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By America Hernandez and Wendell Roelf CAPE TOWN/PARIS (Reuters) -Mozambique’s President Daniel Chapo met with Patrick Pouyanne, the chief executive of TotalEnergies, on Monday to discuss several of the company’s projects in the southern African country, including a long-delayed $20 billion liquefied natural gas development. Mozambique LNG, which had been slated to restart construction by …

Mozambique president discussed LNG, hydro projects with TotalEnergies’ CEO Read More »

By Nqobile Dludla JOHANNESBURG (Reuters) -South African upmarket retailer Woolworths Holdings warned of a decline of up to 27% in its first-half profit on Tuesday due to weaker-than-expected performances in its clothing businesses at home and in Australia and New Zealand. The company, which also owns food stores in South Africa, said its headline earnings …

S.Africa’s Woolworths flags lower half-year profit on weak clothing sales Read More »

JOHANNESBURG (Reuters) -Shoprite Holdings, South Africa’s biggest supermarket retailer, said on Tuesday its half-year sales from continuing operations grew by 9.6%, as both upmarket and discount customers stocked up on food during the festive season. Shoprite, with more than 2,700 stores excluding OK Franchise across 10 countries, said sales in the six-month period ended Dec. …

S.African retailer Shoprite posts half-year sales growth on festive demand Read More »

By Divya Rajagopal and Portia Crowe TORONTO (Reuters) -Mali’s government and Barrick Gold will start a new round of negotiations on Tuesday to resolve a deepening dispute over the alleged nonpayment of taxes by the Canadian miner and the seizure of its gold stocks by authorities in the country, two sources familiar with the matter …

Barrick Gold and Mali to start new negotiations on mine Tuesday Read More »

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a two-week low on Monday as news of surging interest in Chinese startup DeepSeek’s low-cost artificial intelligence (AI) model prompted concerns over energy demand to power data centers. Before the news of DeepSeek broke, oil was already trading lower on weak economic data …

Oil hits 2-week low as China’s DeepSeek AI spurs demand fears Read More »