Masia: Concerned About South African Growth Next Year (Video)
Related Stories
Global bond sell-off deepens amid fears US economy may be running too hot – business live
Rolling coverage of the latest economic and financial newsFinancial markets are now much more confident that the US Federal Reserve will raise interest rates rates at least one more time this year. According to CME Fedwatch, there’s now a 55% chance that US rates are half a percentage point higher by the end of December – implying two quarter-point rate rises (or one beefy hike!). That’s on top of the Fed’s hike earlier this month.
Novo's new strategy hinges on something it can't manufacture: investor trust
Danish drugmaker Novo took the world by storm with its diabetes and weight loss drugs Ozempic and Wegovy. But this week, the company failed to reassure investors that it has a plan to compete after semaglutide, the active ingredient in those medicines, loses exclusivity in key markets in the early 2030s. It announced plans to launch more than five potential blockbuster drugs by 2030 at its Capital Markets Day on Monday.
Diesel prices across Australia could surge beyond $3 a litre as Trump eyes cut to US fuel exports
Fuel costs have risen to levels not seen since early April, adding to risk of inflation and interest rate hikeAustralian diesel prices could surge above $3 a litre if Donald Trump cuts off US diesel exports amid floundering negotiations with Iran. Fuel costs have risen to levels not seen since early April, adding to inflation risks and making another hike in interest rates all but certain.
Europe’s Year-End Stock Rally Hinges on Lofty Earnings
European equities face a high bar for a year-end rally as investor confidence hinges on one key factor: a robust outlook for corporate earnings.