Warren Buffett dumps Gates Foundation after $47 billion in donations — here’s what he plans to do with his $138B in Berkshire shares
Warren Buffett was all too happy to donate billions to the Gates Foundation over the past two decades, but according to a […]
Trouble in US bond market could mean higher prices are here to stay
Americans who have been grappling with the higher cost of living over the last few years now face another issue: trouble in […]
TotalEnergies to Bring New Angola Discovery Online in Just Three Months
TotalEnergies has made a new discovery offshore Angola and has bought operated interest in two new exploration blocks close to operating hubs […]
Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens
For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The […]
Flood of dollar deposits drives India bank liquidity surplus to all-time peak
India’s banking system liquidity surplus has jumped to a record high, with rupee liquidity surpassing levels witnessed in the aftermath of Covid-19, […]
Indonesia to shift controlling stakeholder of China-funded railway next week
Indonesia’s finance minister said on Tuesday the country’s sovereign wealth fund INA, or an agency under his ministry, would next week take […]
US turns to Africa’s mineral powerhouse as copper imports from DRC hit record 53,290 tonnes
The record shipment gave the DRC a 23.9% share of total US copper imports in July, when overall American imports exceeded 220,000 […]
Uganda to become world’s newest oil exporter with Pearl Sweet
Uganda is set to become the world’s newest oil exporter, with commercial shipments of its Pearl Sweet grade to start in December […]
Naira gains ground as CBN war chest hits $54 billion
The Nigerian Naira showed resilience this past week, testing the N1,302/$–N1,315/$ range at the official exchange window, thereby establishing a definitive breakout […]
China lines up $15 billion capital boost for biggest shareholder in Africa’s largest bank
Industrial and Commercial Bank of China plans to raise as much as 100 billion yuan, approximately $15 billion, through a private placement […]
South Korea Eyes $22.3 Billion Texas Gas Plant to Power AI Data Centers
South Korea has reportedly agreed to invest $22.3 billion in a gas-fired power plant in Texas as part of its trade deal […]
Taiwan’s foreign exchange reserves rebound past $600bn as NT dollar surges
Taiwan’s foreign exchange reserves rose to $601.904bn in August, returning above the $600bn mark and ending two consecutive monthly falls, Taipei Times […]