Southern Africa and India reopen door to landmark trade pact
India and the Southern African Customs Union have formally revived negotiations for a preferential trade agreement, reopening a process that ...
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Month: August 2026
AI could give emerging markets a century of progress in a decade
Artificial intelligence could allow developing economies to achieve within a decade advances that might otherwise take a century, according to ...
Asian markets rally as US inflation eases rate fears
Asian stock markets opened mostly higher on Thursday as softer US inflation data reduced expectations of another near-term Federal Reserve ...
On this day in 1521: Fall of the Aztec empire
On 13 August 1521, the magnificent city of Tenochtitlan surrendered after a devastating siege by Spanish forces and their Indigenous ...
South Africa turns power surplus into an AI investment pitch
South Africa’s state-owned electricity utility Eskom is courting some of the world’s largest technology companies as it seeks to transform ...
Millions gather in Spain for a once-in-a-century solar spectacle
Millions of eclipse chasers, tourists and astronomers are converging on Spain ahead of Wednesday evening’s total solar eclipse, searching for ...
Markets split as Korean chip rally collides with oil and inflation fears
Global markets delivered a divided opening on Wednesday as a powerful technology rally lifted parts of Asia, while rising oil ...
On this day in 1877: Phonograph invented by Thomas Alva Edison
On 12 August 1877, Thomas Alva Edison is traditionally credited with completing the design that became the phonograph—the first practical ...
Banks’ AI race creates new systemic risk, Moody’s warns
Banks and insurers could achieve substantial cost savings and revenue growth through artificial intelligence, but their increasing dependence on a ...
Blockchain enters financial plumbing as Broadridge handles $8 trillion in July
Blockchain technology is gaining a larger role within mainstream capital markets after Broadridge Financial Solutions revealed that its Distributed Ledger ...