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Disney bets on cruise market revival with new Japan liner

Targeting a launch in fiscal year 2028, the new ship will be modeled after the Disney Wish, the largest of Disney’s cruise liners.

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Double tragedy: The Zimbabwe farmers affected by illegal mining and climate...

The combined impacts create a complex web of challenges for rural farmers.

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Coffee prices will keep rising into 2025, roaster Lavazza says

This year’s poor harvest has seen roasters pay as much as $1 000 above futures prices for Vietnam’s beans.

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Visitors are shunning Paris’ most expensive hotels as the Olympics loom

Security has also been tightened along the Seine River before the opening ceremony on July 26, threatening further traffic snarls.

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Singapore says yes to edible insects in boost to food security

The Singapore Food Agency has released an insect regulatory framework that establishes guidelines for the import of 16 types of insects that have been approved as food. 

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Godongwana spells out fiscal limits, reforms

'The GNU is up and alive and working. We are working very hard here,' Ramaphosa said on the sidelines of the meeting. 'People are contributing, everyone is talking, so it is a great start to the GNU.' 

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South Africa needs central climate funding body, commission says

The new body will need to match available funds with projects and also help prepare investable projects to attract more money, the commission said.

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Global markets ramp up the ‘Trump trade’ after rally attack

'Political risk is binary and hard to hedge, and uncertainty was high as it is with the close nature of the race,' said Priya Misra.

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Oil wavers with dollar strength in focus after Trump shooting

Brent for September settlement rose 0.2% to $85.18 a barrel at 12:04 p.m. in Singapore

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Five key charts to watch in global commodity markets this week

Gold has been flirting with a new record as investors ramp up bets that cooling inflation will finally usher in a pivot to lower US interest rates.

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Bitcoin climbs to more than one-week high

Bitcoin rose as much as 4.5% on Monday and traded at $62 609 as of 5:15 a.m. in London.

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Nigerian central bank dollar sales fail to stem naira weakness

Slipping to the weakest level since March.

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Nigeria’s state oil firm rebuts Dangote claim on refinery stake

On Sunday Aliko Dangote said NNPC no longer owns a 20% stake in the refinery — built to a capacity of 650 000 barrels a day — as it failed to pay for the additional stake by June.

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Kenya braces for more protests with crisis-talks status unclear

Protests began in Kenya in mid-June over Ruto’s plans to increase taxes on everything from bread to diapers to raise more than $2bn the government needs to reduce its budget shortfall.

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Unit at Africa’s only nuclear plant extended until 2044

The decision is a relief for Eskom, whose mostly coal-fired plants have been prone to breakdowns, resulting in record power cuts over the last couple of years.

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South Africa to establish climate response fund by March

The creation of the fund, is an attempt to set aside money to pay for the strengthening of infrastructure against extreme weather as well as to restore bridges and roads damaged by those events. 

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SA power auction model may be rolled out across Africa

The DBSA, along with other development banks, is trying to kickstart energy projects in a region where 600m people, or about half the population, have no access to electricity.

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Powell says US data offer confidence that inflation is on path to 2%

Possibly paving the way for near-term interest-rate cuts.

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Ex-Mozambique minister faces US trial in tuna-bond bribe case

Chang allegedly pocketed $5m in bribes and facilitated the laundering of $200m in money funneled to Mozambican officials.

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Rio Tinto iron ore output rises, copper guidance disappoints

The company’s share price fell as much as 2.6% in Sydney on Tuesday.

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