The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. Photographer Chris Helgren/File Photo By Reuters Shell opens new tab will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in

Containers are being loaded onto a truck at Lekki Port in Lagos, Nigeria, on Nov. 30, 2024. Lekki Port, a commercial cooperation project constructed by China Harbour Engineering Company Ltd., stands as Nigeria’s first deep seaport and one of the largest of its kind in West Africa. Photographer Wang Guansen By Xinhua News Agency As

By Anadolu Agency Turkey’s defence and aerospace industry achieved a significant milestone in 2024, recording $7.2 billion in exports, a 29% surge from the previous year, head of the Turkish Defense Industries Secretariat said on Friday. This achievement surpasses the year’s defence export target of $6.5 billion by 11%, Haluk Gorgun announced on X platform.

A monitor displays stock market information on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. Photographer Michael Nagle By Xinhua News Agency Though a “hawkish” rate cut by the Federal Reserve recently plunged the U.S. stock markets, the overall performance of major indices

A woman walks across the road with her dog on the high street of Richmond, in London, Britain, October 11, 2024. Photographer Jaimi Joy/File photo By Reuters Britain’s economy failed to grow during the first three months of Prime Minister Keir Starmer’s new government, official figures showed on Monday, adding to signs of a slowdown

Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. Reuters Dado Ruvic/Illustration/File Photo By Reuters Sterling inched higher on Thursday as it recovered some of its steep losses suffered late on Wednesday when the U.S. Federal Reserve officials sent the dollar surging by scrubbing out two rate cuts from next

The logo of Equinor is set up at the entrance of a building at Western Europe’s largest liquefied natural gas plant Hammerfest LNG in Hammerfest, Norway, March 14, 2024. Photoghrapher Lisi Niesner/File Photo By Reuters Equinor, opens new tab has closed the planned sale of its assets in Nigeria and Azerbaijan for a total consideration

Cargo ships and containers are seen at Qingdao port in Qingdao in eastern China’s Shandong province, Dec. 4, 2024. Photo/ AFP By AFP Global trade has hit a new peak this year but faces an uncertain outlook in 2025 because of the threat of trade wars, the United Nations said on Thursday. The U.N. trade

Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. Reuters/Dado Ruvic/Illustration/File Photo By Reuters Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for cryptocurrencies as investors bet on a friendly U.S. administration to cement cryptos’ place in financial markets. The

Britain’s Chancellor of the Exchequer Rachel Reeves poses with the red budget box outside her office on Downing Street in London, Britain October 30, 2024. Photographer Maja Smiejkowska/File Photo By Reuters Britain’s biggest retailers have written to finance minister Rachel Reeves to warn her that last month’s budget will make both higher prices and job