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Aliko Dangote to Build Nigeria Seaport in Next Growth Phase for His Empire

Africa’s richest person has applied to begin work on a seaport near his fertilizer and oil refinery plants to make it easier to export goods — including liquefied natural gas — and support the rapid g

- Bloomberg News News | 1 day ago

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Zimbabwe’s Top Diamond Miner Cuts 400 Jobs as Prices Slump

Zimbabwe’s biggest diamond miner is cutting 400 jobs, weighed down by a global downturn in the market for natural gems, a company representative said by phone.

- Bloomberg News News | 1 day ago

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Germany’s 30-Year Borrowing Costs Climb to Highest Since 2023

Germany’s 30-year bond yields climbed to the highest since 2023 as concerns over tariffs and extra government spending led investors to sell long-end debt.

- Bloomberg News News | 1 day ago

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Jaishankar Sees Progress in China Ties on First Visit Since 2020

India’s foreign minister said ties with Beijing have been stabilizing in recent months, as he visits China for the first time since the deadly border clashes between the two Asian neighbors in 2020.

- Bloomberg News News | 1 day ago

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Sovereign Wealth Funds Fear Missing China Tech Boom, Survey Says

Global sovereign wealth investors managing $27 trillion in assets are increasingly bullish on China’s tech sector because they don’t want to miss out on the next waves of innovation, according to an a

- Bloomberg News News | 1 day ago

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Sovereign Wealth Funds Warming Up to China Again, Invesco Says

There has been a resurgence of interest in China by sovereign wealth funds, with most now expecting to allocate more money to ride the country’s tech-fueled rebound, according to Invesco Ltd.

- Bloomberg News News | 1 day ago

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Astra Says Potential Blockbuster Reduced High Blood Pressure

AstraZeneca Plc’s experimental hypertension drug Baxdrostat reduced the blood pressure of patients who have an uncontrolled or treatment-resistant form of the condition, boosting the prospects of the

- Bloomberg News News | 1 day ago

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European Gas Hovers Near Two-Week High as Asia Attracts Cargoes

European natural gas futures hovered near a two-week high, with traders watching demand from key buyers in Asia where extreme heat is boosting cooling needs.

- Bloomberg News News | 1 day ago

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Australia’s Leader Walks Fine Line Between Xi and Trump in China

Australian Prime Minister Anthony Albanese traveled to China determined to focus on trade and jobs, but navigating the tensions between the US and China, particularly over security flashpoints like Ta

- Bloomberg News News | 1 day ago

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Thailand Eyes Middle East Market to Make Up for Chinese Tourists

Thailand aims to boost tourist arrivals and spending from the Middle East and Southeast Asia to help offset declining revenue largely caused by a drop in visitors from China.

- Bloomberg News News | 1 day ago