the internet,” Facebook confirmed to Business Insider in a statement. “New […]

Business News

Someone says said to him, ‘ In this business you will never make it, that’s how this industry works.’

Harvey Weinstein has callously followed an alleged rape with reassurances that he would have had a vasectomy, claimed Wednesday by one victim. Another accuser on the witness stand at Weinstein’s New York City trial said the one-time Hollywood titan tried trading movie roles for sex, claiming the lewd offer was the kind of thing that happened all the time in the film business. Both were aspiring actresses in their early 20s when they met […]

Business News

Shareholders find few of General mills food products are difficult to swallow

Six months since Unilever’s Alan Jope proposed he may get rid of brands without “purpose”, stakeholders are wondering when he will deliver. Their sights have long been set on the Anglo-Dutch firm’s foods business, which has lagged growth in the rest of the consumer goods giant for most of the past decade.Advertisement The CEO’s definition of “purpose” is not focused on growth, although he says brands that “communicate a strong environmental or social purpose” also […]