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Oil prices fall after Opec+ postpones meeting

AFP, Published on 23/11/2023

» VIENNA - International oil prices fell Wednesday after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (Opec) and its allies was pushed back from Sunday to Nov 30.

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GENERAL

Milei says could take two years to tame Argentina's inflation

AFP, Published on 21/11/2023

» BUENOS AIRES - President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

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GENERAL

IMF chief says Africa to get 'stronger voice'

AFP, Published on 06/10/2023

» ABIDJAN - Sub-Saharan Africa will have a "stronger voice" at the International Monetary Fund as it will get a third seat on the global lender's executive board, IMF chief Kristalina Georgieva told AFP.

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Amazon running illegal monopoly - US

AFP, Published on 27/09/2023

» WASHINGTON - A top antitrust regulator in the United States sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.

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Stock markets rise as US inflation data, ECB rate loom

AFP, Published on 12/09/2023

» NEW YORK - Global markets rose on Monday at the start of a busy week that includes the release of key US inflation data and a European Central Bank decision on interest rates.

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GENERAL

SoftBank supremo eyes rare success with Arm IPO

AFP, Published on 12/09/2023

» TOKYO - Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.

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GENERAL

China says it will remove tariffs on Australian barley

AFP, Published on 04/08/2023

» BEIJING: China said Friday it will remove extra tariffs on Australian barley, in the latest thawing of ties between the two after years of tensions.

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GENERAL

Twitter to be renamed X, get new logo

AFP, Published on 24/07/2023

» SAN FRANCISCO: Twitter's owner Elon Musk and its new CEO said Sunday that the social media network would ditch its bird logo, be rebranded with the name X and move quickly into payments, banking and commerce.

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IMF: US on 'very narrow path' to avoid recession

AFP, Published on 25/07/2023

» WASHINGTON: The US economy is on a "very narrow path" to avoiding a recession, the International Monetary Fund's chief economist says, while warning of risks to China's strong post-pandemic recovery.

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GENERAL

Santander posts record profit despite special tax

AFP, Published on 26/07/2023

» MADRID: The Spanish lender Banco Santander reported Wednesday a record profit for the first half of the year despite a windfall tax imposed on banks, as rising interest rates lifted its earnings.