Cardiff Tourism Tax Proposal Could Fuel Major Events and Boost City’s Economy, Says Leader
Cardiff, the vibrant capital of Wales, is considering the introduction of a tourism tax that could transform its tourism sector and help fund major events...
Category : BUSINESS
Zimbabwe’s Trade Deficit Worsens, Reaching US$2.1 Billion in 2024, Raising Concerns Over Economic Stability
Zimbabwe’s trade deficit has expanded significantly, reaching an alarming US$2.1 billion in 2024, sparking concerns about the country’s economic stability and future growth prospects. The...
Azul Airlines Completes Major Financial Restructuring, Raising New Capital to Strengthen Future Growth
The comprehensive restructuring involved both debt reduction and the infusion of fresh capital, which will be used to modernize Azul’s fleet, enhance operational efficiency, and...
Stock Market Faces Increased Volatility Amid Growing Economic Uncertainty
In what has become a volatile start to 2025, global stock markets are experiencing significant fluctuations as investors remain on edge due to persistent economic...
Coca-Cola Issues Voluntary Recall of Select Beverages Over Safety Concerns
Coca-Cola has announced a voluntary recall of several of its beverages, citing safety concerns after discovering potential contamination in certain products. The global beverage giant...
Microsoft in Talks to Acquire TikTok: Trump Weighs in on Potential Deal
In a significant development that could reshape the landscape of social media and tech, Microsoft is reportedly in talks to acquire TikTok, the popular video-sharing...
Tech Selloff Deepens as DeepSeek Triggers AI Rethink: Investors Reassess the Future of Artificial Intelligence
The ongoing tech selloff has intensified in recent days, with a notable catalyst sparking renewed skepticism in the market: DeepSeek, a prominent player in the...
Actually, Canada Helps Make “Made in the USA” Possible
Donald Trump keeps saying the U.S.-Canada trade relationship is unfair and somehow costing Americans. Yet again, he’s not telling the whole story. Canada and the...
Budget 2025: India Inc’s Achilles Heel – The Persistent MSME Credit Gap
As India prepares for its 2025 Budget, all eyes are on the government’s approach to addressing the credit gap faced by the country’s Micro, Small,...
China’s January Manufacturing Activity Unexpectedly Contracts, Reaches Five-Month Low
China’s manufacturing sector experienced an unexpected contraction in January 2025, signaling a concerning slowdown in the world’s second-largest economy. The country’s manufacturing Purchasing Managers’ Index...
Emerging Market Investors Seek Safe Haven in Frontier Assets Amidst Trump’s Tariff Threats
As global trade tensions escalate with the looming threat of increased tariffs under U.S. President Donald Trump’s administration, emerging market investors are increasingly looking to...
Unlocking South Africa’s Agricultural Potential: Strategies for Capitalizing on China’s Expanding Market
South Africa’s agricultural sector holds immense promise, and as the global demand for food and natural products continues to grow, the country is well-positioned to...
Brighton i360 £51M Debt Written Off to Facilitate Sale of Iconic Seafront Attraction
In a significant move to secure the future of the Brighton i360, the £51 million debt owed by the iconic seafront observation tower has been...
AstraZeneca Commits $820 Million to Canada in Major Investment Boost for Research and Development
In a move that underscores Canada’s growing importance as a hub for innovation, global biopharmaceutical company AstraZeneca has announced a new investment of $820 million...
TotalEnergies Further Delays $20 Billion Mozambique LNG Project Amid Security Concerns, FT Reports
TotalEnergies has announced another delay in the development of its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns in the...
Juba Markets Slowly Revive Amid Tensions, but Many Shops Remain Closed
Markets in Juba, the capital of South Sudan, are gradually returning to life after weeks of disruption caused by ongoing insecurity and economic instability. While...
SA REITs Deliver 36% Returns in 2024, Merchant West Predicts Further Growth
South African Real Estate Investment Trusts (REITs) recorded impressive returns of nearly 36% in 2024, significantly outperforming other asset classes. Analysts at Merchant West anticipate...
South African Banks Under Parliamentary Investigation for Lending Practices
South African banks are set to come under intense parliamentary scrutiny as concerns grow over their credit lending practices. The Parliamentary Standing Committee on Finance...
Karooooo Sees Earnings Surge with Logistics Sector Boost
South African tech company Karooooo has reported significant growth in its earnings, driven largely by a surge in demand within the logistics sector. The company,...
China Considers Selling TikTok’s US Operations to Elon Musk, Bloomberg Reports
China is reportedly contemplating the sale of TikTok’s U.S. operations to billionaire entrepreneur Elon Musk, according to Bloomberg News. The potential sale comes amid mounting...