Markets

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.

Betafriq moves to cement its base in Kenyan market

The new strategy will enable the company and customers to benefit.

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 ...

Uber loses $5.9bn as Asia investment values fall

Shares in Didi and Grab have plunged since listing in New York last year.

Why cooking oil prices will remain high

Indonesia says palm oil export ban will hurt other countries, but necessary.

Oil slips on fears over slowing China demand

Brent crude fell 19 cents, or 0.2%, to $111.51 a barrel.

Global oil trade still on a see-saw

•Major global trading houses are planning to curtail crude and fuel purchases from Russia  •U.S. gasoline stocks fell ...

WATCH: Bitcoin crashes by $250 billion

Crypto has taken a plunge after a steady three weeks.