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Brazil’s retail sales fell 0.1% in January, marking the third consecutive monthly decline, attributed to tight financial conditions. January recorded a yearly growth of 3.1% in retail sales, outpacing expectations. …
Brazil’s Retail Sales Experience Decline for Third Consecutive Month in January Read More
Guyana has officially canceled the Frontera-CGX joint venture’s oil prospecting license for the Corentyne block, solidifying Exxon’s dominance in the region. This follows an earlier warning and reflects Exxon’s ongoing …
Guyana Cancels Frontera-CGX Joint Venture License, Solidifying Exxon’s Dominance Read More
Brazil achieved a nominal budget surplus of BRL 63.7 billion in January 2025, surpassing expectations and increasing significantly from the previous year. This marks the first surplus in a year …
Brazil Achieves Larger Than Expected Budget Surplus in January 2025 Read More
Mozambique’s dollar bond rose over 2 cents after the U.S. approved a $5 billion loan for a crucial LNG project. The bond, maturing in 2031, reflects the financial health potential …
Mozambique’s Dollar Bond Surges Following U.S. Approval of LNG Loan Read More
Mozambique’s dollar bond gained nearly 2 cents after the U.S. approved a $5 billion loan for a liquefied natural gas project. The 2031 bond bid rose to 80.94 cents on …
Mozambique’s Dollar Bond Increases After U.S. Approves $5 Billion LNG Loan Read More
Dr. Cassiel Ato Baah Forson, Ghana’s Finance Minister, expressed concern over the increasing financial losses of State-Owned Enterprises (SOEs). Key companies such as ECG and Ghana Cocoa Board reported significant …
Ghana’s State-Owned Enterprises Face Significant Financial Losses Read More
Asia confronts a pivotal choice following the US’s exit from climate finance and falling fossil fuel prices, which could sabotage its clean-energy ambitions. With shifting oil prices and the potential …
Asia’s Urgent Need for New Renewable Energy Partners Post US Withdrawal Read More
France’s Orano Mining has entered a trilateral agreement with Uzbekistan’s Navoiuran and Japan’s ITOCHU to develop the Jongeldy uranium deposit. This collaboration, transcending geopolitical challenges following Orano’s loss of Niger’s …
Orano Mining’s Strategic Shift to Uzbekistan Amid Niger Asset Loss Read More
France’s Orano Mining has partnered with Uzbekistan’s Navoiuran and Japan’s ITOCHU to initiate uranium extraction at the Jongeldy deposit, following the loss of its assets in Niger. The agreement involves …
Orano Mining Shifts Strategic Focus to Uzbekistan’s Uranium Sector After Niger Asset Loss Read More
Eletrobras reported a near 25% increase in fourth-quarter net profit, reaching 1.11 billion reais ($191.4 million), alongside an announcement of additional dividends totaling 1.8 billion reais ($310 million) for shareholders. …
Eletrobras Reports Increased Profits and Additional Dividends for Shareholders Read More