Reuters Africa Business

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled higher on Tuesday after a choppy session as traders weighed the impact of Western sanctions on Russian oil flows, as well as U.S. President Donald Trump saying his administration had started interviewing for the next Federal Reserve chair.  Brent crude settled up 69 cents, or 1.07%, at …

Oil settles up 1% on Russia sanctions, interviews for next US Fed chair Read More »

By Laura Matthews (Reuters) -The dollar held modest gains against the yen after touching a fresh 9-1/2-month high on Tuesday, and edged up versus the euro as investors worried about Japan’s fiscal stance and awaited U.S. data for signals on the Federal Reserve’s next move. Data from the Cleveland Fed showed that 39,000 Americans were given advance …

Dollar clings to gains vs. yen with Japan fiscal policy, US data in focus Read More »

By America Hernandez PARIS (Reuters) -A European human rights nonprofit on Tuesday accused TotalEnergies of complicity in war crimes, torture and enforced disappearances allegedly carried out by government soldiers in Mozambique, filing a criminal complaint with the French anti-terrorism prosecutor. The French oil major, along with its project partners, recently lifted force majeure on their …

Rights group accuses TotalEnergies of war crime complicity in Mozambique Read More »

By Daphne Psaledakis, Simon Lewis and Elias Biryabarema WASHINGTON (Reuters) -About 1,000 doses of Gilead Sciences Inc’s drug lenacapavir were delivered to Zambia and Eswatini last Thursday, U.S. and company officials said, the first delivery under a U.S. scheme to supply the HIV prevention drug to countries with a high prevalence of the virus that …

First doses of HIV prevention drug lenacapavir delivered to Zambia, Eswatini Read More »

JOHANNESBURG (Reuters) -The South African rand was subdued for most of the trading session on Tuesday as investors awaited economic data due later in the week for clues on the health of Africa’s largest economy. At 1327 GMT, the rand traded at 17.1925 against the dollar, about 0.2% weaker than Monday’s close. “The ZAR lost …

South African rand subdued as traders await local economic data Read More »