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S.Africa Announces Visa Waivers to Boost Tourism

South Africa on Thursday announced visa waivers for four countries in a bid to boost tourism amid an economic crisis and falling visitor numbers.

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Asia Markets Rise as Trump Tariff Delay Boosts Trade War Hopes

Asian equities rose Wednesday as investors breathed a collective sigh of relief at news the US had delayed tariffs on a swathe of Chinese goods, easing tensions in their bitter trade war.

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Hong Kong Stocks End with Big Losses

Hong Kong shares sank more than two percent Tuesday following steep losses on Wall Street, with investors hit by worries over political unrest in the city as well as uncertainty about the China-US trade standoff.

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Singapore Cuts Growth Outlook as Trade War Bites

Singapore further cut its annual growth forecast on Tuesday as the escalating US-China trade war hammers exports, in another ominous sign for Asia's trade-reliant economies.

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Brexit Turmoil Drives UK towards Recession

Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge of recession and sending the pound tumbling to a 2.5-year low.

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Food Courier Deliveroo Pulls Out of Germany

British food delivery company Deliveroo said Monday it would pull out of Germany entirely this week, saying it plans to focus on more promising markets elsewhere.

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French Industry Hits the Beach to Woo Future Recruits

A few steps from the sea in the Normandy resort of Deauville, a group of curious holidaymakers in flip-flops and beach garb pepper a technician with questions as he extols the capabilities of a cutting-edge 3D modelling machine.

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Trump Says U.S. 'Not Ready' to Make Trade Deal with China

President Donald Trump said Friday he was not ready to finalize a trade deal with Beijing and signaled he might cancel talks set for September, raising the stakes in the intensifying U.S.-China trade war.

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European Stocks and Pound Slide on Italy, UK Woes

European stock markets slumped Friday and the pound hit a fresh two-year low versus the euro as traders reacted to a fast-moving Italian political crisis and official data showing the UK's Brexit-facing economy is on the brink of recession.

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Economic Consequences of Italy's Political Crisis

Italy's political situation is once again in flux after far-right Deputy Prime Minister Matteo Salvini pulled the rug out from under the ruling coalition.

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