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Exclusive: South Africa’s trade ties with BRICS vital- Davies

Exclusive: South Africa’s trade ties with BRICS vital- Davies

The South African Trade Minister said Pretoria expects to replicate its successful EU trade deal with the UK.

Indian lawmakers pave way for landmark tax reform

Indian lawmakers pave way for landmark tax reform

The new measure would replace 11 state and central levies into a national sales tax, reducing business transaction costs and creating a single market.

South Africans vote in closely contested local polls

South Africans vote in closely contested local polls

Africa's most industrialized country is struggling with diverse challenges, including promises to create jobs and address poverty.

Brazil, US in Olympics security cooperation

Brazil, US in Olympics security cooperation

Brazilian officials are working closely with allies to boost their anti-terrorism preparedness ahead of the Games.

Russian gas transit through Ukraine up 21% in January-July

Russian gas transit through Ukraine up 21% in January-July

Ukraine operates several transit pipelines and energy official have said the country could be forced to stop using some of them if Russian transit flows decline.

Brazil restores order in northern state, 65 arrested after unrest

Brazil restores order in northern state, 65 arrested after unrest

A police statement said 65 people suspected of committing acts of violence and vandalism had been arrested since Friday.

Big oil faces glut challenges

Big oil faces glut challenges

With oil prices sliding yet again, major companies are trying to balance investments with quarterly losses.

Chinese ride-hailing firm Didi to buy Uber China

Chinese ride-hailing firm Didi to buy Uber China

Uber has lost more than $2 billion in China in a costly battle with Didi for market share in the country.

China manufacturing contracts in July

China manufacturing contracts in July

The official PMI came in at 49.9 for July, down from 50.0 the month before.

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.