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After FTX collapse, cryptocurrency sector fights back
The failure of the FTX platform has undermined investor confidence and threatened the young cryptocurrency sector, pushing its main players to mobilise to save it.
Nozi Sibiya's biography: age, Idols, P.O.B, occupation, social media, performance
We dive into everything you need to know about Nozi Sibiya, Idols SA season 18 runner-up, who has a budding music career where she can live her singing passion.
Renault touts 'warm' Nissan ties as pair review alliance
There is a "warm atmosphere" within the Renault-Nissan alliance and a deal regarding its future will be announced "in due time", the French carmaker's chairman said Tuesday. On Tuesday, Renault chair and alliance boss Jean-Dominique Senard sought to reassure reporters in Tokyo that the "warm atmosphere" within the alliance "bodes well" for its future.
Chip giant TSMC shares surge on Buffett stake
Shares in Taiwan's TSMC soared on Tuesday after Warren Buffett's Berkshire Hathaway confirmed it had taken a close to $5 billion stake in a major boost of confidence for the semiconductor giant. The company's shares and profits soared for the first two years of the coronavirus pandemic during a global shortage of semiconductors.
Anti-mafia reporter on trial for 'defaming' Italy's far-right PM
A trial pitting Italy's far-right Prime Minister Giorgia Meloni against investigative journalist Roberto Saviano opens on Tuesday, with the anti-mafia author accused of defamation for an outburst over her stance on migrants. Tuesday's trial is not the only one Saviano faces for defamation.
UK budget predicted to be a nightmare before Christmas
Britain will on Thursday hike taxes and slash public spending in a government budget signalling a return to austerity despite millions suffering a cost-of-living crisis in an economy facing recession. Truss' unfunded tax-slashing budget sparked a collapse in the pound and an explosion in state borrowing costs during her 49-day tenure that began in September.
Most Asian markets up further as China moves provide support
Asian markets mostly rose Tuesday as investors brushed off a reverse on Wall Street and focused on signs of slowing inflation and China's moves to shore up its economy. However, Asian traders were a little more upbeat, with dealers cheered by China's move to ease some of its strict Covid-19 restrictions and provide much-needed support to its beleaguered property sector.
Russia under pressure as G20 tackles Ukraine war, soaring food prices
The United States and its allies on Tuesday heaped pressure on Russia to end the Ukraine war, using a G20 summit to pin painfully high global food and fuel prices squarely at President Vladimir Putin's door Tuesday. US allies hope that argument finds favour with G20 nations that, while cautious about denouncing Russia, are deeply concerned about rising prices.
Clashes in eastern DR. Congo as envoy pursues 'dialogue' initiative
Troops and rebels traded heavy fire in the Democratic Republic of Congo on Monday, a military source and local inhabitants said, as an envoy from the East African bloc called for all armed groups to "silence the guns". "Silence the guns and join in a political process," he urged local armed groups.
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