Business

TotalEnergies Plans $10 Billion in Angola Oil Investments

TotalEnergies SE and its partners plan to invest $10 billion in Angola’s oil sector over the next five years in order to sustain production in the country.

South Africa: Another Fuel Hike On the Cards for Mzansi Drivers in October

[Scrolla] Petrol 95 is showing an expected price jump of roughly 200 cents per litre based on early September 2026 data. High global oil prices are also pushing local diesel and paraffin prices up by well over 160 cents per litre.

Intesa Investors Back Share Issue to Finance Monte Paschi Bid

Intesa Sanpaolo SpA shareholders approved the issuance of new shares to finance the €35.4 billion ($41.2 billion) takeover bid for Banca Monte dei Paschi di Siena SpA, bringing Chief Executive Officer Carlo Messina a step closer to a deal…

Trump’s coal revival push fails to reverse fuel’s long decline

Trump’s coal revival push fails to reverse fuel’s long decline

Coal-fired electricity generation falls 11% in first half of 2026 as cheaper power sources such as natural gas grow

On Europe’s economy, let’s ditch the lazy stereotypes

On Europe’s economy, let’s ditch the lazy stereotypes

Despite careful, consistent labour market reforms, the continent has not lived down to its image as work-shy

Latham & Watkins buys Nvidia servers to set up in-house AI systems

Latham & Watkins buys Nvidia servers to set up in-house AI systems

Law firm is customising open-weight models as alternative to OpenAI and Anthropic

PSP to Boost Canada Investments to C$100 Billion In a Few Years

Canada’s Public Sector Pension Investment Board plans to increase its investments in its home country by about a third to C$100 billion ($72.4 billion) over the next few years, its chief executive officer said.

Kenya: Court Certifies Urgent Case Challenging James Mworia's Appointment As National Infrastructure Fund CEO

[Capital FM] Nairobi -- The Employment and Labour Relations Court has certified as urgent a case challenging the appointment of James Mworia as the first chief executive officer of the National Infrastructure Fund, paving the way for an…

ECB expected to raise rates to fight inflation shock

ECB expected to raise rates to fight inflation shock

Renewed rise in oil price puts pressure on central bank to raise rates for second time this year

Zimbabwe: Zimbabwe Tourism Sector Records U.S.$132m Investment Surge in First Half of 2026

[New Zimbabwe] PRESIDENT Emmerson Mnangagwa has hailed surging investment in Zimbabwe's tourism sector, which rose to US$132.3 million in the first half of 2026, as he called for stronger value chains to ensure the country derives maximum…

Indonesia’s Amman Mineral Is Said to Pick Banks for $1 Billion Hong Kong Listing

PT Amman Mineral Internasional, one of Indonesia’s biggest copper and gold producers, has picked banks for a listing in Hong Kong that could raise at least $1 billion, according to people familiar with the matter.

Ankara seeks to take Saudi economic ties to ‘higher levels’

Arab News