China tells Trump: If you want trade talks, cancel tariffs
China has called on the US to cancel its sweeping tariffs on Chinese goods entering the country as a sign that the President Donald Trump is serious about resolving the t...
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Musk to reduce Doge role after Tesla profits plunge
Tesla boss Elon Musk has pledged to "significantly" cut back his role in the US government after the electric car firm reported a huge drop in profit and sales for the st...
Tesla shares tumble ahead of first-quarter earnings report
Tesla shares fell almost 6% on Monday, a day ahead of the electric vehicle company's first-quarter earnings report, as analysts fret over "ongoing brand erosion."The stoc...
Donald Trump insists there will be NO tariff exemptions in dramatic policy reversal
President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electro...
Elon Musk’s Net Worth Falls Below $300 Billion for First Time Since November
Tesla Inc. chief Elon Musk ’s wealth has slipped below $300 billion for the first time since November as the indiscriminate fallout from President Donald Trump ’s tar...
Billionaires' ball! Global tech and media moguls Mark Zuckerberg, Bill Gates and Rupert Murdoch are joined by their wives on the red carpet at prize ceremony in wake of Trump's tariffs
Global tech and media moguls have graced the red carpet with their wives for a glitzy prize ceremony.Mark Zuckerberg, Bill Gates and Rupert Murdoch were all spotted at th...
Tariffs, Crashing Equities, Recession? - What On Earth Is Going On?
I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there...
Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Pr...
Trump’s tariff formula confounds the world, punishes the poor
Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariff...
Trump Defies Market Wisdom, And Look Who'll Pay
If there’s one thing that the White House wants us to know about the new tariffs that promise to upend the global economy, it’s that they’re “reciprocal.”We now...