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Euro and pound hold gains, stocks mostly rise as rate fears ease

The euro, pound and yen all held their gains against the dollar Thursday and most equities rose as traders grow increasingly hopeful the Federal...

Nigeria loses compensation bid over Glencore bribery

Nigeria’s bid to claim compensation from a British subsidiary of mining and trading group Glencore over bribes paid to officials at Nigeria’s state oil...

UK property: Banks to tighten mortgage lending in 2023 amid rising interest rates

Banks are expected to tighten mortgage lending for UK property as they battle higher interest rates, a riskier economic outlook, and volatility in the...

TotalEnergies, Shell post bumper profits, LNG business diverges

Europe's two largest energy companies Shell (SHEL.L) and TotalEnergies (TTEF.PA) reported profits of more than $9 billion in the third quarter, though Shell's liquefied natural gas...

Saudi Aramco launches $1.5 bln fund, says energy transition plan flawed

Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi officials said the switch...

Breaking

World Bank’s Banga says more bilateral debt forgiveness needed

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

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

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

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

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