Indices

Nasdaq tumbles, European shares rise as investors digest Ukraine peace efforts

LONDON/SAN FRANCISCO -Wall Street stocks fell, European equities rose and oil edged down on Tuesday as traders assessed the previous day's White House talks on the war in Ukraine, and looked ahead to...

Oil prices fall on talks to end Russian invasion of Ukraine

HOUSTON -Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia's invasion of Ukraine could ease sanctions on Russian crude oil, boosting global...

Blockchain lender Figure Technology reveals revenue surge in US IPO filing

Figure Technology Solutions' revenue surged 22% in the first half of 2025, the blockchain lender disclosed on Monday in its U.S. initial public offering paperwork, the latest crypto-linked firm set...

Exclusive-Egypt agrees to buy at least 200,000 tons of French wheat, state buyer says

CAIRO/DUBAI -Egypt's state grains buyer Future of Egypt has agreed to buy at least 200,000 metric tons of French wheat in recent private deals with exporters, plus several 30,000-ton cargoes of wheat...

Ghana cocoa farmers revolt over prices, threaten mass smuggling

ACCRA -A coalition of Ghanaian cocoa farmers has threatened to bar officers of the national regulator from their farms to protest the newly announced producer price for the upcoming season, which...

Ivory Coast's cocoa crop healthy, but needs more sun, farmers say

ABIDJAN -Light rains have helped the October-March main crop despite persistent cold weather across most of Ivory Coast's key cocoa regions, farmers said on Monday. Ivory Coast, the...

Indian regulator proposes phased restructuring of indexes with derivatives contracts

MUMBAI -India's markets regulator on Monday proposed a phased approach to restructuring existing equity indices that are linked to derivatives contracts to prevent market manipulation. ...

South Africa's Q2 farm exports to the US surge, but tariffs dampen prospects

South Africa's produce exports to the United States rose 26% in the second quarter following strong harvests, Agriculture Minister John Steenhuisen said on Monday, but a 30% tariff imposed by...

Ivory Coast cocoa grind down 31.2% year-on-year in July, exporters association says

ABIDJAN -Ivory Coast's cocoa grind dropped 31.2% year-on-year in July to 39,301 metric tons, data from exporters' association GEPEX showed on Monday, with grinders citing poor bean quality and low...

China's July refined oil yearly exports up 7.1%, hit 13-month high

China's exports of refined oil products in July rose 7.1% from last year, according to customs data, maintaining the strong momentum from last month and recording the highest monthly total since June...

Absa CEO targets retail growth in South Africa and scale on the continent

JOHANNESBURG -The CEO of South Africa's Absa Group says he will focus on modernising and building its retail banking business, promising stability after becoming the lender's sixth new head since...

MTN South Africa CEO Molapisi to switch roles to technology officer

JOHANNESBURG -Africa's biggest mobile operator MTN Group said on Monday that Ferdi Moolman, the current Group Chief Risk Officer, will succeed Charles Molapisi as CEO and Executive Director of MTN...

South Africa's MTN faces new US investigation into Afghanistan conduct

JOHANNESBURG -South African mobile network operator MTN Group is facing an investigation by a U.S. Department of Justice grand jury into its conduct and that of its former subsidiary in Afghanistan...

China July aluminium imports surge 38% from prior year

BEIJING -China's imports of unwrought aluminium and products in July surged 38.2% from the prior year, customs data showed on Monday. The world's top consumer of the light metal...

Rupee ends higher alongside local equities; premiums, volatility flat

The Indian rupee rose on Monday, boosted by the rally in local equities on Prime Minister Narendra Modi's planned tax cuts, while forward premiums and volatility expectations barely budged following...

Global markets face shaky week ahead as US pressure mounts on Ukraine

LONDON -Defence stocks and energy markets are likely to be in focus this week, as European leaders rushed to back Ukraine in talks with U.S. President Donald Trump that may pressure Kyiv to accept a...

Transit-tech firm Via reveals revenue gains in US IPO filing

Via Transportation's revenue rose 27% in the first half of 2025, the transit-tech firm disclosed on Friday in its U.S. initial public offering paperwork, as it advances plans for a long-sought New...

Exclusive-US mulled use of Russia icebreakers for gas development ahead of summit-sources

LONDON -The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects in Alaska as one of the possible deals to...

Isuzu plans South Africa as hub for African truck production

GQEBERHA South Africa -The South African arm of Japanese automaker Isuzu Motors aims to be the manufacturing hub of commercial trucks for the African market, helping it increase volumes and locally...