News & Map

Venezuela’s jumbo oil deal does little to appease its creditors

Ordinary bondholders will want evidence that Caracas can produce and sell enough oil, in dollars, to repay what is left ...

Venezuela’s jumbo oil deal does little to appease its creditors

Ordinary bondholders will want evidence that Caracas can produce and sell enough oil, in dollars, to repay what is left ...

Indonesia’s Emerging China Dependencies

Is this the beginning of the end of Jakarta’s truly “free and active” foreign policy?

Pragmatism should define Burnham’s approach to business

The prime minister needs to defy the vibes of tax-and-spend socialism

Elevated crack spreads and crude oil prices contribute to higher prices at the pump

What are crack spreads and why are they elevated? Crack spreads are indicators of the profitability of refining crude oi...

How can African retailers compete with Shein and Temu?

Shein and Temu are expanding across Africa with low prices and vast product ranges. Businesses and unions warn the growt...

Pimco’s Stracke Says Some Complicated Debt Echoes Subprime MBS

Some investors aren’t getting paid enough to take the risk they’re shouldering when they buy complicated and increasingl...

Populism poses serious challenge to independent central banks, Bailey says

Bank of England governor says central bankers must explain decisions or risk being seen as ‘unrepresentative elite’The g...

Risk Assets Can Withstand Fed Rate Hike, BlackRock's Rosenberg Says

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says a 25 basis-point rate hike...

Thailand suspends building of 49 data centres as resource strain concerns grow

Thailand’s embrace of data centres hit a speed bump after the government suspended construction of 49 server farms as pu...

Russia, Serbia will always find solution for payment systems — Srbijagas CEO

Aleksandar Vulin added that he is counting on continued cooperation with the Russian government and Russian companies

US economy smashes forecast with 162,000 jobs added in August

Figure comes ahead of crucial interest rate decision by Federal Reserve later this month

Rusal moves to build bauxite-alumina complex in Indonesia — company

Indonesian President Prabowo Subianto confirmed the partnership with the Russian aluminum producer

Senegal Debt Plan Exposes BOAD, AFC to Credit Risk, Citi Says

The West African Development Bank, or BOAD, the African Export–Import Bank, the Africa Finance Corp. and Ecobank Transna...

SET amends listing rules to attract ‘new economy’ firms

The Stock Exchange of Thailand (SET) has amended listing criteria to better align with the new economic landscape and in...

The Real Key to the AI Race: Nanometers or Gigawatts?

By 2030, the China-U.S. AI competition may be decided less by who builds the most advanced chips than by who deploys the...

Strong August US payrolls report bolsters odds of September rate rise

Job numbers well above consensus, adding to hawks’ argument that inflation is a bigger problem than the labour market

Jobs Report Is More About Inflation, BlackRock's Rosenberg Says

Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, says the August US employment r...

Jobs Report Stokes Bets on Sept. Fed Rate Hike

Traders are now pricing in a greater chance of a September rate hike by the Federal Reserve following the strong jobs re...

Conflicts and extreme weather pushing global food prices higher, warns UN

UN food price index rises to four-year high, illustrating impact of war and weather.

US diesel prices hit all-time high because of Iran war

US diesel prices hit all-time high because of Iran war Drivers in the US are paying more than ever for diesel at the pum...

Inflation Data, Not Jobs, to Dictate Next Fed Move, Economist Roth Says

Stephanie Roth, chief economist at Wolfe Research, says, “the hawkish price action may be taking the print a little too ...

Russia's 2026 grain harvest tops 110 mln tonnes — minister

Wheat output reached 83.5 million tonnes

Northern Sea Route development emerges as priority amid global logistics crisis — aide

Anton Kobyakov highlighted that the Northern Sea Route is one of the key, safe and financially viable trade routes

Tannebaum quoted in CNN on the significance of sanctioning a Turkish bank

Read the full article here The post Tannebaum quoted in CNN on the significance of sanctioning a Turkish bank appeared f...

Andrew Bailey warns of populist threat to central bank independence

Bank of England governor says claims by some political leaders that rate-setters are ‘an unrepresentative elite’ pose ‘s...

Italy Extends Diesel Tax Cuts to Shield Voters from Price Hikes

Italy will extend a tax cut on diesel fuel prices until Sept. 10, as Prime Minister Giorgia Meloni’s government continue...

Aspen Pharmacare sees weight-loss drugs driving earnings

Aspen sells Mounjaro, the weight-loss drug made by US manufacturer Eli Lilly, in South Africa.

August Jobs Report Favors a Fed Rate Hike, Sahm Says

Claudia Sahm, chief economist at New Century Advisors, reacts to the US employment report for August. She says this jobs...

Why are fuel and petrochemical prices outpacing crude – and how long will it last?

This summer, David Chen, a Chinese national living in Japan, got an unexpected lesson in global industrial supply chains...

US Adds 162,000 Jobs in August, Topping All Estimates

Nonfarm payrolls rose by 162,000 in August topping all estimates in a Bloomberg survey. The unemployment rate remained f...

No need to audit our meat, says Brazil's EU ambassador as trade dispute escalates

Brazil’s EU ambassador, Pedro Miguel da Costa e Silva, told Euronews "all options are on the table" after Brasília threa...

U.S. payrolls rose 162,000 in August, much more than expected; unemployment rate at 4.1%

Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to th...

Weather and war push up world food prices

PARIS - Food price inflation accelerated in August as drought and conflicts impacted commodity markets, with sugar price...

France announces €1 billion aid for farmers recovering from drought, heatwaves

France on Friday allocated more than €1 billion in aid to support farmers recovering from droughts after a brutal, recor...

Anti-Drone Firm APS Said to Mull Options Including Possible Sale

Polish anti-drone company Advanced Protection Systems is in the early stages of exploring strategic options, which may i...

Treasuries Slide After Strong Jobs Data Lift Fed Hike Wagers

US Treasuries fell after US job growth topped forecasts in August, prompting traders to boost their expectations that Fe...

Diesel hits record high as Ukraine and Iran wars knock out refineries, fueling inflation worries

Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.

As the China-US AI race reaches Cairo, Egypt faces a strategic decision

Egypt walks a tightrope as China and the US vie for dominance in AI data centre development.

US automakers urge Congress to ban sale of Chinese cars in America