Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A series of presid
Kenyan activists Bob Njagi and Nicholas Oyoo have once again made headlines, this time after threatening to mobilize protests targeting Tanzania’s leadership. The two, who were recently released from detention in Uganda, announced plans to stage demonstrations and shut down the Kenyan–Tanzani
Tanzanian TikToker Jennifer Jovin, also known as Niffer, is facing some serious charges, and her mother, Mwanaisha Isaac, is fighting for her daughter’s life.According to The Star, Isaac has publicly pleaded with President Samia Suluhu Hassan for forgiveness for her daughter, who is curr
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.Gold rose for a fifth straight session on Thursday t
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
Xpeng XPEV stock jumped 18% to three-year highs on record deliveries and humanoid robot technology. Up 130% YTD, outperforming Chinese EV rivals.TLDRXpeng (XPEV) stock jumped 18% Tuesday to its highest price since July 2022October deliveries hit 42,013 vehicles, up 76% year-o
South Sudan’s President Salva Kiir has dismissed the undersecretary at the Ministry of Petroleum just a week after appointing him, in the latest shake-up in the country’s sensitive oil sector.The undersecretary is the highest-ranking official managing the ministry since Petroleum Minis
Gold (GC=F) futures sat near $4,000 per ounce on Friday, remaining steady after last month’s sharp sell-off but raising questions over where the precious metal is headed next.Gold is still on pace for its best year since 1979, driven by central bank purchasing and increased inflows into
Nile Trade Link Services, the company managing Nile Star Buses, has suspended all passenger transport operations following a spate of fatal accidents involving its fleet within just one month.In a public notice issued on Thursday, the company said the sus
