WORLD BUSINESS & ECONOMY

Global stocks dip as ‘Christmas rally’ proves elusive, oil rises

Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off…

China’s $20 billion new Egypt capital project talks collapse

Talks between Egypt and Chinese builder CFLD for a $20 billion development in the new administrative capital have fallen through…

ECB ends 2.6tr euro bond-buying programme

The European Central Bank took the watershed decision to halt its 2.6 trillion-euro ($3 trillion) bond-buying program, capping massive monetary…

Wall street opens sharply higher on trade optimism

U.S. stocks jumped at open on Wednesday as the Wall Street Journal report about China’s plans to increase access for…

Stock selloff snowballs on fresh fears for world growth

Losses on global stocks snowballed on Monday, with European markets following Asian peers lower as fresh signs emerged of slowing…

South Africa’s Economy Emerges From First Recession in Decade

South Africa emerged from its first recession in almost a decade in the third quarter as recoveries in manufacturing and…