US national debt passes $40tn after doubling in a decade
US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show. The…
Category: International
Canada and US say they are finalising a trade deal
Canada and the US are finalising a highly anticipated trade deal, with President Donald Trump and Prime Minister Mark Carney…
Trump vows tougher economic measures on Iran and supporting countries
Donald Trump has said he will launch tougher economic measures against Iran, as well as any country that helps or…
Founder of collapsed Chinese property giant Evergrande sentenced to life in prison
The founder of Evergrande, the property giant at the centre of China’s housing market slump, has been sentenced to life…
Morocco to build $1.5 billion waste-to-energy plant in Casablanca
A consortium led by Swiss-Japanese firm Kanadevia Inova said it plans to start building a $1.5 billion waste-to-energy plant in…
Nigeria approves $4.5 billion refinancing of NNPC oil-backed facility
Nigeria’s National Economic Council on Monday approved the refinancing of NNPC Limited’s $3.3 billion oil-backed pre-export finance facility through a…
Yen holds most gains as intervention keeps speculators on edge
The yen slipped on Tuesday but held on to most of its gains from last week’s rare coordinated intervention by…
Stocks rise despite Iran tensions, oil up, yen eases
European stocks climbed alongside U.S. futures on Tuesday, although a rebound in oil prices underscored market scepticism that the U.S.-Iran…
Oil gains over 2% as talks to end US-Iran war remain uncertain
Aug 4 (Reuters) – Oil prices rose more than 2% on Tuesday as a diplomatic resolution to the U.S.-Iran conflict…
Income growth helps Nedbank maintain half-year earnings
South Africa’s Nedbank Group (NEDJ.J), opens new tab said on Tuesday its half-year headline earnings were largely flat, outperforming the…