Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
Premier Foods has begun a Section 189 process as its R1 billion Tulbagh cannery faces closure, citing US tariffs, weak export demand and rising operating costs.
President Yoon Suk Yeol on Tuesday announced billions of dollars in new aid and investment support for Africa, as South Korea looks to boost trade ties with the continent.
Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the Federal Reserve will cut interest rates this year. While traders have of late taken soft economic data as a positive sign, owing to the fact it gives the Fed room to cut rates, the latest news stoked concerns about the outlook for the economy.
Wildly popular social network TikTok approved adverts containing political disinformation ahead of European polls, a report showed Tuesday, flouting its own guidelines and raising questions about its ability to detect election falsehoods.
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