UK productivity may be stronger than official figures show, study says
Resolution Foundation analysis says alternative labour-market data point to improving UK worker productivity in recent years.
Section front
Business
Latest reporting, briefings and public-interest updates from the business desk.
More from Business
Story river
Ethiopia Reported Interested in Stake in Planned Dangote East Africa Refinery
Ethiopia is reported to be among East African countries interested in a proposed government equity stake in Dangote Group’s planned refinery in Kenya, though no final commitment has been announced.
Ethiopian Sugar Industry Group cuts annual loss as stalled projects weigh on finances
The state-owned sugar group reported a 5.4 billion birr comprehensive loss for 2023/24, down from 10.3 billion birr, while auditors flagged suspended projects and accounting weaknesses.
Official creditors clear Ethiopia’s revised Eurobond restructuring terms
Ethiopia’s official creditor committee has found the country’s revised agreement with private bondholders consistent with the G20 Common Framework, clearing a major obstacle to restructuring its $1 billion Eurobond.
Canada vows matching tariffs after U.S. trade talks collapse
Canada said it would match new 50% U.S. tariffs dollar for dollar after extended negotiations failed, escalating a trade dispute between the two closely linked economies.
Panama Canal to Cut Daily Ship Transits as Drought Deepens
The Panama Canal will reduce daily vessel transits in September as weak rainfall lowers the lakes that supply the waterway, with further restrictions possible.
Ethiopia Seeks to Expand Banana Exports
Ethiopia’s Ministry of Agriculture says the country is working to improve banana quality, productivity and market access as it seeks to grow exports.
Zijin Gold takes 9.2% stake in Allied Gold, gaining exposure to Ethiopia’s Kurmuk project
Zijin Gold International has acquired a 9.2% stake in Allied Gold, giving it indirect exposure to the Kurmuk gold project in Ethiopia’s Benishangul-Gumuz region.