China's President Xi Jinping has said his country will provide $60 billion to fund development on the African continent. Xi was speaking to African presidents on Friday at the Forum on China-Africa Cooperation in Johannesburg. Xi, who is co-chairing the Forum where several African heads of state are attending, outlined a broad ten-point development plan driven by China.

IEA consulting with governments on further oil stock releases, chief Birol says
Dollar rises as escalating Middle East tensions spur haven demand
Business leaders highlight Dubai’s resilience amid global developments
India to withdraw temporary domestic airfare caps from Monday
US allows 30-day sale of Iran oil at sea in bid to tame prices
