The US military carried out a strike on a terrorist vessel in the Caribbean, killing three, as part of a wider campaign that destroyed 18 boats and killed 70.
The Nigerian currency, the naira, has emerged among Africa's best-performing currencies, ranking high in a newly released report for October 2025.
Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite multi-billion dollars of US support for the under-pressure currency. With the government of President Javier Milei under pressure, the peso opened at 1,465 to the dollar Friday morning, having closed at 1,430 the day before.
For clues as to why Argentina's President Javier Milei faces a potential drubbing in next week's mid-terms, look no further than San Andres de Giles, a farming town set amid wheat fields two hours from Buenos Aires.
A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. Futures traders currently see a 100 percent chance that the Fed will cut interest rates by a total of at least 50 basis points over its two remaining meetings this year, according to data from CME Group.
An international vote to formally approve cutting maritime emissions was delayed by a year Friday, in a victory for the United States which opposes the carbon-cutting plan. But a vote due Friday on whether to formally approve the deal was delayed until next year after US President Donald Trump threatened sanctions against countries backing the plan.
US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.
The Central Bank of Nigeria (CBN) has announced that foreign exchange turnover in Nigeria has risen to $8.6bn, driven by robust remittance reforms.
Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak Andic remains open following reports his son has become a suspect. Spanish media said police also cited the testimony of Isak Andic's partner, professional golfer Estefania Knuth, who described strained relations between father and son.
The Nigerian currency finally rebounded in the official foreign exchange market as dollar demand reduced and Nigeria's FX reserves rose to a five-year high.
The ex-head of British supercar brand McLaren could take over as Porsche CEO, said the German sports car maker Friday, which is struggling with weak demand and a troubled EV shift. Last month, the maker of the iconic 911 sports car also hit the brakes on its shift to electric vehicles, saying demand had moved more slowly than expected.
Economy
Load more