Chinese automakers are moving deeper into South Africa's vehicle market, using electric vehicles, hybrids and pickup trucks to build on a rapid increase in their presence and challenge established manufacturers on several fronts at once. The latest launches at the WesBank Festival of Motoring in...

Coral reefs are facing a problem more serious than any single bleaching event: the time available for recovery is shrinking. A new assessment of more than four decades of observations from nearly 37,000 reef sites across 120 countries and territories indicates that major bleaching events are now...

Venezuela's interim President Delcy Rodriguez says a new energy agreement with the United States will remain in force for 25 years, making the arrangement far more significant than a short-term effort to restore oil production. The agreement is intended to rebuild Venezuela's damaged petroleum...

China’s three largest state-owned airlines have been pulled back into heavy losses by a combination of soaring jet fuel costs, weak domestic pricing power and disruption to international routes, exposing the fragile economics of the country’s aviation recovery. Air China, China Eastern Airlines and...

The proposed increase in US tariffs on Canadian-built vehicles threatens to leave Toyota and Honda carrying much of the financial burden of a trade dispute between Washington and Ottawa. The two Japanese automakers account for more than three-quarters of vehicle production in Canada, and their...

Institutional investors are increasing their exposure to private credit across Asia, attracted by a market that remains relatively small compared with North America and Europe but offers a growing pool of borrowers seeking financing outside traditional banks. Recent fundraising by Granite Asia and...

The European Central Bank should consider putting central bank money directly onto blockchain-based financial networks to ensure that the euro remains central to Europe's evolving digital financial system, ECB Executive Board member Isabel Schnabel has argued. Her comments represent a policy view...

Federal Reserve Chair Kevin Warsh has given investors a clearer indication that persistent inflation could force the central bank to raise interest rates, but he stopped short of saying when such action would come. His first major speech at the annual Federal Reserve conference in Jackson Hole...

Stablecoin-linked cards are moving from a niche cryptocurrency product toward a more practical payments tool, with industry spending reaching a record monthly level and RedotPay forecasting that annual card spending could reach $50 billion by 2028. The projection is ambitious, but the underlying...

For more than a century, researchers have tried to teach the immune system to recognize and destroy cancer, but the results have rarely translated into broadly successful treatments. That history makes the latest results from Moderna and Merck significant. Their personalized messenger RNA cancer...

The six-month war involving Iran, the United States and Israel has created an unusual problem for American businesses: the cost of transporting goods is rising not only because fuel has become more expensive, but because transportation companies can pass those higher costs to customers through fuel...