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23.10.2025 10:26
Oil Surges as Trump Sanctions Russia’s Biggest Producers Oil surged after the US blacklisted Russia’s state-run producers Rosneft PJSC and Lukoil PJSC, citing Moscow’s lack of commitment to peace in Ukraine. The sanctions mark a U-turn for President Donald Trump, who only days ago had announced he would meet counterpart Vladimir Putin in the coming weeks and said repeatedly he believed Russia wanted to end the war. Bloomberg’s Stuart Livingston-Wallace reports.

23.10.2025 11:10
Gitau: DeepSeek’s Simplicity Optimal for Africa Chinese firms such as Huawei are courting African startups and innovation hubs to pick affordable open-source AI models such as DeepSeek over OpenAI. The goal is to make large language models more accessible to the continent. Shikoh Gitau, CEO of Qhala spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East & Africa on their reasoning for picking DeepSeek. (Source: Bloomberg)

23.10.2025 11:55
Dollar Rises as Oil Prices Rally, Yen Falls The dollar rose as oil prices rallied after the U.S. announced sanctions targeting Russian companies. The yen weakened as investors bet on looser fiscal and monetary policy. ...

23.10.2025 13:23
Euro Could Remain Range Bound For Now The euro fell and was likely to remain range-bound against the dollar Thursday, tracking broader risk sentiment in the absence of any major economic data, Monex Europe said. ...

23.10.2025 17:03

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