Durban

US and European stock indices rose yesterday as risk appetite continued to recover from the volatility in the banking sector, and investors turned their attention back to data on inflation and Personal Consumption Expenditures Price Index – which is the Federal Reserve’s (Fed) preferred price measure – to be released on Friday.The technology sector, which includes … [Read more...] about Fed and US officials propose stepping up bank supervision

Kai Stubbs © Dave Lindemann Photography Long walls reeling down the Scottburgh point from behind the tidal pool revealed themselves at first light this morning as we kicked off the Rip Curl GromSearch Scottburgh presented by The Blue Marlin Hotel. This tournament is number 3 in a 5-part series, and once again, the waves turned on, much like in the previous two events, held … [Read more...] about Groms On Fire For Opening Day Of The Rip Curl GromSearch Scottburgh presented by The Blue Marlin Hotel

US stock indices came under bearish pressure on Monday as Treasury yields rose after several days of uncertainty brought about by the banking crisis, which saw yields drop to record low levels. Technology sectors stocks were the ones to suffer the most as they dragged the Nasdaq index to losses of more than 1%.The 2-year Treasury yield rose above 4% to 4.05%, while … [Read more...] about Consumers seem to have their confidence back

The team behind “Spinners”, French production company, Empreinte Digitale and South African production company, Natives at large have recently received exciting news: their highly anticipated eight-episode action-drama series filmed in Cape Town, received a nomination at the sixth edition of CANNESERIES.MAKING HISTORYThis marks the first African series selected in CANNESERIES’ … [Read more...] about Canal+ and Showmax’s “Spinners” nominated for best series at CANNESERIES