International
7 months ago | September 19, 2023
The world is struggling to make enough diesel – here’s why
Jack Wittels, Rachel Graham, Chunzi Xu and Alex Longley Bloomberg The world’s oil refiners are proving powerless to make ...
8 months ago | September 15, 2023
Global debt returning to rising trend
The global debt burden retreated for the second year in a row, even though it remains above its already-high ...
Google turns 25, but will it survive AI?
September marks an important milestone in the history of the internet: Google’s 25th birthday. With billions of search ...
Inflation expectations drop for first time in two years
South African inflation expectations declined for the first time in two years, suggesting price-pressures have peaked ...
HSBC makes u-turn in dollar forecast
HSBC Holdings has made a u-turn on its dollar forecast, predicting the world’s reserve currency will now strengthen well ...
Oil price resurgence has further to run
When crude surges above US$90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each ...
Number of crypto millionaires nudges 90 000
There are 425 million crypto users around the world, and of these 88 200 are reckoned to be crypto millionaires, ...
8 months ago | September 8, 2023
Climate change: Developed nations must honour pledges
Business Writer Developed economies must honour their commitments to developing nations towards climate finance, ...
‘Climate change eating away Africa’s economic progress’
NAIROBI, Kenya. — Climate change is “relentlessly eating away” at Africa’s economic progress and it’s time to have a ...
Heat pushing humans to the limit
Elderly people dying of dehydration, children born underweight, hundreds beset by heatstroke. That’s part of the toll ...
Funding of fossil fuels eclipses climate finance
Funding for polluting industries far outstrips support for climate change mitigation, a new report shows. Top banks are ...
‘China slowdown means it may never overtake US economy’
China is no longer set to eclipse the US as the world’s biggest economy soon, and it may never consistently pull ahead ...
Money laundering poses risk to financial sector stability
Cross-border financial crime is here to stay. While people everywhere enjoy the convenience of a globally connected ...
Debt crisis threatens to engulf China’s surviving developers
China’s housing crisis has engulfed the country’s private developers, producing record waves of defaults and leaving a ...
Higher-for-longer mantra starts to weigh on emerging-market debt
Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch ...
8 months ago | September 6, 2023
UAE to buy US$450 carbon credits from Zim
Business Writer The United Arab Emirates (UAE) has pledged to buy carbon credits worth US$450 million from the Africa ...
8 months ago | September 1, 2023
Carbon credit speculators could lose billions as offsets deemed ...
Carbon credit speculators could lose billions as scientific evidence shows many offsets they have bought have no ...
Trash to treasure: Indonesian firm turns plastic into bricks
Ovy Sabrina fights plastic waste in Indonesia by spreading noodle packets, coffee sachets, straws and other trash around ...
Increase investment in renewable energy, Africa urged
Business Reporter Africa must increase investment in developing its renewable energy and attract greater support from ...
BRICS is expanding, now what?
After much speculation over the possible expansion of the BRICS grouping, it has now admitted six new members. Three are ...
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