The countdown has begun for the highly anticipated Nedbank Top Empowerment Conference 2025, taking place on 31 July – 1 August 2025 at the Sandton Convention Centre.
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Nota Baloyi criticises SA economy and gets dragged: "Do you have a university qualification"
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French govt to 'fight' TotalEnergies New York listing
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Pakistan and IMF discussing new multi-billion-dollar program, finance minister says
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US jury orders Monsanto to pay $857m over chemicals in school
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Uber, Lyft to pay $328 mn to drivers after New York state probe
Economy Latest News
US lawmakers race to avert weekend government shutdown
US lawmakers released a $1.2 trillion package in the early hours of Thursday to complete the 2024 federal budget -- teeing off a race to sign it into law before a government shutdown looming at the weekend.
US home sales rise in February by most in a year
Sales of existing homes made the biggest jump in a year last month on improved housing supply, according to industry data released Thursday, as mortgage rates held at slightly lower levels. Compared with February last year, however, home sales last month were still 3.3 percent down, NAR data showed.
Global music biz sees 10.2% growth in 2023: industry
Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over how to maintain growth in the streaming era. The music industry grew for the ninth consecutive year, thanks largely to the continued growth of streaming (up 11.2 percent), which now accounts for more than two-thirds (67.3 percent) of global revenues.
Leaders tout nuclear power as climate tool at Brussels summit
More than 30 countries -- including European nations, the United States, Brazil and China -- took part on Thursday in the first-ever summit held by the United Nations' atomic energy agency to promote nuclear as a "clean and reliable source of energy".
Turkey's central bank hikes interest rate to 50%
Turkey's central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of the world's highest inflation rates rose again last month. The central bank said Thursday that its "monetary policy stance will be tightened in case a significant and persistent deterioration in inflation is foreseen".
Switzerland becomes first developed economy to cut interest rate
The Swiss National Bank cut interest rates on Thursday -- the first to do so among the major central banks, saying the battle against inflation was working almost two years after launching its monetary tightening campaign. And the Norwegian central bank on Thursday kept its key interest rate unchanged at 4.5 percent but signalled it could start cutting later this year.
High inflation in Turkey dampens Ramadan's high spirits
As the sun sets over the Bosphorus, a long queue forms on a street in Istanbul as people wait for iftar -- the evening meal that breaks Ramadan's daily fast. - Fraternity in hard times - One hour before iftar, several hundred worshippers wait impatiently before the tent where the meals will be served after sunset.
In Spain, hi-tech hops keep beer bitter as climate bites
Outside the warehouse in northwestern Spain, it's a freezing, foggy morning but inside it's balmy, the warmth and LED lights fooling 360 hop plants to flower as if it were late August. "In this warehouse, we control all the environmental and nutrient parameters and the lighting factors, using LED lights to provide the plant what it needs when it needs it," said Sagrario.
Nuclear's EU comeback on show at Brussels summit
Promoting nuclear power was long taboo in Brussels, but a high-profile international summit Thursday will send loud and clear the message that atomic energy -- now touted by its champions as key to fighting climate change -- is back.
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