Young people turning to social media for financial advice from influencers should be cautious, one expert warns.
South African companies are facing what retailer Pick n Pay Stores Ltd. has just called “a permanent new reality” — electricity shortages. The related costs are weighing heavily.
Japanese investors offloaded a record amount of overseas debt last year as hedging costs rose and speculation the nation’s central bank would normalize policy fueled bets on higher local yields.
The UK economy suffered the biggest loss of purchasing power since the 1970s oil crisis after Russia’s invasion of Ukraine sparked a surge in energy prices.
Operators at one of the UK’s largest power generation facilities are set to begin a series of strikes this month over a wage dispute.
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