Indices

German lawmakers back measures to lower electricity costs

BERLIN -Germany's lower house of parliament passed two bills late on Thursday aimed at lowering electricity prices, which are among the highest in Europe and are a burden on industry and the wider...

Canada names proposed Ksi Lisims LNG project for fast-tracking

CALGARY -Canada said on Thursday it will add the proposed Ksi Lisims LNG facility to its major projects list for fast-tracking, a designation the company behind the project said makes it more likely...

Congo produces first 1,000 tons of traceable artisanal cobalt

KINSHASA -The state cobalt agency in Democratic Republic of Congo has produced its first 1,000 metric tons of traceable artisanal cobalt, a key step in formalizing the sector in a country that...

TSX falls the most in seven months as tech shares slide

TORONTO -Canada's main stock index posted its biggest decline in seven months on Thursday, with technology shares leading broad-based declines as the market pulled back from a record high. ...

Milan Stock Exchange Consolidates Gains, Ftse Mib Nears 45,000 Points as Azimut Plummets

Piazza Affari continued to consolidate its upward momentum, with the Ftse Mib index hovering just below the significant psychological resistance level of 45,000 points--a threshold not seen since...

Canada eyes fresh start in trade talks with India, says minister Sidhu

NEW DELHI -Canada and India are working to rebuild trade ties and explore new areas of cooperation after a two-year chill, with Ottawa keen to restart trade negotiations under a new process, Canadian...

South Africa's Cell C sets offer price ahead of Johannesburg listing

JOHANNESBURG -South African mobile operator Cell C and The Prepaid Company are targeting gross proceeds of up to 6.5 billion rand from the sale of shares ahead of Cell C's planned listing on the...

South African markets rally on post-budget statement glow

JOHANNESBURG -South Africa's currency, stocks and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline after the government's medium-term budget policy statement. ...

India's stock benchmarks open lower after three sessions of gains

India's stock benchmarks inched lower at the open on Thursday, after rising 1.5% each in three straight sessions, as investors awaited election results for the politically significant north Indian...

Nigeria's Dangote plans $1 billion investments in Zimbabwe

HARARE -Nigeria's Dangote Group will invest at least $1 billion in a pipeline, power generation and cement plant in Zimbabwe, its founder and CEO Aliko Dangote said on Wednesday. ...

TSX climbs to record high 

Canada's main stock index rose to a record high on Wednesday, led by metal miners and food retailer Loblaw, as the recent strength of corporate earnings bolstered investor sentiment. ...

Trump eyes more domestic travel to tout economic agenda, affordability

WASHINGTON -U.S. President Donald Trump plans more domestic travel to sell his administration's efforts to drive down the cost of living, two people with knowledge of the matter said, as a top aide...

Standard Bank opens Egypt office to tap Gulf-Africa flows as outlook brightens

CAIRO -Standard Bank Group, Africa's biggest lender by assets, on Wednesday opened a representative office in Egypt, betting that an economic recovery in the Arab world's most populous nation and...

South Africa cuts inflation target in first change for 25 years

PRETORIA -South Africa cut its inflation target to 3% on Wednesday, marking the first adjustment in 25 years, with Finance Minister Enoch Godongwana saying that over time this will lessen inflation...

Polestar's losses widen, aims to keep Nasdaq listing with reverse stock split

Polestar reported a wider third-quarter loss on Wednesday and said it would conduct a reverse stock split - reducing the number of its existing shares while increasing their value - in an attempt to...

Russian maintains grain crop forecast at 135 million tons in 2025

Russia is maintaining its grain crop forecast at 135 million metric tons in 2025 in clean weight, Agriculture Minister Oksana Lut said on Wednesday. She said Russian farmers have already collected...

Global wine output subdued by climate shocks, OIV says

PARIS -Global wine production rose slightly in 2025, but output remained below average for a third consecutive year as vineyards faced extreme and volatile weather, the International Organization of...

Data centres to drive energy storage 'boom cycle' in next five years, UBS says

BEIJING -AI data centre-fuelled power demand growth in the U.S. is likely to drive a boom cycle for energy storage in the next five years as more storage is needed to smooth out fluctuations from...

Why are multilateral development banks under pressure to reform?

BELEM, Brazil -The World Bank and other multilateral development banks are under pressure to offer more help to poor countries being hammered by energy challenges and climate disasters. Here is what...