U.S. President Donald Trump and Saudi Crown Prince and Prime Minister Mohammed Bin Salman shake hands during a Memorandum of Understanding (MOU) signing ceremony at the Royal Court in Riyadh, Saudi Arabia, May 13, 2025. Photographer Brian Snyder By Reuters U.S. President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to

A general view of Whitstable Heights a new housing development, as the UK government aims to build 1.5 million new homes, in Whitstable, Britain, September 11, 2024. Photographer Chris J. Ratcliffe/File Photo By Reuters British house prices fell by 0.6% in April, a sharper fall than forecast and their biggest monthly decline in more than

People queue for food in the financial district of Canary Wharf as it was announced that British consumer price inflation hit an annual rate of 9.0% in April in London, Britain, May 18, 2022. Photographer Kevin Coombs/File Photo By Reuters Confidence among people in Britain about the economy over the next 12 months has fallen

Africa’s largest asset manager, PIC oversees South Africa’s Government Employees Pension Fund. Photo Credit: Daily Nation By The African Exponent Africa’s investment landscape in 2025 showcases a dynamic blend of established institutions and emerging firms, reflecting the continent’s economic growth and diversification. In 2025, Africa’s wealth management market is projected to reach US$843.61 billion in

By Reuters Oil prices climbed on Tuesday as investors took advantage of the previous day’s losses to cover short positions, although concerns persisted over economic headwinds from tariffs and U.S. monetary policy that could dampen fuel demand. Brent crude futures rose 42 cents, or 0.6%, to $66.68 a barrel at 0620 GMT. The U.S. West

Skyscrapers of the City of London financial district and St Paul’s Cathedral are seen behind a bus crossing Waterloo Bridge in London, Britain, March 28, 2025. Photographer Toby Melville/File Photo By Reuters Britain’s biggest companies adopted their most defensive stance since early 2020 in the run-up U.S. President Donald Trump’s April 2 tariff announcements and

New vehicles are on display at a Ford dealership in Vancouver, British Columbia, Canada, on April 3, 2025. Photographer by Liang Sen By Xinhua News Agency Ford CEO Jim Farley warned at a recent investor conference in New York that levying steep tariffs on imported goods “would blow a hole in the U.S. industry that

People walk dogs on a playing field near the British Steel works in Scunthorpe, northern England, Britain, March 31, 2025. Photographer Dominic Lipinski/File Photo By Reuters Britain moved to take control of British Steel and keep its blast furnaces open on Saturday, as a minister told an emergency parliamentary session that a full nationalisation of

The crude oil tanker Pink Stars is moored to a single point mooring (SPM) at the Caspian Pipeline Consortium’s Marine Terminal in Yuzhnaya Ozereevka near the Black Sea port of Novorossiysk, Russia, October 16, 2019. Caspian Pipeline Consortium/Handout via Reuters/File Photo By Reuters Oil prices retreated on Thursday as U.S. President Donald Trump ramped up

By Anadolu Agency Global markets reeled on Wednesday under intense selling pressure, with the Volatility Index (VIX) — often dubbed the “fear index” — surging to its highest level in five years, while gold prices jumped over 2% as investors rushed to safe havens. The turmoil followed heightened fears of a global recession, triggered by