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
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 a
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slippe
Dr Winnie Tarinyeba Kiryabwire, an Associate Professor at Makerere University School of Law, has been appointed to the Advisory Board of the Centre for Business Law and Practice (CBLP) at the University of Leeds in the United Kingdom.Her appointment places a Ugandan legal scholar at the he
Over 75 countries have been eliminated from the ongoing FIFA 2026 World Cup qualifiers taking across the globe.FIFA disclosed this in a post via their website ahead of this week’s qualifiers in different continents.DAILY POST brings you the count
Rio Ferdinand was left in disbelief after Liverpool captain Virgil van Dijk was criticized recently. Reds legend Steve Nicol has now weighed in with his opinion as well.Liverpool captain
Vincent Obodo, the former chief bodyguard of Dr. Apollo Milton Obote, returned to Uganda after spending more than 50 years in exile. Obodo, now 81, left Uganda in January 1971 when General Idi
BONN, Germany — Climate activists and health experts at the Bonn Climate Summit have called on global governments to take a decisive stand against fossil fuels and loosely regulated carbon markets, warning that failure to act could worsen both environmental degradation and public health outcome
First Insurance Company Limited (FICO) has rebranded to Mirai General Insurance.This was during an event held at Four Points by Sheraton Hotel in Kampala, FICO’s acquisition by Pride Global, a dynamic Singapore-based multinational insurance and financial services group.T
A Vietnamese energy mogul has delivered a sobering critique of Africa’s chronic development paralysis, warning that failure to prioritize basics like energy in countries like Kenya is fatal to economic progress.Doanh Chau, president of Vietnam Gas and Energy Science Grou
