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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Spurs tycoon Lewis pleads guilty to insider trading: prosecutor
The billionaire British former owner of Premier League side Tottenham Hotspur, Joe Lewis, pleaded guilty to insider trading in a US federal court on Wednesday, a prosecutor said. His holding company ENIC bought a controlling interest in Tottenham Hotspur Football Club in 2001 from then-owner Alan Sugar, another prominent British tycoon, for $22 million.
Biden wins US auto union backing, in boost against Trump
US President Joe Biden won the coveted election endorsement of America's biggest car workers union Wednesday, in a major boost to his battle with Donald Trump for the crucial blue-collar vote. Democrat Biden has relentlessly courted the union vote and appeared on a United Auto Workers (UAW) picket line last year during a strike against the big three US car giants.
EU rules have failed to cut car C02 emissions: report
Bigger, more-powerful cars have negated the impact of tighter CO2 emissions regulations in the EU, a report by the bloc's internal auditor found Thursday.
Sobering news: French winemakers go teetotal
Orders for Coralie de Bouard's alcohol-free red wine have been gushing in since the Qatari owners of Paris Saint-Germain football club asked her to come up with a teetotal tipple for them.
Canada central bank holds key lending rate at 5%
The Bank of Canada on Wednesday held its key lending rate at five percent for the fourth time in a row, saying it remains concerned about stubbornly high inflation. Its course, Shenfeld added, "has shifted from a discussion of whether rates are high enough to one about how long they need to keep rates at 5 percent.
UAE sued in $2.8bn US lawsuit over 'dark PR' disinformation op
The United Arab Emirates and its powerful ruler were sued in a Washington court Wednesday, accused of bankrolling a "dark public relations" operation that falsely linked an American oil trader to terrorist financing.
Polish farmers protest against 'uncontrolled' Ukraine imports
Polish farmers on Wednesday put up nationwide road blockades to protest against Ukrainian farm imports which they said were undermining their revenues. Farmers launched over 160 road protests with tractors and farm machinery, blocking or slowing traffic as they beeped horns and waved Polish flags.
UK PM Sunak defends Royal Mail delivery obligation
British Prime Minister Rishi Sunak on Wednesday pledged to maintain Royal Mail's obligation to deliver letters six days a week, despite calls for less frequent service to slash costs. Royal Mail's USO stipulates that it must deliver letters six days a week to all 32 million addresses in the UK for the price of a stamp.
UK says Royal Mail delivery obligation 'unsustainable'
An obligation that Royal Mail delivers letters six days per week risks becoming "unsustainable", a UK regulator said Wednesday as it proposed less frequent service. Royal Mail's universal service obligation (USO) stipulates that it must deliver letters six days a week to all 32 million addresses in the UK for the price of a stamp.
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