Register now for FREE unlimited access to Reuters.comCentral bank lifts policy rate to range of 1.5% to 1.75%Fed cuts growth projection, sees rising unemploymentWASHINGTON, June 15 (Reuters) – The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in inflation, and projected a slowing
President Cyril Ramaphosa says lack of resources means that government is unable to assist Comair to solve its financial troubles. Comair, which operates the local British Airways and low-cost carrier Kulula.com, announced this week that it had applied for liquidation. The airline operator’s business rescue practitioners (BRPs) had stated they “no longer believe that there is a reasonable prospect…
Speedway has already made a successful return, and greyhound racing is next. The stadium needs paddock stewards, track staff and racing office staff to assist with the sport’s return. Read again: Fond memories of greyhound racing The return of greyhound racing next month will be a boost to punters who enjoyed the sport in Oxford for…
Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter. Sign up today.EquitiesCanada’s main stock index rose at Monday’s open alongside improved global sentiment. On Wall Street, key indexes also started higher in the wake of another losing week.At 9:31 a.m.…