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Oil Steadies as Traders Focus on US Tariffs, Red Sea Attacks

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Oil steadied as investors turned their attention to the potential fallout from US levies and an escalation of hostilities in the Red Sea.



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Funding & Business

Stuurman: Trump's Tariffs Impact Won’t Be Easily Undone

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As President Trump’s reciprocal tariff deadline looms, its impact is still unknown in Africa, as no country has finalized a trade deal with the US. Ziyanda Stuurman, Advisor at Africa Practice spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the impact of tariffs. (Source: Bloomberg)



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Stonepeak Is Said in Talks to Invest in Warburg-Backed Princeton

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Stonepeak Partners is in talks to invest in data center operator Princeton Digital Group, people familiar with the matter said, as the US infrastructure investor seeks to build up its presence in Asia Pacific.



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China’s Huayou Cobalt Sees Record Profit Boosted by Indonesia

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China’s Zhejiang Huayou Cobalt Co. Ltd expects to report record half-year earnings, as it ramps up nickel projects in Indonesia and enjoys the tailwind from rising cobalt prices.



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