Digital localism: A pandemic-fuelled response to the tech giants?
Feb 02, 2021 13:21 pm UTC| Technology Economy
Retail giants like Amazon are blurring the boundaries of consumption. But thanks to platforms that link online consumption to local interests, the desire to buy local, a trend fuelled by the COVID-19 pandemic, is now...
The Reserve Bank could still go negative
Feb 02, 2021 13:10 pm UTC| Economy
Few people expected the Reserve Bank to adjust its cash rate at its first meeting of the year today, and for good reason. It has been saying loudly that it is not expecting to increase the cash rate for at least three...
Starbucks, Dunkin tackle issues that could shrink coffee-growing areas, threaten growers' incomes
Feb 02, 2021 10:47 am UTC| Economy Business
Major coffee companies such as Starbucks and Dunkin have committed to tackling climate change problems that could halve suitable coffee-growing areas within three decades. In addition to climate threats, market...
Coke Europe gets major approval for Coke Amatil bid but pressured to raise offer
Feb 02, 2021 00:01 am UTC| Economy Business
Coca-Cola European Partners (CEEP) has gained clearance from the Foreign Investment Review Board (FIRB) in its proposed $9 billion acquisition of Coca-Cola Amatil but faces pressure from hedge funds to raise its $12.75 a...
Sales by S. Korean carmakers rise 4.8% in Jan on SUVs
Feb 01, 2021 23:28 pm UTC| Economy Business
South Koreas five carmakers sold 597,213 vehicles in January, up 4.8 percent from 569,929 units a year earlier due to strong demand for sport utility vehicles (SUVs). Domestic sales by Hyundai Motor Co., Kia Corp., GM...
S. Korea's exports soar 11.4% in Jan. on strong demand for chips, auto
Feb 01, 2021 20:04 pm UTC| Economy
South Koreas exports in January rose 11.4 percent to US$48 billion from $43 billion a year earlier due to brisk demand for chips and cars, based on data from the Ministry of Trade, Industry, and Energy, The increase was...
Strong export demand push Canada's canola prices to 13-year high $718 per ton
Feb 01, 2021 16:03 pm UTC| Economy Business
Canada is running short of canola oilseed six months before the next harvest due to strong export demand that drove prices to a nearly 13-year high of $718 per ton last week. China, the top buyer, more than doubled...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight