Household net worth exceeds $ 141 trillion, but debt is also rising sharply

Construction of residential single-family homes by KB Home is shown under construction in the community of Valley Center, California, United States, June 3, 2021. Mike Blake | Reuters US households…

Billionaire supports cancer, Covid vaccines in South Africa

South African biotechnology billionaire Patrick Soon-Shiong will announce a technology transfer plan for the manufacture of Covid-19 and cancer vaccines to this African country. The Californian entrepreneur will make the…

Blinken says US to release new strategy for Indo-Pacific region soon By Reuters

© Reuters. US Secretary of State Antony Blinken speaks at a meeting of the United Nations Security Council during the 76th session of the United Nations General Assembly in New…

Turkey cuts interest rates to push pound down as inflation soars

Newsletter: Europe Express Your essential guide to what matters in Europe today. Delivered every day of the week. Turkey’s central bank unexpectedly cut its benchmark interest rate on Thursday, despite…

Mortgage market unprepared for climate risk, industry report says

Jenna Fountain carries a bucket on Regency Drive in an attempt to retrieve items from their flooded home in Port Arthur, Texas, September 1, 2017. Emily Kask | AFP |…

LIVE ARCHIVES: The governor of Sarb on the MPC’s decision on interest rates

INITIATEDGOLD Subscribe for full access to all of our data sharing and unit trust tools, award-winning articles, and support quality journalism in the process. Statement of the Monetary Policy Committee…

India to likely allow export of Sputnik Light COVID photo this month

© Reuters. FILE PHOTO: A view shows vials with the single-dose Sputnik Light vaccine against coronavirus disease (COVID-19) at a vaccination center in a city market in Moscow, Russia, June…

British Airways axes plans to create a low-cost branch in Gatwick

British Airways PLC Updates Sign up for myFT Daily Digest to be the first to hear about British Airways PLC news. British Airways has scrapped plans to set up a…

Target to offer workers up to 5 million more hours this year

Target said on Thursday he is taking a different approach to staffing this holiday season as he braces for a rush of shoppers in stores and on his website: he…

Sing and dance as SA’s national airline returns to the sky

Jubilant South African Airways (SAA) staff at the country’s largest airport began to sing and dance on Thursday as the airline took off for the first time in about a…