Nota Baloyi recently weighed in on where the South African economy was standing, saying if it was doing good as people claimed, then the Rand would be stronger.
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US hiring slows more than expected in sign of cooler market
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Woman dies when car rams French farmers' roadblock
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US Fed officials raised inflation concerns, but still expected rate cuts in 2024: minutes
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US finalizes ban on last form of asbestos in use
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Senior US Fed official backs 'careful' approach to rate cuts
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Oil, gas drilling blocked in Alaska wilds as Biden seeks green cred
The United States on Friday blocked oil, gas and mining operations across tracts of unspoiled wilderness in Alaska, winning praise from environmentalists for safeguarding habitat for polar bears, caribou and other Arctic species.
China auto sector steps up Europe push with Spain plant
Chinese carmaker Chery signed a deal Friday to produce mainly electric vehicles in Spain, as Beijing's auto sector pushes ahead with plans to expand into Europe despite growing competition concerns. It is the second Chinese carmaker to set up in Europe after China's top electric carmaker BYD said in December it would build a factory in Hungary.
Kyrgyzstan's TikTok block builds censorship fears
In her photography studio in the capital of Kyrgyzstan, Aku Sharsheeva, tried unsuccessfully to connect to TikTok this week. Sharsheeva had used TikTok, which has more than one billion monthly users worldwide and is owned by Chinese tech giant ByteDance, to market her photography business.
Tesla to recall Cybertruck over acceleration defect
Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week. If the accelerator pedal becomes trapped, "the performance and operation of the pedal will be affected, which may increase the risk of a collision," Tesla said in the notice.
Nike's Germany kit deal 'inexplicable', says Adidas CEO
The sum reportedly paid by Nike to lure the German football team away from its historic partner Adidas was "inexplicable", the CEO of the German sportswear giant Bjorn Gulden told AFP in an interview. "If the numbers are right for what Nike paid the DFB, they are inexplicable for us" on the back of Adidas's own calculations, the Norwegian CEO said.
Oil surges, equities sink as Iran blasts fan MidEast escalation fears
Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran.
Mideast in 'shadow of uncertainty' due to regional conflicts: IMF
Economies in the Middle East and North Africa face a "shadow of uncertainty" from ongoing tensions in the region, a senior IMF official told AFP on Thursday. In the face of the ongoing conflicts in Gaza and Sudan, and a recent cut to oil supplies by Gulf countries, the IMF has pared back its growth outlook for the Middle East and North Africa (MENA) region once again.
IMF chief urges attention to war-ravaged Yemen, Sudan
International Monetary Fund chief Kristalina Georgieva on Thursday drew attention to the suffering in Yemen and Sudan, both plagued by civil wars and often overshadowed by the plight of other countries.
Family affair: Two more Arnault sons join LVMH board
Two sons of the world's richest man Bernard Arnault on Thursday joined the board of LVMH after a shareholder vote, further cementing the family's control on the French luxury goods giant.
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