Africa Cuts Growth - QuikReader

South Africa cuts growth target as economic reality bites

Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors

Business - Financial Times - 7 hours ago

East Africa leads Africa’s economic growth despite public discontent

World - Yahoo News - 2 days ago

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Dropbox to cut 20% of workforce as it moves to boost growth

Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...

Business - MarketWatch - 11 hours ago

Hong Kong to Ease Mortgage Rules, Cuts Liquor Tax in Growth Push

World - Yahoo News - October 16

US economic growth is strong — so why cut rates?

Only borrowers such as struggling commercial property and debt-laden zombie companies will benefit

World - Financial Times - October 17

China cuts interest rates in battle to hit year-end growth target

Beijing steps up efforts to reboot economy amid mounting pressure to achieve goal of about 5% growth

World - Financial Times - October 21

IMF warns on China's property market worsening as it cuts country's growth outlook

In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

Business - CNBC - October 23

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Norwegian Air Shuttle Cuts Fleet Growth Expectation Due to Boeing Strike

Norwegian Air Shuttle tempered its fleet growth expectations for next year due to a strike at Boeing, in the latest sign of how issues at the U.S. plane maker are disrupting airlines’ expansion plans.

Business - The Wall Street Journal - 5 days ago

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live

Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...

World - The Guardian - October 21

European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over

Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.

Business - CNBC - October 23

Faisal Islam: Where is the growth in Reeves' 'Budget for growth'?

Labour's first Budget in 14 years had a lot to say about growth, but forecasts paint a mixed picture.

Born in France but searching for a future in Africa

World - Yahoo News - 2 days ago

Born in France but searching for a future in Africa

BBC Africa Eye investigates the "silent exodus" from France of those fed up with racism and discrimination.

Therapeutic Food Shortage Puts African Children at Risk of Starvation, U.N. Agency Says

Supplies of a highly nutritious treatment are running out, according to UNICEF.

World - The New York Times - October 15

South Africa’s ‘second miracle’ coalition fights to endure

Unity government led by ANC and Democratic Alliance works to resolve tensions as it passes 100-day milestone

Business - Financial Times - October 16

Can AI help Africa close the development gap?

Machine learning could have transformative effects on developing economies and societies. But some fear a deepening digital divide

Business - Financial Times - October 17

Australia shocked in World Cup semis by South Africa

South Africa produce a stunning performance to knock Australia out of the Women's T20 World Cup in the semi-finals.

Double trouble and dancing troupes: Africa's top shots

World - Yahoo News - October 18

Barcelona formalize collaboration with Academie Africa Foot

World - Yahoo News - October 19

Millions of teenagers in Africa have undiagnosed asthma – study

Rapid urbanisation thought to be damaging adolescent health, as researchers say need for medication and diagnostic tests is urgent. Millions of teenagers in Africa are suffering from asthma with no ...

World - The Guardian - October 21

Idris Elba: Why I'm planning a move to Africa

The British star is backing film projects across the continent and wants to be closer to the action.

Capital barriers in Africa could ‘fracture’ the energy transition

Also in today’s newsletter, shale magnate says US democracy ‘would be safe’ under Trump

World - Financial Times - 6 days ago

A playwright in Africa hopes to break the cultural silence on rape

African playwright and actor Oliva Ouedraogo's “Queen” depicts the fictional journey of a girl who is raped by her stepfather on the night of his marriage to her mother, and decides to speak out ...

Entertainment - ABC News - 6 days ago