Business

Cocoa prices soar to record highs as traders scramble for supplies

Global cocoa prices hit fresh record highs on Thursday as traders continued to scramble for supplies, predicting ever wider deficits this season and with...

Global creditors quiz rating agencies over debt relief to the poorest

Global creditors and Moody’s, Fitch and S&P Global Ratings met on Wednesday (7 February) to discuss rating agencies’ actions after debt relief provided by...

Angola says it is leaving OPEC

Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) because membership is not serving its interests, oil minister Diamantino Azevedo said on...

AfDB staff to leave Ethiopia over serious diplomatic incident

The African Development Bank (AfDB) has decided to withdraw all its international staff from Ethiopia immediately. The office in the country will remain open under...

WTO reform plans leave question of appeals court unanswered

Countries including India and China on Monday voiced concern that a series of proposed reforms to the World Trade Organization leaves blank a section...

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