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Energy buyers burned by the Strait of Hormuz are turning to Africa, and the money is following. The African Energy Chamber projects that Africa’s upstream sector will attract ~$40 billion a year through 2030, lifting the continent’s hydrocarbon output to 12.5 MMboe/d. Mozambique, Nigeria, Angola, Libya and Ivory Coast will take the largest shares of that capital, while new projects in Uganda,…
Oil holds steep losses after U.S. election fuels Iran peace hopes
Why is Goodman stock surging today?
Why is National Australia Bank stock tumbling today?
A stronger trade surplus is modestly supportive for the Australian dollar, reinforcing the currency’s link to commodity prices. With energy prices elevated by the Middle East conflict, Australia is better placed than many importers, as LNG and coal export earnings help cushion a rising fuel bill. The data are unlikely to shift Reserve Bank of Australia expectations on their own, given the…
Why is NextDC stock surging today?
U.S. stock index futures steady after midterms rally
Nigerian billionaire Aliko Dangote launched a fuel storage facility in Namibia to future-proof Southern Africa's supply.
The data offer something for both sides of the BoJ debate: historically sharp cost pressures support further tightening, while slowing hiring and weaker confidence give the cautious camp ammunition. On balance, the release is unlikely to shift December pricing materially, leaving the yen more sensitive to the BoJ minutes and oil-driven inflation signals. Firms citing inflation as a drag on…
Japan services activity expands for fifth month, PMI shows
Lindblad Expeditions director sells $8.25 million in stock
Sierra Bancorp president/CEO McPhaill sells $171,413 in shares
KeyCorp head of institutional bank Andrew Paine III sells $829,556
NAB shares slump 7% to three-week low as FY26 cash earnings miss
Accel Entertainment CEO Mark Phelan sells $300,000 in stock
Tenable Holdings director A. Brooke Seawell sells $1.49 million in stock
Republic Services EVP Bales sells $829,600 in company stock
Australian retailer David Jones enters administration and faces sale, media reports
Butane prices are surging across the world. Northwest European November butane prices have reached $1,125/t by early November, their highest level in 30 years, having exceeded even the peaks following Russia’s invasion of Ukraine. In Asia, the AFEI butane index stood at $1,180/t on November 3. US butane Belvieu prices have climbed to a 14-year high $920/t. This surge in prices reflects several…
NextDC shares surge 43% as Goodman, Digital Realty buy stake
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