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Ukraine Strike Hits Fuel Depot At Zaporizhzhia Nuclear Plant.
Officials installed by Russia in Ukraine said that a Ukrainian missile strike punched a hole in the roof of…
Russia Says It Shot Down Ukrainian Drone.
Russia's defence ministry said Russian forces shot down a Ukrainian drone; which was trying to attack the…
The World Still Needs Oil And Gas – Elon Musk.
The world must continue to extract oil and gas in order to sustain civilisation, while continuing to also develop…
Saudi Arabia To Invest $1 Billion In Pakistan.
Saudi Arabia plans to invest $1 billion in Pakistan, Saudi state TV reported.
Saudi King Salman bin Abdulaziz…
British Pubs, Farms Raise Alarm Over Latest CO2 Production Halt.
Britain's drinks and food industry raised the alarm over the availability of carbon dioxide; after soaring energy…
Emirates Airlines To Suspend Flights From Nigeria From September 1 Over $85million…
Emirates Airlines has announced the suspension of its flight operations to Nigeria, starting September 1, 2022,…
Indian Govt Working With Cenbank To Control Inflation.
India's federal government is working with its central bank to take measures and control inflation, a top…
40 Technical Colleges to Benefit from World Bank Environmental Safeguard Measures.
An estimated 40 Technical Colleges in Nigeria alongside the private sector would benefit from the World Bank;…
Most Gulf Bourses Rise, Abu Dhabi At Record.
Major stock markets in the Gulf rose in early trade on Thursday after softer-than-expected U.S. inflation data…
Factbox: Is Global Inflation Nearing A Peak?
Calling the top of the current wave of inflation has been a painful exercise for economists; and central bankers,…
Students Cheer As Online Translation Tools Add More African languages.
Ugandan IT student Andrew Njuki spent years hunched over English-language textbooks; often grappling with material…
Exclusive: Bank of England Will Probably Need To Raise Rates Again, Ramsden Says.
The Bank of England will probably have to raise interest ratesto tackle inflation pressures; that are gaining a…
U.S. Senate Approves Bill To Fight Climate Change.
The U.S. Senate on Sunday passed a sweeping $430 billion bill intended to fight climate change; lower drug prices…
Global Equity Funds Record Fifth Weekly Outflow In A Row.
Global equity funds witnessed weekly outflows for a fifth week in July on caution ahead of the U.S. Federal…
Oil Rally To Stall As Recession Risks Counter Tight Supplies.
A rally in oil prices could stall as recession fears and COVID flare-ups in China slow demand and counter supply…
The Global Recession Drum Beat Is Getting Louder.
Sharply higher interest rates, red-hot inflation and a prolonged energy crisis are leading to conviction; that the…
Luxury Shoemaker Manolo Blahnik Wins 22-Year Trademark Battle In China
Manolo Blahnik, the shoe brand made famous by its celebrity fans and regular appearances in TV drama "Sex and the…
Global Equity Funds See Biggest Weekly Outflow In Five Weeks
Global equity funds recorded their biggest weekly outflow in five weeks in the week to July 20, on investor…
German Government Agrees On Bailout For Energy Supplier
The German government has agreed on a bailout for Uniper UN01, -8.24%, which reduced Russian gas imports have hit,…
Fed To Stick To 75 Bps Hike In July; 40% Chance Of Recession
The U.S. Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its meeting…
Column: Dollar Cresting As Central Banks Ape Fed
Central banks around the world are singing from the U.S. Federal Reserve's hymn sheet - and it could well be a…
UK Firms Report Growth At 17-Month Low, Inflation Pressures Ease -Flash
Britain's businesses grew at their slowest pace in 17 months in July and inflation pressures eased; according to…
Canada’s Inflation Rate Hit 8.1% In June As Gasoline Prices Bite
Canada's annual inflation rate accelerated to 8.1% in June, missing forecasts but remaining at its highest level…
Canada Home Price Index Growth Slows Again In June – Teranet
Canadian home price growth slowed sharply in June from May; with year-over-year price gains also inching off…
Heatwave: Ferocious European heat heads north
In France and the UK, extreme heat warnings were issued while northern Spain recorded temperatures of 43C (109F)…
H&M To Sell Off Stock Before Leaving Russia
The world's second-biggest clothing retailer H&M has said it is leaving Russia.
But temporarily, its…
Japan Buys Most Expensive Gas Shipment as Energy Crunch Bites
Japan is expected to be the world’s top LNG importer this year, as it has purchased the most expensive ever…
U.S. Banks Take Hit On Leveraged Loans As Deals Slump, Rates Rise
U.S. banks have started taking a hit on their leveraged loans' exposure as the outlook for dealmaking turns sour…
EU Gets Into Deal With Azerbaijan To Double Gas Exports By 2027
The European Commission signed a deal with Azerbaijan on Monday to double imports of natural gas by 2027.
The…
UN: World Population To Reach 8 Billion By November
The United Nations (UN) has projected that the global population is expected to reach 8 billion on November 15…