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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Why Gold Still Matters to South African Forex Traders in a Changing Global Economy
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OECD ups world growth forecast but sees Middle East 'risk'
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Unemployment rate increased from 32.9% to 33.5%, South Africans disheartened
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Hong Kong rally leads Asian markets, traders assess Fed rate plans
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IMF chief Georgieva says 'available to serve' for second term
Economy Latest News
Lack of rain leaves Italy gasping
A blanket of smog covers Milan, empty reservoir bake in Sicily and wine production is down in Piedmont as a lack of rain across Italy exacerbates pollution and sparks droughts. Meanwhile Piedmont in the northwest asked the agricultural ministry on Monday to declare a natural disaster for drought in the region, saying it has affected vineyards and caused "significant" drops in wine production.
Eiffel Tower closed again as staff extend strike: union
The Eiffel Tower, one of the world's top tourist attractions, will remain closed for a second straight day Tuesday as staff extend a strike, a union representative told AFP. The strike started Monday in protest over the way the monument is managed financially.
Wind-powered Dutch ship sets sail for greener future
The world's first chemical tanker ship fitted with massive rigid aluminium "sails" has left Rotterdam, its owner hoping to plot a route to bringing down the shipping industry's huge carbon footprint.
Potholes, a British obsession with a heavy price
Dotting the asphalt, they come in various shapes and sizes, costing drivers a fortune in vehicle repairs and even lives. According to the Asphalt Industry Alliance, more than £14 billion is needed to fix a backlog of repairs in England and Wales.
Lab-grown diamonds put natural gems under pressure
The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where 90 percent of the world's diamonds are cut and polished.
Made-in-China airliner seeks buyers at Singapore Airshow
China's first domestically produced passenger jet was presented at Asia's biggest airshow, which opened in Singapore on Tuesday, as Beijing seeks to woo international buyers. Although the airshow is a good opportunity for Beijing to show off the C919, finding a big-name buyer will be hard, said aviation analyst Shukor Yusof of Singapore-based consultancy Endau Analytics.
Capital One to buy Discover for $35.3 bn
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms. Discover is among the United States' major credit card networks, but is smaller than the top three: Visa, Mastercard and American Express.
China central bank cuts benchmark lending rate to boost economy
China's central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. But that, and recent announcements including central bank interest rate cuts and measures to boost lending, have had little impact so far.
Made-in-China airliner shown overseas at Singapore Airshow
China's first domestically produced passenger jet will be presented to potential buyers in an international debut at Asia's biggest airshow, which opens in Singapore on Tuesday. But while Boeing will be present at the airshow, it is not presenting any physical commercial aircraft, unlike in previous years.
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