ITFC, TDB sign $100m trade facility, target $200m.
The International Islamic Trade Finance Corporation and the Trade and Development Bank Group have signed a new framework agreement in Abuja to […]
Edison to Invest $700 Million in Renewable Energy in Italy.
Edison will launch next year renewable power projects worth more than $700 million (600 million euros) that will add over 500 megawatts […]
AfDB to provide $1.78 billion for Namibia’s development projects.
The African Development Bank Group (AfDB) has approved a $1.78 billion Country Strategy Paper (CSP) for Namibia, aimed at driving economic transformation […]
China export controls push European firms to move supply chains.
China’s tightening export controls are pushing European firms to explore new supply chain capacity outside of the world’s second-largest economy, a European […]
Billionaire Lim Kok Thay Bets $5.5 Billion To Expand New York Casino After Winning New License.
The energy-to-palm oil conglomerate controlled by Malaysian billionaire Lim Kok Thay—is doubling down on its investments in New York, earmarking $5.5 billion […]
TotalEnergies Sells 40% Stake in Nigerian Offshore Project to Chevron.
TotalEnergies will sell a 40% stake in two exploration licenses offshore Nigeria to Chevron, as part of an ongoing discussion of global […]
Copper marches to record high as supply fears grip global market.
opper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch. […]
Japan Finalizes $117 Billion Extra Budget to Fund Stimulus, Mostly Via Debt
Japanese Prime Minister Sanae Takaichi’s government on Friday finalized a $117 billion supplementary budget for this financial year to fund a massive […]
Reeves’ £26b tax hike calms markets after chaotic rollout.
Chancellor of the Exchequer Rachel Reeves announced £26 billion (US$34 billion or RM140.5 billion) of tax increases in a budget that was […]
Bitcoin tops US$90,000 as options point towards shifting.
Bitcoin climbed above US$90,000 for the first time in almost a week, clawing back ground after a more than a month-long sell-off, […]
ADNOC Gas Signs $4-Billion Supply Deal With Regional Steel Giant.
ADNOC Gas has signed a $4 billion deal to supply natural gas to EMSTEEL, the largest listed steel and building materials company […]
China deepens green-minerals partnerships as Africa becomes its strategic powerhouse.
The move, unveiled by Premier Li Qiang at the G-20 Summit in South Africa, positions Beijing at the centre of a new […]