Iron ore futures on China’s Dalian Commodity Exchange took a sharp dive Tuesday, marking their most significant drop in nearly two years. Disheartening economic data from China led to this decline, overshadowing the demand outlook. Meanwhile, strong global supply continued to suppress prices. On that day, the most traded January contract fell by 4.74% to […]
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South African Airways Resumes Brazil Flights
ANAC will announce on Monday that South African Airways can restart its Brazil routes. Flights will connect Johannesburg and Cape Town to São Paulo’s Guarulhos Airport in October. This move strengthens Brazil’s aviation ties with Africa. Additionally, discussions about Brazil-Angola aviation partnerships are in progress. In August, Brazil’s President, Lula da Silva, expressed concerns about […]
