US Supreme Court ruling on Trump's tariffs won't affect South African firms exporting to the US, says Dr. Kenneth Creamer, amidst significant policy changes.
US Supreme Court ruling on Trump's tariffs won't affect South African firms exporting to the US, says Dr. Kenneth Creamer, amidst significant policy changes.
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".
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.
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 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.
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.
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.
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.
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.
The BRICS group of nations pledged a billion dollars for storm-ravaged southern Brazil Tuesday as slowly receding floodwaters started to reveal the full extent of the devastation. The bank of the BRICS -- a group including Brazil, Russia, India, China and South Africa -- said Tuesday it would free the equivalent of more than a billion dollars to help the affected state.
Economy
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