Business articles

IMF cuts US growth outlook amid absent policies

The lack of details on President Donald Trump’s plans to reform the US economy prompted the International Monetary Fund on Tuesday to cut its growth forecast for this year and next.

Google fined record R35,1-bn by EU

The EU’s powerful anti-trust regulator is set to slap Google with a record fine on Tuesday in yet another salvo against a US tech giant, sources said.

UK nuclear plant to cost consumers ‘billions more’

A highly controversial UK government deal for the new Hinkley Point nuclear power plant will cost British energy consumers billions more pounds than forecast, the country’s National Audit Office said Friday.

US halts Brazil beef imports after failed safety tests

The United States announced Thursday a halt to all imports of fresh beef from Brazil, the world’s second-largest producer, citing “recurring” concerns after large shipments failed food safety tests.

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