The famous V&A Waterfront generated over R11 billion in 2025, averaging more than R30 million daily while supporting thousands of jobs in Cape Town.
The famous V&A Waterfront generated over R11 billion in 2025, averaging more than R30 million daily while supporting thousands of jobs in Cape Town.
The recent uptick in US inflation has weakened the case for the Federal Reserve to start cutting interest rates, a senior Fed policymaker told AFP on Thursday. "But you've got to start with when does inflation start to make that case?"
France's President Emmanuel Macron on Thursday called for a "sustainable" effort to scale up weapons production following the Russian invasion of Ukraine as he laid a foundation stone for a much-needed gunpowder factory.
British luxury carmaker Aston Martin Lagonda will continue to produce traditional combustion-engine vehicles for as long as legally possible, its boss told UK media this week. "For as long as we're allowed to make ICE (internal combustion engine) cars, we'll make them.
Strong growth in the United States has helped to lift the outlook for the world economy, but more needs to be done to stem a slide in productivity, the head of the IMF said Thursday.
The world's main benchmark for vetting corporate climate action has been accused by its own staff of "greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains.
Meta said on Thursday it was developing new tools to protect teenage users from "sextortion" scams on its Instagram platform, which has been accused by US politicians of damaging the mental health of youngsters. The legal filing alleged Meta had exploited young users by creating a business model designed to maximise time they spend on the platform despite harm to their health.
Legendary director Francis Ford Coppola will return to the Cannes Film Festival with his long-awaited epic "Megalopolis", organisers said on Thursday, announcing a line-up that includes some huge names of world cinema. But all eyes are likely to be on Coppola's "Megalopolis", marking the return of "The Godfather" director to the Cannes Croisette at the age of 85.
Universal Pictures was crowned Hollywood's top studio last year, dethroning Disney at the box office for the first time in nearly a decade with a string of mega-hits like "The Super Mario Bros. "There's not much more you could ask for than being number one at the box office, and winning the Academy Award for best picture," said chairman Donna Langley during Universal's presentation on Wednesday.
Electric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go before a crucial milestone.
Economy
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