LONDON – British bank Barclays (BARC.L) will pay up to 2.4 billion pounds ($3.9 billion) in bonuses to staff for 2013, Sky News said, a year...
BERLIN – Chesapeake Energy Corp. expects to spend less on capital improvements in 2014, as the natural-gas company works to trim costs after years of liberal...
NEW YORK — Gold futures edged higher Thursday, taking cues from gains in the euro after the European Central Bank didn’t announce any new stimulus measures...
NEW YORK – Brent crude was above 106 dollar a barrel on Thursday as global economic growth worries hurt demand. The oil market has mostly escaped...
ACCRA — The West African nation of Ghana raised interest rates on Thursday on top of tough new foreign-exchange controls, the latest emerging market economy to...
NAIROBI – Sub-Saharan Africa attracted 1.6 billion dollars private equity investment in 2013. This is the highest in five years, with the East Africa region experiencing...
…EIA reported stronger-than-expected demand for petroleum products …Nymex March futures up 1.1% at $98.41/barrel …Gasoline futures up 1.3% after smaller-than-expected supply build NEW YORK – U.S....
NAIROBI – Royal Philips and the African Medical and Research Foundation (AMREF) announced that they will work closely together in an innovative shared-value partnership model designed...
KAMPALA — The government of Uganda has signed a long awaited deal with foreign oil companies to develop its oil sector, bringing to an end several...
ABUJA – Toronto-listed Oando Energy Resources (OER), the upstream business of Oando Plc, said it had secured funding for the closure of the acquisition of the...
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