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OECD Highlights Shallow Corporate Debt Markets in Africa, Impeding Economic Growth and Resilience

OECD Highlights Shallow Corporate Debt Markets in Africa, Impeding Economic Growth and Resilience

OECD Highlights Shallow Corporate Debt Markets in Africa, Impeding Economic Growth and Resilience
ReutersReuters
Oil up 1% as Iran official says country will keep enriched nuclear material

Oil up 1% as Iran official says country will keep enriched nuclear material

By Nicole Jao NEW YORK, Nov 11 (Reuters) - Oil prices rose about 1% on Wednesday after the Iranian security chief said Iran would not allow any enriched nuclear material to leave the country, feeding supply worries that lifted prices off two-month lows hit the previous session.
ReutersReuters
Oil falls over $1 on easing geopolitical fears and oversupply worries

Oil falls over $1 on easing geopolitical fears and oversupply worries

By Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE, Nov 12 (Reuters) - Oil prices fell more than $1 per barrel on Thursday as easing concerns over an escalation of conflict in the Middle East reduced the risk premium in crude markets, while rising OPEC+ output and growing US inventories fed worries about
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Lagos Expands Urban Rail Network with Three New Trains to Alleviate Commuter Pressure

Lagos Expands Urban Rail Network with Three New Trains to Alleviate Commuter Pressure

Lagos, Nigeria, has received three new trains for its Red Line urban rail network, comprising a total of 24 cars. Each train is designed to carry up to 2,000 passengers per trip, significantly increasing the capacity of the Oyingbo–Agbado route. These new additions are part of Lagos State's ongoing investment in its urban rail transportation system, aimed at easing the daily commuting challenges faced by the city's more than 20 million residents. The trains are scheduled to commence operations by the end of 2026, which is expected to allow for more frequent service along the Red Line corridor. The Lagos Rail Mass Transit network, which includes the Red Line (operational since 2024 with a theoretical capacity of 500,000 passengers daily) and the Blue Line (opened September 2023, with ongoing expansion to increase capacity from 175,000 to 250,000 passengers daily), continues to develop to meet growing public transportation demands.
ReutersReuters
Trump says he will hold off on fresh Iran strikes for now

Trump says he will hold off on fresh Iran strikes for now

By Steve Holland, Yomna Ehab and Alexander Cornwell WASHINGTON/CAIRO/ABU DHABI, Nov 9 (Reuters) - US President Donald Trump said on Monday he plans to hold off on new military strikes against Iran for the time being after appeals from countries in the region, including from Qatar's prime minister in
ReutersReuters
Trump says Qatar, Saudi prefer peace in Iran conflict

Trump says Qatar, Saudi prefer peace in Iran conflict

By Steve Holland, Yomna Ehab and Alexander Cornwell WASHINGTON/CAIRO/ABU DHABI, Nov 9 (Reuters) - US President Donald Trump said on Monday he plans to hold off on new military strikes against Iran for the time being after appeals from countries in the region, including from Qatar's prime minister in
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OECD Reports Strong Growth in African Capital Markets Amid Underdevelopment Concerns

OECD Reports Strong Growth in African Capital Markets Amid Underdevelopment Concerns

OECD Reports Strong Growth in African Capital Markets Amid Underdevelopment Concerns
AP NewsAP News
G7 talks in Paris try to tackle global crises with uncertainty high over the US approach

G7 talks in Paris try to tackle global crises with uncertainty high over the US approach

Foreign ministers from the Group of Seven industrialized democracies have begun two days of talks in Paris with clear differences on multiple unresolved global crises
AP NewsAP News
G7 talks in Paris to focus on unresolved global crises with questions over US approach

G7 talks in Paris to focus on unresolved global crises with questions over US approach

Foreign ministers from the Group of Seven industrialized democracies have begun two days of talks in Paris as they struggle with multiple unresolved world crises amid questions how U.S. President Donald Trump will approach foreign policy after his Republican Party’s big losses in last week’s congressional elections
ReutersReuters
Oil steadies as Hormuz attacks blunt hopes for Iran truce

Oil steadies as Hormuz attacks blunt hopes for Iran truce

By Stephanie Kelly LONDON, Nov 11 (Reuters) - Oil prices steadied on Wednesday near the previous session's two-month lows, as traders weighed hopes for a de-escalation in the US-Israeli war with Iran against concerns about continued attacks on shipping in the Strait of Hormuz.
ReutersReuters
Oil down more than $7 a barrel in post settlement trade as Trump signals restraint on Iran

Oil down more than $7 a barrel in post settlement trade as Trump signals restraint on Iran

By Georgina McCartney LONDON, Nov 9 (Reuters) - Brent crude futures continued tumbling after settlement on Monday to lose more than $7 a barrel, hitting their lowest since late August, after US President Donald Trump downplayed the likelihood of renewed strikes on Iran.
ReutersReuters
Trump to meet Iran war mediator Qatar, no imminent deal seen to end the war

Trump to meet Iran war mediator Qatar, no imminent deal seen to end the war

CAIRO/ABU DHABI, Nov 9 (Reuters) - US President Donald Trump will meet the prime minister of key mediator Qatar on Monday as efforts to end the Iran war ramp up following last week's midterm elections, though senior US and Gulf officials cast doubt on the chances of an imminent deal.