Investors in financial products issued by China's largest real estate group, Evergrande, are forcibly demanding on Tuesday the return of their investments ahead of the company's Guangzhou facility. Most are afraid that their profits will be sacrificed to serve as a foundation for the real estate project. The crowd of investors, about...
The Organization of the Petroleum Exporting Countries (OPEC), Russia and allies (OPEC+) will discuss oil production policy on Tuesday with the aim of increasing supply against an increasingly worrisome backdrop of the spread of the omicron variant of covid-19. Sources close to the process indicate that OPEC+ may consolidate the idea...
The three main Wall Street indexes opened the first session of the year in the green. The optimism, which has been reigning also this Monday in Europe, comes after the main North American stock markets have closed 2021 registering the third consecutive year of gains. Although usually the New York stock market is not...
An analysis by FlightAware revealed that more than four (4) thousand flights were canceled worldwide this Sunday (02), half of which were in the United States of America (USA) alone. The FlightAware.com website said that weather conditions and outbreaks of the omicron variant of covid-19 contributed to the reduction in travel spending....
Tour operators in Niassa Special Reserve cancelled all tourist reservations for the New Year's Eve party due to the outbreaks of terrorist attacks in Mecula district. According to the governor of Niassa, Judite Massengele, who was speaking last Wednesday in Lichinga, said that tour operators in the Niassa Special Reserve have cancelled activities for...
The debt-ridden Chinese real estate group Evergrande suspended its operations on the Hong Kong Stock Exchange again this Monday without giving an explanation. Chinese media echoed a document from the local government of Danzhou, on the southern island of Hainan, which ordered Evergrande to demolish 39 buildings within ten days because the...
In a year in which retail investors have bet heavily on the financial markets, cryptocurrencies have once again taken center stage. The expectation of huge gains in short periods of time attracted many people and led bitcoin, the most popular, to appreciate by about 60%. According to an analysis made by the portal "Eco...
Gold production this year reached just over 800 kilograms, a figure considered a record in the country. The authorities believe that the value could be even higher if it were not for the restrictions introduced as part of the control of the spread of the Covid-19 pandemic. In statements to "Notícias", Castro Elias, Executive Secretary of the Management Unit...
The Confederation of Economic Associations of Mozambique (CTA), considers that at least 38 companies subcontracted by multinational Total in the gas exploration project in the north of the country have outstanding payments since the suspension of operations in March. According to an assessment made by CTA, a work that started in March, the month in which...
The African Development Bank (ADB) has approved a $47 million grant for the first phase of the development of the Special Agro-Industrial Processing Zone in the northern province of Niassa. This is a fund aimed at supporting strategies to improve agricultural productivity and agribusiness development in the province of...