A growing significance of the gig economy in South Africa’s labour market. A using ride-hailing to supplement income, while some rely on it as a primary livelihood.
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Asian markets mostly lower as traders await fresh data
Asian markets began Tuesday mostly lower after record-setting gains last week, with traders eyeing the release of fresh economic data this week that could offer a better sense of when central banks may cut rates. But US markets fell on Monday, and Asian equities started this week with a "more cautious demeanour", Stephen Innes, managing partner of SPI Asset Management, said in a note.
Japan inflation falls to 2% in January
Japanese consumer inflation slowed for the third straight month to 2.0 percent in January, government data showed Tuesday. Japan's economy shrank an adjusted 0.1 percent quarter-on-quarter in the last three months of 2023, missing market expectations of 0.2 percent growth, according to government data released earlier this month.
Boeing staff confused on safety reporting: US study
Boeing employees are confused and distrustful of changes to safety reporting systems implemented by the aerospace giant after fatal plane crashes in 2018 and 2019, according to a US report released Monday.
Cuban cigar exports soar amid demand for luxury goods
International sales of Cuban cigars, the island nation's most emblematic export, soared 31 percent last year as global demand rises for luxury products, the country's main tobacco exporter said Monday. The sale is a boon for the Cuban economy, which retracted two percent last year amid its worst crisis in three decades.
EU poised to seize Russian profits, Greek envoy says
The European Union is expected to agree to seize Russian profits generated in the bloc, a key step to backing Ukraine that stops short of calls to confiscate assets outright, a Greek envoy told AFP on Monday.
US regulator sues to block $24.6 bn Kroger supermarket deal
US antitrust officials filed a lawsuit Monday to block Kroger's proposed $24.6 billion takeover of Albertsons on Monday, saying the supermarket acquisition would harm consumers.
China's BYD lands auto shipment in car powerhouse Germany
Thousands of cars from China's BYD rolled off a ship in the German port of Bremerhaven on Monday, as the world's biggest electric carmaker brought its challenge directly to Europe's auto making powerhouse.
New farmer show of force as EU ministers tackle red tape
Farmers faced off with riot police in Brussels streets paralysed by tractors on Monday, as EU ministers huddled to try to streamline rules and red tape that are fuelling protests across the bloc. Agriculture ministers from the 27-nation bloc were in Brussels to examine proposals for simplifying the EU's much-maligned Common Agricultural Policy (CAP) -- in a new attempt to try to assuage farmers.
Pay up, or else: Latin America cowed by lucrative extortion
Before he opened a new sauna in eastern Lima, Eduardo started receiving extortion messages from a local gang. Neither wanted to say if they eventually paid, but Eduardo opened his sauna, and Anita's hardware store is still operating. cm-vel/ljc/mar/fb/des
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