Scarborough, a once quiet conservation village in the Western Cape, has become a talking point online as foreign investors are apparently taking advantage.
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Yen sinks to 34-year low past 160 per dollar
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Economy relies on ANC presidential election outcomes, Ramaphosa needs to stay in power for the Rand's sake
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Major Baltimore bridge collapses after ship collision
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New farmer show of force as EU ministers tackle red tape
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At CES, tech for sleep, not late night scrolling
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Bitcoin not invented by computer scientist Wright: court
Australian computer scientist Craig Wright is not "Satoshi Nakamoto", the pseudonym used by the creator of the cryptocurrency bitcoin when it launched in 2008, a UK court ruled Thursday. "Dr Wright is not the person who adopted or operated under the pseudonym Satoshi Nakamoto in the period 2008 to 2011."
British newspapers: Who owns what?
A UK government proposal to ban foreign states from owning British newspapers looks set to scupper plans for an Abu Dhabi-led bid to take over the Telegraph Media Group (TMG). But even if the Telegraph plan by Sheikh Mansour bin Zayed Al Nahyan, deputy prime minister of the United Arab Emirates, goes nowhere, rival groups are looking to tighten their grip on UK media.
German defence firm Rheinmetall plans Ukraine arms factories
German arms manufacturer Rheinmetall said Thursday it plans to set up at least four factories in Ukraine, as it targets a record 10 billion euros ($10.9 billion) in sales this year.
Retail sales in US rebound less than expected in February
US consumer spending warmed slightly in February, according to government data released Thursday, with retail sales regaining ground after an earlier hit from cold weather. He added that sales of building materials and autos drove the February rebound after weather disruptions in January.
Biden opposes Nippon Steel takeover of US Steel
President Joe Biden said Thursday he is against the proposed sale of US Steel to Japan's Nippon Steel, as election year considerations appeared to outweigh the risk of angering key ally Japan. - 'Horrible' - But the proposed sale has become an election-year football in the United States.
Biden opposes Nippon Steel takeover of US Steel: statement
President Joe Biden said on Thursday he opposed the proposed sale of US Steel to Japan's Nippon Steel, in a move that could annoy Washington's close Asia-Pacific ally Tokyo. In December the USW ripped the proposed deal as reflective of a "greedy, shortsighted attitude" of US Steel, which dates to 1901, and questioned the ability of Nippon to honor contracts.
Foxconn logs second straight quarter of profits as AI demand surges
Taiwanese tech giant Foxconn on Thursday reported a second straight quarter of profit growth, with the Apple supplier boosted by demand for AI hardware and infrastructure. Thursday's figures follow better-than-expected profits in its third quarter thanks to rising demand ahead of the holiday season.
Foxconn reports 33% rise in fourth-quarter net profit
Taiwanese tech giant Foxconn on Thursday reported a 33 percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier. The boost came on the heels of two consecutive quarterly misses -- with January-March seeing a drop of 56 percent and a one percent fall in the following three months.
Boom times for Myanmar opium farmers as coup chaos bites
In a remote corner of Myanmar a line of farmers move through a field of nodding poppies, making small cuts in the greenish-purple pods to release opium resin. "I can only know about my region of poppy fields," he said.
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