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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China signs landmark trading duty-free deal with South Africa
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Boeing Starliner's crewed launch abruptly halted, again
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US Fed's Powell says inflation fight may take 'longer than expected'
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Yellen in China to press officials on tech industry subsidies
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Tesla's German plant halts production after suspected arson attack
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Five things we learned at the China Auto Show
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.
Labour pledges to renationalise UK railways
Britain's main Labour opposition on Thursday vowed to renationalise the UK's much-maligned rail services within five years if it wins a general election due later this year. Labour has been pretty light on policy detail as it tries not to blow a huge lead over Prime Minister Rishi Sunak's Conservatives in opinion polls, and return to power after 14 years in opposition.
US announces sweeping cuts to power sector carbon emissions
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's fossil fuel plants as part of the United States' efforts to confront the climate crisis.
US to give Micron $6.1 bn for American chip factories
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday. Micron is set to invest up to $125 billion across both states over the next two decades "to build a leading-edge memory manufacturing ecosystem," according to the White House.
BTS agency to file complaint against subsidiary head over breach of trust
The South Korean agency behind K-pop sensation BTS said Thursday it will file a legal complaint against its powerhouse subsidiary's head for allegedly orchestrating a plan to break away from the parent company.
BHP launches $38.8 billion takeover bid for rival Anglo American
Australian mining giant BHP confirmed on Thursday a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector. Its longtime rival Anglo American has a market value of about $36 billion.
The Myanmar 'water brothers' salvaging shipwrecks on the tide
Diving into the darkness of the Yangon River, Than Nyunt starts another murky sortie in his months-long mission to salvage a sunken ship using the power of the moon. He says he has salvaged around 40 ships, from cargo boats to passenger ferries, since he started diving over four decades ago.
Asian markets mixed as global rally stalls, eyes on yen
Asian equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest tech-led rally may have gone too far. Tech titans Microsoft and Alphabet are due to report later in the day.
Tough times for Argentine factories as consumers penny-pinch
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking income buy fewer goods. In February, Argentina's economic activity slumped for a fourth straight month as self-described "anarcho-capitalist" President Javier Milei's budget-slashing plans took hold.
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