With surging fruit and vegetable costs in South Africa making it increasingly difficult for Lynn Pillay to buy healthy food for her family, she’s turned to smaller, independent stores in poor neighborhoods to try and find cheaper produce.
Desperate to find new markets for the vast quantities of natural gas it once sent to Europe by pipeline, Russia is on a mission to dramatically increase its ability to export the fuel by sea.
China’s economic recovery showed further signs of imbalance, with manufacturing activity contracting for the first time in months while a surge in holiday travel fuels consumer spending.
Chinese tourists returned to the skies in droves over the Labor Day holidays as people embraced travel again following the end of Covid curbs, providing a bright spot for an oil market facing broader demand concerns.
HSBC Holdings Plc raised its main lending rate for the first time this year as liquidity shrinks in the financial hub.
Faults with engines supplied by Pratt & Whitney to Go Airlines India Ltd. forced the budget carrier to keep part of its fleet of brand-new Airbus SE jets on the ground for a total of 17,244 days over the past three years, according to a legal filing in a Delaware court.
Banks say the European Central Bank may need a new funding program to help lenders make large repayments on pandemic-era loans without roiling the region’s money markets.
The European Central Bank is poised to slow the pace of interest-rate increases after its preferred inflation measure eased for the first time in 10 months.
German Chancellor Olaf Scholz heads to Kenya and Ethiopia on Thursday as part of a European effort to make inroads with countries of the so-called Global South and push back against the influence of authoritarian nations such as Russia and China.
Polish pension funds are fighting to preserve what little options they have left to invest in Warsaw’s shrinking stock market.
