U.S. allows sale of stranded Iran oil to cap fuel-price rises
The US has allowed the sale of Iranian oil and petrochemical products that have been loaded onto tan[……] Read More
Alibaba net income drops 66% as quick commerce investment rises
This comes as the tech giant’s revenue rose 2% year-on-year to US$41.4 billion.#Alibaba #net #income[……] Read More
Tencent revenue rises 13% as it ramps up agentic AI
Analysts say Tencent benefits from WeChat data and integration.#Tencent #revenue #rises #ramps #agen[……] Read More
Old Mutual earnings up 13%, dividend rises 8%
Old Mutual reported a solid set of annual results, with higher operatin[……] Read More
China’s industrial robot production rises 31%
The increase outpaced a 27% rise in the same period last year, when production was 91,088 units.#Chi[……] Read More
Oil rises as Iran seizes Hormuz gatekeeper role while Trump eyes risky naval option to reopen strait
Iran is signaling that the Strait of Hormuz isn’t totally closed and that it wields the power to cho[……] Read…
Standard Bank profit rises to record on fee growth, client gains
Standard Bank, Africa’s biggest lender by assets, reported record profi[……] Read More
Gold rises after report of oil-stockpile release to ease shock
Gold advanced after a report that the International Energy Agency is pr[……] Read More
Traders revamp Fed interest-rate cut bets as jobs dip, oil rises in Iran war
Wobbly jobs data, escalating oil prices and uncertainty over the Iran war have revamped traders’ exp[……] Read More
Gold rises as escalating conflict in Middle East stokes demand
Gold rose for a fifth day, as the escalating war in the Middle East upe[……] Read More