HSBC flags $1.1bn charge linked to Madoff fraud

AFP|Published

HSBC has revealed a staggering $1.1 billion financial charge linked to a European fund embroiled in Bernard Madoff' s notorious investment fraud, raising concerns ...

Definitive solution' on Brazil-US trade within days: Lula

AFP|Published

Brazil' s President Lula da Silva hints at a breakthrough in trade negotiations with the US, potentially lifting punitive tariffs after a tense period of relations. ...

P&G slashes tariff impact by 50% as earnings beat estimates

Bloomberg|Published

Procter & Gamble' s first-quarter sales surpass expectations as consumers embrace its premium products, leading to a significant reduction in projected tariff impacts. ...

South Africa seeks to save birds from wind turbine risks

AFP|Published

Discover how South Africa is tackling the challenge of protecting endangered birds from the dangers posed by wind turbines, with innovative protocols and conservation ...

Oil spikes as Trump targets two Russia giants

AFP|Published

Crude oil prices surged over 2% following US President Donald Trump' s announcement of heavy sanctions on two major Russian oil companies, igniting concerns over ...

Australia-US deal to challenge China rare earths reign: mining boss

AFP|Published

The recent US-Australia minerals deal marks a pivotal shift in the global rare earths landscape, potentially challenging China's long-standing dominance in this ...

Gold falls again as rally comes to halt, stock markets mixed

AFP|Published

Gold and silver prices have taken a sharp downturn, halting a remarkable rally, while stock markets show mixed reactions. What does this mean for investors and the ...

Nintendo aims to make 25 million Switch 2s to set gaming history

Bloomberg|Published

Will Nintendo's ambitious plan to produce 25 million Switch 2 units redefine the gaming landscape?

China' s economic growth slows amid sputtering domestic demand

AFP|Published

China's economic growth has fallen below 5% for the first time in a year, raising concerns about domestic demand and trade tensions. What does this mean for the ...

Trump’s threats succeed in halting global plan to clean up shipping emissions

Washington Post|Published

A UN plan to cut greenhouse gas emissions in shipping was shelved after President Trump's threats to punish supporting nations. What does this mean for global climate ...

Nestle to cut 16 000 jobs worldwide

AFP|Published

Nestle, the Swiss food giant known for brands like Nespresso and Perrier, has announced plans to cut 16,000 jobs globally over the next two years, a move that has ...

Crypto’s biggest crash reveals a market littered with pitfalls

Bloomberg|Published

How did Donald Trump's tariff threat trigger a massive crash in the cryptocurrency market? Explore the underlying vulnerabilities that led to this chaotic selloff. ...

Tencent’s ‘Delta Force’ success shifts focus to shooting games

Bloomberg|Published

Tencent's Leo Yao, once an anonymous developer, has catapulted into the spotlight with Delta Force, attracting 30 million daily players. As he leads a strategic ...

Google to invest $15 bn in India, build largest AI hub outside US

AFP|Published

Demand for AI tools and solutions is surging among businesses and individuals in India, which is projected to have more than 900 million internet users by year's ...

Trump tariffs on timber, furniture take effect

AFP|Published

What do Trump's new tariffs on timber and furniture mean for homebuyers in an already challenging market?

Trio wins economics Nobel for work on tech-driven growth

AFP|Published

The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking research on how technology drives sustained ...

IMF meetings to begin under fresh cloud of US-China trade tensions

AFP|Published

With the IMF and World Bank's semi-annual meetings commencing in Washington, global financial leaders face new challenges as US-China trade tensions escalate, raising ...

China accuses US of ' double standards' over new tariffs threat

AFP|Published

Amid escalating trade tensions, China accuses the US of double standards following Trump's threat of a 100 percent tariff. What does this mean for the future of ...

FirstRand warns UK’s car loan redress goes beyond expectations

Bloomberg|Published

FirstRand raises alarms as the UK’s proposed compensation for missold car loans could cost lenders £11 billion, challenging previous expectations and aligning with ...