South Africa’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than the 3.9 billion rand ($272 million) already promised, its managing director told a parliamentary committee on Wednesday.

Oil prices rose on Wednesday, paring overnight losses, with producers in the US Gulf of Mexico struggling to restart operations nine days after Hurricane Ida swept through.

The pollution, emissions and clean-up costs of plastic produced in 2019 alone could be $3.7 trillion, according to a report released Monday by wildlife charity WWF, warning of the environmental and economic burden of this  “seemingly cheap” material.

Boeing Co’s delivery of 787 Dreamliners will likely remain halted until at least late October as the US Federal Aviation Administration has rejected the company’s recent proposal to inspect them, the Wall Street Journal reported on Saturday. 

The US Gulf Coast Energy Company was boosted on Saturday by the reopening of the port and the restart of the refinery closed by Hurricane Ida, but damage to key facilities continued to curb oil production. 

Investors are girding their portfolios for potential stock market volatility, even as equities hover near fresh highs after logging seven straight months of gains.

The dollar took a dive and stocks slumped after disappointing US jobs data, while Tokyo rose on stimulus hopes after Japan’s prime minister signalled his exit.

Spending less on food. Drawing down on retirement savings. Dropping out of the workforce altogether.Last year, the United States massively expanded unemployment aid as Covid-19 broke out.

Oil prices fell on Friday after a weaker than expected US jobs report indicated a patchy economic recovery that could mean slower fuel demand during a resurgent pandemic. 

The engine of the US offshore energy production struggled to recover from Hurricane Ida on Friday as a lack of crews, power and fuel left most Gulf Coast oil and gas output offline five days after the storm passed. 

The Federated States of Micronesia will tap a US funding facility to construct a Pacific undersea communications cable, two sources told Reuters, after rejecting a Chinese company-led proposal that was deemed a security threat by US officials. 

The United States added far fewer jobs than expected in August as businesses grappled with the Delta wave of Covid-19, a major disappointment and yet another complication for President Joe Biden’s plans to remake the world’s largest economy.

The massive US service sector continued expanding in August but businesses remained worried about high prices and shortages of materials and labor, although there were signs that situation could be improving, an industry survey released Friday said.

The US trade deficit narrowed more than expected in July as imports declined likely because of shortages and a shift in domestic spending from goods to services.

US oil and gasoline firms strained to get offshore operations again up and operating on Thursday because the extent of Hurricane Ida’s damages grew to become extra obvious. 

US stock index futures inched higher on Thursday on hopes the Federal Reserve would maintain an accommodative policy amid signs that a broader economic recovery was slowing.

US officials are preparing a new antitrust lawsuit against Google over its power in the online advertising market,Bloomberg reported Wednesday.

Fear of the fast spreading Delta variant of Covid-19 and rising prices undermined Americans’ confidence in August, according to a survey released Tuesday.

Alphabet Inc’s Google unit, Facebook Inc and Microsoft Corp are the three biggest lobbying spenders in Europe in a battle against tough new laws aimed at curbing US tech giants’ powers, a study released on Tuesday showed.

The US economy and labor market have healed to the point that the central bank could begin to withdraw its stimulus measures by the end of the year, Federal Reserve Chair Jerome Powell said Friday.