IOL pic dado euro currency notes 100 200 500

Euro declines against major peers

Th euro is heading for its biggest monthly loss since March versus the greenback.

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IOL pic july8 sunset oil pump

Oil trades below $43 in Asia

“Prices are finding it hard to move higher or lower on the unchanging fundamentals,” says Phillip Futures.

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IOL pic nov27 cape swartland drought 6977

Cape to declare water disaster

Western Cape set to appeal to national government as dry conditions persist across the province.

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Emerging markets risk downgrade

Emerging markets face another wave of ratings downgrades next year, with the Africa/Middle East region potentially given a 'negative outlook'.

UK scraps carbon plans

Britain scraps plans to spend up to $1.5bn to help commercialise the technology for capturing carbon dioxide emissions from power plants.


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