By Ahmad Ghaddar LONDON (Reuters) – Oil prices rose on Monday, recouping some of last week’s more than 7% decline on worries about demand in China, the world’s top oil importer, and easing concerns about potential supply disruptions in the Middle East. Brent crude futures were up $1.10, or 1.51%, at $74.16 a barrel at …
Oil prices regain some ground after 7% loss last week Read More »
MAPUTO (Reuters) -Mozambique police on Monday fired teargas and bullets at protesters in the capital Maputo who had gathered at the scene where two opposition party figures were shot dead on Saturday after a disputed election. A Reuters witness saw some police officers firing handguns while dispersing the crowd. Adriano Nuvunga, director of Mozambique’s Centre …
Mozambique police clash with opposition protesters after disputed election Read More »
KINSHASA (Reuters) – The M23 rebel group has seized the town of Kalembe in eastern Democratic Republic of Congo, expanding its reach in the region, an official and a former lawmaker said on Monday. The Tutsi-led M23 has been waging an insurgency in the central African country’s violence-torn east since 2022. Congo and the United …
M23 rebels seize Congolese town of Kalembe, officials say Read More »
BENGHAZI (Reuters) – The presidency of Libya’s eastern-based parliament approved on Monday the appointment of a new board of directors of the central bank, after a new governor and his deputy were agreed last month, a parliament spokesman said. Spokesman Abdullah Belhaiq posted the decision on social media platform X. The decision shows that the …
Libya’s eastern parliament approves new central bank board of directors Read More »
ABUJA (Reuters) -Nigeria has approved the sale of Exxon Mobil Corp’s onshore assets to Seplat Energy, the chief executive officer of the country’s upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed. The sale had been under scrutiny as it awaited regulatory approval since it was first …
Nigeria approves Exxon-Seplat deal after more than two years Read More »
By Medha Singh and Rae Wee LONDON (Reuters) -Global stocks kicked off the week on a the back foot on Monday, after strong gains last week, while increasing bets on Donald Trump winning the looming U.S. presidential election helped send bitcoin and gold to new peaks. Heightened uncertainty over conflict in the Middle East added …
World stocks start week on back foot, but gold, bitcoin shine Read More »
By Vidya Ranganathan and Harry Robertson SINGAPORE/LONDON (Reuters) -The dollar climbed on Monday and cryptocurrency bitcoin hit a three-month high as a rise in U.S. bond yields and the looming presidential election continued to impact markets. Currency moves last week were driven by the European Central Bank’s dovish rate cut and strong U.S. data that …
Strong U.S. economy and ‘Trump trades’ boost dollar Read More »
By Libby George and Karin Strohecker LONDON (Reuters) -The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia concluding years of painful debt reworks. But the International Monetary Fund and others worry that a dangerous liquidity shortfall could take its place in many emerging economies – …
As poor nations’ default wave peaks, cash shortage could take its place Read More »
By Khalid Abdelaziz (Reuters) -Sudan’s army said on Sunday a commander from its foe the Rapid Support Forces had defected with some of his troops, the first such move by a senior figure since the two sides went to war more than 18 months ago. Supporters of the army posted photos online purporting to show …
Sudanese army reports first defection of senior RSF commander Read More »
JOHANNESBURG (Reuters) – South Africa’s rand slipped against a stronger dollar on Monday, as investor focus shifts towards local inflation figures due later this week. At 0706 GMT, the risk-sensitive rand traded at 17.64 against the dollar, 0.3% weaker than its previous close. The dollar index was last up about 0.15% against a basket of …
South African rand slips as investors eye inflation data Read More »
