Bloomberg Ghana’s government directed Eni SpA to start talks on combining its deposit at an offshore field with a neighbouring explorer, according to a letter seen by Bloomberg. The Italian major, which operates the Sankofa Oil and Gas fields in a venture with Vitol Holding, has 120 days to conclude a draft so-called unitisation and operating agreement with Springfield Exploration ...

If you’ve been paying attention to the economic news over the past couple of decades — we’re talking here about long-term trends, not cyclical shifts — you know that one of the great disappointments is the lackluster performance of productivity. You’ll recall that productivity is economists’ jargon for what most people call efficiency. Productivity gains are the ultimate source of ...

The e-commerce rebels are making their advance. Last October, Shopify Inc CEO Tobi Lutke said his company’s goal was to “arm the rebels” against the Amazon.com Inc empire. Since then, the mantra has become a rallying cry for Shopify’s employees and the merchant customers that use its e-commerce store software. And now, the business turmoil sparked by the Covid-19 pandemic ...