Afreximbank posts resilient half-year results
The African Export-Import Bank’s total assets and contingencies rose in the first half of 2025 by 22% year-on-year to $42.2 billion.
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TotalEnergies signs new Nigeria oil contract
The country’s state oil company NNPC awarded two offshore oil blocks to TotalEnergies, deepening the French giant’s presence in the country.
Mining giant Glencore plans South Africa job cuts
Co-owners of Glencore’s ferrochrome venture, Merafe Resources, blamed the impending job cuts on electricity supply shortages and economic challenges.
Semafor announces live journalism leadership team to accelerate World Economy platform and global expansion
Former U.S. Chamber of Commerce, Informa, Fortune and Bloomberg leaders join as Semafor’s World Economy Platform expands to five days with 400+ global CEOs and top policymakers.
Lebanon and Syria inch toward a rethink on Israel
Fragile shifts in Beirut and Damascus hint at new possibilities for regional diplomacy, with Gulf states ready to nurture the change.
US strikes alleged narcotics vessel near Venezuela, killing 11
Washington has in recent weeks moved several naval assets to Latin America in a bid to counter drug cartels.
Generic drug may extend lifespans
Rapamycin is an immune suppressant often used in organ transplant patients, but it has also been shown to extend life in animals, including flies and mice.
Russia pummels Ukraine overnight as peace talks stall
The rate of drone and missile strikes has nearly doubled since Putin’s inconclusive meeting with Trump last month.
Long-dated government bonds slump worldwide
Yields on 30-year US Treasurys neared 5%, Japan saw 20-year and 30-year yields jump, and long-maturity British, French, and German bonds all slumped.
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