Markets
S&P Global Warns of Increased Sovereign Defaults Amidst Rising Debt and Borrowing Costs
Sovereign nations are expected to default on their foreign currency debt more frequently in the coming...
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GITEX Global and Expand North Star to Shape Future of AI Economy with Market Set to Reach $2.7 Trillion by 2032
GITEX Global, the world’s largest tech and startup event, will make its grand return to Dubai...
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Oil Prices Stabilize Amid Middle East Tensions and Weak Demand Outlook
Oil prices steadied in Asian trading on Wednesday as markets evaluated the ongoing conflict in the...
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Poorest Nations Forced to Prioritise Debt Repayments Over Sustainable Development Investments, UN Warns
The world’s least developed nations are grappling with a severe financial crunch that is forcing them...
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UK Poultry Exports to South Africa Resume After Eight-Year Hiatus, Expected to Boost Industry by £160m
The United Kingdom’s poultry industry is set to benefit from an estimated £160 million in revenue...
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ExxonMobil Intensifies Investment in African Energy Landscape and Frontier Exploration
ExxonMobil has announced an expansive investment strategy aimed at both enhancing its existing operations and steering...
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Zimbabwe’s Central Bank Faces Scrutiny Following 43% Devaluation of Zimbabwe Gold
On Tuesday, the Bankers Association of Zimbabwe (BAZ) issued a stark warning to the Reserve Bank...
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Local Demand Fuels South African Wine Industry’s Resurgence Amid Global Shifts
South Africa’s wine industry stands at a pivotal juncture, characterised by a remarkable resurgence in local...
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Investec’s Southern African Unit Outperforms UK Amid Market Challenges
Investec’s latest trading statement for the six months ending 30 September 2024 (1H2025) reveals a marked...
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Global Markets Rise as U.S. Federal Reserve Cuts Rates and Signals Caution
The U.S. dollar strengthened, long-term bond yields rose, and Asian markets gained momentum after the U.S....
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