Africa is finally seeing the benefits from the recovery in crude prices as companies ramp up drilling from Algeria to Namibia.
China reported slower manufacturing growth in October for the second straight month as the country's trade war dispute with the U.S. continues.
India’s tight money conditions and fears of a contagion following a debt crisis at a local lender dented demand and put a muzzle on animal spirits in the world’s fastest-growing major economy.
Six former child slaves from Mali who accused food producers Nestle SAand Cargill Inc. of aiding and abetting their forced labor in African cocoa fields won a fresh chance at making their case in a U.S. court.
Saudi Arabia signed deals worth more than $50 billion in oil, gas, infrastructure and other sectors at an investment conference in Riyadh on Tuesday, officials there said.
The heads of Saudi Arabia’s wealth fund and the Russian Direct Investment Fund kicked off an investment summit that’s being held amid international outcry over the death of a government critic.
Kenya’s Capital Markets Authority (CMA) warned Kenyans on Monday against online foreign exchange trading through unlicensed entities, saying they risked losing their investments.
Kenya is seeking consultants for a feasibility study on a planned gold refinery in the East African nation’s western town of Kakamega, in a bid to boost earnings by small-scale miners.
Major companies registered for a business conference in Saudi Arabia next week still plan to attend, despite growing pressure for a boycott.
Jack Ma, the iconic co-founder of Chinese tech giant Alibaba, said he's returning to teaching after stepping down as chairman of the company. And he has his lesson plan drawn up.
The chief executive of French bank Societe Generale has cancelled his attendance at a Saudi Arabia investment conference, as leading business executives pull out amid widespread concern about the fate of a Saudi journalist.
Oil retreated before weekly U.S. inventory data even as the disappearance of a critic of the Saudi Arabian regime threatened to spark a diplomatic crisis.
Zimbabwean consumer prices rose at the fastest pace since 2010 last month, as a shortage of foreign exchange curbed supplies of basic commodities including wheat.
The convicted former UBS trader Kweku Adoboli is to be released from detention at an immigration removal centre near Heathrow while he awaits a judicial review of his deportation.
Amid U.S.-China trade tensions and high levels of debt faced by low income countries, one message is clear, the president of the World Bank Group said on Thursday: Trade is important for the poor.
U.S. President Donald Trump is redirecting global oil flows. West African and Latin American producers are sending ever-growing volumes of crude to China.
A probe into the failure of VBS Mutual Bank found that at least 53 people and companies may have benefited from the looting of 1.9 billion rand ($130 million) from the South African lender before its collapse.
Investors may be ignoring the risk that financial conditions could tighten sharply and send tremors through the global economy, the International Monetary Fund warned.
Former reserve bank governor Tito Mboweni has been appointed finance minister after President Cyril Ramaphosa accepted Nhlanhla Nene’s letter of resignation.
The International Monetary Fund said the world economy is plateauing as the lender cut its growth forecast for the first time in more than two years, blaming escalating trade tensions and stresses in emerging markets.
Nigeria’s banking regulator, Central Bank of Nigeria (CBN) has revoked the licenses of 182 struggling financial institutions in the country.
Brent crude oil prices fell more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran’s oil exports next month, and as Saudi Arabia was said to be replacing any potential shortfall from Iran.
Unilever has given up on a plan to move its headquarters out of the United Kingdom after some big investors objected.
U.S. light crude was up 40 cents at $74.73, a gain of 2.2 percent since last Friday.
Shipments of West African oil to Asia are set to hit a two-month high in October as Chinese refineries scramble for alternatives to Iranian crude before U.S. sanctions take effect on Nov. 4.
Royal Dutch Shell Plc and its partners announced an agreement to invest in a multibillion-dollar liquefied natural gas project in western Canada -- the largest of its kind in years that will carve out the fastest route to Asia for North American gas.
The IMF appointed Harvard professor Gita Gopinath as its next chief economist, making her the first woman appointed to the prestigious role.
MultiChoice has announced the appointment of Nkateko Mabaso as the CEO of M-Net in Sub-Saharan Africa with immediate effect.
Beijing will likely take steps to mitigate the impact of the trade war with the U.S. as recent economic indicators from China point to a slowdown, an economist said on Monday.
The World Bank has approved $80 million in grants to Somalia to fund public finance reforms, marking the first disbursement to the government of the conflict-ridden country in 30 years, the bank said.
A review of the values of 143 global currencies indicates that so far this year, more than 80 percent have fallen in value.
Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for the company said on Monday.
More than 70 per cent Kenyan adults used mobile money in 2017, positioning Kenya at the top of mobile money penetration in the world, according to a report by Citi Research.
The trade fight between the United States and China intensified Monday as the two economic superpowers hit each other with their biggest round of tariffs yet.
Comcast Corporation has outbid 21st Century Fox to take control of Sky, valuing the company at $39 billion.
Canadian cannabis companies have seen turbulent trading on Wall Street as US investors seek to catch the buzz from their northern neighbours.
President Donald Trump has called on OPEC to keep oil prices low. In a tweet on Thursday, Trump said the "OPEC monopoly must get prices down now."
Central banks around Africa -- poised to reveal their first response to the emerging-market turmoil of the past month -- are likely to usher in an end to the continent’s easing cycle.
The Financial Reporting Council (FRC) said on Wednesday that KPMG, one of the world’s “Big Four” accountants, and partner Richard Hinton admitted to misconduct after an investigation into 2011 reports on client assets held by BNY Mellon and its London branch.
China will levy tariffs on about $60 billion worth of U.S. goods in retaliation for the latest round of U.S. tariffs on Chinese products, as previously planned, but has reduced the level of tariffs that it will collect on the products.
Kweku Adoboli, the former UBS trader convicted of fraud, has been given a temporary reprieve from deportation to Ghana, where he was born.
Britain's property market would crash and mortgage rates would spiral in the event of a chaotic no-deal Brexit, with house prices falling 35 percent over three years, Bank of England Governor Mark Carney told ministers
The International Monetary Fund has warned that a "no-deal" Brexit on World Trade Organization terms would entail "substantial costs" for the UK economy.
South African Union Solidarity said it will sign a three-year gold sector wage deal with AngloGold Ashanti on Monday along with Association of Mineworkers and Construction Union (AMCU), without providing further details of the agreement.
Volkswagen said it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture as the automaker prepares for a leap toward a future of mass-market electric cars.
The European Union should offer a free trade agreement to the whole of the African continent and a new investment alliance, European Commission President Jean-Claude Juncker said in a keynote speech on Wednesday.
Slowing global trade is evidence of how emerging-market stresses are being transmitted to advanced economies. The real concern of contagion remains financial linkages, though.
Gold prices edged lower for a second session on Monday as trade tensions between China and the United States helped to boost the dollar and weaken the yuan.
Amazon on Tuesday became the second publicly traded company to be worth $1 trillion, hot on the heels of iPhone maker Apple.
Kweku Adoboli, a former UBS Group AG trader in London jailed in 2012 for causing a $2.3 billion loss at the bank, was detained Monday in preparation for deportation to his native Ghana, his spokesman said by email.
Emerging-market assets are headed for a monthly loss as declines in Argentina and Turkey sparked fears of global contagion and amid a renewed intensification of U.S.-China trade tensions.
Coca-Cola is to buy the Costa Coffee chain from UK leisure group Whitbread in a £3.9bn deal that sets up the world’s biggest beverage maker to take on Starbucks, Nestlé and JAB Holdings in the global battle for coffee sales.