Showing 1 - 10 of 32
Venezuela looks to petrodollars to bring down prices
AFP, Published on 23/01/2026
» CARACAS - The United States' grab for Venezuela's oil, while shocking, may yet provide a short-term boost for the South American nation's haggard economy.
Iran president urges government to heed economic protests
AFP, Published on 30/12/2025
» TEHRAN - Iran's president urged his government to listen to the "legitimate demands" of protesters, state media reported on Tuesday, after demonstrations by shopkeepers in Tehran over economic hardship.
Nigeria's president inaugurates cabinet to tackle economic, security woes
AFP, Published on 21/08/2023
» ABUJA - President Bola Ahmed Tinubu on Monday swore in a cabinet of 45 ministers, urging them to build public trust as his new government takes on Nigeria's huge economic and security challenges.
'It hurts': DR Congo currency drops amid war spending, arrears payments
AFP, Published on 03/04/2023
» KINSHASA - A falling local currency, salary arrears payments and war spending have pushed up prices in impoverished Democratic Republic of Congo, leaving locals struggling to afford basics.
Struggling Ghana plans tax rise, debt swap to secure IMF aid
AFP, Published on 24/11/2022
» ACCRA - Ghana's finance minister, Kenneth Ofori-Atta, presented the 2023 budget to parliament on Thursday, hiking tax and planning a debt swap as the country's negotiates an International Monetary Fund (IMF) loan.
China's offshore yuan hits record low against dollar
AFP, Published on 28/09/2022
» BEIJING: China's yuan hit a record low against the surging US dollar in offshore trading Wednesday, despite recent efforts by the country's central bank to shore up the currency.
Fast Retailing reports record first-quarter performance
AFP, Published on 13/01/2022
» TOKYO - Uniqlo operator Fast Retailing posted a record first-quarter profit on Thursday and kept its yearly forecast unchanged, even as business in the key market of mainland China was hit by virus restrictions.
German airline Lufthansa approves capital increase
AFP, Published on 20/09/2021
» BERLIN: Europe's largest airline group Lufthansa, hit hard by the coronavirus pandemic, said Sunday it would seek to raise more than two billion euros with a capital increase.
Pent-up travel demand helps Lufthansa halve losses
AFP, Published on 05/08/2021
» FRANKFURT - German airline Lufthansa said Thursday it halved its losses in the second quarter compared to a year ago, as pent-up demand for travel fuelled uptake and travel restrictions eased over the coronavirus pandemic.
Lebanon protesters clash with security forces as currency plunges
AFP, Published on 27/06/2021
» BEIRUT: Lebanese protesters tried to storm central bank offices in two major cities on Saturday, state media reported, after the national currency plunged to a new record low on the black market.