Business

UK stock indexes set for fourth week of gains, miners rally

A screen is displayed at the London Stock Exchange in London, Britain January 19, 2026. Photographer Jack Taylor/File Photo By Reuters The main UK indexes were on track for a fourth consecutive week of gains on Friday, as a rally in precious metal miners helped offset worries about a lasting peace agreement between the ​United

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Oil prices and world shares gain after Wall Street hits fresh records on strong corporate earnings

By The Associated Press Shares advanced in Europe and Asia on Wednesday after the U.S. stock market rallied to records, helped by strong corporate earnings reports and hopes for a deal setting the stage for talks that might eventually lead to an end to the war in Iran. Oil prices resumed their ascent, with Brent

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Turkey’s exports of critical technology exceeded $56 billion in six months

By Anadolu Agency Turkey, which prioritizes policies that will increase investment, production, employment, and exports in the manufacturing industry aimed at competitive production, has seen its efforts in this area reflected in its export figures. According to information compiled by an AA correspondent from data provided by the Turkish Statistical Institute (TÜİK), Turkey is increasing

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China’s economy starts new five-year plan with resilience, new growth drivers

An aerial drone photo taken on May 17, 2026 shows a view of the Longtan Container Terminal at Nanjing Port, east China’s Jiangsu Province. Photographer Yang Suping By Xinhua News Agency China’s steady first-half growth in 2026 underscored the resilience of the world’s second-largest economy and the growing role of new growth drivers as it

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Why do Africans send money home and how big is the remittance economy?

By The African Exponent Africans send money home because migration is often a family investment rather than an individual journey. Money earned abroad is expected to help pay school fees, cover medical bills, build homes, start businesses and support relatives through difficult times. Those family transfers have grown into one of Africa’s biggest economic forces.

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Dollar near one-month low as concerns over oil prices remain subdued

U.S. dollar banknotes are seen in this illustration taken March 24, 2026. Dado Ruvic/Illustration/File Photo By Reuters The dollar hovered near its one-month low on Thursday as investors weighed subdued U.S. inflation data, which dampened rate-hike expectations, against the risk of ​a further oil price spike that could support the greenback. U.S. Treasury yields fell

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Turkish defense giant Aselsan inks $1.68B air defense systems contract with defense industry authority

By Anadolu Agency Turkish defense company Aselsan signed a contract worth approximately €1.47 billion ($1.68 billion) with the country’s defense industry authority to expand the serial production of air defense systems. The agreement was signed with Turkey’s Secretariat of Defense Industries in addition to ongoing serial production projects, Aselsan said in a statement on Turkey’s

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China, Namibia announce to build community with shared future for new era

Chinese President Xi Jinping and his wife Peng Liyuan pose for a group photo with Namibian President Netumbo Nandi-Ndaitwah and her spouse Epaphras Denga Ndaitwah prior to the talks between Xi and Netumbo Nandi-Ndaitwah in Beijing, capital of China, July 10, 2026. Xi held talks with Netumbo Nandi-Ndaitwah, who is on a state visit to

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China-Europe Railway Express spurs trade, logistics development in Poland

A cargo train runs along a freight rail line in Lodz, Poland, June 25, 2026. Photographer Yue Yuanyuan By Xinhua News Agency More than a decade ago, Filip Grzelak spent Christmas night at a border crossing, waiting for one of the first freight trains linking Chengdu in southwest China with Lodz in central Poland. For

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Top 10 African countries with the fastest-growing economies in 2026: IMF World Economic Outlook projections

By The African Exponent Economic growth projections remain a central reference point in global capital allocation because they signal where production, consumption demand, and investment activity are likely to expand ahead of realized market performance. This ranking is based on real GDP growth projections from the International Monetary Fund (IMF) World Economic Outlook (April 2026).

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