ACCRA (Reuters) – Ghana’s consumer inflation rose for the second month in a row in October, to 22.1% year on year from 21.5% in September, the statistics service said on Wednesday. Government statistician Samuel Kobina Annim told a news conference that both food and non-food inflation had quickened last month. “Three divisions – food and …
Ghana inflation rises for second month in October Read More »
By Koh Gui Qing, Lawrence White NEW YORK (Reuters) -World stocks rose and Treasury yields retreated from early highs on Tuesday as markets awaited early indications of the outcome of a knife-edge U.S. presidential election, with only currency markets showing some jitters. Overnight implied volatility options for euro/dollar spiked to the highest level since November …
Stocks rise, Treasuries dip as markets await US election outcome Read More »
By Karen Brettell and Amanda Cooper (Reuters) -The U.S. dollar fell as U.S. voters headed to the polls on Tuesday, with the results of the elections likely to decide at least the near-term fate of the greenback. Polls show a tight race between Republican presidential candidate Donald Trump and Democratic candidate Kamala Harris and the …
By Scott DiSavino NEW YORK (Reuters) -Oil prices edged up about 1% on Tuesday with a storm expected to cut U.S. output in the Gulf of Mexico and as the U.S. dollar weakened on Election Day with polls showing America’s presidential race exceptionally close. Brent crude oil futures rose 45 cents, or 0.6%, to settle …
Oil prices edge up on Gulf of Mexico storm ahead of US election results Read More »
By Camillus Eboh ABUJA (Reuters) – Nigeria’s national grid suffered a partial collapse on Tuesday, the state power transmitter said, marking the ninth incident this year to have caused power outages across the country. The Transmission Company of Nigeria (TCN) said the grid experienced a disturbance at around 1252 GMT, triggered by a series of …
Nigeria’s power grid partially collapses again, causing blackouts Read More »
JOHANNESBURG (Reuters) -South Africa’s rand edged higher on Tuesday after the release of a local purchasing managers’ index and as the United States headed to the polls to elect its next leader. At 1523 GMT, the rand traded at 17.445 against the U.S. dollar, up 0.33% from its previous close. The dollar last traded about …
South African rand firms after PMI data, markets gear up for US vote Read More »
CAPE TOWN (Reuters) – Senegal’s national oil company Petrosen expects a final investment decision (FID) on the Yakaar-Teranga gas project in 2025, its director general said on Tuesday. “Yes, our objective is to have this FID by mid-2025 if everything is going OK,” Thierno Ly said. Petrosen is partnering with Kosmos Energy to develop the …
Senegal’s Petrosen expects final investment decision on gas project in 2025 Read More »
JOHANNESBURG (Reuters) – South Africa’s private sector maintained its growth trajectory in October, bolstered by a decline in business costs and selling prices, a Purchasing Managers’ Index (PMI) survey showed on Tuesday. The S&P Global South Africa PMI recorded a reading of 50.6, slightly down from September’s 51.0, but still above the 50.0 mark that …
South Africa’s private sector growth sustained in October as costs fall, PMI shows Read More »
NAIROBI (Reuters) – Kenya’s private sector saw a modest improvement in business conditions in October, as activity levels and employment returned to growth, an S&P Global survey showed on Tuesday. The headline Purchasing Managers’ Index (PMI) rose to 50.4 in October from 49.7 in September, indicating a marginal upturn in the health of the private …
Kenya’s private sector activity returns to growth in October, PMI shows Read More »
By Koh Gui Qing and Tom Wilson NEW YORK/LONDON (Reuters) -The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, with a U.S. Federal Reserve interest-rate cut also expected later in the week. In the U.S. presidential race, Democratic candidate Kamala Harris and Republican candidate Donald Trump …
Dollar, stocks slip before tight US election; government yields drop Read More »
