Markets plunge worldwide after ‘Big Short’ investor Michael Burry reveals $1.1 billion bet against AI stocks.
Nasdaq 100 futures were pointing downward, premarket, after the index lost 2% yesterday in a massive, global selloff of tech stocks. The […]
Portugal’s EDP to invest $14 billion in 2026-28, focuses on U.S. growth.
Portugal’s largest utility, EDP, plans to invest 12 billion euros ($13.99 billion) between 2026 and 2028, mainly to expand its renewable capacity […]
SM Energy, Civitas Resources Announce $12.8 Billion Merger
SM Energy and Civitas Resources announced an all-stock merger valued at about $2.8 billion in equity, or $12.8 billion including debt, creating […]
Construction of Africa’s biggest LNG export hub faces setback as oil giants, Exxon halts interest.
Plans for Africa’s biggest $30-billion liquefied natural gas (LNG) export hub in Mozambique have been thrown into uncertainty after Exxon canceled a […]
Canada to unveil billions in mining deals at G7 energy summit.
Canadian Prime Minister Mark Carney said his government will soon announce more than 20 investments in critical minerals projects, with a total […]
Shell to expand Angola footprint with exclusive oil block deal.
Angola’s National Oil, Gas and Biofuels Agency (ANPG) will sign an exclusive negotiation agreement with oil major Shell to explore and develop […]
BlackRock Sees Investors Shift to Gold and Crypto Amid Global Uncertainty
During the Future Investment Initiative (FII) conference in Riyadh, BlackRock CEO Larry Fink said investors have turned to gold and cryptocurrencies as a […]
Chinese firms invested over $1.3billion in Nigeria’s lithium sector – Alake.
The Minister of Solid Minerals Development, Dr. Dele Alake, says Chinese companies have invested over $1.3 billion in Nigeria’s lithium processing sector […]
US and China interest in Kenya’s $62 billion rare earth site sparks local concern.
Kenya has become the latest focal point in the global contest for critical minerals, with Mrima Hill on the country’s southern coast […]
Dangote announces plan to expand refinery capacity to 1.4 million b/d, set to become world’s largest .
Aliko Dangote has announced plans to double the capacity of his $20 billion oil refinery in Lagos to 1.4 million barrels per […]
Asian shares rise after White House confirms plans for Trump to meet with Chinese leader Xi.
Asian shares were mostly higher Friday after the White House confirmed plans for President Donald Trump to meet with Chinese leader Xi […]
Coca-Cola faces $1 billion hit from Africa bottling sale.
Coca-Cola Co. expects to book an impairment charge of about $1 billion in the fourth quarter of 2025 as it prepares to […]