International

4 days ago | May 3, 2024

‘We are energy nerds’

When Kevin Wood’s local utility started offering customers money in exchange for using less electricity, the father of ...

Huawei’s smart power solutions for commercial, industrial and ...

The Solar & Storage Live Africa 2024 exhibition saw Huawei launch its new smart ‘PV+ESS’ systems – incorporating its ...

Electrical cars pile up at European ports

China’s automotive industry has revolutionised over the past decade, from producing basic western clones to making cars ...

World economy looks to dodge stagflation rut

The world’s economic outlook is perking up as growth proves more resilient and inflation is set to cool faster than ...

Gold pushes higher as Fed’s message, yen swings spur gains

Gold edged higher as the Federal Reserve struck a less hawkish tone than expected when holding interest rates steady, ...

Pinterest surges most since 2020 on tilt toward shopping, Gen Z

Pinterest gained the most in more than three years after the company reported first-quarter sales and user growth that ...

2 weeks ago | April 26, 2024

Why the world of chocolate is in crisis

The world of chocolate is facing such immense cocoa shortages that the wild trading lured an unlikely player: Pierre ...

IMF: Paying Africa’s Climate bill

The world’s poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot ...

Asia bears biggest brunt of climate change

Asia was the region most affected by climate change, weather and water-related hazards globally last year, the United ...

Cocktail of health hazards

Numerous health conditions from cancer to pesticide poisoning have been linked to climate change. More than 2.4 billion ...

Wine-making regions threatened

Seventy percent of the world’s winemaking regions could become unsuitable for growing wine grapes if global temperatures ...

BHP’s bold bid for Anglo

BHP Group proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion (R741 billion), in a ...

3 weeks ago | April 19, 2024

WTO eyes global trade rebound but warns of risks

THE World Trade Organization (WTO) said this week that global trade should rebound this year from an unexpected slump in ...

IMF changes rules to speed debt revamps, avoid China delays

The International Monetary Fund has changed its process for supporting countries struggling with debt restructurings, a ...

3 weeks ago | April 17, 2024

Currency volatility is back as geopolitics add to dollar bets

Bloomberg Volatility in the currency market is surging as traders bet renewed concerns over geopolitical tensions in the ...

3 weeks ago | April 16, 2024

Dollar heads for best run in a year as Fed seen delaying cuts

Bloomberg The dollar is headed for its biggest rally in over a year on expectations US interest rates will stay high for ...

Why the dollar is causing chaos in emerging markets

Bloomberg Emerging-market currencies have tumbled this year as the dollar has gone from strength to strength. Taiwan’s ...

4 weeks ago | April 12, 2024

Amplats says it has received no credible offers for South African ...

Anglo American Platinum (Amplats) has not received offers for any of its South African assets, the mining company’s ...

Netflix founder, Ex-Alphabet CEO back African solar irrigation startup

Reed Hastings, the co-founder of Netflix and Eric Schmidt, the former chief executive officer of Alphabet, through his ...

World must prioritise productivity reforms

The world economy faces a sobering reality. The global growth rate—stripped of cyclical ups and downs—has slowed ...