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Stocks, bonds extend precarious rally on hopes rate hikes ease

Business The Business Files Reporter -
Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the new year with tentative optimism after a brutal 2022, looking to...

China reopening hopes lift risk sentiment ahead of Fed minutes

Editors Pick The Business Files Reporter -
The euro steadied on Wednesday and riskier currencies bounced, lifted by optimism that China's eventual emergence from COVID restrictions helps growth, while investor focus...
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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy 0
Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

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Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

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South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

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Half of the world's 75 poorest countries are experiencing...

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