International
9 months ago | July 28, 2023
IMF lifts world GDP outlook on US stability
The International Monetary Fund raised its outlook for the world economy this year, estimating that risks have eased in ...
Buffett overturns fossil fuel bets as global ESG push mints bargains
Warren Buffett’s (pictured right) multibillion-dollar purchases of oil and gas investments early in the pandemic paid ...
Jack Ma-backed Ant plans restructuring, paving way for HK IPO
Ant Group is planning a restructuring that will break off some operations that aren’t core parts of its China ...
AI’s grip on tech set for test with Microsoft, Alphabet earnings
Bets that artificial intelligence will revolutionise Corporate America and deliver riches to the biggest companies ...
Global economy on track, but not yet out of the woods
The global economy continues to gradually recover from the pandemic and Russia’s invasion of Ukraine. In the near term, ...
9 months ago | July 26, 2023
Chinese professor says youth jobless rate might have hit 46.5 pc
Reuters An unusually public claim by a Chinese professor that the country’s youth unemployment rate might have hit ...
9 months ago | July 25, 2023
Craft Properties gun for attainment of SDGs
Walter Nyamukondiwa Global innovators including construction and civil engineering guru, Professor Kudakwashe ...
10 months ago | July 21, 2023
Inflation reverberations
The post-Covid inflation surge and accompanying jump in interest rates was a global phenomenon. There were a few ...
Rio Tinto warns of China headwinds as iron ore shipments dip
Rio Tinto Group said second-quarter shipments of iron ore fell 1 percent from a year earlier, as China’s faltering ...
Russia readies pilot of digital ruble as war squeezes economy
Russia is pressing ahead with plans to introduce a digital ruble, joining a growing list of countries to experiment with ...
Soaring temperatures in Europe near record as wildfires rage in ...
An unrelenting heatwave stretching across southern Europe is expected to push temperatures close to a record on Tuesday, ...
10 months ago | July 18, 2023
Planned Zimbabwe carbon registry throws Belarus plan into doubt
Bloomberg A carbon registry and exchange that planned to launch in Zimbabwe next month has thrown the fate of two ...
Ethiopia wants to join the BRICS group of nations
The Conversation A few years ago, the Brics grouping – Brazil, Russia, China, India and South Africa – had lost salience ...
World’s worst currency flips to best, hurting Zimbabwe’s economy
Bloomberg In most countries, the currency turning from the world’s worst to best in the space of a month would be good ...
10 months ago | July 17, 2023
UK economy is likely to fall further behind Euro area next year
Bloomberg Britain’s economic growth will fall further behind the euro area next year, and inflation will remain ...
EU’s carbon border tax: new report shows Africa could lose ...
The Conversation A new European law that imposes the first-ever carbon border tax in the world comes into force in ...
10 months ago | July 14, 2023
African women lead the way in global boardrooms
At the age of 39, Faith Nkatha Gitonga is way ahead of the game. In just over a decade, the Kenyan fintech ...
ESG – Superior or just unique?
An article published by Bloomberg (2022) states that one in three dollars managed globally in 2021 was invested in ...
Higher interest rates needed to reach 2pc inflation goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to bring ...
Bear market rally or new bull market?
With the S&P 500 having rallied over 20 percent since its October lows, a number arbitrarily chosen to indicate a ...
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