
Latest News







President Cyril Ramaphosa plans to solidify South Africa's stance on Russia's invasion of Ukraine by sending four ministers to G7 countries as his envoys.

A jet belonging to Tesla CEO Elon Musk departed Shanghai on Thursday, Chinese flight-tracking data showed, as the tycoon wraps up a visit to China that has seen him express hopes to expand business in the world's largest market for electric vehicles. The mercurial tycoon, one of the world's richest men, is wrapping his first trip to China in more than three years.

For years, a band of science-loving "troll hunters" hounded climate change deniers off Twitter -- but Elon Musk's takeover has upended their efforts, with many ousted accounts back, pushing fresh disinformation. Despite the threat climate change poses to the planet, disinformation about it has gone largely unsanctioned on Twitter.

Asian markets mostly rose Thursday after the US House passed a bill to avoid a painful default, as traders turn their attention to the Federal Reserve's next policy meeting and China's struggling economy. Failure to do so before the cash run out -- said to be June 5 -- would have resulted in a default that many warned would hammer the global economy and markets.

US lawmakers were set to vote Wednesday on an 11th-hour deal to raise the national borrowing limit and avert a potentially catastrophic credit default, struck between Washington's warring parties after weeks of nervy, high-stakes negotiations.

Amazon on Wednesday agreed to pay $30.8 million to settle Ring and Alexa privacy complaints filed by US regulators, including accusations that employees spied on female customers, according to court documents.

Chile's state-owned Codelco copper company, the world's top producer of the metal, closed its Ventanas smelter Wednesday in an area dubbed "Chile's Chernobyl" for the grim environmental impact of heavy industry.

Two senior Federal Reserve officials indicated Wednesday that they may support skipping an interest-rate hike in June to give the Fed more time to assess the health of the US economy. - 'Skip' don't 'pause' - While there has been broad agreement over previous rate hikes, Fed officials are now publicly divided on the best path forward at the next FOMC meeting on June 13-14.

The European Union and the United States said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains.
Latest
Load more