South Africa's unemployment rate rose to 33.6% in Q2 2026, with 345,000 more people jobless to reach 8.5 million, Statistics South Africa reported Tuesday.

Saudi Arabia will host the 10th Future Investment Initiative in Riyadh from October 26-29 under the theme 'The Power of Legacy,' the Saudi Press Agency reports. Arabia

Saudi Arabia will host the 10th edition of the Future Investment Initiative conference in Riyadh from October 26 to 29, under the theme 'The Power of Legacy,' the Saudi Press Agency reported on Monday. The conference is expected to gather heads of state, investors, policymakers, and business leaders to address global economic and investment priorities.

Gold hits $4,400 per ounce, reaching a 10-week high amid sustained Chinese demand and US-Iran uncertainty over the Strait of Hormuz

Gold price hits $4,400 per ounce, reaching 10-week high amid sustained Chinese demand, US-Iran uncertainty over Strait of Hormuz.

China's NEV penetration hit a record 65.1% of passenger car retail sales in July, up 11.6 percentage points year-on-year, the China Passenger Car Association said. Domestic brands reached 83.8%.

China's NEV penetration rate hit a new high of 65.1 percent of total passenger car retail sales in July, up 11.6 percentage points year-on-year, according to the China Passenger Car Association. Among domestic brands the rate reached 83.8 percent, while luxury vehicles stood at 30.9 percent.

Brazil's exports to the EU rose roughly 4% in the first 60 days of the Mercosur-EU trade deal, VP Geraldo Alckmin said at Brazil's Agribusiness Congress on Monday.

Brazil's Vice President Geraldo Alckmin said Monday that Brazil's exports to the European Union rose about 4 percent in the first 60 days since the Mercosur-EU free trade agreement took effect, speaking at the 25th Brazilian Agribusiness Congress.