Analysis: Indices

Digital bank NOBA plans Sweden IPO valuing firm at $3.7 billion

Digital banking group NOBA has announced plans to list on the Nasdaq Stockholm exchange sometime in the third quarter of this year in a deal expected to value the company at around 35 billion Swedish...

Third cargo from Russia's sanctioned Arctic LNG 2 discharges and departs China

BEIJING -A third tanker from Russia's Arctic LNG 2 plant, which is under Western sanctions, discharged its cargo and exited a terminal in China on Wednesday, LSEG and Kpler's ship-tracking data...

China cannot be ignored, Britain's trade minister says, as row over embassies clouds ties

Britain's new business minister Peter Kyle, visiting Beijing for the first trade talks since 2018, said China's economic might made it unignorable but that better commercial ties hinged on moving past...

South Africa's current account deficit widens to 1.1% of GDP in second quarter

JOHANNESBURG -South Africa's current account deficit widened to 1.1% of gross domestic product in the second quarter of 2025, from a revised 0.6% deficit in the first quarter, central bank data...

South African insurer Discovery posts 30% rise in annual profit

JOHANNESBURG -South African health insurer Discovery Ltd reported a 30% increase in full-year profit on Thursday, as it achieved strong growth across its operations. Its normalised...

Oil prices slide 2% on worries about global oversupply, US demand

Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply offset threats to output from the conflict in the Middle East and the war...

LB Pharmaceuticals raises $285 million in US IPO

LB Pharmaceuticals raised $285 million in its U.S. initial public offering, the biotech firm said on Wednesday, marking the first sizable biotech IPO since February. The New York-based...

Newmont applies for voluntary delisting from Toronto Stock Exchange

Newmont has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange due to low trading volumes, the world's top gold miner said on Wednesday. The move,...

TD appoints Taylan Turan as chief operating officer ahead of investor day

TD Bank on Wednesday named Taylan Turan as chief operating officer along with a slew of executive appointments, ahead of its investor day in September where the Canadian lender is likely to provide...

Barrick executive switches sides to advise Mali president in gold dispute

DAKAR/TORONTO -A senior Barrick Mining executive who had been representing the company in tense negotiations with Mali's government has switched sides to become an adviser to Mali's president, a...

Botswana launches new wealth fund to drive diversification and create jobs

GABORONE -Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage state companies, officials said on Wednesday. The Southern African...

Glenfarne, Gunvor sign 20-year LNG supply deal as project nears investment decision

U.S. energy infrastructure company Glenfarne said on Wednesday its unit struck a 20-year deal to sell liquefied natural gas to trading firm Gunvor, moving its planned Brownsville export project in...

Klarna valued at nearly $20 billion as shares jump in NYSE debut

Klarna shares jumped 30% in their hotly anticipated New York debut, valuing the Swedish fintech at $19.65 billion, ending the company's years-long wait for a listing and underscoring a rebound in the...

Turkey's BOTAS signs 1.2 bcm LNG deal with Cheniere, minister says

ISTANBUL -Turkish state energy company BOTAS signed a 1.2-billion-cubic-metre liquefied natural gas purchase agreement with Cheniere, Turkish Energy Minister Alparslan Bayraktar said on Wednesday. ...

Chinese goods redirected to Germany due to US tariffs, researchers say

Chinese goods shipped to Germany surged at more than twice the pace of total imports in the first seven months of the year as U.S. tariffs disrupted global trade flows, according to a study by the...

Bangchak still awaiting details on Thai sustainable aviation fuel mandate, exec says

An executive with Thai energy firm Bangchak Corp said on Wednesday there is no sign yet of details on the country's expected mandate for sustainable aviation fuel usage. The company...

Edison to buy U.S. LNG from Shell in 15-year deal starting 2028

Italy's energy company Edison on Wednesday signed an agreement with Shell to purchase liquefied natural gas from the United States, expanding its long-term portfolio. The Italian...

Exxon expects EU to sign long-term US gas deals, FT reports

ExxonMobil expects the European Union to sign multi-decade U.S. gas contracts under its pledge to buy billions of dollars of American energy, the Financial Times reported on Wednesday. ...

India's stock benchmarks open higher on hopes of progress in US trade talks

India's equity benchmarks opened higher on Wednesday, extending their rally, fuelled by hopes of progress in trade talks with Washington, while recent tax cuts and firming expectations of a U.S. rate...