Saturday , 7 February 2026

Recent Posts

Mozambique gas riches near as $25b LNG plant okayed

Bloomberg Anadarko Petroleum Corp. approved a $25 billion liquefied natural gas project in Mozambique that could help transform the economy of one of the world’s poorest countries. Chief Executive Officer Al Walker signed off on what he called the biggest ever foreign investment in Africa. Anadarko sees potential for Mozambique to become one of the largest LNG suppliers in the …

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Stocks slide as 10-year yield drops back below 2 percent

Bloomberg US stocks fell while gains in Treasuries pushed the 10-year yield below 2 percent as simmering geopolitical tensions damped investor appetite for risk. Gold jumped. The S&P 500 dropped for a third-straight session, the longest since May 9, as US officials downplayed expectations of a resolution to the trade war ahead of highly-anticipated meeting between President Donald Trump and …

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Pound looks even worse than euro

Bloomberg The pound will tumble to levels not seen since 2017 against the euro as Brexit turmoil outweighs a dovish European Central Bank, according to analysts. Sterling is likely to slide towards 92 pence per euro by year-end, about 3 percent below current levels and a rate not seen in 21 months, according to JPMorgan Chase & Co. That pessimism …

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