By Marc Jones LONDON (Reuters) – The post-pandemic rebound in world growth and inflation last year meant the amount of…
Upfront debt cuts could save hardest-hit countries $148 billion, says UNDP
By Rachel Savage JOHANNESBURG (Reuters) – A 30% upfront cut of debt-stressed countries’ borrowings could save them $148 billion over…
Indian cenbank onshore, offshore intervention helps rupee outperform-traders
By Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India (RBI) is likely intervening in both the offshore and…
Nigeria economic growth slows as industry and oil sectors shrink
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economic growth slowed to 3.52% in the fourth quarter from 3.98% a year earlier,…
Egyptians lean on instalment payments to cope with inflation
By Sarah El Safty and Mariam Rizk CAIRO (Reuters) – Ahmed Ramadan, a 44-year-old father of three, started using instalment…
Citigroup expects ‘less hard’ landing for global economy this year
(Reuters) -Citigroup economists on Wednesday raised their global growth forecast slightly and see a “less hard” landing but still expect…
South Africa’s Tiger Brands grows sales after price hikes
JOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose…
OPEC+ decisions not politicised, Saudi energy minister says
RIYADH (Reuters) – Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince…
BlackRock, Standard Chartered join talks at new debt roundtable
By Andrea Shalal and Jorgelina do Rosario WASHINGTON/LONDON (Reuters) -U.S.-based investment firm BlackRock said on Friday it would join a…
U.S. to push debt relief, Ukraine aid at G20 finance meeting in India
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings…