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Asian markets bounce after tough week as US inflation looms
Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year. "Assuming the PCE comes in OK, the data suggests the Fed doesn't need to hike and may cut later in the year," Capital.com's Kyle Rodda said.
Flood-hit Brazil businesses count losses, look to future
The thriving economy of southern Brazil has been brought to its knees by historic floods, with vast agricultural land unusable and factories paralyzed. According to a local industry federation, nine out of 10 factories in the state have been affected by the flooding.
Mzansi turns the tables: Mmusi Maimane faces the music in General Election 2024
BOSA leader Mmusi Maimane has been dropping on the election leaderboard and South Africans could not help but troll him after he trolled ANC supporters.
Mamelodi Sundowns star Grant Kekana starts a foundation under his name: "I had a village behind me"
South African football player Grant Kekana started his own NGO foundation under his name. The Mamelodi Sundowns player will be hosting his Golf Day fundraiser soon.
World's biggest companies snap up 'likely junk' carbon offsets: analysis
Globally recognized companies -- from oil and gas majors to the banking sector and tech -- are contributing to greenwashing by snapping up vast quantities of "likely junk" carbon offsets, a watchdog warned Thursday.
'Uzalo' star Cebolenkosi Mthembu unhappy with IEC's new act after many people couldn't vote
'Uzalo' actor Cebolenkosi Mthembu was disappointed by the IEC's new act, Section 24A, as he witnessed people being turned away and not allowed to vote.
Humanity in 'race against time' on AI: UN
Humanity is in a race against time to harness the colossal emerging power of artificial intelligence for the good of all, while averting dire risks, a top UN official said Thursday. "We are in a race against time," she told the opening of a two-day AI for Good Global Summit in Geneva.
Oil giant Aramco says to offer shares worth over $10 bn on Saudi bourse
Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years. In a statement posted to the Saudi stock exchange, Aramco announced a "secondary public offering of 1.545 billion shares", with an expected price range between 26.70 and 29 Saudi riyals ($7 to $7.70).
Amapiano star DBN Gogo wishes herself happy birthday: "This year is very personal"
South African amapiano star DBN Gogo recently celebrated her 31st birthday on Thursday, 30 May 2024. The 'Khuza Gogo' hitmaker wished herself a happy birthday.
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