Analysis: Indices

Libya plans to boost gas exports to Europe by 2030

Libya plans to boost its natural gas production in the next five years to have more supply available for export to Europe by early 2030, National Oil Corporation Chairman Massoud Suleman said on...

India to ramp up purchases of US oil, arms, aircraft; open some farm access

India has agreed to buy petroleum, defence goods, and aircraft from the U.S., while partly opening up its highly-guarded agriculture sector under a trade deal, according to a government official, as...

Indian shares surge at open, buoyed by US trade deal

Indian shares surged at the open on Tuesday, with the benchmark Nifty coming within 50 points of record high levels, buoyed by the India-U.S. trade deal which removes a major overhang for the...

Indian shares set for gap-up open after US trade deal

Indian equity benchmarks are likely to open higher on Tuesday, buoyed by the India-U.S. trade deal, which is expected to attract foreign investor inflows. Gift Nifty futures were trading...

India's bumpy trade relationship with the US over the last year

U.S. President Donald Trump said on Monday he had agreed on a trade deal with India, and that New Delhi also agreed to stop buying Russian oil and buy more from the U.S. and potentially Venezuela. ...

Morocco's energy ministry puts gas projects on hold

Morocco's energy ministry said on Monday it has paused tenders launched last month for an LNG terminal and related gas pipeline projects, without giving details on the reasons for the suspension. ...

Rising AI power needs could turn LNG supply glut into a 2030 shortage, says QatarEnergy CEO

Growing electricity demand from AI and data centres, together with rising fuel use in Asia and European gas needs could turn an expected global liquefied natural gas supply glut into a shortage by...

US Treasury has not pledged funds to AfDB's 2025 ADF financing round, spokesman says

The U.S. Treasury did not contribute funds to the African Development Bank's fund for low-income countries, citing too much emphasis on climate change and other issues. The...

Gold, silver extend fall as CME margin hikes compound sharp selloff

Gold and silver prices continued to fall on Monday as higher margin requirements at CME Group compounded last week's sharp selloff following the nomination of Kevin Warsh as the next Federal Reserve...

EU's Russian gas import ban legally sound, will end 'blackmail', Energy Commissioner says

The European Union's decision last week to ban Russian gas imports was 100% legally sound, the bloc's Energy Commissioner Dan Jorgensen told reporters in Lisbon on Monday, adding it would prevent...

The end of a long-running saga - and plenty of questions

By announcing the appointment of Kevin Warsh as Fed chair, Donald Trump has brought a long-running saga to an end and removed one uncertainty. However, his choice also raises plenty of questions.

Eldorado Gold to buy Foran Mining in $2.8 billion deal to deepen copper exposure

Eldorado Gold will acquire Canada's Foran Mining in a deal valuing the copper-focused developer at about C$3.8 billion , adding a second near-term growth project and increasing its exposure to...

Nigeria's Dangote refinery expands gas deals with NNPC to secure fuel for expansion programmes

Three Dangote Group subsidiaries said on Monday they had bolstered gas supply contracts with NNPC units to support expansion plans, aligning with Nigeria's shift toward cleaner energy and industrial...

South African factory mood lifts in January, Absa PMI shows

A gauge of South African manufacturing sentiment improved in January thanks to a pickup in business activity, though weak exports dragged down the headline index, a purchasing managers' index survey...

South Africa's Shoprite estimates 10% earnings rise after strong festive season

South Africa's Shoprite Holdings expects profit for the second half of last year to rise by up to 10.2%, lifted by strong festive season demand, the country's biggest grocer said in a preliminary...

Europe's $955 billion recovery fund struggles to transform economy

In olive groves and vineyards dotted across Spain, sensors and drones paid for by Europe's largest recovery fund since the post-war Marshall Plan are gathering soil data to feed into AI models which...

Indonesia's January inflation highest in almost 3 years

Indonesia in January reported its quickest pace of inflation in nearly three years, its statistics bureau said on Monday, as it also released surprisingly strong export and import growth in December. ...

South Africa's Shoprite anticipates up to 10.2% half-year profit rise

South Africa's Shoprite Holdings expects to report up to a 10.2% increase in half-year profit as sales rose by 7.2%, the country's biggest grocery chain said on Monday. Shoprite,...

India equity benchmarks open lower, sentiment subdued after budget

India's equity benchmarks inched lower at the open on Monday, following a broad-based sell-off during Sunday's special trading session after the federal annual budget failed to deliver on key measures...