South Africa’s National Treasury warned the country can’t afford to extend welfare grants to the poor, citing an over-stretched budget and spending pressures...
South Africa’s National Treasury warned the country can’t afford to extend welfare grants to the poor, citing an over-stretched budget and spending pressures...
MUMBAI: Rice loading has stopped at Indian ports and nearly one million tonnes of grain are trapped there as buyers refuse to pay...
COPENHAGEN: Denmark's central bank raised its key interest rate by 0.75 percentage points to 0.65% on Thursday, ending a nearly decade-long experiment of...
Investors are re-writing playbooks on how to trade Asia’s hallmark currencies as the dollar’s rampage pummels peers to fresh lows. With the greenback...
NEW YORK: Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his...
MADRID: Supermarket chain Carrefour will sell Spanish consumers a basket of 30 basic goods for 30 euros, the company said on Wednesday, days...
LONDON: Britain's battered pound fell to its lowest level against the US dollar since 1985 on Wednesday, lurching lower as investors dumped British...
South Korea’s Samsung Electronics Co. is warning that the semiconductor industry could be in for a rocky close to 2022. A senior executive...
New York: The blank-check acquisition firm that agreed to merge with former US President Donald Trump's social media company failed on Tuesday to...
WASHINGTON: The US Commerce Department said on Tuesday it hopes by February to begin seeking applications for $39bn in government semiconductor chips subsidies...
Singapore won’t limit the number of applicants for its newest work permit, Minister of Manpower Tan See Leng said, as the city-state seeks...
DUBAI: Opec+ members have trusted their chairman, Saudi Energy Minister Prince Abdulaziz bin Salman al-Saud, to intervene whenever necessary to stabilize crude markets...
GEORGETOWN, Guyana: Guyana is likely to earn more than $1 billion this year from its production share of offshore oil exports - more...
LUSAKA: Zambia will not be paying its $750m euro bond due in September until new terms of payment are agreed between the government...
Consumers driving the biggest boom in mechanical watches in decades are seeking out more expensive timepieces, and from entry-level marques to the most...
LONDON/NEW YORK: Finance bosses are offering more incentives, including free meals, ping pong and "contemplative spaces" as they battle to get staff back...
ZURICH: Credit Suisse is considering cutting around 5,000 jobs, about one position in ten, as part of a cost reduction drive at Switzerland's...
California: Microsoft’s plan to buy video game giant Activision Blizzard for $68.7bn could have major effects on the gaming industry, transforming the Xbox...
