Markets

Food prices still high in low and mid income countries – WB

This despite the decline in agricultural commodity prices over the past 12 months.

Locked Storytelling: An Effective Business Tool

•Every business tells a story; your business paints a picture in people’s minds •To craft a great story, you must make ...

Surprise production cut pushes up oil prices

•The increase follows Saudi Arabia, Iraq and several Gulf states announcement on Sunday they were cutting output by ...

Rival UBS comes to the rescue of Credit Suisse

•The last minute deal valued Credit Suisse at just over $3.15bn a fraction of its $8bn price tag on Friday •Christine ...

Asia markets fall as global banking fears widen

•Credit Suisse, founded in 1856, has faced a string of scandals in recent years, including money laundering charges and ...

Shell reports highest profits in 115 years

•Energy firms have seen record earnings since oil and gas prices jumped following the invasion of Ukraine •The annual ...

Cap on Russian crude pushes up global oil prices

•Opec+ is made up of 23 oil-exporting countries, including Russia and decide how much crude oil to sell on the world ...

Europe steps up trade sanctions against Russia

•Japan's Nissan left Russia earlier this month, following the same move from Toyota and Renault •Russia was a lucrative ...

Japanese yen touches 32-year low against US dollar

The yen fell to 147.66 against the US dollar before regaining some ground.

Wall Street firms fined $1.8bn over staff messages

Barclays, UBS and Goldman Sachs were among the 16 firms named by regulators.

Pound slumps to all-time low against dollar

In early Asia trade, sterling fell by more than 4% to $1.0327 before regaining some ground to around $1.05.

Tesla sells most of its Bitcoin holdings

Tesla said it bought traditional currency with the $936m (£782m) from its Bitcoin sales.

Other EAC members are Kenya, Rwanda, Uganda, Tanzania, Burundi and South Sudan

•DRC’s Vice Prime Minister and Minister of Foreign Affairs, Christophe Lutundula Apala Pen’ Apala, said that the entry ...

Why the world is facing an oil shortage

•The refining industry estimates that the world lost a total of 3.3 million barrels of daily refining capacity since ...

Global stock markets fall as economy fears grow

Stocks tumble as recession fears intensifies.

Bitcoin: Why is the largest cryptocurrency crashing?

The largest cryptocurrency has fallen 25% in the past five days

Tight supply and anticipated demand push up oil prices

•U.S. gasoline inventories were down by 4.2 million barrels last week, market sources said on Tuesday, citing American ...