Automotive parts supplier to Toyota and Nissan agrees to pay collusion penalty

Japanese car parts manufacturer Denso is also in trouble with US competition authorities

Ryanair doubles annual loss forecast over Omicron

Irish airline blames ban on British arrivals into France and Germany and the suspension of all EU flights to and from Morocco

PODCAST | The rise of apart hotels

Business Day Spotlight host Mudiwa Gavaza talks to Indalo Hotel & Leisure Management CEO Andrew Rogers

Branson and Delta to inject £400m into Virgin Atlantic to survive Omicron slump

Restrictions on long-distance flights between the UK and SA among setbacks for the carrier

Toyota halts production at Japanese factories due to supply shortage

The stoppage means the vehicle maker cannot return to normal operations in December as planned

Tourism sector recovery must be anchored by transformation

SPONSORED | Sanlam Gauge workshop highlights lack of progress in a sector that is critical to the economy and a driver of jobs

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Transformation takes off at Swissport SA

SPONSORED | The aviation services company has put people, technology and skills development at the top of its agenda

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Here’s what’s accelerating the adoption of electric vehicles in SA

SPONSORED | It's a matter of when, not if, the country will plug into the electric car market, says Standard Bank

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Hertz targets $2bn in stock buybacks

The car rental company’s shares rise 6% on announcement just months after exiting bankruptcy protection

Airlines race to respond to sudden changes brought on by new Covid variant

Airlines now face a return to the uncertainty of shifting rules and public-health developments amid Omicron coronavirus variant

Travel industry dismayed as travel bans mount

Tourists have been forced to cancel bookings overnight, sending the hospitality industry back to the brink of collapse and hotel stocks plunging

Tsogo Sun Gaming still feeling the effects of Covid-19, but profits have rebounded

The group’s core profit more than sextupled in its half-year to end-September, but remains more than a third below pre-pandemic levels

Tsogo Sun optimistic Covid-19 crisis is behind it, but full recovery still a year off

But the hotel group’s revenue is still less than half of its pre-Covid-19 pandemic income

Sanral censured by JSE for 2018 financial errors

Errors in the group's 2018 results meant its initial net loss of R260.6m had to be bumped up 62% to R418.47m

Tsogo Sun sales recover to half of pre-Covid levels in September

Income got a welcome boost from the British and Irish Lions rugby tour in July, but the group says it will still report a headline loss

Transaction Capital upbeat as it enjoys some Covid-19 tailwinds

Covid-19 continues to put pressure on SA’s taxi industry, but has provided a bump for second-hand car sales as well as the debt-collection business

Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.