Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling as much as 1
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action so far by a
AMERICAN forces are reportedly preparing to bomb military installations inside Venezuela – and the strikes could come in a “matter of days or even hours”.Donald Trump has already moved US naval and air assets closer to Venezuelan shores – stoking fears of an all-out war.An a
How the rivalry between the two Gulf carriers has contributed to the growth of the local aviation industryEmirates and Qatar Airways, the two Gulf carriers dominating the global aviation industry are flexing muscles over the fast growing Ugandan market. Every week thousands of Ugandans dep
Oppo is reportedly preparing to launch the Oppo Find N6.Oppo appears ready to take on Samsung once again in the premium foldable space. The Chinese smartphone maker is reportedly preparing to launch the Oppo Find N6, a next-generation book-style foldable designed to challenge the Samsung G
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.Spot
Motorists drive past an electoral campaign billboard of Tanzania's President Samia Suluhu Hassan of the ruling Chama Cha Mapinduzi Party (CCM) ahead of the general elections in Ilala district of Dar es Salaam, Tanzania Tanzanians will vote on Wednesday in an election that President Samia S
Uganda and the UAE kicked off their fourth annual business forum in Kampala, aiming to boost a $2.8 billion trade relationship dominated by Ugandan gold. Foreign direct investment from the Gulf nation has surged tenfold, fueling growth in sectors like agribusiness and renewable energy.KAMP
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
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