South Africa’s biggest truck maker warns 700% electricity price surge could undermine manufacturing
The warning comes as South Africa continues to grapple with rising production costs despite significant improvements in…
Bankruptcy boom: Businesses going broke in Europe’s biggest economy
Germany’s corporate insolvency crisis is no longer a story about a few struggling sectors or poorly managed firms.…
High rents are forcing non-college-educated men to live at home and fall out of the labor market
There’s a version of American manhood that used to run on a simple script: leave home, get a…
Canadian gold processor targets Africa’s informal mining economy with new plant in Senegal
The company said its Galam pilot plant in southeastern Senegal’s Kédougou region is more than 95% complete…
US Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
Despite concerns from debt hawks, the U.S. government is continuing to borrow at pace: For the fiscal year…
The AI Fueled Inflation Surge Will Hit the US Hardest, Goldman Says
The US is likely to bear the brunt of a worldwide inflation wave driven by AI, according to…
Businesses see confidence improve – but costs continue to weigh – The Irish News
Since my last column, quite a few things have changed. For a brief spell in June the sun…
Türkiye’s industrial output unchanged annually in May
ISTANBUL Türkiye’s industrial production remained unchanged in May compared with the same month last year, the…
Swiss workers miss out on a decade of economic growth
Real wage growth has slowed sharply for most Swiss workers over the past decade, leaving real disposable incomes…
China inflation steady in June as energy costs cool
China’s consumer prices stabilised in June as energy and commodities prices cooled, official data showed today. The consumer…
China Moves to Shore Up Struggling Brick-and-Mortar Retailers
China has unveiled 20 measures to support its struggling brick-and-mortar retail sector, urging stores to overhaul business models,…
High Oil Prices Are Fueling a New Heavy Crude Rush in Canada
Who says price isn’t a rationing mechanism? Rather than sink billions into long-term oil sands projects, Alberta energy…