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US growth slumps in Q2

US growth slumps in Q2

The latest report diminishes from the Federal Reserve's somewhat more optimistic assessment last week.

Brazil inaugurates new metro line ahead of Rio Olympics

Brazil inaugurates new metro line ahead of Rio Olympics

The Olympic Games opening is scheduled for August 5.

If TPP fails, US will cede trade leadership role to China: US Trade Rep

If TPP fails, US will cede trade leadership role to China: US Trade Rep

China, and other BRICS countries, are not among the TPP nations.

Investments pour into emerging markets

Investments pour into emerging markets

While not yet compensating for billions in outflow in past years, investors have started to return to emerging market nations post-Brexit.

US reports local Zika cases

US reports local Zika cases

This marks the first time the authorities have reported direct mosquito to human transmission in the continental United States.

China, Russia to hold joint drills in South China Sea

China, Russia to hold joint drills in South China Sea

Beijing called a recent international tribunal ruling on South China Sea 'a farce'.

Top African Union official meets BRICS UN envoys: AU Fund in focus

Top African Union official meets BRICS UN envoys: AU Fund in focus

The meeting was held ahead of a UNSC open debate on "Peace-building in Africa".

Pay hike demands “ridiculous”, SA’s largest gold miner tells union

Pay hike demands “ridiculous”, SA’s largest gold miner tells union

Talks between unions and the mining companies started this month.

“Deliberate campaign targeting our athletes”: Putin at Rio send-off

“Deliberate campaign targeting our athletes”: Putin at Rio send-off

Russia had hoped to send 387 athletes to Rio.

Fed holds off from rate increase

Fed holds off from rate increase

But the Fed's latest statement after a two-day meeting indicates they are less worried about risks to economic growth.

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