Asian markets limped into the weekend, with energy firms still struggling after a bruising few days, while investors eye Donald Trump's revised healthcare bill hoping its success will open the way...
Mohammed bin Salman, named Saudi crown prince on Wednesday, becomes first in line to the throne as the historically conservative nation faces challenges at home and turmoil abroad. Here are three key...
The African Center for Energy Policy (ACEP) has opposed calls for Ghana to hedge its oil against global price fluctuations. According to the Executive Director of ACEP, Benjamin Boakye, the move will...
The International Monetary Fund has predicted that the African continent is expected to become the world second-fastest growing economy by 2020. With vast natural resources and short shipping lanes...
The Public Interest and Accountability Committee (PIAC) has warned that the troubles confronting Ghana’s energy sector may deepen soon if the huge debts in the sector are not settled. PIAC argues...
General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to...
General Electric on Monday announced the departure of chief executive Jeff Immelt, who had made the risky bet of refocusing the American conglomerate on its industrial roots, particularly energy....
Chad, one of the countries hardest hit by the drop in oil prices, announced that it would seek to diversify its economy for the future, but has also come to an accord with a group of foreign energy...
Kuwait's parliament Thursday passed the budget for the 2017/18 fiscal year, projecting a deficit for the third year in a row due to a slump in oil prices. The deficit is projected to be $21.6 billion...
The pound climbed Wednesday on the eve of the British general election, while oil prices fell hard after a US inventory report suggested weak demand in the world's biggest economy. Global equity...
US President Donald Trump has called the king of Saudi Arabia to urge Gulf unity amid an escalating dispute over Qatar's alleged support for militants. "His message was that we need unity in the...
Global stocks rallied Friday, with US and German markets hitting records after a lackluster US jobs report raised expectations the Federal Reserve could take a more gradual approach to increasing...
Its vaunted air force destroyed, its army humbled -- the Six-Day War of 1967 dealt Egypt a shock it has yet to overcome and spelled the end of its pan-Arab hopes for regional dominance. The war,...
President Donald Trump may be dragging out his decision on whether to ditch the Paris climate agreement, but major American corporations have not waited for a government signal to start cutting their...
Saudi Aramco is to build the region's biggest shipyard in a $5.2 billion joint venture with South Korea's Hyundai Heavy Industries and others, the partners said on Wednesday. The yard, to be...
Russian President Vladimir Putin on Tuesday discussed cooperation on oil and the conflict in Syria with powerful Saudi Deputy Crown Prince Mohammed bin Salman at a meeting in the Kremlin. Oil...
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by Oil Producing and Export Countries (OPEC) including Russia to cut...
Some Economists have ruled out any significant impact on Ghana’s economy following the declining global oil prices. The decision by Oil Producing and Export Countries (OPEC) including Russia to cut...
The price of oil has plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a further nine months. Meeting in Vienna, energy ministers from both Opec and non-Opec...
The World Health Organization should expand its donor base to better withstand the "shock" from planned deep budget cuts in Washington, Tedros Adhanom, the newly elected agency head, said Wednesday....
