AFTER several weeks of preparations, Israel carried out its promised attack on Iran in the small hours of Saturday but the scale and scope of the air/missile strikes appeared limited. It also ...

Iraq's Ministry of Oil has announced finalised oil export volumes for September, but has again not disclosed the value of oil exports for the month. This continues the practice of delayed or missing ...

The 18 countries in the Africa Energy Bank project, which include Nigeria, Angola and Libya, are each being asked to contribute $83mn, raising almost $1.5bn. This would be matched by the African ...

Africa has made significant strides in life expectancy over the past two decades, with an average increase of 10 years per person, according to the United Nations. This improvement reflects ...

Having pulled the plug on Renault's involvement as a manufacturer, the company's CEO, Luca de Meo claims that as the sport moves forward teams could be worth as much as $5bn. His claim goes even ...

VCs are spending gobs of money on AI startups — especially those run by big names in tech — so SandboxAQ is putting its hand out again, even though it raised a whopping $500 million in early ...

Semirara Mining and Power, the Philippines’ largest coal producer, said it’s looking to spend 291.4-billion pesos ($5.07-billion) to expand its mines. The company has proposed to the ...

Alphabet recently announced a US$5bn investment in Waymo. The funding will help scale operations and further develop its technology. Previously, Waymo raised over US$4.5bn across two funding rounds, ...

Between 2021 and 2023 its revenue rose from $3.2bn to $5bn. It plans to open 4,500 more shops by 2028, moving beyond cities and into smaller Polish towns, as well as abroad—in May it entered ...

On October 15, Sungrow announced that the company will issue global depositary receipts (GDR) overseas and plans to list them on the Frankfurt Stock Exchange in Germany. (hereinafter referred to as ...

Whether it’s the dollar or the euro, this entails considerable exchange costs at every stage. It is estimated that Africans pay around $5bn a year in money transfer fees. In an attempt to limit this ...

Excluding the ~$5bn or so of outflows so far, underlying organic asset growth is really running ahead of guidance at over 8% (advisory in the low teens %). From here, capital appreciation from a ...