Analysis: Indices

AB Foods' bioethanol plant set to be early victim of US-UK trade deal

Associated British Foods said it would close the UK's largest bioethanol plant by September if the government does not provide support and funding, potentially the first victim of Britain's tariff...

South Africa records FDI inflows, portfolio outflows in Q1

JOHANNESBURG -South Africa recorded foreign direct investment inflows of 11.7 billion rand in the first quarter of 2025, higher than inflows of 7.5 billion rand in the fourth quarter of last year,...

South African rand volatile as investors react to US data, domestic politics

JOHANNESBURG -The South African rand was flat in choppy Thursday trading as investors reacted to key U.S. economic indicators and the removal of a South African deputy trade minister. ...

Jefferson Capital, existing shareholders raise $150 million in US IPO

Private equity-backed Jefferson Capital and its existing investors raised $150 million in a Nasdaq initial public offering after pricing its shares at the lower end of the projected range, the firm...

Boeing hires former Northrop executive to lead Air Force One program, sources say

Boeing has hired a former Northrop Grumman executive, Steve Sullivan, to lead its Air Force One program, according to two people briefed on the matter. Sullivan, who previously worked...

Shell says 'no talks are taking place' after WSJ reports BP takeover discussions

LONDON -Shell said on Wednesday that no talks are taking place after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP. ...

India plans steps to counter rising copper supply risks

NEW DELHI -India has held internal talks about its growing vulnerability to the tightening global copper market and plans to discuss ways to lock in supply from resource-rich countries during ongoing...

Exclusive-US exchanges, SEC in talks to ease public company regulations

NEW YORK -U.S. exchange operators are in talks with the Securities and Exchanges Commission on easing regulatory burdens for public companies, as they seek to encourage more richly valued startups to...

A fragile ceasefire is good enough for markets

A look at the day ahead in European and global markets from Kevin Buckland Some 24 hours on from when U.S. President Donald Trump announced a truce in the Middle East - despite being...

Nigeria and Brazil sign $1 billion agreement to boost agriculture

ABUJA -Nigeria and Brazil signed a $1 billion agreement on Tuesday to boost agriculture, food security, energy and defence in the West African nation, Nigeria's vice president Kasim Shettima said. ...

Nasdaq 100 notches first record high close since February

The Nasdaq 100 notched a record high close on Tuesday for the first time since February, rebounding from deep losses in recent months related to worries about U.S. President Donald Trump's global...

Trump tariffs fan calls by European metal producers for scrap export curbs

BRUSSELS -Metal producers in the European Union are lobbying the bloc to impose export duties or curbs on scrap metal shipments in the next few weeks to stem a sharp increase in flows to the United...

Travel stocks lift UK midcaps after Israel-Iran ceasefire

The UK's midcap stocks gained on Tuesday, with travel stocks in the lead as investors took comfort from signs of easing tensions in the Middle East and an upbeat forecast from cruise operator...

LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

SINGAPORE/LONDON -Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in more ships heading to Asia at...

Exclusive-Alberta blew past gas flaring ceiling in 2024 as province eliminates limit

CALGARY -Energy producers in Alberta, Canada's top oil-producing province, blew past the province's self-imposed limit on annual natural gas flaring in 2024 for a second year in a row, Reuters...

ERG plans to produce critical mineral gallium in Kazakhstan next year

LONDON -Eurasian Resources Group plans to invest $20 million in facilities to produce critical mineral gallium in Kazakhstan from next year, from the bauxite ore it processes to produce alumina, the...

Russia and Mali sign trade deals, eye nuclear energy cooperation

MOSCOW -Russia signed agreements to bolster trade and economic ties with Mali on Monday and President Vladimir Putin told the visiting leader of the West African country's military junta that there...

Exclusive-Malian court-appointed administrator meets Barrick Mining staff in capital as office reopens

DAKAR -Malian tax officials have reopened Barrick Mining's office in the capital under a court-appointed administrator, after it was shuttered in April over alleged non-payment of taxes, two people...

South Africa agrees $1.5 billion World Bank loan to upgrade infrastructure

JOHANNESBURG -South Africa has signed a $1.5 billion loan agreement with the World Bank, aiming to overhaul its transport and energy infrastructure and reignite economic growth, the National Treasury...