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Goldman, hedge funds eye uranium profits
Goldman Sachs and Macquarie, two investment banks, and some hedge funds are getting ready to profit from a rising…
India invites private sector to invest $26 bln in N. power plant
India is planning to invite private firms to invest around $26 billion in its nuclear energy sector to increase the…
Nigeria’s unemployment rate surges 5%
Nigeria’s unemployment rate rose by 5 per cent in the third quarter of 2023 due to a crisis in the cost of living…
Egypt’s c. bank offers fixed-rate deposits of EGP 150 bln
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits for a period of seven days, worth 150…
BAIC’s EV brand to launch first Huawei-backed sedan in ’24
BAIC BluePark New Energy Technology, the electric vehicle arm of Beijing Automotive Group (BAIC), is set to launch…
Euro stocks, U.S. futures drop amid caution
European stocks and U.S. equity futures drop as global markets remain cautious despite China’s measures to support…
Australia’s RBA unlikely to ease rates soon
The Reserve Bank of Australia (RBA) requires more time to ensure that inflation is decreasing before ruling out…
Uganda estimates spending UGX53.3tn on current financial year
Uganda's government estimates spending 53.3 trillion shillings ($13.74 billion) for the fiscal year that begins in…
BOK likely to keep rates unchanged
The Bank of Korea (BOK) is expected to maintain its key policy rate at 3.50 per cent on February 22, according to a…
China cuts key mortgage rate to revive market
China announced its largest ever reduction in the benchmark mortgage rate on Tuesday, in an effort to assist the…