International

19 hours ago | April 26, 2024

Why the world of chocolate is in crisis

The world of chocolate is facing such immense cocoa shortages that the wild trading lured an unlikely player: Pierre ...

IMF: Paying Africa’s Climate bill

The world’s poorest countries, especially those in Africa, are struggling to pay for a climate crisis they cannot ...

Asia bears biggest brunt of climate change

Asia was the region most affected by climate change, weather and water-related hazards globally last year, the United ...

Cocktail of health hazards

Numerous health conditions from cancer to pesticide poisoning have been linked to climate change. More than 2.4 billion ...

Wine-making regions threatened

Seventy percent of the world’s winemaking regions could become unsuitable for growing wine grapes if global temperatures ...

BHP’s bold bid for Anglo

BHP Group proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion (R741 billion), in a ...

1 week 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 ...

1 week 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 ...

1 week 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 ...

2 weeks 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 ...

3 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 ...