Yapi Merkezi Holdings AS has signed a €2.7 billion ($2.95 billion) deal to construct a railway line in Uganda. This agreement revives a project that had previously faced financing challenges after China pulled its support.
Indonesia’s Finance Minister Sri Mulyani Indrawati, a former World Bank managing director, joined President-elect Prabowo Subianto at a cabinet selection meeting ahead of his inauguration later this week.
Bitcoin has surged to its highest level in two weeks. This comes as investors reacted to China's latest stimulus measures, leading to speculation that many will prefer cryptocurrencies over the country's stocks.
MBK Partners has successfully acquired a 5.34% stake in Korea Zinc Co., signaling a major shift in the battle for control of the world's largest zinc smelter. This development marks the start of the end of a multi-billion dollar succession feud surrounding the company.
European stocks and US futures are drifting as investors await corporate earnings reports. They're hoping these results will support their bets on a soft economic landing.
Oil prices fell after China's Finance Ministry briefing on Saturday failed to announce new measures to boost consumption. This comes as concerns loom over possible Israeli strikes on Iran, adding pressure to the market.
Boeing Co. continues to struggle as it faces a series of ongoing crises. The challenges seem to be piling up, indicating that the situation for the troubled planemaker is only getting worse.
China has urged the European Union not to negotiate prices individually with electric vehicle manufacturers. This comes after eight rounds of talks in Brussels failed to reach an agreement on proposed tariffs.
Iraq reported that it pumped less oil than its OPEC+ production quota last month. The move is part of its efforts to better comply with the group's initiative to balance global crude markets.
San Francisco is recovering from recent challenges. The city is showing signs of resurgence and positive growth, moving forward after tough times.
