China ditches its annual growth target for the first time

Chinese Premiere Li Keqiang pledged to impose a controversial new national security law...

Covid-19 could cost the global economy R1.47 quadrillion over 5 years, a study warns

The cost projections are based on 2019 gross domestic product volumes which stood at...

Chanel, Louis Vuitton hike handbag prices

French luxury house Chanel and others are raising prices across the globe on its iconic...

The UK economy shrank 5.8% in March, the fastest drop in history

The UK's economy shrank at the fastest rate since the 2008 financial crisis in the first...

BP CEO says we may have seen 'peak oil' - demand may never fully recover from its Covid-19 crash

"It's not going to make oil more in demand. It's gotten more likely to have oil be less...

Nike is donating R100 million worth of apparel products to healthcare workers in the US and Europe

Nike said it will donate 32,500 pairs of its Air Zoom Pulse sneakers — a comfortable...

China economy shrinks by 7%, first drop since the 1970s

China's economy shrank for the first time in almost half a century as production and...

Japan declares state of emergency, plans R18 trillion stimulus to combat the Covid-19 downturn

The world's third-largest economy will deploy the funds to provide security and protect...