Articles

Oil steady as supply concerns offset US ratings downgrade

A oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France. REUTERS/Christian Hartmann/File PhotoBy Andrew Hayley and Sudarshan VaradhanSINGAPORE (Reuters) – Oil prices were little changed on Thursday after…

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EFT July 15-21 Digital Edition

The front page of the Eswatini Financial Times

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Oil prices fall despite record US crude stock drawdown

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. REUTERS/Drone Base/File PhotoBy Laura Sanicola(Reuters) – Oil prices fell on Wednesday…

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Nigeria’s naira hits record low on black market ahead of central bank meeting

A man counts Nigerian naira notes in a market place as people struggle with the economic hardship and cashflow problems ahead of Nigeria’s Presidential elections, in Yola, Nigeria. REUTERS/Esa AlexanderBy…

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BRICS currency not on August summit agenda – South African official

BRICS leaders including Russia’s Vladimir Putin and South Africa’s Cyril Ramaphosa pose for as they arrive for the BRICS summit in Brasilia, Brazil November 14, 2019. REUTERS/Ueslei Marcelino/File Photo By…

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Global stocks rise, dollar gains as UK inflation bolsters sentiment

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. REUTERS/Brendan McDermid/File PhotoBy Herbert LashNEW YORK (Reuters) – Global stocks rose and the…

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Elon Musk says Twitter cashflow still negative amid 50% drop in ad revenue

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. (Reuters Photo) We’re still negative cash flow, due…

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Dollar gains after steep losses, but downtrend stays intact

U.S. dollar banknotes are seen in this illustration. REUTERS/Dado Ruvic/IllustrationBy Gertrude Chavez-Dreyfuss and Joice AlvesNEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the last few…

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New Mali mining law could boost state, local interest in projects to 35%

An artisanal gold miner tosses a bucket of mudwater to clear the way for work on a small-scale gold mine in Kalana. REUTERS/Joe PenneyBy Felix Njini and David LewisNAIROBI (Reuters)…

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South African bank Absa flags above-target loan losses

The logo of South Africa’s Absa bank is seen outside an Absa branch in Cape Town, South Africa. REUTERS/Mike HutchingsJOHANNESBURG (Reuters) – South African bank Absa said on Friday its…

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