Latest news

Ukraine
Jul 18, 2025 8:02 PM

Mayor of Odesa: One killed in Russian drone attack on Ukraine Odesa

The mayor of Odesa said that Russian forces launched a massive drone attack early Saturday morning on the Ukrainian Black Sea Port, destroying at least one apartment...

Canada
Jul 18, 2025 6:03 PM

Morrison, the former Australian PM, will testify in front of a US House committee on China

The committee announced on Friday that former Australian PM Scott Morrison would testify on Wednesday at an U.S. House hearing about China's "economic pressure against democracies". Rahm...

Taiwan
Jul 18, 2025 6:02 PM

Investors focus on tariffs, earnings and economic data as they look at US yields.

MSCI's global index of equity prices rose slightly, while U.S. Treasury rates fell and Wall Street stocks were little changed on Friday. Investors digested mixed economic data...

United States
Jul 18, 2025 6:02 PM

US EPA cuts workforce by 23% and closes research division

As part of President Donald Trump’s efforts to shrink the federal government, the U.S. Environmental Protection Agency announced on Friday that it will reduce its workforce by...

Canada
Jul 18, 2025 2:04 PM

China says Canada's steel import tariffs violate WTO rules

The Chinese Embassy in Ottawa criticised duties imposed by Canada on Chinese import steel this week, saying that they violated World Trade Organization rules and disrupted global...

United States
Jul 18, 2025 2:03 PM

Chevron's entry into Guyana oilfields resolves the company's biggest challenge

Chevron is about to enter Guyana's offshore oilfields, which will solve one of its biggest problems: how it will grow beyond the next couple of years. The...

United States
Jul 18, 2025 1:03 PM

Media reports: 3 killed in blast at Los Angeles Sheriff's office

Fox News and the local media reported that three deputies were killed in an explosion at a Los Angeles County Sheriff's Department Training Facility, although officials have...

Nigeria
Jul 18, 2025 12:04 PM

In Nigeria's Zamfara State, bandits kill six and kidnap more than 100.

Residents and a local legislator said that gunmen attacked the Kairu community, located in northwest Zamfara, Nigeria, and killed six people. They also abducted over 100 other...

Africa
Jul 18, 2025 12:04 PM

South Africa announces its assets gains as it concludes the G20 Finance Meeting with a communique

The rand, government bond and stock prices of South Africa rose on Friday, as investors considered the country's hosting of the two-day Group of 20 Finance Meeting,...

United States
Jul 18, 2025 12:03 PM

G20 communique: main points and omissions

G20 finance chiefs issued a communiqué on Friday, which emphasized the importance of central banks' independence and the World Trade Organization's role in advancing trade. The following...

China
Jul 18, 2025 12:03 PM

Chevron wins arbitration against Exxon over Hess deal, according to analysts.

Chevron is moving forward with its acquisition of Hess for $53 billion after winning a landmark court battle against Exxon Mobil, allowing it to access the largest...

China
Jul 18, 2025 12:02 PM

Gold gains as safe-haven on the back of global uncertainty and a weaker dollar

Gold prices increased on Friday, as a weaker dollar and the ongoing geopolitical uncertainty and economic instability boosted demand for this safe-haven. Platinum prices fell after reaching...

United States
Jul 18, 2025 11:06 AM

Reliance's profits top estimates for energy business rebound

Reliance Industries, owned by Indian billionaire Mukesh Amani, beat expectations for its quarterly profit on Thursday, thanks to strong growth in the company's energy, retail, and digital...

United States
Jul 18, 2025 11:05 AM

US steelmakers expect mixed results in the second quarter, despite price hikes due to tariffs

The fortunes of the top U.S. Steelmakers in the second quarter are likely to be mixed, caught between an upswing from higher steel prices as well as...

United States
Jul 18, 2025 10:04 AM

Russian rouble weakens against US dollar after fresh EU sanctions

The Russian rouble fell against the U.S. Dollar and the Chinese Yuan on Friday, after the European Union approved its 18th package against Russia for its war...

United States
Jul 18, 2025 10:04 AM

Chevron wins arbitration against Exxon over Hess deal, according to analysts.

Chevron is moving forward with its acquisition of Hess for $53 billion after winning a landmark court battle against Exxon Mobil, allowing it to access the largest...

United States
Jul 18, 2025 10:03 AM

Netflix's failure to ignite the Wall Street market has led to a tepid start for Wall Street

Wall Street was preparing for a calm start to the weekend, as investors considered a week full of mixed economic indicators and earnings reports. Netflix's record-breaking profit...

Sweden
Jul 18, 2025 10:03 AM

Nordic Industrials reports FX losses as the dollar dents Q2 profits

The second quarter earnings of some of Sweden's largest industrial companies showed that currency fluctuations and tariff uncertainty are weighing on their profits. The first impression is...

Climate Change
Jul 18, 2025 10:02 AM

After the Russian floods, rescuers saved families and farm animals as well as a pet hamster.

Rescuers brought more than 100 people, their animals, and pets to safety after heavy rains flooded villages in eastern Russia. Rubber dinghies were piloted by emergency crews...

Canada
Jul 18, 2025 10:02 AM

G20 finance chiefs reach consensus in South Africa, despite US tariff tensions

The finance chiefs of G20 nations were close to agreeing on Friday a position on trade, and other global issues. This would be the first time since...

Austria
Jul 18, 2025 9:06 AM

Russian seaborne diesel imports from July 1-15 fell 6% on a monthly basis, according to data

According to LSEG data and other market sources, the Russian seaborne exports of diesel and gasoline fell by 6% in the first 15 day period of July...

Taiwan
Jul 18, 2025 9:05 AM

Global shares rise as US consumer confidence holds steady, but yen falls ahead of Japan's vote

The global shares are on track to gain weekly gains this Friday, as strong U.S. corporate earnings and economic data released in the last week have tempered...

United States
Jul 18, 2025 9:03 AM

Platinum reaches its highest level in more than a decade

Gold prices rose on Friday, despite easing concerns over the independence of the U.S. Federal Reserve and positive U.S. economic data. As of 1013 GMT spot gold...

United States
Jul 18, 2025 9:03 AM

Talen Energy shares soar on $3.5 billion gas fired power plant deal

Talen Energy shares jumped by more than 15 percent in Friday's premarket trading. This was a day following the announcement of 3.5 billion dollars worth of deals...

Fossil Fuels
Jul 18, 2025 9:03 AM

Finance ministry: Russia allocated $800 million for support of coal companies in trouble

The Finance Ministry announced on Friday that Russian coal companies will receive tax incentives worth approximately 63 billion Russian roubles (804.08 millions dollars) this year. This is...

India
Jul 18, 2025 9:02 AM

Kremlin's response to new EU sanctions. Russia has developed a certain immunity against such measures

The Kremlin announced on Friday that Russia had developed a certain immunity and adaptability to Western sanctions, following the European Union's approval of an 18th set of...

India
Jul 18, 2025 8:07 AM

India's JSW Steel exceeds profit expectations for the first quarter as margins increase

India's JSW Steel announced a higher-than-expected increase in its first-quarter profits on Friday. Lower raw material costs, and firmer domestic prices of steel helped to boost margins....

China
Jul 18, 2025 8:06 AM

Officials say Vale Indonesia will seek financing of up to $1.2 Billion in 2026-2027.

Andaru Adi, the head of corporate finances and investor relations at Vale Indonesia, announced on Friday that it plans to raise between $1 billion to $1.2 billion...

South Korea
Jul 18, 2025 8:04 AM

South Korea is hit by torrential rain for the third consecutive day, and thousands of people seek shelter.

On Friday, heavy rains continued to pelt South Korea in a torrential downpour that killed at least four and forced thousands to flee their homes. Property and...

Japan
Jul 18, 2025 8:03 AM

Japan's reality check on Couche-Tard’s grand retail dreams

Alimentation Couche-Tard, which owns Circle-K, pulled out of its $46 billion offer for Seven & i after a year-long pursuit. The Japanese consumers have emotional ties with...

China
Jul 18, 2025 8:03 AM

Sources say that China quietly announces 2025 rare Earth quotas

Sources with knowledge of the issue said that China quietly announced its first 2025 quotas for rare earth mining and melting without the usual public announcement. This...

France
Jul 18, 2025 8:02 AM

Private equity firm CAPZA purchases minority stake in DI Environnement

Private equity firm CAPZA announced on Friday it had agreed to purchase a minority share in DI Environnement. The French company specializes in environmental cleanup services, such...

Sweden
Jul 18, 2025 7:05 AM

Reliance acquires Kelvinator, a home appliance maker from Sweden's Electrolux

Reliance Industries announced on Friday that its retail arm had purchased the Kelvinator Brand in India from Sweden’s Electrolux. The Mukesh Ambani led group is now a...

Poland
Jul 18, 2025 7:05 AM

Polish companies are worried about the worsening conditions in Q2 according to central bank

The central bank reported that Polish companies were concerned about the business environment in the second quarter. They cited the rising cost of raw materials and other...

China
Jul 18, 2025 7:04 AM

G20 finance chiefs reach consensus in South Africa, despite US tariff tensions

The G20 finance chiefs expressed optimism on Friday about a possible agreement on a position on global trade and other challenges despite the tariffs imposed by U.S....

China
Jul 18, 2025 7:04 AM

Copper reaches a one-week record high due to Chinese demand and hopes for a trade agreement

Copper reached a new high of more than a week on Friday. This was due to Chinese buyers, the hope for a U.S. China trade agreement, and...

France
Jul 18, 2025 7:03 AM

The weather has improved and hundreds of firefighters are fighting wildfires in Southern France

A wildfire spanning 240 hectares (593 acres), erupted in the northwest outskirts Marseille a week ago, forcing residents to evacuate, or go into lockdown, and closing the...

United Kingdom
Jul 18, 2025 7:03 AM

EU approves new sanctions against Russia with lower cap on oil prices

The European Union agreed on Friday to an 18th set of sanctions against Russia for its war in Ukraine. These include measures that aim to deal further...

United States
Jul 18, 2025 6:06 AM

Boliden CEO anticipates dividend payment to resume

Mikael Stafas, Chief Executive Officer of Boliden's Swedish subsidiary, said in an exclusive interview with the newspaper on Friday that Boliden will resume dividends. He said that...

Japan
Jul 18, 2025 6:06 AM

Global shares increase as U.S. consumers hold up and the yen is weak before Japan's vote

Global shares rose on Friday, as strong U.S. corporate earnings and economic data this week helped to ease tariff concerns. The yen was headed for a second...

India
Jul 18, 2025 6:05 AM

India's Hindustan Zinc beats quarterly profit estimates

Hindustan Zinc reported a higher-than-expected profit for its first quarter on Friday. The strong demand of the metal helped to cushion the impact that geopolitical uncertainty had...

Kazakhstan
Jul 18, 2025 6:04 AM

Sources say that Kazakhstan CPC blend oil is headed to Asia, as European demand declines.

Traders said that Asia's refiners bought more Kazakhstan CPC blend crude in August than they did in July, after the fall of European demand lowered prices. This...

China
Jul 18, 2025 5:03 AM

Dalian Iron Ore gains for the fourth week in a row on optimism

Dalian iron-ore futures rose on Friday, reaching their highest closing in four and half months. The market also recorded a fourth weekly gain as a result of...

Scandinavia
Jul 18, 2025 5:02 AM

Boliden's earnings fall short of expectations due to the weakening dollar

Boliden reported Friday that its operating earnings in the second quarter were lower than expected, due to the stronger US dollar. Boliden's operating profit for the quarter...

China
Jul 18, 2025 5:02 AM

Copper prices rise on positive US data and China demand prospects

Copper prices rose on Friday, supported by stronger-than-expected U.S. economic data and expectations of increased buying from top consumer China after the recent price dip. The price...

Africa
Jul 18, 2025 4:05 AM

Valterra Platinum Flags' first-half profits fall for South Africa

Valterra Platinum, a South African company, expects to see its first-half profit fall by up to 88% as a result of lower sales and output as well...

India
Jul 18, 2025 4:04 AM

Sources say that India will issue climate risk disclosure regulations for banks within the next few months.

Three sources familiar with the situation said that India's central banks is nearing finalising regulations for banks and financial institution to disclose and manage climate change risks....

United Kingdom
Jul 18, 2025 4:03 AM

Thames Water crisis prompts UK water reforms

On Monday, Britain will announce measures to fix the broken water sector. Thames Water is on the verge of collapse and needs to "reset" its regulations to...

Japan
Jul 18, 2025 3:05 AM

As prices rise, the discount on ASIA GOLD in India increases.

The gold demand in India was subdued during this week as the near-record high prices discouraged buyers and caused dealers to offer larger discounts to attract them....

United States
Jul 18, 2025 2:04 AM

Investors suggest alternatives to YPF in dispute between US and Argentina

The U.S. Government sided with Argentina in its effort to temporarily suspend a court order requiring it to turn over its 51 percent stake in the oil...