All major Asian stock markets closed the first transaction day of the week with losses amid central banks’ moves to protect the value of local currencies. On Monday, the …
Asian stock markets close Monday with sharp declines Read MoreThe Nigeria-Morocco Gas Pipeline Project (NMGP) was officially launched Friday with the signing in Morocco of a Memorandum of Understanding (MoU) between the two countries and the Economic Community of …
Nigeria, Morocco sign gas pipeline project to travel across sub-Saharan Africa to Europe Read MoreUS retail sales rose 0.3% in August, higher than the market expectation, according to the Commerce Department figures released on Thursday. Retail sales in the US increased to $683.3 …
US retail sales rise 0.3% to $683B in August Read MoreThe gas bill of a bakery in Germany increased by more than 1,200% amid a worsening energy crisis in the country. The managing director of the Vatter bakery told …
German bakery owner devastated as his gas bill soars by 1,200% Read MoreDespite market estimates of an increase, US industrial production dropped 0.2% in August, according to data released by the Federal Reserve on Thursday. The market expectation was a gain …
US industrial production falls 0.2% in August Read MoreThe Polish prime minister on Thursday announced a government plan to cap rises in energy prices. “We present the ‘Solidarity Shield’ to protect Poles from the sharp, 3-4-fold, increases …
Polish prime minister unveils plan to cap energy prices Read MoreEthereum, the world’s second-largest cryptocurrency by market value, finalized “The Merge” software upgrade Thursday to lower its energy consumption by an estimated 99%. After years of development and postponements, …
Ethereum finalizes ‘The Merge’ to lower energy consumption by 99% Read MoreChina and Uzbekistan on Thursday signed agreements worth $15 billion in trade, investment, and financial and technical cooperation. The deals were inked during a meeting between Chinese President Xi …
China, Uzbekistan sign agreements worth $15B in Samarkand Read MoreUp to 55% of Ugandans who opened businesses in the past five years had to close them due to coronavirus disruptions, declining demand, and heavy taxation, according to a report …
55% of Uganda businesses close because of coronavirus, heavy taxation Read MoreFitch Ratings lowered its global economic growth estimates but raised the growth forecast for the Turkish economy, according to its Global Economic Outlook September 2022 report released Wednesday. The …
Fitch lowers global growth estimates, raises Turkish economy forecast Read More