Share markets nosedived in Asia on Monday as the inflationary jolt from surging oil prices threatened to raise living costs and interest rates across the globe, while investors desperate for liquidity fled to the US dollar. Brent crude soared 27% to US$117.58/barrel, the biggest daily gain since at least 1988, which came on top of…
As tensions escalate again across the Middle East, global oil markets are entering another period of uncertainty. Even the threat of disruptions to tanker routes or energy infrastructure in the region can send crude prices sharply higher. Much of the world’s oil still moves through the strategic maritime chokepoint of the Strait of Hormuz. Any…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Seventh American service member dies amid U.S. war with Iran 03:02 UP NEXT Chaotic incident at Kansas City airport as officials warn about travel disruptions 01:55 Police search for perpetrators after explosion damages entrance of U.S. Embassy in…
Valve’s latest “Year in Review” blog post has cast a shadow over its ambitious 2026 hardware plans. What began as a confident push to expand the Steam ecosystem now looks like a struggle against global supply chain realities, leaving those eager for the new Steam Machine, Steam Controller, and Steam Frame in a state of…
Ukraine President Volodymyr Zelensky says ten other people – including children – are injured as rescuers continue to search through rubble.
In this episode of ITWeb TV, Johan Gellatly, MD of Altron FinTech, discusses the company’s several initiatives to boost financial inclusion in South African townships, as well as the challenges the kasi economy is facing in regards to digital payments adoption. #Altron #Fintech #FinancialInclusion Altron FinTech is stepping up efforts to digitise payments within South…
Russia helping Iran identify U.S. targets, sources say; Doctor adopts boy who came to surgery alone, then finds homes for his 5 siblings
AI rivals will be allowed on WhatsApp for a year, Meta Platforms said, aiming to head off a possible temporary order from EU antitrust regulators after complaints from competitors shut out of the messaging service. The European Commission, the EU’s competition enforcer, last month threatened interim measures to prevent potential serious and irreparable harm to…
Islamabad, Pakistan – The reverberations of a war in which US-Israel attacks have killed more than a thousand people in Iran, including the country’s supreme leader Ali Khamenei, and Iranian missiles and drones have fallen on Israel in retaliation, are being felt deeply in Pakistan. Six Gulf countries have also come under Iranian missile and…
The South African automotive landscape is at a crossroads as the Department of Trade, Industry, and Competition (DTIC) considers doubling vehicle import duties from 25% to 50%. While intended to curb the influx of affordable models from China and India and protect local manufacturing, industry titans, led by Volkswagen Group South Africa (VWSA) and BMW,…
