iiTrader’s Baruch sees gold rolling through $1,300

Africa's rapidly developing cannabis industry could soon supply the entire world. Uganda is already cultivating medical cannabis for the German pharmaceutical market.

The coronavirus pandemic forced many companies to halt business travel almost overnight. The economic consequences for airlines and hotels have been dramatic, leaving many to wonder if corporate travel will bounce back.

The former US president has been fined $10,000 per day until he complies with a New York court order to turn over documents as part of an investigation into his business practices.

More European businesses in China are looking to shift their investments due to the country's strict coronavirus lockdowns, according to the European Chamber of Commerce.

Find these stories and much more when you grab a copy of The Guardian on Friday.

Wall Street had one of its worst days in recent weeks on Monday as a worse-than-expected US inflation figure last Friday fuelled concern about more aggressive rate hikes to come from the Federal Reserve. Cryptocurrencies also continued to tank after a lender froze withdrawals. Plus, as Europe looks to bolster the continent's energy security, France's TotalEnergies signs a deal with Qatar on a major gas field project.

Several cities in the country were thrown into darkness on Sunday, June 12 2022, following the collapse of the national grid for the sixth time in 2022. Here is how multiple national grid collapse is paralysing business activities in Nigeria.⁣

German businesses have been losing confidence in the current economic climate as growth prospects worsen. The ifo Institute that published the survey pointed to high energy prices.

Two studies indicate that COVID-19 emerged from an animal-to-human spillover at a market in China's city of Wuhan. Both papers bolster the theory that the virus emerged naturally, rather than escaping from a Chinese lab.

An explosion at a market in the Armenian capital, Yerevan, has killed at least one person and injured many more. The initial blast sparked a fire.

Dealers and consumers alike are lamenting the galloping spike in the landing cost of automotive spare parts that has increased by at least 40 to 100 percent in the last couple of weeks. The upsurge in prices, on account of the protracted foreign exchange crisis, port charges, and logistics, robbed consumers of purchasing power and deprived dealers of patronage.

The condition that home buyers across China has been so dire that, they started collective disobedience in June, threatening to halt mortgage payments if the construction did not resume. Till July, homebuyers in 80 Chinese cities had refused to pay their mortgages, affecting the future of over 200 projects.