Global News

8 months ago | August 18, 2023

NEW: SA confirms first case of new Covid-19 variant, ‘Eris’

The first case of the new Covid-19 variant was confirmed in South Africa, prompting the health department on Wednesday ...

8 months ago | August 16, 2023

NEW: Fitch warns it may have to downgrade dozens of US banks

Fitch Ratings warned on Tuesday that dozens of US banks, including JPMorgan, the largest bank in the country, could be ...

New Development Bank issues first local-currency bond in South Africa

The New Development Bank (NDB) successfully issued its first South African rand-denominated bond in the South African ...

9 months ago | August 11, 2023

NEW: Oil prices fall slightly

Oil prices fell marginally on Friday as investors weighed optimistic demand forecasts from the OPEC producer group ...

9 months ago | August 10, 2023

NEW: Biden signs order restricting tech investment in China ...

US President Joe Biden signed an executive order Wednesday that would block US high-tech investments in China despite ...

9 months ago | August 9, 2023

NEW: Moody’s downgrades 10 US banks, citing profitability ...

Ratings agency Moody’s downgraded the credit ratings of 10 US banks on Monday and warned of possible cuts to more ...

9 months ago | August 8, 2023

NEW: Fed official says more rate hikes likely needed to bring ...

Additional interest rate hikes will likely be needed to lower inflation to the US Federal Reserve’s 2 percent ...

NEW: ECB rate hikes might knock 3,8pc off euro area economy: analysis

Aggressive rate hikes by the European Central Bank (ECB) can inflict an adverse impact on the economy of the euro area, ...

9 months ago | August 6, 2023

‘Russia will return to grain deal after resolution of hitch’

RUSSIA will return to the United Nations-brokered grain deal once problems with the export of its products and ...

9 months ago | August 2, 2023

Weak economy leaves more jobless in Germany in July

Germany’s weak economic performance has “left its mark” on the country’s labor market as the ...

NEW: ‘Illegal child labor on rise in tight US job market’

Child labor violations in the United States have increased in recent years, while “some well-known companies and ...

9 months ago | August 1, 2023

NEW: Oil steadies near three-month high

Oil hovered around three-month highs on Tuesday as investors focused on tightening global supplies and demand growth in ...

NEW: ‘Crime pressing issue for American voters’

Crime is a top concern among many people across the country, and it’s proving to be a problem in the ...

9 months ago | July 28, 2023

NEW: ‘America’s love of sanctions to be its downfall’

In the past two decades sanctions have become the go-to foreign-policy tool of Western governments, led by the United ...