Business & Economy
Fourth person ‘cured’ of HIV, but is a less risky cure in sight?

[ad_1] AIDS researchers introduced on Wednesday that a fourth person has been “cured” of HIV, but the damaging process for sufferers additionally battling most cancers could also be little consolation for the tens of hundreds of thousands dwelling with the virus worldwide. The 66-year-old man, named the “City of Hope”

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Business & Economy
A hawkish Fed signals further rate hikes and sees a slowing economy

[ad_1] The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a proportion level on July 27, 2022. The bounce was expected by most economists, though some had thought the central financial institution would go further in its makes an attempt to place the brakes on

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Business & Economy
Stocks push higher amid bets on slower Fed hikes: markets wrap

[ad_1] Stocks rose in Asia on Thursday and the greenback fell because the prospect of a slower tempo of Federal Reserve financial tightening filtered throughout world markets. An Asian share gauge added about 1%, however the positive factors had been smaller than Wednesday’s 2.6% surge within the S&P 500 and

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Business & Economy
Debt: The stark reality of trying times

[ad_1] Economists have lengthy warned that South African customers have an unhealthy relationship with debt and that rising debt ranges are unsustainable. The state of affairs has worsened throughout the previous couple of months, with residing prices rising on the quickest price in a number of years. The newest statistical

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Business & Economy
US Fed raises rates by 75 basis points

[ad_1] Federal Reserve officers raised curiosity rates by 75 basis points for the second straight month, delivering essentially the most aggressive tightening in additional than a technology to curb surging inflation — however risking a pointy blow to the financial system. Policy makers, dealing with the most popular worth pressures

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Business & Economy
The power of renewables: Job creation and an end to load shedding

[ad_1] FIFI PETERS: All issues vitality proper now, as a result of there was rather a lot of optimistic suggestions [on] President Cyril Ramaphosa’s Family Meeting yesterday, the place he outlined plans to attempt and end load shedding and enhance the vitality sector in order that the economic system is

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Business & Economy
[TOP STORY] Stocks that may benefit from Ramaphosa’s energy plan

[ad_1] SIMON BROWN: I’m chatting with Anthony Clark. You’ll discover him on Twitter and Small Talk Daily. Of course the president on Monday night gave plenty of speak round energy technology. Frankly, the story sounds nice. The execution is what’s going to matter. Read:At final: CR throws the kitchen sink

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Business & Economy
Alphabet, Microsoft spur hope big tech can handle slow economy

[ad_1] Alphabet, Microsoft and Texas Instruments posted double-digit quarterly income progress on Tuesday and expressed optimism concerning the coming months, reassuring traders who had been fretting that the know-how business was poised for a dour second half. Shares of all three firms rallied in late buying and selling, spurring S&P

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Business & Economy
Can we expect a fuel price cut next month?

[ad_1] FIFI PETERS: Some excellent news. Next month we may very well be in for a bit much less ache – nonetheless ache, however much less ache – in filling up on the pumps owing to the anticipated decline in petrol in addition to diesel costs. To talk about why,

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Business & Economy
Ramaphosa’s energy interventions get the nod from industry heavyweights

[ad_1] The complete energy response plan introduced by President Cyril Ramaphosa on Monday evening (25 July), which incorporates decentralising energy technology in the nation and accelerating the procurement of recent technology capability, has been met with optimism by varied stakeholders. Read: “Over the next three months, Eskom will take additional actions to add

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