Indian billionaire Gautam Adani addresses delegates during the Bengal Global Business Summit in Kolkata, India April 20, 2022. Photographer Rupak De Chowdhuri By Reuters Most Adani group shares extended their sharp falls on Monday as the Indian conglomerate’s rebuttal of a U.S. short-seller’s criticism failed to pacify investors, driving stock market losses for the companies

By Anadolu Agency Turkish Foreign Minister Mevlut Cavusoglu said Wednesday that Turkey’s request for F-16 fighter jets and Sweden and Finland’s NATO bids are “not related.” Speaking to reporters following a meeting with his US counterpart Antony Blinken, Cavusoglu said the US Congress should not portray these separate issues as related. “We say that these

Wealthy Kenyans and firms had piled up Sh922 billion in dollars by last November as they sought to preserve the value of their bank deposits amid a depreciating shilling/Shutterstock By Business Daily Africa Wealthy Kenyans and firms had piled up a record Sh922 billion in dollars by last November as they sought to preserve the

South Korean President Yoon Suk Yeol, center left, and Emirati leader Sheikh Mohammed bin Zayed Al Nahyan walk past an honor guard at Qasar Al Watan in Abu Dhabi, United Arab Emirates, Sunday, Jan. 15, 2023. Yoon received an honor guard welcome Sunday on a trip to the United Arab Emirates, where Seoul hopes to

A U.S. Air Force F-16 fighter taking part in the U.S.-led Saber Strike exercise flies over Estonia June 6, 2018. Reuters/Ints Kalnins By Reuters The Biden administration has told Congress it is preparing the potential $20 billion sale of F-16 fighter jets to Turkey, sources familiar with the matter said on Friday, sparking an immediate

A cargo train at the Naivasha Inland Container Depot in Kenya By The East African After eight years of non-execution, the Uganda government has terminated the contract of China Harbour Engineering Company (CHEC) to build the country’s first phase of standard gauge railway (SGR), a 273km line from Malaba to Kampala, The EastAfrican has learnt.

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. Reuters/Drone Base/File Photo By Reuters Oil prices fell on Wednesday as an unexpected build in crude and fuel inventories in the United States, the world’s biggest oil consumer, and economic uncertainty reignited demand

An investor looks up at electronic boards displaying stock information at the ADX Abu Dhabi Securities Exchange stock market/Reuters By Reuters Most major Gulf stock markets fell on Thursday, weighed down by concerns over an economic downturn and volatile oil prices, and hawkish U.S. Federal Reserve minutes. Oil prices fell sharply overnight on worries that

File- Flags adorn the facade of the New York Stock Exchange, Wednesday, June 16, 2021. (AP Photo/Richard Drew, File) By The Associated Press Stocks gave up an early gain and stumbled Tuesday on Wall Street’s first trading day of 2023 after closing out its worst year since 2008. The S&P 500 fell 0.9% as of

By Anadolu Agency Turkey’s exports hit an all-time high of $254.2 billion in 2022, President Recep Tayyip Erdogan announced on Monday, citing preliminary data. Despite global challenges, the figure increased by 12.9% from a year earlier, Erdogan told a news conference in Istanbul. “Our goal is to ensure that Turkey takes its place among the