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Wood Carver

Kenyan wood carvers count losses amid COVID-19 disruptions

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A small town located in the middle of the vast south-eastern Kenyan county of Machakos hosts one of the most reputable wood artisans in...
Trading Hall

German shares see small losses at start of trading

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German stocks were down slightly at the start of trading on Friday, with the benchmark DAX index falling just 10.15 points, or 0.08 percent,...
Libya oil blocked over Turkish deployment of troops (Photo by Oil Price)

Oil prices rebound after massive losses

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Oil prices climbed on Wednesday as the market tried to recover from considerable losses in the prior session. The West Texas Intermediate...
Gaza

Coronavirus costs Gaza economy US$200 million in losses during March

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The crisis of COVID-19 has cost the Hamas-ruled Gaza Strip's economy 200 million U.S. dollars in losses last month, a local report said Friday. ...
Libya's oil

Suspension of Libyan oil exports costs US$2 billion losses

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Libya's National Oil Corporation (NOC) on Tuesday said that the suspension of oil exports because of the closure of oil fields and ports has...
Turkish Army Pullout Will Bring Peace To Northern Syria

Turkish army has losses in Libya – Erdogan

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Turkish President Recep Tayyip Erdogan on Saturday evening said the Turkish military had "martyrs" in Libya, while Turkish-backed forces killed 100 "rival fighters" in...
petroleum revenue

Libyan oil export hiatus costs US$1.3 billion losses

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Libya's National Oil Corporation (NOC) on Tuesday said suspension of oil exports due to closure of oilfields and ports caused losses worth more than...
Tropical Cyclone Pam

Zimbabwe’s Cyclone Idai Flooding Deaths Pegged At 70 with several still Missing

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Zimbabwe is starting to count the losses as the death toll caused by Cyclone Idai-induced floods hit 70 across three provinces, while access to...
A group picture of participants with the Deputy Minister.

We must Begin to take post-harvest losses with all seriousness

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The Upper West Regional Deputy Minister, Mr Issahaku Amidu Chinnia, has impressed upon stakeholders to contribute their quota in fighting post-harvest losses to guarantee...
Africa Cup of Nations

AFCON 2019: Cameroon Lost Hosting right

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The Confederation of African Football (CAF), has stripped off Cameroon, the hosting right for the Africa Cup of Nations (AFCON) in 2019, with barely...

Ghana Gov’t Initiate Move To Own Majority Shares In ECG

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President Nana Addo Dankwa Akufo-Addo on Monday said government was amending Ghana’s Power Compact Agreement with the Millennium Challenge Corporation on the Electricity Company...

Black Market Dealings Cost Ghana $500m – Report

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The Association of Oil Marketing Companies (AOMCs) has lauded government’s effort to instilling discipline in downstream oil marketing sector and to ward off infiltrators...

Snapchat IPO: Firm Stands At $24bn Despite Losses

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Snap, owner of messaging app Snapchat, has priced its shares at $17 ahead of Thursday’s listing on the US stock market. The flotation values the...

Tax Cuts, Job Losses Expected to Dominate 2017 Budget

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Pending the budget presentation by the Finance Minister Ken Ofori Atta tomorrow, industry players and business associations have reiterated calls for the solutions to...

Twitter’s Losses Widens As Its Shares Drop

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Shares in Twitter have ended the day more than 12% lower after the company reported that its fourth-quarter losses had nearly doubled.The social networking...

Snapchat Ówner Still Worth About $25bn After Losses

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Snap, owner of the Snapchat messaging app popular with teenagers, is to sell its shares on the US stock market.The California-based tech firm, which...
Domestic airlines

Domestic Airlines Suffers Due to Harmattan

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Domestic Airlines are counting their losses following the harsh harmattan weather which led to them cancelling majority of their flights at the latter part...
Sentinel-1a will play an important role in responding to natural disasters

Natural disasters cause losses in Vietnam in 2016

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Natural disasters killed 248 people, injured 470 others and caused property losses of nearly 18,300 billion Vietnamese dong (820.6 million U.S. dollars) in 2016,...
gold

Gold Sees Little Difference As Dollar Hold Losses

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Gold steadied early Tuesday after rising 0.9 percent in the previous session, as the U.S. dollar held on to losses after bond yields came...
Oil

Oil recoils after big losses but surplus persists

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Oil prices rallied from sharp losses on Thursday but brokers said the downtrend could resume soon as record-high stocks and worries over slowing economic...

Gold Harbors Losses Following Fed Reserve Speculated Raise in Rates

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Gold nursed losses on Monday, after a strong U.S. jobs report triggered speculation that the Federal Reserve could raise interest rates sooner than expected. FUNDAMENTALS *...

ADB Says Pakistan Economic Prospect Looks Positive

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The Asian Development Outlook 2016 (ADO), released on Thursday, forecast growth of 4.5 percent for FY 2016 and 4.8 percent in FY2017. In FY2015,...
oil

Low Oil Prices forces American based companies to cut jobs after quarterly loss

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Apache, a U.S. oil and gas corporation, recorded a net loss of 7.2 billion U.S. dollars for the fourth quarter as it took 5.9...

Africa urged to mobilize domestic resources to implement development agenda

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This is the key message in a 2015 Africa Capacity Report launched Monday in Harare by the African Capacity Building Foundation (ACBF), a non-profit...
Daniel Scioli (L), presidential candidate of the ruling Front for the Victory, and Cambiemos Mauricio Macri, presidential candidate of the opposition front, attend the presidential debate "Argentina Debate" in Buenos Aires, capital of Argentina, Nov. 15, 2015. Argentina will hold presidential election on Nov. 22. (Xinhua/Martin Zabala) (da) (ah)

Argentina’s Daniel Scioli losses in presidential race

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"The Argentine people ... have elected a new president, Mauricio Macri, who I have just congratulated by telephone and wish him the greatest...
Ibrahim Tanko

Ibrahim Tanko and Volker Finke out of job

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Ibrahim Tanko Ex-Ghana international Ibrahim Tanko has lost his job as assistant coach of Cameroon together with his boss Volker Finke. This was after the Executive...

Money Bag Floyd Mayweather Lost Three to Fire

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Floyd Mayweather is has been reported to have lost 4 expensive luxurious cars when the trailer transporting the cars caught fire. According to TMZ trailer...

After huge losses Germany?s Benchmark bounces back

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The benchmark DAX index at Frankfurt Stock Exchange on Tuesday rebounded and advanced by nearly 5 percent after it lost nearly 500 points on...

Mumias Sugar Rakes In More Loses After Shares Sink 48 Per Cent

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The continued fall in the company?s share price, which traded at an introductory price of Sh49.50 during its second initial public offering (IPO) in...

Fall in tourism pushes TPS Serena into huge losses

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Militant group Al Shabaab has staged a series of attacks in Kenya over the past two years, including the raid on a university in...