Category: Semafor

Germany’s cabinet approved new rules for its spies Wednesday to lift World War II-era restrictions on offensive cyber operations, sabotage, and espionage. The changes augur a “revolution” in Berlin’s intelligence infrastructure, the German interior minister said, fueled by a growing perception across Europe that the threat of Russian sabotage and ...

Cloud provider CoreWeave’s stock surged 19% Wednesday, as it joined a parade of firms providing critical AI infrastructure for hyperscalers reporting record demand. Taiwanese electronics maker Foxconn also beat forecasts, with cloud and networking services accounting for more than half of its revenue for the first time. The race to ...

A new African sovereign bond exchange-traded fund has launched with up to $250 million in commitments. Its backers are betting it can help unlock a much bigger market for African sovereign debt and help reduce borrowing costs. Managed by Legal & General, the ETF tracks an African sovereign bond index ...

David’s view Over the last few days, as Francesca Hong’s Wisconsin gubernatorial campaign came undone over a tweet condemning the colonialist origins of Thanksgiving, I flashed back to September and a debate between two Democratic strategists. On one side of the Persuasion 2025 stage was Sarah Longwell, a former Republican ...

Nigeria is rolling out tax incentives to attract as much as $50 billion in oil and gas investment as it seeks to rekindle international interest in offshore projects. Africa’s largest oil and gas producer is pushing to revive hydrocarbon exploration in deepwater reserves at a time when global oil companies ...

The Ebola outbreak that has killed more than 2,000 people began three months before it was officially declared in mid-May, the World Health Organization said, raising the likelihood that its true scale is far larger than previously thought. The outbreak, centered in eastern DR Congo, is caused by the rare ...

The African Growth and Opportunity Act, the US-Africa trade preference pact, is on the path for a two-year renewal after the Senate passed a government funding bill over the weekend that included an extension for the program. But there’s no guarantee that the bill will pass the House of Representatives, ...

Houthi militants attacked a cargo ship in the Red Sea, killing six, the first deadly strike in the Bab el-Mandeb strait in a year. The Iran-backed group announced a blockade of the waterway last month, a fresh challenge for oil shippers with the Strait of Hormuz restricted by Iran. Just ...

Ukraine reportedly halted attacks on a Russian port after a request from US Vice President JD Vance. Kyiv’s repeated strikes on tankers in Novorossiysk had alarmed Washington, which feared they would further destabilize already strained oil markets and hurt US oil majors, the Financial Times reported. The port is a ...

Deutsche Bank has become the first non-Chinese bank allowed to settle yuan transactions in Europe, a major step in Beijing’s ambitions to dislodge the supremacy of the US dollar. China has made increasing the use of the yuan in international transactions a key priority of its latest five-year plan, including ...