Scarborough, a once quiet conservation village in the Western Cape, has become a talking point online as foreign investors are apparently taking advantage.
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Farmers vow to besiege Paris to win govt concessions
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Temporary channels being created to aid Baltimore bridge response
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Dollar weakens further as rate cut bets build, but equities mixed
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Illegal mining, smuggling threaten Ghana's cocoa industry
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Miner Anglo American rejects BHP's $38.8 billion takeover bid
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US tariffs on Chinese EVs hurt green transition: XPeng boss
The president of Chinese electric vehicle maker XPeng on Friday criticised the fresh tariffs on Chinese cars imposed by Washington as "unfavourable" for the United States' energy transition. "The tariffs are unfavourable to its own climate and energy transition."
IEA warns of key energy mineral shortage risk
The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment, the International Energy Agency said Friday.
Crisis-ridden Boeing hopes for quiet annual meeting
Boeing's annual meeting on Friday comes amid an exceptionally difficult period for the crisis-ridden company, creating potential for drama at an event that is usually a snooze-fest. The company, under heavy regulatory scrutiny following recent safety and quality control problems, has defeated shareholder proposals at past annual meetings that usually have lasted an hour or less.
China says could buy up commercial housing to boost property market
A top Chinese economic official said Friday the state could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis. And in a bid to boost the ailing market and ensure millions of unused homes go to those in need of housing, Beijing's State Council met Friday, state news agency Xinhua said.
Putin in trade push on final day of China trip
Russian leader Vladimir Putin was in the northeastern city of Harbin on Friday, the final day of a visit aiming to promote crucial trade with China and win greater support for his war effort in Ukraine. Putin will hold a press conference with Russian media later in the day.
Chinese officials meet to mull support for developers: Bloomberg
Chinese leaders are meeting Friday with top housing officials to discuss a possible plan for the government to buy millions of unsold homes in a bid to support the struggling property sector, Bloomberg reported. Among those plans could be a scheme by Beijing to have local governments purchase millions of unsold homes across the country, Bloomberg said.
Asian stocks mixed after Wall St, Europe retreat from records
Asian markets diverged Friday as hopes for US interest rate cuts played up against profit-taking from another strong week and warnings from Federal Reserve officials that borrowing costs should be kept elevated for now.
US ends leasing in its largest coal-producing region
President Joe Biden's government on Thursday announced it was ending coal leases in the Powder River Basin, the nation's largest coal-producing region, drawing condemnation from the mining sector and praise from environmentalists. It won't affect current coal leases in the region, which spans southeast Montana and northeast Wyoming.
Exhibition traces Jewish origins of Hollywood
A new exhibition opening in California this weekend traces the Jewish origins of Hollywood. The exhibition, which is on permanent display at the Academy Museum of Motion Pictures, takes its name from the original sign that loomed over downtown Hollywood.
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