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$558 000 for a bottle of burgundy?

$558 000 for a bottle of burgundy?
16 October 2018 / Elin McCoy, Bloomberg
Romanée-Conti is a very, very special bottle, the rarest of the rare.
Paul Allen, billionaire who co-founded Microsoft, dies at 65

Paul Allen, billionaire who co-founded Microsoft, dies at 65

Patrick Oster and Dina Bass, Bloomberg / 16 October 2018
Allen died on Monday in Seattle from complications of non-Hodgkin’s lymphoma.
Eskom crisis deepens, load shedding narrowly averted

Eskom crisis deepens, load shedding narrowly averted

Antoinette Slabbert / 16 October 2018
Govender resigns, money for salaries questioned.
Deputy president Mabuza in South Sudan to talk peace plans

Deputy president Mabuza in South Sudan to talk peace plans

Eric Ombok, Bloomberg / 15 October 2018
In a bid to strengthen the enactment of a deal to end the five-year civil war.
Trump weighs action against Saudis as Khashoggi denials continue

Trump weighs action against Saudis as Khashoggi denials continue

Jennifer Epstein, Jennifer Jacobs, Nick Wadhams and Zainab Fattah, Bloomberg / 15 October 2018
White House warns of 'stern action' if Saudi Arabia is found responsible for journalist's disappearance.
Tencent is now a huge falling knife

Tencent is now a huge falling knife

Lulu Yilun Chen and Sofia Horta e Costa / 12 October 2018
The stock market superstar’s record-breaking sell-off is getting worse.
Musk has 143 days before creditors start demanding money

Musk has 143 days before creditors start demanding money

Molly Smith / 11 October 2018
Tesla has frothy markets on its side as largest maturity looms.
Trump calls stock market sell-off ‘a correction’

Trump calls stock market sell-off ‘a correction’

Reuters / 11 October 2018
'I think ... the Fed is making a mistake. They’re so tight. I think the Fed has gone crazy' - Trump.
Travellers spend more money in Thailand than anywhere else in Asia

Travellers spend more money in Thailand than anywhere else in Asia

Nikki Ekstein, Bloomberg / 10 October 2018
Last year, it collected $57 billion in international tourism receipts, nearly doubling Macao, Japan, Hong Kong, and China.
Move over Millennials, it’s Gen Z’s turn to kill off industries

Move over Millennials, it’s Gen Z’s turn to kill off industries

Riley Griffin, Bloomberg / 10 October 2018
Could iGen be responsible for the fall of football, print magazines and cash?
Mental health crisis could cost the world $16tr by 2030

Mental health crisis could cost the world $16tr by 2030

Kate Kelland, Reuters / 10 October 2018
A new report shows the burden of mental illness had risen 'dramatically' worldwide in the past 25 years.
Want to move to Australia? Just don’t bet on Sydney or Melbourne

Want to move to Australia? Just don’t bet on Sydney or Melbourne

Jason Scott, Bloomberg / 9 October 2018
The influx of immigrants that’s equivalent to one person arriving in Australia every minute is causing a backlash in the biggest cities.
IMF cuts world economic growth forecasts

IMF cuts world economic growth forecasts

David Lawder, Reuters / 9 October 2018
As import tariffs, emerging market issues bite.
Interpol asks China about disappearance of crime agency’s chief

Interpol asks China about disappearance of crime agency’s chief

Francois de Beaupuy and Gaspard Sebag, Bloomberg / 8 October 2018
Amid press reports that he’s been arrested in his home country.
Scientists call for $2.4tr shift from coal to renewables

Scientists call for $2.4tr shift from coal to renewables

Reed Landberg and Chisaki Watanabe, Bloomberg / 8 October 2018
Coal-fired power should be reduced to almost zero by 2050 to slow the quickest pace of climate change since the end of the last ice age, scientists say.

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