Oil price jumps despite deal to release record amount of reserves
It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
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IEA record reserve release, markets doubt relief
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. Lucy Nicholson | Reuters Oil prices surged more than 7% Thursday, as traders appear to be unconvinced that government stockpiles can offset the massive supply shock triggered by the war in the Middle East. The West Texas Intermediate jumped 7.5% to $93.8 per…
Deflation and tariff-hit China sets lowest growth target on record at 4.5% to 5%
Xi Jinping, China’s president, center, attends the opening session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of People in Beijing, China, on Wednesday, March 4, 2026. Qilai Shen | Bloomberg | Getty Images China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest…
Africa: BRVM Extends Rally to Seventh Week As Solibra Hits Record High
The BRVM posted its seventh consecutive weekly gain, supported by dividend season flows and rising trading activity. The Composite index rose 3.81% to 417.71 points. The BRVM 30 gained 3.99% to 194.81 points, while the Prestige added 3.39% to 164.82 points. More than 11.36 million shares were traded during the week for a total value…
Rasan Reports Record FY 2025 Results with 82% Revenue Growth to SAR 653 Million and Adjusted Net Income Nearly Tripling
Rasan Scales new Heights: Record-Breaking FY 2025 Financial Performance (Photo: AETOSWire) Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in Saudi Arabia, today announced record financial results for the full year ended 31 December 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260217695698/en/ Financial Highlights: Revenue: SAR 653…
Stolz breaks Olympic record and wins second gold medal
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Stolz breaks Olympic record and wins second gold medal 01:06 UP NEXT No arrests made after search of location near Guthrie home 00:43 Public vote names National Zoo’s elephant calf ‘Linh Mai’ 00:20 Girl Scout sells record-breaking number…
Roku stock surges on earnings beat, record premium subscriptions
Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…
East Africa’s Dismal Football Record Doesn’t Match Its Passion – What Needs to Happen
East Africa loves football. From the streets of Nairobi and the markets of Kampala to the beaches of Dar es Salaam, the passion for soccer is an undeniable current running through the region. Yet, despite fan support, Kenya, Uganda and Tanzania haven’t translated this enthusiasm into sustained international success. A new book that draws on…
Japan’s Nikkei 225 skyrockets over 5% to hit record highs as Takaichi secures historic mandate
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Japanese stocks jumped to a record high Monday, leading gains in the region after Japanese Prime Minister Sanae Takaichi won a landmark election victory. The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower…
Apple shatters its own iPhone sales record
Apple shared its latest quarterly financial results, revealing a period of unprecedented growth that CEO Tim Cook described as “simply staggering.” For the quarter ending December 27, 2025, the tech giant reported a total revenue of nearly $143.76 billion, marking the biggest quarter in the company’s history. Read: Everything we know about the upcoming iPhone…