A report reveals R100 in 2000 is now worth R385 in 2026, with food prices soaring over 500%, driven by fuel costs and inflation impacting South African households.
A report reveals R100 in 2000 is now worth R385 in 2026, with food prices soaring over 500%, driven by fuel costs and inflation impacting South African households.
Britain's couples could struggle for Valentine's Day gifts and meals after Amazon staff went on strike over pay Tuesday -- and will soon be joined by takeaway delivery drivers, organisers said. "Valentine's Day is one of the busiest days for delivery services, with a high demand for meal deliveries."
The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered bankruptcy, administrators said Tuesday, placing thousands of jobs at risk.
US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection. The food index also increased over the month, even as energy costs slumped due to lower gas costs.
The scaffolding around the spire of Paris's Notre-Dame cathedral has begun to come down, the authority charged with restoring the monument after a devastating 2019 fire said on Tuesday. In December, the cathedral regained its great cross, and got a new golden rooster to replace the old one that was destroyed in the April 15, 2019 fire.
Soaring food costs, economic stagnation and deteriorating living standards risk pushing voters into the far right's arms in European elections later this year, which could shake up the political agenda in Brussels.
Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day. Expectations inflation will come down to the Fed's two-percent target this year, allowing the bank to ease monetary policy, have been a key driver of a market rally that has pushed the Dow and S&P 500 to multiple records this year.
Tiger Woods unveiled his new Sun Day Red golf brand and apparel line with TaylorMade on Monday, after announcing the end of a 27-year partnership with Nike last month. His new brand, a separate business under the TaylorMade umbrella, plays off Woods' habit of wearing red shirts in Sunday final rounds after his mother, Kultida, said it was a powerful color in her homeland of Thailand.
The world's trade ministers could put the final touches to a historic fisheries deal when they meet in Abu Dhabi later this month, but other landmark agreements will likely prove more elusive. - In Trump's shadow - The meeting in Abu Dhabi is meanwhile seen by many as "the last chance" to reform the organisation before the possible re-election in November of former US president Donald Trump.
A private Houston-based company is set this week to lead a mission to the Moon which, if successful, will mark America's first lunar landing since the end of the Apollo era five decades ago.
Economy
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