Finance

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Botswana’s economy seen shrinking almost 1% in 2025 due to diamond sector woes

Key diamond sector continues to struggle

Japan holds economic view steady in monthly report

The Japanese government revised down its view on public investment but largely kept its overall outlook on the economy intact in a monthly report published on Friday

Maersk completes first Red Sea voyage in nearly two years

Danish shipping company Maersk announced on Friday that one of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait for the first time in nearly two years, though it currently has no plans to fully reopen the route

Coty cashes out of Wella in $750 million deal with KKR

Beauty company Coty said on Friday it sold its remaining 25.8% stake in hair care brand Wella to KKR for $750 million, while retaining rights to a share of any future sale or initial public offering proceeds