South Africa’s July inflation dropped to 4.3%, led by record low food prices since 2010. Fuel costs also eased, offering households some much needed relief.
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“Thank you, ANC”: 2026 vs 2000 R100 buying power comparison leaves SA concerned
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South Africa set to scrap prime interest rate for new SARB system
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US 'will not accept' flood of below-cost Chinese goods: Yellen
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Asian markets mixed after Fed official floats rate cut delay
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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
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United Airlines says inspections found loose bolts on its 737 MAX planes
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'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.
Rolls-Royce delivers record number of cars in 2023
Rolls-Royce Motor Cars delivered a record number of luxury vehicles last year when clients also began taking possession of its first all-electric Spectre model, the German-owned brand said Monday. Deliveries, also described as sales by the group, were largely flat over the year, with 11 more vehicles handed over to clients compared with 2022, it added.
EU approves 900-mn-euro German aid for battery plant
The EU approved Monday a 900-million-euro German state subsidy for electric vehicle battery firm Northvolt to build a plant in Germany that might have otherwise been lured to the United States.
Stock markets drop as early US rate cut chances recede
Stock markets retreated Monday, extending a weak start to the year, after a forecast-busting US jobs report further dampened hopes of an early cut to interest rates in the world's biggest economy. "Solid US jobs growth, cautious Fed minutes and a still robust US economy raise doubts about markets' aggressive Fed rate-cut expectations," it added.
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