By Alex Lawler LONDON (Reuters) – OPEC oil output has fallen in November, led by top exporter Saudi Arabia and other Gulf members, after the wider OPEC+ alliance pledged steep output cuts to sup[...]
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Africa
REUTERS NEXT: Hunger-struck Africa needs liquidity, debt relief
By Joe Bavier JOHANNESBURG (Reuters) – African nations facing a food crisis brought on in part by the global pandemic and conflict in Ukraine need immediate liquidity support and in some cases d[...]
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OPEC+ switch to virtual meeting signals policy roll-over ahead of Russian oil price cap – sources
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar DUBAI/LONDON (Reuters) – The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, sources told Reuter[...]
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Ivory Coast completes second shipping container terminal
By Loucoumane Coulibaly ABIDJAN (Reuters) – Ivory Coast has completed construction of a second container terminal at its main port in Abidjan, paving the way for it to become a regional shipping[...]
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Airbus says reached settlement with French prosecutor on Libya, Kazakhstan bribery probe
PARIS (Reuters) – Airbus has reached a settlement with the French financial prosecutor (PNF) concerning judicial investigations related to Libya and Kazakhstan, an Airbus spokesperson said on Th[...]
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Bankers pour cold water on red hot coal
By Sarah McFarlane and Clara Denina LONDON (Reuters) – It’s the best of times, it’s the worst of times. At least when it comes to mining coal. After years of decline, demand for the[...]
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Prosus goes on cost-cutting drive, targets profit in 2 years
By Promit Mukherjee and Toby Sterling AMSTERDAM (Reuters) -Technology investor Prosus NV said on Wednesday it would launch a cost cutting drive as it seeks to turn a profit in its core businesses with[...]
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Putin promises further efforts to unblock more Russian fertiliser exports
MOSCOW (Reuters) – President Vladimir Putin said on Wednesday Russian officials would work to unblock Russian fertilisers stuck in European ports and to resume ammonia exports via a pipeline thr[...]
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IMF approves $88.3 million for Malawi under ‘food shock’ loan window
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said its executive board on Monday approved an $88.3 million disbursement to Malawi under the new “food shock window[...]
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