Kredete acquires Gravv to build agentic stablecoin infrastructure for real-time global money movement
Kredete, the financial technology platform serving emerging-market and diaspora communities, today announced its acquisition of Gravv, an agentic stablecoin infrastructure platform that […]
World’s largest cocoa producer seeks to overtake African gold giants as China, Russia, U.S., Canada and Australia lead global gold production
Between 2015 and 2024, Côte d’Ivoire expanded its operational gold sites from four to thirteen, driving national output up by over 150% […]
With the national debt nearing $40 trillion, Bank of America has a warning for bond investors
The U.S. national debt is hurtling toward $40 trillion, and Bank of America Research strategist Michael Hartnett’s “Anything but Bonds” framework is […]
Canadian miner moves closer to gold production as Tanzania expands its mining pipeline
The company said the first phase of construction includes upgrading the project’s access road and preparing the processing plant site, while work […]
Gold slips as firm dollar weighs; focus turns to Fed meeting
Gold prices edged lower on Tuesday, pressured by a stronger dollar, while markets looked to the Federal Reserve’s upcoming policy decision for […]
Meta, BlackRock plan to invest in US$14 bil Texas data centre.
Meta Platforms Inc and BlackRock Inc plan to build a 1GW data centre complex in Texas that will cost about US$14 billion […]
Houthi Threats Force Saudi Crude Tanker Onto Suez Route To Asia
The Houthi threats to shipping in the Red Sea and its chokepoint, the Bab el-Mandeb Strait, have forced at least one oil […]
Chinese battery giant wins AfDB backing for Africa’s first gigafactory in Morocco
The project is being developed by China’s Gotion High-Tech and will involve an initial investment of about $1.3 billion to build an […]
Singapore’s GIC to invest an additional $30bln in hedge funds
Singapore sovereign wealth fund GIC plans to deploy an additional $30 billion into hedge funds and is spreading its bets across artificial […]
Oil Tops $100 as Supply Crisis Deepens
Crude oil prices were on course for a sizable weekly gain today, as the Strait of Hormuz remains almost entirely paralysed and […]
LNG Importers Seek Lower Qatar and UAE Prices as War Upends Deals
The war in the Middle East has diminished the negotiating power that key regional LNG exporters Qatar and the United Arab Emirates […]
Oil Prices Top $90 as Kuwaiti Tanker Hit in Strait of Hormuz
A Kuwait-owned oil products tanker was struck by a projectile in the Strait of Hormuz near Oman as tensions escalate around the […]