Tag: Russia

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Oil up as market weighs supply cuts against gloomy economic outlook

Energy

The Business Files Reporter - July 4, 2023

Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against a weak global...

Oil prices dip ahead of U.S. stocks data

Energy

The Business Files Reporter - June 27, 2023

Oil prices slipped on Tuesday ahead of data shedding light on U.S. appetite for fuel during the summer driving season, with the Brent benchmark's...

Dollar pulls back from 15-month high vs rouble as Russia assessed

Economy

The Business Files Reporter - June 26, 2023

The dollar rose against the rouble on Monday, although it was off the 15-month high hit earlier in the session, while the Japanese yen...

Oil rises on supply concerns fuelled by Russian political turmoil

Energy

The Business Files Reporter - June 26, 2023

Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential...

Ukraine 99.9% certain Russia will quit Black Sea grain deal in July – envoy

Editors Pick

The Business Files Reporter - June 22, 2023

Russia is 99.9% certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer...

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IMF predicts global public debt will be at 93% of GDP by end of 2024

The Business Files Reporter - October 21, 2024

World Bank’s Banga says more bilateral debt forgiveness needed

Africa October 18, 2024 0

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Business June 12, 2024 0

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Energy April 24, 2024 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

Africa April 24, 2024 0

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

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