High-rise apartments under construction can be seen in the distance behind a row of residential housing in south London, Britain, August 6, 2021. Reuters/Henry Nicholls By Reuters House prices in Britain fell the first time in more than a year in July in monthly terms and the market is likely to weaken further as interest

By Reuters It’s been a good month for bitcoin – and we haven’t said that for a while. After months of freefall, it jumped more than 17% in July, its best performance since October. Ether rose 57%, its strongest monthly gain since January 2021. The rally was in step with gains of riskier assets such

This photo supplied by Lucapa Diamond Company on Wednesday, July 27, 2022, shows the 170 carat pink diamond, right, recovered from Lulo, Angola. A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found in 300 years. Called the “Lulo Rose,” the diamond was

A employee arranges produce inside a Sainsbury’s supermarket in Richmond, west London, Britain, June 27, 2022. Picture taken June 27, 2022. Reuters/Henry Nicholls/File Photo By Reuters The British public’s expectations for inflation fell again in July, a survey showed on Monday, potentially adding to the case for the Bank of England (BoE) to increase interest

By Business Daily Africa Nine in 10 companies operating in Kenya did not pay taxes in the year to June, pointing to widespread avoidance that leaves a few firms to shoulder the burden of funding the government. Data from the Kenya Revenue Authority (KRA) shows a modest 84,428 out of the 759,164 firms registered for

Venezuela’s President Nicolas Maduro Reuters/Leonardo Fernandez Viloria By Reuters London’s High Court has rejected President Nicolas Maduro’s latest efforts to gain control of more than $1 billion of Venezuela’s gold reserves stored in the Bank of England’s underground vaults in London. The court ruled on Friday that previous decisions by the Maduro-backed Venezuelan Supreme Court,

IHS Markit By Ida Hockerfelt Amid higher global oil prices and a sharpening focus on new oil and gas supply sources to offset dependence on Russia, East African frontier Somalia has a renewed opportunity to attract foreign investors to its upstream hydrocarbon sector. However, in light of limited exploration success to date, the acute governance,

By Reuters Licensing rights for 30 oil and gas blocks in the Democratic Republic of Congo went up for auction on Thursday, opening parts of the world’s second-biggest rainforest to drilling that could release large amounts of carbon into the atmosphere, jeopardising climate goals to tame global warming. President Felix Tshisekedi presided over the launch

By The Associated Press The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported Thursday in the gross domestic product — the broadest gauge of the economy —

By Reuters Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law Commission proposed on Thursday. Authorities around the world are taking steps to regulate the crypto asset sector, which has grown rapidly and been