South African fuel prices are set for significant hikes in September, with diesel users facing the steepest increases amid rising oil prices and rand fluctuations.
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Relief for South Africans as inflation falls to 4.3%: Here’s what it means for your pocket
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China new year holiday spending surges past pre-pandemic levels
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Asian markets rally on renewed US rate cut hopes
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Climate change, Brexit threaten to wilt Dutch tulips
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Formula One owners Liberty Media buy MotoGP for $4.5 bn
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Israel-Hamas tensions hit world's biggest book fair
The Israel-Hamas war is set to overshadow the Frankfurt Book Fair this week after the postponement of a Palestinian author's award ceremony sparked condemnation from top writers and the withdrawal of several Arab groups.
Apple CEO Tim Cook makes surprise visit to China
Apple chief Tim Cook made a surprise visit to China this week, greeting gamers in the southwestern city of Chengdu as his company faces slumping phone sales in its biggest market. During a visit in March to Beijing, Cook said his company enjoyed a "symbiotic" relationship with China.
EU to seek virtual elimination of fossil fuels at COP28
The EU will seek a global phase-out of fossil fuels and for their use to reach a peak in this decade, according to the member states' common position adopted unanimously late Monday.
Most Asian markets rise as Biden prepares for Middle East trip
Asian markets mostly rose Tuesday and oil was subdued as Joe Biden prepared for a trip to the Middle East aimed at preventing the Israel-Hamas conflict spilling over into a regional conflagration. "The price action doesn't reflect an improvement in investors' outlook for the Israeli conflict, rather the absence of a significant escalation," Ian Lyngen, at BMO Capital Markets, said.
Xi, Putin to freshen decade-long friendship at Beijing summit
Ten years after toasting a budding friendship with vodka and cake, Xi Jinping and Vladimir Putin will meet again in Beijing this week seeking to further deepen the "no-limits" partnership between their two countries. The two countries describe their relationship as a "comprehensive strategic partnership" that has "no limits" on potential cooperation.
Ford executive chair calls for end of auto strike
Auto giant Ford's executive chairman on Monday urged workers to end their month-long strike, warning a prolonged stoppage could have a major economic impact. On Monday, Ford appealed to workers to band together against competitors like Japanese carmakers Toyota and Honda, as well as Chinese automakers -- in asking for an end to the strike.
Debt, inflation and the peso: Argentina's election worries
Argentina is Latin America's third-largest economy, bursting with natural resources, but has been unable to claw its way out of decades of economic instability that has brought its population to its knees.
Sacked Kenya moderators say mediation with Meta collapses
Facebook content moderators in Kenya said settlement talks to resolve a labour lawsuit against the social media behemoth's parent Meta collapsed on Monday, setting the stage for a renewed court battle. "The looming court battle follows the collapse today of talks," UK-based legal activist firm Foxglove, which is supporting the case, said in a statement.
EU's bitter bid to agree new budget rules before year ends
The clock is ticking, the debts are racking up but the EU still remains far from a deal on new budget rules. Even if no accord was struck in October "there could be a deal before the end of the year," said an EU diplomat.
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