Latest news

United States
Aug 6, 2025 11:04 AM

Trump Administration memo urges countries not to accept plastic production caps under UN Treaty

According to memos and communications obtained by the, the United States sent letters to a few countries to urge them to reject a goal of a global...

India
Aug 6, 2025 11:03 AM

Gold drops on profit-taking, but Trump's Fed picks are in the spotlight

Gold prices dropped on Wednesday, as investors took profits after the prices reached a two-week high the previous session. Meanwhile, the market's attention shifted to the upcoming...

United States
Aug 6, 2025 11:02 AM

Markets await the outcome of Putin-Witkoff's meeting to determine the value of the Russian rouble

Markets and the Russian rouble held their breath Wednesday, as they awaited President Vladimir Putin's Kremlin meeting with U.S. Special Envoy Steve Witkoff. Witkoff had "useful" and...

United States
Aug 6, 2025 11:02 AM

Pinnacle West's quarterly profits fall due to lower demand for power from Arizona's milder weather

Pinnacle West Capital announced a 5.5% drop in its second quarter profit on Wednesday as the mild weather conditions across Arizona reduced the utility's demand for power...

South Asia
Aug 6, 2025 10:04 AM

India's BHEL reports wider quarterly loss due to weaker power demand and higher expenses

Bharat Heavy Electricals Ltd. (BHEL), a state-owned company in India, reported a larger first-quarter loss Wednesday. The decline was attributed to a lower demand for the products...

United States
Aug 6, 2025 10:03 AM

What alternatives could India consider to Russian oil?

India, which imports more than one-third of its oil from Russia, will likely turn to other suppliers in the Middle East, Africa, and elsewhere if forced to...

United States
Aug 6, 2025 9:03 AM

NRG Energy exceeds its quarterly profit expectations, signs a 295 MW power deal for data centers

NRG Energy's second-quarter profits surpassed Wall Street expectations on Wednesday. The utility benefited from a surge in power demand, and increased retail margins at its Texas unit....

South Asia
Aug 6, 2025 9:02 AM

Jindal Stainless announces that the government's antidumping investigation has been delayed due to uncertainty over US tariffs

India's Jindal Steel said that the launch by the government of an antidumping investigation into cheap stainless imports was delayed because of trade uncertainty resulting from new...

India
Aug 6, 2025 8:06 AM

Landslides, blocked roads hamper Indian flood rescue effort

Rescuers fought heavy rains and blocked roads on Wednesday in India's Himalayan State of Uttarakhand, after four people died in sudden flooding and land slides the day...

United States
Aug 6, 2025 8:04 AM

Glencore's long-term strategy could include selling Bunge stake

Glencore, a miner and trader, said that as part of its long-term plan it could sell its 16.4% stake at some point in the future in Bunge...

United Kingdom
Aug 6, 2025 8:02 AM

Sources say that Russia's Lukoil has set up a new oil-trading arm in Dubai.

Four sources familiar with this matter have confirmed that Litasco Middle East DMCC (LME), a trading division of Russia's Lukoil is moving its business to a newly...

United Kingdom
Aug 6, 2025 7:06 AM

Copper prices lifted by hopes of rate cuts and Chilean supply concerns

The copper price edged up on Wednesday due to the expectation of rate cuts in the United States and ongoing supply concerns after a mine was suspended...

United States
Aug 6, 2025 7:04 AM

The Trump tariffs hurt small Canadian businesses while big oil companies enjoy exemptions

Steve Mallia, a Toronto-based telescope accessory manufacturer, was thriving up until March 2017, when the Trump Administration imposed a 25 percent tariff on orders bound for the...

Germany
Aug 6, 2025 7:03 AM

German cabinet approves bill for carbon storage infrastructure

The German cabinet approved Wednesday reforms that will accelerate the development and deployment of infrastructure to capture carbon dioxide. Berlin is aiming to be carbon neutral by...

Nigeria
Aug 6, 2025 6:05 AM

In overnight raids, gunmen kill 60 villagers and abduct 60 more in northern Nigeria

Witnesses said that gunmen kidnapped at least 45 women, children and teenagers in a raid overnight on five villages located in northwest Nigeria. This is the second...

France
Aug 6, 2025 5:03 AM

France fights the largest wildfire this year and one person is killed

Local authorities reported that firefighters were fighting in the south of France on Wednesday against the biggest wildfire to have occurred this year. One person died in...

Ukraine
Aug 6, 2025 5:02 AM

Zelenskiy: Russia struck gas facility in Odesa Region to undermine winter preparations

Volodymyr Zelenskiy, the president of Ukraine, said that Russia had struck a gas plant in Odesa, a southern region of Ukraine, undermining winter preparations. He claimed that...

China
Aug 6, 2025 4:05 AM

Iron ore prices fall as investors focus on coking coal

Iron ore futures fell on Wednesday as investors shifted their focus from iron ore to coking coal due to concerns about the demand for iron ore in...

Singapore
Aug 6, 2025 4:03 AM

The dollar is struggling to find direction

The dollar was unable to gain any ground on Wednesday due to growing Federal Reserve expectations of rate cuts. Investors were looking at weak U.S. economic data...

Ukraine
Aug 6, 2025 3:03 AM

Two people killed and 10 injured in Zaporizhzhia by Russian strikes, says regional governor

Ivan Fedorov, the governor of Zaporizhzhia, Ukraine, said that Russian attacks in the region killed two people, and injured 10, including four children. Fedorov reported that Russian...

France
Aug 6, 2025 1:06 AM

MORNING BID EUROPE - Tariff toll still not deter stock bulls

Stella Qiu gives us a look at what the future holds for European and global markets. Stock investors aren't too worried about the impact of Donald Trump's...

United States
Aug 6, 2025 1:05 AM

Trump's threats against Russian crude buyers have led to a rebound in oil prices

On Wednesday, oil prices rose, recovering from a five week low the day before, amid concerns about supply disruptions following U.S. president Donald Trump's threat of tariffs...

India
Aug 6, 2025 1:05 AM

Markets watch Fed appointments as they see gold prices drop amid dollar gains

On Wednesday, gold prices fell on a stronger dollar. Investors held off on making large bets before Donald Trump made his decision about the Federal Reserve. As...

Oil & Gas
Aug 6, 2025 12:30 AM

Trinidad, ExxonMobil Strike Deal for Seven Deepwater Blocks

Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep area that includes seven blocks to explore for oil and gas,...

Wind Farms
Aug 6, 2025 12:30 AM

Ramboll Names Offshore Substations Chief

Danish engineering group Ramboll has appointed Tommy Flindt as the new Global Director for Offshore Substations within the Wind Division.Effective from August 1, 2025, Tommy Flindt will...

India
Aug 6, 2025 12:05 AM

Sources say that India's two state run firms will issue debt of over $500 million in August.

Three sources familiar with the matter confirmed on Tuesday that the state-owned companies NHPC (India) and NTPC Green Energy (Canada) will sell short-term bonds to raise approximately...

China
Aug 6, 2025 12:04 AM

Iron ore prices fall as investors focus on coking coal

Iron ore futures fell on Wednesday as investors shifted their focus from iron ore to coking coal due to concerns about the demand for the commodity in...

Japan
Aug 5, 2025

Seven & i North American business IPO will fund faster growth, according to CEO

Seven & i Holdings, a Japanese convenience store operator, said that the planned listing of their North American operations will allow them to borrow additional money for...

United States
Aug 5, 2025

Asian shares follow Wall Street lower as dollar rangebound

The dollar was weighed down by lower bond yields, as well as weak U.S. economic data, on Wednesday. Data released on Tuesday showed that the U.S. service...

United States
Aug 5, 2025

US announces that it has begun seabed mineral negotiations with the Cook Islands

State Department announced on Tuesday that the U.S. and the Cook Islands have begun discussions on research regarding seabed mineral exploration and development. Cook Islands are a...

United States
Aug 5, 2025

Trump's threats against Russian crude buyers have boosted oil prices from a 5-week low.

On Wednesday, oil prices rose, recovering from a five week low the day before, amid concerns about supply disruptions following U.S. president Donald Trump's threat of tariffs...

China
Aug 5, 2025

The monsoon season peaks in South China, causing landslides to occur and an increase in viral cases

Rescue crews in south China prepared for the final downpour of heavy rain on Wednesday. They raced between torrential downpours, clearing mudslides and draining waterlogged roads that...

United States
Aug 5, 2025

Disney's ESPN acquires NFL media assets as part of a major deal

The National Football League and Walt Disney's ESPN have reached a historic agreement to buy NFL Network from the NFL in exchange for a 10% stake in...

Australia
Aug 5, 2025

Australia's Great Barrier Reef experiences record coral loss following mass bleaching

Research released on Wednesday revealed that Australia's Great Barrier Reef suffered the greatest decline in coral coverage in two of three of its regions in the past...

United States
Aug 5, 2025

Suncor Energy exceeds its quarterly profit forecasts on the back of higher production

Suncor Energy, a Canadian oil company, exceeded analyst expectations for the second quarter profit on Tuesday as increased output offset the impact from weak commodity prices. Canada's...

United States
Aug 5, 2025

US Judge blocks Trump Administration from diversion of disaster prevention grants

A federal judge on Tuesday blocked the Trump Administration from diverting over $4 billion from a program of grants designed to protect local communities from natural disasters....

United States
Aug 5, 2025

Tariffs continue to pinch earnings, from ingredient costs to declining demand.

Caterpillar and Marriott, among others, reported on Tuesday that the tariff war waged by Donald Trump has resulted in higher prices and a weaker demand. Global tariff...

Ukraine
Aug 5, 2025

Officials appointed by Moscow say that five people were killed in the Ukrainian attack on Russian-held Luhansk Region

Five people were killed in a Ukrainian attack on municipal employees in the Russian-held Luhansk Region on Tuesday, according to officials appointed by Russia in the area....

United States
Aug 5, 2025

Wall Street drops, and oil prices fall to 5-week lows

Wall Street indexes declined on Tuesday, as investors considered tariff concerns and weaker-than-expected U.S. data. Equities in Europe and Asia made gains. The U.S. service sector activity...

United States
Aug 5, 2025

Sources say that the US EPA may cancel 7 billion dollars in solar energy grants.

Two sources informed on the subject said that the Trump administration is weighing whether or not to end a $7 billion grant designed to power low- and...

United States
Aug 5, 2025

Wall Street indexes fall, oil drops for fourth straight session

Wall Street indexes declined on Tuesday due to weaker-than-expected U.S. data. Equities in Europe, however, made gains. The U.S. service sector activity was flat in July, with...

Australia
Aug 5, 2025

BHP and Lundin are requesting Argentina incentives but other miners fear they will miss out

BHP and Lundin intend to apply soon for a new Argentine incentive scheme for their Vicuna Copper Project, but executives at a mining convention this week expressed...

Colombia
Aug 5, 2025

Colombia's exports in the first half of the year are up, as a coffee boom offsets a dip in energy.

Data showed that the value of Colombian exports increased by 1.6% in the second half of last year, compared to the same period a year ago, as...

Venezuela
Aug 5, 2025

Sources say that Chevron and Valero are in discussions to reactivate the supply agreement for Venezuelan oil to US.

Three sources familiar with the preparations told reporters on Tuesday that Chevron Energy and Valero Energy were working to resume the supply of Venezuelan crude oil to...

United States
Aug 5, 2025

Tariffs continue to pinch earnings, from ingredient costs to declining demand.

Caterpillar and Marriott, among others, noted on Tuesday that the tariff war waged by U.S. president Donald Trump has resulted in higher prices and a weaker demand....

Hong Kong
Aug 5, 2025

Wall Street drops after US data and oil drops for the fourth consecutive session

Wall Street indexes fell on Tuesday as U.S. economic figures were weaker than expected, while stocks in Europe and Asia rose. The U.S. service sector activity was...

United States
Aug 5, 2025

Gold prices steady as dollar strength offsets rate-cut bets

The gold price held steady Tuesday, as the dollar strengthened and countered bets on a rate cut in the United States. Market participants were waiting for President...

Ukraine
Aug 5, 2025

Trump claims that a drop in energy costs will cause Putin to halt killing people

U.S. president Donald Trump said on Tuesday that declining energy prices may pressure Russian President Vladimir Putin into ending the war in Ukraine. Trump stated in an...

United Arab Emirates
Aug 5, 2025

As US trade tensions escalate, Indian jeweller Titan is looking to shift some manufacturing to the Gulf.

C.K. Venkataraman, the Managing Director of India's largest jeweller and watchmaker Titan, said that it is considering moving some production to the Middle East Gulf in order...

United Kingdom
Aug 5, 2025

Zimbabwean platinum miners owe millions of dollars in unpaid export revenues

The mining chamber said that under Zimbabwe's government's rules on foreign currency retention, platinum miners in Zimbabwe are owed millions in unpaid exports revenue. This is hurting...