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China economy concerns: It's overdone, says Goldman Sachs
Allaying fears about China's economy slowing down, Goldman Sachs says it's overblown. However, the American investment bank agreed that recently the world witnessed some negative developments.
Corruption scandal rocks crisis-hit Brazil while government gears up for tax hike
The widening budget deficit has become a cause of concern for the Brazil. To speed up the economic recovery, the country needs a tax hike to ease the burden, the country's Chief of Staff Aloizio Mercadante said.
Spider-Man reboot update: Spider-Man getting a new suit from Tony Stark; Emma Thompson says she no longer wants to watch another Spider-Man movie
Tom Holland is suiting up in the upcoming Spider-Man reboot. Spider-Man will attempt to join the Avengers and will also be getting a new re-engineered suit from Iron Man to help him fight crime. Meanwhile, actress Emma Thompson revealed that she no longer wants to watch a Spider-Man film.
MMI Holdings profit slips 10%
South African insurance major MMI Holdings Ltd suffered drop of 9.8 percent in its profit for the year ending June following the market volatility, economy slowdown and inflation rise. Cape Town-based MMI Holdings is the third largest insurance company in South Africa. The company's net income eased from rand 3.3 billion to rand 2.98billion. Earnings per share (EPS) dropped 11 percent to rand 1.81.




