Iran war pushes Germany’s deficit to 4.2% as growth outlook is cut by 50%.
The Iran war is hitting the German economy at the worst possible time. Having only just fought its way out of a […]
Malawi joins South Africa and DRC as Africa’s rare earth powerhouse with $100 million investment by Australian miner.
This substantial investment will enable Malawi to join the ranks of South Africa and the Democratic Republic of Congo (DRC) as one […]
Traders Ramp Up Bearish Oil Bets To Nearly $1 Billion.
Traders have poured a record $977 million into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), a leveraged bet that oil prices will collapse from their […]
ADNOC Chief Urges Global Action as Iran Chokes Hormuz Energy Flows.
The Group CEO of ADNOC has called on the world to act together to protect the free flow of energy through the […]
Brent Oil Dips Below $100 as Trump Signals End to Iran War.
Brent Crude oil futures plunged by 4% early on Wednesday to trade below $100 per barrel for the first time in a […]
‘The majority of Cubans want to be capitalist’: Why Fidel Castro’s influencer grandson is for a deal with Trump.
If the Castros are – as some Cubans refer to them – “the royal family” of the island, then Sandro Castro seems […]
Iran war wipes $120bn off Dubai, Abu Dhabi stock markets.
The United Arab Emirates’ stock markets in Dubai and Abu Dhabi have lost around $120bn in value since the start of the […]
UAE Investment Firm Buys U.S. Midstream Gas Assets for $2.25 Billion.
2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed a deal to buy 100% in U.S. firm Traverse Midstream […]
Gold finds footing near US$4,500 as Iran War enters fifth week.
Gold extended its first weekly gain since the Middle East conflict began, as dip-buyers supported prices while the market awaited clarity on […]
Kenya launches bid for investors to develop $62 billion rare earth site eyed by US, China.
In a gazette notice dated March 24, Mining Cabinet Secretary Ali Hassan Joho invited qualified firms to submit expressions of interest to […]
Nigeria’s State oil giant eyes New York, London IPO as $20 billion project signals investor revival.
Speaking at the recent CERAWeek by S&P Global conference in Houston, Group Chief Executive Officer Bayo Ojulari said the company is prioritising […]
Crude oil drives higher as traders brace for longer Mideast war.
Oil pushed higher on Friday as traders braced for the Iran war potentially stretching into April and attacks continued across the Middle […]