Ventures Platform, backed by the World Bank Group’s International Finance Corp., raised $84 million to expand its financing for startups across the continent.
Valterra Platinum Ltd. shares surged after the platinum-group metals miner hiked its interim dividend almost 29-fold with a payout that beat analyst expectations.
Big tech stocks could turn more attractive in the artificial intelligence trade as chipmakers show continued volatility, according to Goldman Sachs Group Inc. strategist Christian Mueller-Glissmann.
European equities may struggle to keep pace with US and emerging market peers in the second half of the year as falling oil prices threaten a key source of earnings growth, according to Nataliia Lipikhina at JPMorgan Chase & Co.
The Federal Reserve could well raise interest rates if it’s serious about getting inflation back down to its 2% target, according to veteran market strategist Ed Yardeni.
Kevin Warsh on June 17. Photographer: Al Drago/Bloomberg
Tumbling oil prices could become a powerful impetus for equities by reigniting a broadening of the rally that was abruptly derailed by the outbreak of the Iran conflict, according to Karen Ward from JPMorgan Chase & Co.
Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17.
Europe needs to see several conditions in place, such as a broadening of capital expenditures away from artificial intelligence, before the region can sustain its equity rally, according to Bhanu Baweja, chief strategist at UBS Group AG.
The Euronext NV stock exchange in Paris. Photographer: Nathan Laine/Bloomberg
An earnings “supercycle” in the US is poised to drive stocks to more record highs, according to Nataliia Lipikhina at JPMorgan Chase & Co., fueled by heavy spending from hyperscalers and advances in agentic AI.
An earnings “supercycle” in the US is poised to drive stocks to more record highs, according to Nataliia Lipikhina at JPMorgan Chase & Co., fueled by heavy spending from hyperscalers and advances in agentic AI.
African startups are rewriting their funding playbook as the global artificial intelligence boom pulls venture capital toward the US, forcing emerging markets to compete for cash.
The central business district in Johannesburg. Photographer: Leon Sadiki/Bloomberg
European equities rose for a third day after a report of talks between the US and Iran boosted hopes that the Middle East conflict will be resolved soon.
A year ago, BP Plc shares were tumbling and stock analysts were telling clients to steer clear. Now it’s becoming a darling on the street, with buy ratings starting to pile up.
Analysts expect BAE Systems Plc’s market value to top $100 billion for the first time as the UK defense contractor benefits from increased military spending by the US and Gulf states in the aftermath of the Iran war.
The BAE Systems booth on the exhibit floor of the Association of the US Army Defense Show in Washington, DC.
South African billionaire Patrice Motsepe has been lauded for cleaning up the finances of Africa’s most powerful sports organization, but a football trophy scandal has highlighted the deep mistrust that still dogs the body.
Senegal supporters clash during the Africa Cup of Nations final between Senegal and Morocco in Rabat on Jan. 18.
South Africa’s economy expanded at the fastest pace in three years in 2025, helped by stronger output in the agriculture, trade and finance industries.
Skyscrapers and construction cranes in the central business district in Cape Town. Photographer: Dwayne Senior/Bloomberg
The surge in oil prices following the US and Israel’s war on Iran will improve the current account balance of just three sub-Saharan African economies, while most others will suffer, according to Bloomberg Economics.