Castrol motor oil bottles are seen in this illustration taken June 19, 2025. Dado Ruvic/Illustration/File Photo By Reuters BP, opens new tab has agreed to sell a 65% stake in its Castrol lubricants business to U.S. private equity firm Stonepeak for about $6 billion, a significant step in the oil major’s $20 billion divestment plan

By Reuters British consumer price inflation fell unexpectedly sharply to 3.2% in November, its lowest since March, from 3.6% in October, official figures showed on Wednesday, a day before the Bank of England is widely expected to cut interest rates. A Reuters poll of economists had shown a median forecast of a fall to 3.5%

By The African Exponent This ranking of the top ten African countries with the highest intra African export volumes in 2025 offers a grounded view of where regional trade is growing fastest. It also shows how each country’s economic structure, export diversification and investment in logistics combine to determine its position. Together these leaders illustrate

Skyscrapers of the Canary Wharf commercial district are seen with The Shard building and construction cranes reflected in a perimeter glass wall of the viewing area of Garden at 120, in the City of London financial district, in London, Britain, September 23, 2025. Photographer Toby Melville By Reuters Four in 10 financial businesses in Britain

The eToro logo is displayed on a screen during the company’s IPO at the Nasdaq Market, in New York City, U.S., May 15, 2025. Photographer Brendan McDermid By Reuters Stock and crypto trading platform eToro beat estimates for third-quarter profit on Monday as retail investors maintained their buying streak despite bubble worries, sending shares up

By The African Exponent Foreign Direct Equity Inflows (FDEI) across Africa have undergone a notable transformation between 2024 and 2025, reflecting shifting investor priorities, macroeconomic resilience, and the continent’s growing relevance to global industrial and energy supply chains. The United Nations Conference on Trade and Development (UNCTAD) and other 2025 provisional data sources show that

President Recep Tayyip Erdoğan and British Prime Minister Keir Starmer attend a ceremony where they signed an agreement for Eurofighter jets, Ankara, Oct. 27, 2025. DHA Photo By Daily Sabah Turkey and Britain have signed an 8-billion-pound ($10.7 billion) deal for the purchase of 20 Eurofighter Typhoon jets, further boosting bilateral defense cooperation between the

By Anadolu Agency The US and China Saturday kicked off their economic and trade talks in the Malaysian capital of Kuala Lumpur, according to the Chinese state-run Xinhua news agency. Chinese delegation led by Vice Premier He Lifeng, and the US, headed by Treasury Secretary Scott Bessent, will “consult on important issues in China-US economic

By The African Exponent Export value has become one of the clearest indicators of Africa’s economic trajectory in 2025. Across the continent, countries are strengthening trade performance through infrastructure upgrades, modernized customs systems, and fiscal measures aimed at currency stabilization. To ensure an accurate ranking, all export values have been converted to US dollars based

Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s development agenda, a senior government official said Tuesday, according to Xinhua News Agency reported. Ramathan Ggoobi, permanent secretary and secretary to the Treasury at the Ministry