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Business and Economy

What is Angela Merkel’s economic legacy?

Once the sick man of Europe, Germany weathered the financial crisis and the Great Recession better than its neighbours. Via

Why are Nigerians paying for fake COVID test results?

Lagos, Nigeria – In August, the University of Lagos temporarily closed its doors after positive cases of COVID-19 were reported in hostels on the...

Brazil’s Bolsonaro complains about gas prices as inflation soars

Seven out of 10 Brazilians blame the government of President Jair Bolsonaro for their loss of purchasing power, according to a recent Datafolha poll.By Simone...

OPEC says oil will remain number one, despite green energy push

Halting new investments in fossil fuels is “wrongheaded” despite global commitments to transition to greener energy, the head of the Organization of the Petroleum...

Joe Biden faces defining moment in US presidency

Nine months into his presidency, Joe Biden is in political trouble. After fours years of chaos under Donald Trump, Biden promised competency and a return...

New Zealand introduces rules to cool its red-hot housing market

Record-low housing affordability is a crucial issue for the government of Prime Minister Jacinda Ardern.New Zealand is introducing rules designed to make property speculation...

Qatar Airways suffers $4bn annual loss on pandemic hit

Qatar Airways reported on Monday that its annual revenue loss topped $4bn, and its passenger numbers plunged by 82 percent year over year as...

South African Airways resumes flights after bankruptcy

SAA survived for decades on government bailouts and was shedding routes even before the COVID-19 pandemic struck.South Africa’s embattled national airline has flown its...

Ex-US defence chief testifies he was deceived by Elizabeth Holmes

Theranos founder Elizabeth Holmes faces 20 years in prison after being charged with lying to investors and patients about the capabilities of her firm’s...

UAE, India look to double trade to at least $100B over five years

The United Arab Emirates is trying to burnish its credentials as a global hub for business and finance in the face of growing regional...

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