ACCRA: Ghana will increase the state-guaranteed price paid to its cocoa farmers by nearly 45 percent for the 2024/25 crop season, two sources with knowledge of the price review told Reuters, to help boost their incomes and deter bean smuggling out of the country.

BEIJING: South African President Cyril Ramaphosa told China’s Xi Jinping on Monday he wanted to narrow his country’s trade deficit with Beijing, days before the Chinese leader is due to urge a summit of 50 African nations to buy more Chinese goods.

BENGHAZI: Oil exports at major Libyan ports were halted on Monday and production curtailed across the country, six engineers told Reuters, amid a standoff between rival political factions over control of the central bank and oil revenue.

ISTANBUL, Sept 2 (KUNA) -- Tأ¼rkiye achieved a record-breaking level of exports for August, reaching USD 22.1 billion, a 2.4 percent increase compared to the same month last year, Omer Bolat, the Turkish trade minister announced on Monday.

KUWAIT: Consumer confidence in the United States climbed to 103.3 in August according to the Conference Board index, surpassing both expectations and the previous reading.

NEW YORK: A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data and the Federal Reserve’s expected rate cuts in September.

FRANKFURT/TALLINN: Inflation in the eurozone fell to its lowest level in three years in August, setting the stage for a further cut in the European Central Bank’s interest rates next month despite an Olympics-driven surge in the price of services.

BRUSSELS: With less than three months until this year’s COP29 UN climate negotiations, countries remain far from agreement on the summit’s biggest task: to agree a new funding target to help developing countries cope with climate change.

BEIJING: African leaders descend on China’s capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent.