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Business

Greece borrows for less than France and Italy

While borrowing costs in Western Europe are soaring, Greece keeps its cost of borrowing contained, for a multitude of reasons. On Monday, borrowing costs in Europe soared to new multi-year highs, with the sell-off in government bonds intensifying after a […]

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September 17, 2026
India’s Comfortable External Balances Situation even as Crude crosses US$100

The Indian Basket of crude oil crossed US$100/bbl on September 04, 2026, touching US$101.07/bbl – its highest level since May 2026 – as the conflict in West Asia intensified. As India imported 88.7% of its crude oil requirement in FY26, […]

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September 17, 2026
Copper holds near US$14,000 as new deliveries signal supply relief

Copper steadied after declining to near US$14,000 a tonne as fresh deliveries of stockpiles to exchange-tracked warehouses signalled an easing of a supply squeeze. Futures on the London Metal Exchange were little changed on Tuesday after their lowest close in […]

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September 15, 2026
UK Oil and Gas Group Says Earlier Tax Shift Could Raise £14.9 Billion

A new fiscal regime in the UK from 2027 could deliver an additional £14.9 billion, or $20 billion, to Britain’s revenues, the leading offshore industry group said in its annual Economic Report, calling on the Burnham government to bring forward […]

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September 15, 2026
BRICS finance chiefs urge reform of global development financial institutions

Finance ministers and central bank governors of BRICS countries have called for reform of global developmental financial institutions such as the International Monetary Fund and World Bank, seeking a stronger voice for emerging market economies. “With the growing share of […]

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September 14, 2026
India’s LOHUM ships first ore from Zimbabwe lithium deposits valued at $7bn

Indian critical minerals producer LOHUM has dispatched its first tranche of lithium ore from newly acquired mining blocks in Zimbabwe’s Matabeleland South province, marking the start of production at its first mining operation outside India. Reuters and the Press Trust of India reported […]

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September 11, 2026
Africa’s biggest refinery discloses 14 pending cases, with nine involving $219.20 million in claims before record IPO

According to pages 160 and 161 of the refinery’s prospectus reviewed by Business Insider Africa, the litigation schedule was last updated on 26 August 2026. Nine of the 14 pending cases met the company’s materiality threshold of N100 million. The nine […]

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September 11, 2026
Lobito Corridor could double cargo to 800,000 tons after $300 million boost as US pushes for Africa’s critical minerals

The railway operator received about $300 million in June and is using the funds to expand capacity, buy new wagons and containers, repair sections of the railway and improve coordination between Angola and the Democratic Republic of Congo, CEO Nicolas […]

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September 11, 2026
TotalEnergies to Bring New Angola Discovery Online in Just Three Months

TotalEnergies has made a new discovery offshore Angola and has bought operated interest in two new exploration blocks close to operating hubs as the international majors are returning to exploration in Angola’s waters to take advantage of existing infrastructure. TotalEnergies […]

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September 10, 2026
Indonesia to shift controlling stakeholder of China-funded railway next week

Indonesia’s finance minister said on Tuesday the country’s sovereign wealth fund INA, or an agency under his ministry, would next week take ​control of the company that operates a $7.3 billion, China-funded high-speed ‌railway. Indonesia’s first bullet train, covering 142 […]

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September 10, 2026
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