Understand how the Israel-Iran conflict impacts South African petrol prices, food costs, and the economy, with insights into global oil supply and currency effects.
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Budget 2026: Will higher alcohol taxes push South Africans to the black market?
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Yellen in China to press officials on tech industry subsidies
US Treasury Secretary Janet Yellen arrived in China's Guangzhou on Thursday for meetings to press Beijing over fears the country's industrial subsidies for green energy, cars and batteries could flood global markets with cheap goods.
Swedish firm acquires rock legends KISS' catalogue
A Swedish entertainment group co-founded by ABBA's Bjorn Ulvaeus has acquired the music catalogue, name and likeness of KISS and plans to produce a movie about the legendary rock band, the company said Thursday. It said it had acquired KISS' "music catalogue, brand name and likeness -- including the world-famous face paint designs –- as well as trademarks of the iconic American rock band."
Asian markets lifted by US data and fresh rate cut hopes
Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year. But those concerns were allayed somewhat Wednesday when Powell said he still saw cuts coming this year.
Three companies in the running for NASA's next Moon rover
Three companies are in the running to provide NASA's next Moon rover for crewed missions planned later this decade, the space agency said Wednesday.
Disney wins proxy fight, turning back activists
Disney's leadership prevailed Wednesday in a high-profile and costly proxy contest against activist investors who had sought to shake up the company's board over concerns about successorship planning.
Cutting rates too soon could be 'quite disruptive': Fed's Powell
The US Federal Reserve's high benchmark rate is "doing its job" against elevated inflation, chairman Jerome Powell said Wednesday, warning that lowering it too soon could be "quite disruptive" for the American economy.
US Fed should avoid climate change 'mission creep': Powell
The Federal Reserve should avoid tackling politically-charged issues like climate change without Congressional approval if it is to maintain public trust in the institution, the head of the US central bank said Wednesday. The Fed should avoid "mission creep" in order to "maintain the public's trust" in the institution, Powell said.
Disney investors to vote on winner in succession proxy war
Disney shareholders will deliver a verdict later Wednesday in the company's long-running struggle over leadership at one of the spring's most costly and closely-watched annual meetings. "The root cause of Disney's underperformance... is a board that is too closely connected to a long-tenured CEO and too disconnected from shareholder interests," Trian said in December.
EU probes Chinese-owned solar panel firms over subsidies
The European Union on Wednesday announced investigations targeting two Chinese-owned solar panel manufacturers suspected of receiving subsidies as trade tensions heat up between Brussels and Beijing. In 2013, the EU imposed anti-dumping duties after European manufacturers said they were being forced out of business by underpriced Chinese panel imports.
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