UBS gets final nod for US bank licence amid growth push.
UBS has been given the green light for a full-blown US bank licence, in a boost for the bank’s ambitions to grow […]
US, Japan announce $40 bn nuclear power project.
The United States and Japan announced Thursday a $40 billion project to build nuclear reactors in Tennessee and Alabama, after a meeting […]
Japan Weighs Stockpiling U.S. Crude to Strengthen Energy Security.
Japan is considering stockpiling U.S. crude oil to boost its energy security. “I also conveyed to President Donald Trump my intention to […]
US national debt surges past $39 trillion just weeks into war in Iran
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the U.S.-Israeli war in Iran. The […]
Extensive Damage At World’s Largest LNG Plant In Qatar After Iran Strike.
A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” amid a sharp escalation of attacks on energy facilities […]
Oil Prices Hit $112 as Iran Expands Strikes on Gulf Energy Sites.
Oil prices climbed sharply in early Asian trading on Thursday as the Middle East conflict continued to escalate and energy infrastructure was […]
Kharg crisis could disrupt 90% of Iran oil exports, warns Rystad.
A potential strike on Kharg Island’s oil infrastructure could see a catastrophic drop in Iran’s crude exports, with Rystad Energy warning of […]
Ghanaian billionaire’s firm enters talks to take over Damang gold mine as South African operator exits.
Authorities are currently reviewing three proposals from local investors to assume control of the asset, which is estimated to require up to […]
Nigeria and UAE seal technology pact to drive $200 million defence and space investment.
The memorandum of understanding was signed in Abuja by representatives of Nigeria‑based Nigus International Investment Limited and UAE‑headquartered Elmirate Investment LLC, under […]
Poland is now among the world’s 20 largest economies. How it happened.
A generation ago, Poland rationed sugar and flour while its citizens were paid one-tenth what West Germans earned. Today, the economy of the […]
Billionaire, Dangote strikes $4.2B deal with Chinese firm to power East Africa’s largest fertilizer complex.
Africa’s largest industrial conglomerate, Dangote Industries Limited, has secured a $4.2 billion, 25-year natural gas supply deal with China’s GCL Group to […]
Oil tops $100 per barrel, won breaches 1,500 as Iran war rattles global markets.
With global oil prices hovering above $100 a barrel for more than three days, the fear that high prices could persist seems […]