By Chris Mfula LUSAKA (Reuters) -The International Monetary Fund has reached an understanding in principle with China about a debt…
Banks demand deep changes to UK’s accountability rules -sources
By Iain Withers and Huw Jones LONDON (Reuters) – Banks are pushing the British government to relax core parts of…
Nigeria opens ‘game changer’ billion-dollar deep seaport
By Seun Sanni LAGOS (Reuters) – Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected…
Volvo Cars recalls around 106,900 cars worldwide
STOCKHOLM (Reuters) – Sweden-based Volvo Cars is recalling around 106,900 cars worldwide over a suspected fault related to the brakes,…
OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say
By Alex Lawler, Ahmad Ghaddar and Vladimir Soldatkin LONDON (Reuters) – An OPEC+ panel is likely to endorse the producer…
Coking coal narrows the gap on thermal as China reopens: Russell
By Clyde Russell LAUNCESTON, Australia (Reuters) -The premium of high-grade thermal coal over coking coal in Asia is shrinking as…
Japan higher rates expand debt pile, balanced budget seen delayed again
By Tetsushi Kajimoto TOKYO (Reuters) -Japan raised its estimates for long-term interest rates over the coming few years in government’s…
Marketmind: Tech tonic, recession rethink
A look at the day ahead in U.S. and global markets from Mike Dolan. Pumped-up hopes for U.S. tech sector…
Japan’s Nidec slashes full-year operating profit forecast on weak demand, restructuring costs
By Daniel Leussink TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half…
Indonesia’s FDI jumps in 2022, led by mineral processing
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s foreign direct investment surged 44.2% on a yearly basis in…