Tuesday , 10 February 2026

Recent Posts

$11b green-energy initiative taking shape in South Africa

Bloomberg A plan to establish the world’s largest green-energy financing initiative is being threshed out in South Africa, which needs to reduce its environmental footprint and find innovative ways to fund debt-stricken state power utility Eskom Holdings SOC Ltd. The plan being formulated by Meridian Economics, a Cape Town-based think tank, is under consideration by the government. It envisions the …

Read More »

Lebanon’s gas stations to shut to protest dollar crunch

Bloomberg Lebanon’s gas station owners will stage a nationwide strike on Wednesday to protest the government’s failure to provide enough dollars to pay suppliers. The businesses say local banks lack hard currency they need, forcing them to buy dollars at exchange houses above the fixed rate of 1,507.5 Lebanese pounds to the greenback. The Energy Ministry prices gasoline and diesel …

Read More »

US stocks slip, Treasuries advance as oil trims gains

Bloomberg US index futures edged lower with European stocks while Treasuries continued higher as investors weighed the fallout from a drone attack on one of the world’s biggest oil facilities and the record surge in crude prices that followed. Contracts on the three main US stock indexes dipped after fluctuating earlier. The Europe Stoxx 600 index ticked lower, led by …

Read More »