A Magaliesburg farmer faces R1.9 million losses due to the foot-and-mouth disease outbreak, impacting milk production as government vaccinations roll out.
Economy
Most viewed
Economy Latest News
Qatar eyes more long-term gas supply deals this year
Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand, Energy Minister Saad al-Kaabi said on Wednesday. The minister, who is also chief executive of QatarEnergy, said the state-owned giant had secured sales of 25 million tonnes of liquified natural gas (LNG) in the past year and expected to be "signing more this year."
EU cuts inflation forecast for 2024 despite uncertainty
The EU on Wednesday predicted lower inflation in the eurozone in 2024 than previously forecast but warned the single-currency area's economy still faced risks from geopolitical tensions including wars in Ukraine and Gaza. But he warned that Wednesday's "forecast remains subject to high uncertainty and -- with two wars continuing to rage not far from home -- downside risks have increased".
Renault to pursue autonomous minibuses but not cars
French automaker Renault said Wednesday it will pursue developing autonomous minibuses for public transit but would stick to driving assistance features for personal cars for the time being.
Chief of state oil company dismissed in Brazil
The CEO of Brazil's state oil company Petrobras has been sacked, the government announced Tuesday. The March announcement caused the company's share price to plummet and was seen by some analysts and opponents as direct government intervention.
Asian markets mixed as focus turns to US inflation report
Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling to pick up the baton after a record performance on Wall Street. A sense of optimism on Wall Street pushed all three main indexes higher, with the Nasdaq hitting a new record and the S&P 500 coming within a whisker of its own all-time peak.
Brazil government announces Petrobras chief dismissed
The government of Brazilian President Luiz Inacio Lula da Silva announced Tuesday that the CEO of state oil company Petrobras has been sacked. During that time, the company saw four CEOs succeed one another in rapid succession.
Parts of Canadian city in oil sands region evacuated as wildfire draws near
Four neighborhoods of Fort McMurray, a city in Canada's major oil-producing region, were ordered evacuated Tuesday as an out of control wildfire drew near and thick smoke filled the skies.
Push for new US lithium mine leaves some Americans wary
When Kristal Lee and her husband bought a house in Gaston County, North Carolina two years ago, they envisioned a "forever home". Lee learned about the mine a year after moving into her current home -- when Piedmont mailed the family a gift of coffee and a note.
US says Boeing can be prosecuted for 737 MAX crashes
The US Justice Department on Tuesday said Boeing can be prosecuted for two subsequent 737 Max crashes that killed 346 people approximately five years ago. Such a breach would mean Boeing can be prosecuted for any violation of federal law related to the crashes, according to US justice officials.
Economy
Load more