International

1 day 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 ...

2 days 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 days 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 ...

1 week 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 ...

Boeing crisis of confidence deepens with 787 now under scrutiny

Boeing Co faces a deepening crisis of confidence after an engineer at the US planemaker alleged the company took ...

Biden races to commit billions to climate action as election looms

Amid rising global temperatures and a looming election against an opponent who has indicated he will gut his climate ...

Corporate climate pledge weakened by carbon offsets move

The ruling by the Science Based Targets Initiative (SBTi) was slammed as a “coup” yesterday and has sparked a revolt by ...

KPMG fined $25mn over exam cheating scandal

Hundreds of staff in KPMG’s Netherlands business, including senior partners and managers, cheated on professional exams, ...

Dangote to start gasoline deliveries

Nigeria’s new mega-refinery will begin domestic gasoline deliveries in May, weaning Africa’s most populous country off ...

2 weeks ago | April 5, 2024

Political change in Brazil, Colombia sees logging decline

The number of trees lost in tropical forests in Brazil and Colombia fell dramatically last year because of political ...

Global warming: World Bank warns of grim future

Climate change and global warming are no longer buzzwords. They have emerged as clear indicators of an impending crisis ...

Climate change, nuclear waste a toxic stew

Building weapons and storing contaminated material safely is becoming harder One of global warming’s more colourful ...

Why India will see more heatwave days in 2024

More heatwave days have been predicted this summer by the India Meteorological Department (IMD), with mercury already ...

US weekly jobless claims at two-month high

WASHINGTON – The number of Americans filing new claims for unemployment benefits increased to a two-month high ...

‘China’s development sets example for fast modernisation’

China’s development model sets an example of rapid modernization and growth, Selcuk Colakoglu, director of the ...

3 weeks ago | March 29, 2024

How AI will transform investment industry

Artificial Intelligence (AI) promises to usher in a new age of productivity and performance in the investment industry. ...