Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations, shortly after crude prices dipped below $60 a barrel for the first time in nearly five years. The London-listed energy firm reported underlying replacement cost…
JSE-listed IT services group iOCO has repurchased a further 2.18 million of its own shares, continuing a buyback programme launched last year. In a voluntary statement published on Friday, iOCO — previously EOH Holdings — said the shares were bought between 2 and 29 January 2026 at prices ranging from R4.31 to R4.65, for a…
Gold and silver have rallied this year — and prices keep climbing. Gold futures for February delivery rose settled 0.8% higher at $4,505.7, after hitting a record of $4,530.80 per ounce. Spot gold was up 1.03% to $4,491.23 per ounce. Meanwhile silver futures for March advanced 4.46% and was last seen at $71.62 per ounce, while spot silver was last trading…
The acquisition by Netflix of big chunks of Warner Bros Discovery in a US$72-billion megadeal could hardly have come at a worse time for MultiChoice Group. Reuters reported that Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for $83-billion (including debt), a deal that would hand control of one…
President of Ghana, John Dramani Mahama, former President of Ghana, John Kufuor and Congolese opposition leader, Martin Fayulu, have called for the creation of a continental mechanism to protect Africa’s sovereignty. The leaders are speaking at the International Conference of Progressive Pan-African Forces themed: ‘From Historical Memory to Economic and Political Justice,’ in Accra, Ghana….
It remains too difficult for Africans to travel between African countries. Africa-wide reforms have failed. The keynote continental agreement, the African Union’s Protocol on Free Movement of Persons, adopted in 2018, still has only four country ratifications from 55 members. A new report of the African Union bemoans the low (though slightly improved) level of…
Sebastien Lecornu, France’s prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Wednesday, Sept. 10, 2025. Bloomberg | Bloomberg | Getty Images France’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis. Lecornu, France’s fifth PM in less than…
The view from the rooftop pool of the Marina Bay Sands resort hotel, which overlooks the financial district skyline of Singapore. Anthony Wallace | Afp | Getty Images Singapore’s core inflation posted its softest rise since February 2021, coming in at 0.3% for August as services costs eased. The figure — which strips out prices…
Vibrant neon signs and bright street lights glowing above the busy night traffic of taxis, double decker buses and pedestrians along Nathan Road in the crowded Tsim Sha Tsui district of Kowloon, Hong Kong, China. Fotovoyager | E+ | Getty Images Japan’s benchmark Nikkei 225 surpassed the 45,000 mark for the first time, leading gains…
Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…
