World
South African Rand Declines Against Rising Dollar
South Africa’s rand fell against a stronger dollar on Monday as investors anticipated a central bank announcement on monetary policy...
Energy Giant ExxonMobil Sues EU To Block Energy Windfall Tax
US energy giant ExxonMobil is suing the European Union (EU) in a bid to stop its new windfall tax on...
How FTX bought its way to become the “Most Regulated” Crypto Exchange
Before this month’s collapse, FTX set itself apart from many of its peers in the largely unregulated crypto industry by...
How the surging U.S. Dollar is making it impossible to afford anything in Countries around the world
The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old...
Ghanaian-born UK finance minister Kwasi Kwarteng fired after 6 weeks in office
Kwasi Kwarteng is no longer chancellor, the BBC has reported. This comes after speculation that the British Prime Minister, Liz...
‘The worst is yet to come’: IMF says 2023 will ‘feel like a recession’
The International Monetary Fund (IMF) has predicted a tough 2023 as it cut growth predictions and forecast economic contraction in...
Elon Musk set to Showcase Tesla’s Humanoid Robot after Delay
Tesla CEO Elon Musk has said a robot business will be worth more than its cars, and on Friday investors,...
Oil Prices Edge Down, Recession Fears Back in Focus
Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses were capped by supply concerns...
FedEx Warns Of Worsening Economy And Pulls Forecast; Shares Drop 16%
FedEx Corp on Thursday withdrew the financial forecast it issued just three months ago, saying a global demand slowdown accelerated...
Gold bounces above $1 800 after US Inflation Data
Gold prices charged higher and broke above the key $1,800 level on Wednesday after relatively tame US inflation readings prompted...
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