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.
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.
A US-led push to reform the World Trade Organization's embattled dispute settlement system sparked divisions at a WTO meeting Wednesday, with India accusing Washington of bringing the trade body to a "standstill". - 'Sense of urgency' - Washington's push for reform has angered India, which accused the United States on Wednesday of bringing the WTO to a "standstill".
A 500 percent fuel price hike will take effect in Cuba this week, a month later than initially planned, the government of the cash-strapped island nation said Wednesday. But it delayed the hike after a "cybersecurity incident" last month.
Saudi Arabia's Public Investment Fund (PIF) on Wednesday announced a "multi-year strategic partnership" with the ATP, the governing body of men's tennis, extending the kingdom's influence on international sport. "Our strategic partnership with PIF marks a major moment for tennis," said ATP chief executive Massimo Calvelli in the joint statement.
Last year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said Wednesday. "On average a person would have to travel by air every day for 103,239 years to experience a fatal accident."
Workers across Greece were set to strike on Wednesday to demand answers a year after the nation's deadliest train crash, which killed 57 people and injured dozens more. "At least five of the 57 people died as a result of this fire," said committee member Giorgos Vlasopoulos.
Gamers are anxiously awaiting the release on Thursday of "Final Fantasy VII Rebirth", a title based on a 1997 classic that is blurring the boundaries between remakes and reboots.
In the dim light of a pub in the steel-producing Welsh town of Port Talbot, Jason Wyatt sips his beer, his voice laden with worry. Tata Steel claims to be losing one million pounds ($1.25 million) a day at Port Talbot.
Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day. Later Wednesday, investors will be looking out for comments from three Fed officials, which could offer fresh insights into the US central bank's rate cut outlook.
G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza.
Economy
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