China’s Nio to expand battery swap services to gain an edge on EV infrastructure
BEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an…
‘Glitch’ at Ethiopia’s biggest bank sees customers withdraw millions that isn’t theirs
Ethiopia’s largest bank is struggling to recoup millions of dollars after a glitch over the weekend allowed customers to withdraw…
Nigeria battles to halt spiraling currency crisis and rising food insecurity
Nigeria is battling to contain a historic currency crisis and soaring inflation, with the International Monetary Fund on Monday warning…
Russia’s Wagner Group expands into Africa’s Sahel with a new brand
Wagner Group has been replaced by a new entity known as Russia’s Africa Corps across its key strongholds in the…
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist
The world is looking at a debt crisis that will span the next 10 years and it’s not going to…
Germany skirts recession at the end of 2023 but faces prolonged slump
Europe’s largest economy contracted by 0.3% year-on-year in 2023, as high inflation and firm interest rates bit into growth, the Federal Statistical…
Ecuador TV studio taken over live on air by masked people brandishing guns
A live broadcast by Ecuadorean television station TC was interrupted on Tuesday by armed people, with gunshots and yelling heard…
A slew of new conflicts could erupt in 2024, analysts say — while the world is watching Gaza and Ukraine
With the eyes of the world on the ongoing wars in Ukraine and Gaza, an unprecedented number of potentially “catastrophic”…
European Central Bank to focus on shrinking balance sheet as markets bet on rate cuts
FRANKFURT — The European Central Bank meets this week with investors closely monitoring to see when the Frankfurt institution might…
Biden order curbing investment to China expected next week
President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China…
