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‘SpaceX to pursue 2026 IPO raising above $25 billion’

Elon Musk’s SpaceX is pursuing an initial public offering next year, looking to raise more than $25 billion, with a valuation over $1 trillion, a source familiar with the matter told Reuters on Tuesday

Oil steady as market watches Ukraine peace talks, Fed rate decision

Oil prices held steady on Wednesday after falling about 1% in the previous session, as investors watched for progress in Russia-Ukraine peace talks and awaited a decision on United States (US) interest rates

Ethiopia finalises framework for foreign investor participation

The Ethiopian Capital Market Authority (ECMA) has finalised the legal and regulatory framework for foreign investor participation in its capital market, with an announcement expected soon

IMF urges SA to accelerate reforms as economy shows resilience

South Africa’s (SA) economy has demonstrated unexpected resilience in the face of renewed global turbulence, according to an International Monetary Fund (IMF) team that concluded its 2025 Article IV consultation in Pretoria on Tuesday.