International

5 months ago | December 15, 2023

The Fed not ready to speculate on rate cuts yet

The Federal Reserve will likely hold interest rates steady for a third straight meeting, while pushing back against ...

Anglo American suffers biggest drop since global financial crisis

Anglo American Plc suffered its biggest daily drop since the global financial crisis on Friday, after unveiling plans to ...

Jury finds Google’s app store broke anti-monopoly laws

Google lost an antitrust lawsuit filed by video game maker Epic Games, with a jury finding the tech giant’s mobile phone ...

5 months ago | December 8, 2023

‘No bears left’ is worrying refrain coming from Wall Street

The message coming from Wall Street is that investor optimism is running dangerously high. Overstretched technicals and ...

‘Uncertainties could potentially constrain future equity returns’

Momentum Investments has cautioned that the narrow-based advancement in the US equity market in 2023 has raised concerns ...

BAT writes down value of US cigarette brands by £25bn

British American Tobacco said it would write down the value of some its US cigarette brands as more smokers quit, switch ...

US companies exhibit at China Supply Expo

The first China International Supply Chain Expo (CISCE) was held here with US companies making up a solid 20 percent of ...

5 months ago | December 1, 2023

Packed schedule for President at COP28

Kudzanai Sharara in Dubai, UAE President Mnangagwa is expected to jet in this morning for the 28th edition of the UN ...

Charles Munger dies at 99

Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren Buffett’s right-hand man ...

5 months ago | November 27, 2023

Panama logjam could benefit Europe as US LNG cargoes avoid Asia

moneyweb.co.za By Anna Shiryaevskaya, Bloomberg The Panama Canal is a vital shipping route for LNG supplies from the US ...

6 months ago | November 24, 2023

SA’s quest for energy security threatens climate goals

South Africa is likely to prioritise energy security over its decarbonisation aspirations to avoid further damage to its ...

An invisible killer’: Beijing cleans up toxic air, why can’t New Delhi?

More than 20 million people woke last week to a thick, acrid, and noxious smog that settled densely across the Indian ...

Biden, Xi’s meeting sent important signal for US business in China

US President Joe Biden’s meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship ...

Black Friday, Cyber Monday spending projected to hit new high

Consumers plan to spend an average of US$567 during Black Friday and Cyber Monday shopping events, up 13 percent from ...

Warren Buffett’s US$870m donation

Warren Buffett donated more than US$870 million in Berkshire Hathaway stock to four family foundations before ...

Goldman Sachs signals gain for Chinese stocks

Goldman Sachs picked sectors in China’s mass consumer market and technology, media and telecom as likely winners in the ...

6 months ago | November 17, 2023

‘Despite climate pledges, Canada,other fossil fuel producers set ...

Canada is among a group of top fossil fuel-producing countries on pace to extract more oil and gas than would be ...

Biden, Xi’s ‘blunt’ talks yield deals on military, fentanyl

US President Joe Biden and Chinese leader Xi Jinping agreed on Wednesday to open a presidential hotline, resume ...

India reports record merchandise trade deficit for October

Merchandise exports stood at $33.57 billion, while imports shot up to $65.03 billion, compared with exports of $31.60 ...

Gaza’s economy, crumbling for years, is being pounded to dust

The solar energy company Sunbox paid its 15 full-time employees in Gaza this month. But next month is uncertain: The ...