South Africa
McKinsey unit will pay $123 million to settle claims it bribed South African officials
This photograph shows a logo of American multinational corporation McKinsey & Company on the first day of the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in Barcelona on February 26, 2024. Pau Barrena | Afp | Getty Images A subsidiary of top global consulting firm McKinsey & Company agreed to pay nearly […]
Read More
Renting a car abroad? These are the countries that intimidate drivers the most
Driving in a foreign country can be pleasant or harrowing — ranging from a bucolic slow-roll through the countryside to a heart-pumping slog through a maze of city streets. But some countries make motorists more nervous than others. A survey published in October shows drivers are most concerned about getting behind the wheel in […]
Read More
Russia pushes ‘new world order’ agenda as it hosts beefed-up BRICS summit
Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia October 18, 2024. Alexander Zemlianichenko | Via Reuters Russia is rolling out the red carpet to its geopolitical allies as it hosts the latest BRICS summit on Tuesday, pushing its agenda to create a “new world order” that challenges the West. The group […]
Read More
It’s a big week for central banks around the world, with a slew of rate moves on the table
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin Building in Washington, D.C., on June 12, 2024. Kevin Dietsch | Getty Images A flurry of major central banks will hold monetary policy meetings this week, with investors bracing for interest rate moves […]
Read More
‘Spook the West’: Turkey’s bid for BRICS both a strategic and symbolic step, analysts say
Turkish Foreign Minister Hakan Fidan attends the BRICS+ session on a two-day BRICS foreign ministers summit held in Nizhny Novgorod, Russia on June 11, 2024. Sefa Karacan | Anadolu | Getty Images Turkey’s request to join the BRICS alliance is a move seen as both strategic and symbolic as the Eurasian country of 85 million […]
Read More
Has Boeing shaken your confidence to fly? A new MIT study could restore it
Airfare, departure times, flight length — these are the usual considerations for travelers who want to book a flight. But now, more are looking at a new factor: the aircraft itself. One in five travelers said they are doing more research into the plane they may be flying on before they book, while slightly […]
Read More
What is mpox and why has the WHO declared it a public health emergency?
Sebastian Condrea | Moment | Getty Images The World Health Organization has declared mpox a global public health emergency for the second time in two years, following the spread of an outbreak in the Democratic Republic of Congo to neighboring countries. New cases of the virus have since been been identified outside of the continent, […]
Read More
‘The World’ is a luxury ship that travels the world full time — here’s how much an apartment on it costs
A floating apartment. A residential yacht. A holiday home that travels the globe. The World, a luxury liner, has many descriptions, but “cruise ship” is not one of them, said resident Jim Minarik. “The only thing that’s similar between the world and a cruise ship is they float on the water,” he said. “If our […]
Read More
We drove Chinese EVs to see why rival automakers are worried
Trade groups say Chinese electric vehicles pose an “existential threat” to the U.S. auto industry. China currently makes about one out of every three of the world’s new vehicles, and it has the capacity to make even more, according to research firm Dunne Insights. But faced with a growing preference for hybrids at home and […]
Read More
Trying to cut back? These 10 places are deemed the ‘best’ places for an alcohol-free trip
Years ago, the manager of a hotel in Koh Samui, Thailand told me about an unusual booking that he once received during the middle of the night. A traveler had flown his entire family via private jet from Brunei to the Thai island after learning upon landing in Brunei that it is a “dry country” […]
Read More