Analysis: Indices

French economy to grow 0.8% in 2025 as key sectors rebound, INSEE says

PARIS -France's economy will grow marginally faster than previously expected this year as rebounds in the aeronautics industry, tourism, real estate and agriculture offset weak consumer spending and...

Instant View: US consumer prices rise more than expected, but a rate cut still coming

U.S. consumer prices rose more than expected in August while the annual increase in inflation was the largest in seven months, although the numbers will not prevent an interest rate cut from the...

Namibia to boost sulphuric acid production as critical mineral output rises

WINDHOEK -Namibia is set to increase its sulphuric acid production in response to rising critical mineral output, with Green Metals Refining and Vedanta announcing plans on Thursday to set up and...

OPEC sticks to oil demand forecasts, says economy doing well

LONDON -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in the...

Swiss add lustre to Trump trade deal with gold refining plan, sources say

ZURICH -Switzerland is proposing that its gold industry builds a refinery in the United States or increases its processing capacity there as part of a plan to reduce U.S. trade tariffs, according to...

E20 fuel safe but curbs vehicle performance, Mahindra executive says

Fuel blended with 20% ethanol is safe to use, an executive at Indian SUV maker Mahindra & Mahindra said on Thursday as the country rolls out E20 in a clean energy drive, but he added that vehicles...

Digital bank NOBA plans Sweden IPO valuing firm at $3.7 billion

Digital banking group NOBA has announced plans to list on the Nasdaq Stockholm exchange sometime in the third quarter of this year in a deal expected to value the company at around 35 billion Swedish...

Third cargo from Russia's sanctioned Arctic LNG 2 discharges and departs China

BEIJING -A third tanker from Russia's Arctic LNG 2 plant, which is under Western sanctions, discharged its cargo and exited a terminal in China on Wednesday, LSEG and Kpler's ship-tracking data...

China cannot be ignored, Britain's trade minister says, as row over embassies clouds ties

Britain's new business minister Peter Kyle, visiting Beijing for the first trade talks since 2018, said China's economic might made it unignorable but that better commercial ties hinged on moving past...

South Africa's current account deficit widens to 1.1% of GDP in second quarter

JOHANNESBURG -South Africa's current account deficit widened to 1.1% of gross domestic product in the second quarter of 2025, from a revised 0.6% deficit in the first quarter, central bank data...

South African insurer Discovery posts 30% rise in annual profit

JOHANNESBURG -South African health insurer Discovery Ltd reported a 30% increase in full-year profit on Thursday, as it achieved strong growth across its operations. Its normalised...

Oil prices slide 2% on worries about global oversupply, US demand

Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply offset threats to output from the conflict in the Middle East and the war...

LB Pharmaceuticals raises $285 million in US IPO

LB Pharmaceuticals raised $285 million in its U.S. initial public offering, the biotech firm said on Wednesday, marking the first sizable biotech IPO since February. The New York-based...

Newmont applies for voluntary delisting from Toronto Stock Exchange

Newmont has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange due to low trading volumes, the world's top gold miner said on Wednesday. The move,...

TD appoints Taylan Turan as chief operating officer ahead of investor day

TD Bank on Wednesday named Taylan Turan as chief operating officer along with a slew of executive appointments, ahead of its investor day in September where the Canadian lender is likely to provide...

Barrick executive switches sides to advise Mali president in gold dispute

DAKAR/TORONTO -A senior Barrick Mining executive who had been representing the company in tense negotiations with Mali's government has switched sides to become an adviser to Mali's president, a...

Botswana launches new wealth fund to drive diversification and create jobs

GABORONE -Botswana has set up a new sovereign wealth fund to drive economic diversification, create jobs and manage state companies, officials said on Wednesday. The Southern African...

Glenfarne, Gunvor sign 20-year LNG supply deal as project nears investment decision

U.S. energy infrastructure company Glenfarne said on Wednesday its unit struck a 20-year deal to sell liquefied natural gas to trading firm Gunvor, moving its planned Brownsville export project in...

Klarna valued at nearly $20 billion as shares jump in NYSE debut

Klarna shares jumped 30% in their hotly anticipated New York debut, valuing the Swedish fintech at $19.65 billion, ending the company's years-long wait for a listing and underscoring a rebound in the...