South Africa ranked 54th in the 2026 IMD World Competitiveness Ranking, moving up 10 places and overtaking Kenya to become the most competitive economy in Africa
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Countries at odds over how to reignite pandemic agreement
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US trade deficit narrows unexpectedly in November
The US trade gap narrowed in November as imports and exports both fell while higher interest rates bite, the government reported Tuesday. Resilient consumption has supported US trade, but analysts have expected the effect of higher interest rates, as it weighs on demand, to add pressure on imports.
Top Italian influencer suspected of fraud in cake deal
Italy's Instagram star Chiara Ferragni is being investigated for fraud over a charity cake deal in which she suggested erroneously that the proceeds would help children with bone cancer.
France drops renewables targets in new energy bill
Critics are deriding as a step backward a new French energy bill that favours the further development of nuclear power and avoids setting targets for solar and wind power and other renewables. But the proposed text sets no such targets for building renewable capacity, in particular wind and solar, whereas previous energy laws did.
Disney debuts deaf Native superhero as 'woke' debate swirls
Can a deaf, Native American superhero with a prosthetic leg reinvigorate Disney's Marvel franchise, just weeks after its CEO appeared to criticize his filmmakers for prioritizing messaging over storytelling?
Budget-crunched Cuba to hike fuel prices over 500 percent
Cuba's cash-strapped government announced Monday that fuel prices will soar by more than 500 percent beginning February 1, part of a series of economic measures aimed at reducing the deficit.
Asian markets enjoy healthy bounce after Wall St rally
Asian markets enjoyed a much-needed bounce Tuesday after a dour start to the year, with traders tracking a rally on Wall Street fuelled by bargain-buying and a surge into sold-off tech giants. On Wall Street, all three main indexes powered higher, with the Nasdaq up more than two percent.
United Airlines says inspections found loose bolts on its 737 MAX planes
United Airlines said Monday it has discovered loose bolts on Boeing 737 MAX 9 planes in its fleet during preliminary inspections following an Alaska Airlines mid-flight incident.
'Appalling' false convictions for UK Post Office 'thefts' spur outrage
Public anger is mounting over what has been described as Britain's biggest ever miscarriage of justice that saw hundreds of subpostmasters wrongly convicted of theft because of a computer software glitch. Prime Minister Rishi Sunak has described the scandal as an "appalling miscarriage of justice" that should "never have happened".
Golf legend Tiger Woods says Nike partnership ending
Tiger Woods announced Monday that he was ending a longstanding partnership with Nike, thanking the sports brand in a social media post that alluded to "another" unspecified chapter.
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