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Japan
May 26, 2025

Stocks and the euro rise on Trump EU tariff delays

The global markets rose on Monday, and the euro also rallied. This was after U.S. president Donald Trump pushed back his threat to impose 50% tariffs on...

Environment
May 26, 2025

Eleven countries demand EU weakens deforestation law further, document shows

By Kate Abnett BRUSSELS (May 26) - According to a document obtained by, 11 governments are urging the European Union to delay or weaken its upcoming deforestation...

Israel
May 26, 2025

Gaza Aid Foundation chief resigns after further Israeli airstrikes killing dozens

A day before the foundation was to start operations in Gaza, the head of an American-backed foundation abruptly resigned on Sunday. An Israeli airstrike had killed dozens...

United Kingdom
May 26, 2025

Trump extends the tariff deadline for EU goods

Gold prices dropped on Monday as U.S. president Donald Trump reversed his threat to impose tariffs of 50% on goods imported from the European Union starting June...

South Asia
May 26, 2025

India's top Court pauses the liquidation of $2.3 Billion JSW-Bhushan Power Deal

India's highest court on Monday halted liquidation proceedings against Bhushan Power and Steel Limited (BPSL), after rejecting JSW Steel's $2.3 Billion deal to purchase the firm. The...

Denmark
May 26, 2025

Danish trader InCommodities reports a 47% decline in profit annually as trading slows

InCommodites - a Danish energy trading company backed by Goldman Sachs - reported on Monday a 47% decline in its pretax profits for 2024, citing lower volatility...

China
May 26, 2025

London metals benefit from Trump's tariff reprieve

Metal prices in London increased on Monday, after U.S. president Donald Trump reversed his threat to impose a 50% duty on imports coming from the European Union...

China
May 26, 2025

Dalian iron ore falls to a two-week low due to weak China steel demand and property woes

Iron ore futures prices fell on Monday due to a decline in steel consumption by China, the world's largest consumer. Meanwhile, persistent weakness in China's real estate...

France
May 26, 2025

Suriname's ruling and opposition parties are almost tied in the parliamentary elections

Suriname’s ruling party won nearly the same number parliamentary seats as its main opposition rival in Sunday’s election, setting up the complex coalition negotiations which will determine...

China
May 26, 2025

Australia's Origin Energy lowers its forecast for UK business, shares fall

Origin Energy, Australia, downgraded its annual forecast on Monday due to the unseasonably warm temperatures in Britain during March and April, as well as one-off effects. This...

Africa
May 26, 2025

Nigeria will open two lithium-processing plants backed by China this year

The Nigerian mining minister announced that two large lithium processing plants will be commissioned this year. This marks a shift away from exporting raw minerals to adding...

United States
May 26, 2025

Oil prices rise after Trump extends EU Trade Talks deadline to July

The oil prices rose on Monday, after U.S. president Donald Trump extended the deadline for trade negotiations with the European Union. This eased concerns over U.S. tariffs...

United Kingdom
May 26, 2025

London metals benefit from Trump's tariff reprieve

Metal prices in London increased on Monday, after U.S. president Donald Trump reversed his threat to impose a 50% duty on imports coming from the European Union...

United States
May 26, 2025

Gold prices drop as Trump delays EU tariff deadline

Gold prices fell on Monday, after U.S. president Donald Trump announced a deadline of July 9 for a deal with the European Union. He also revoked his...

China
May 26, 2025

Dalian iron ore falls to a two-week low due to weak China steel demand and property woes

Iron ore futures prices fell on Monday due to a decline in steel consumption by China, the world's largest consumer. Meanwhile, persistent weakness in China's real estate...

Japan
May 26, 2025

Trump announces US Steel will be controlled by the US as part of Nippon Deal

Donald Trump, President of the United States, said on Sunday that as part the partnership between Nippon Steel and U.S. Steel, the United States would have control...

Taiwan
May 25, 2025

Asian stocks, euro gain after Trump delays EU tariffs

Stock markets in Asia rose on Monday. The euro also rallied, after President Donald Trump extended his threat of imposing 50% tariffs on EU products by over...

Japan
May 25, 2025

Nippon Steel shares rise after Trump supportss U.S. steel deal

Nippon Steel's shares rose on Monday after U.S. president Donald Trump expressed his support for the company’s $14.9 billion offer to acquire U.S. Steel. Trump stated in...

China
May 25, 2025

Origin Energy Australia raises the lower end of its full-year profit estimate

Origin Energy, Australia's largest energy company, raised its underlying profit forecast for fiscal 2025 to the lower end due to operational improvements as well as wholesale portfolio...

United Kingdom
May 25, 2025

Oil prices rise after Trump extends EU Trade Talks deadline to July

The oil prices rose in the early Asian trading on Monday, after U.S. president Donald Trump extended the deadline for trade negotiations with the European Union. This...

Egypt
May 25, 2025

Israeli attacks kill 23 people in Gaza including a rescue official and a journalist

Local health officials reported that Israeli military strikes on Gaza Strip killed 23 Palestinians, including a journalist from the area and a senior official of the rescue...

Israel
May 25, 2025

Israeli attacks kill 20 people in Gaza including a rescue official and a journalist

Local health officials reported that Israeli military strikes on Gaza Strip killed at least twenty Palestinians, including a journalist from the area and a senior official of...

Africa
May 25, 2025

Congo to sign US mineral deal by June end, reports FT

The Financial Times reported that officials from the Democratic Republic of Congo were optimistic about a deal they could reach with Washington in order to secure U.S....

Ukraine
May 25, 2025

Three dead after Russian drones strike Kyiv and other Ukrainian cities

Officials said that Russian forces attacked Kyiv early Sunday morning, killing at least three people and injuring 11 others in the capital. They also damaged buildings and...

Italy
May 24, 2025

Corriere CEO: Pirelli is in a risky situation if Sinochem does not sign a deal.

The CEO of the Pirelli group told Corriere della sera that the Italian tyre manufacturer is in a dangerous situation because its Chinese major shareholder Sinochem has...

Wind Farms
May 24, 2025

Navantia Seanergies Delivers Second Substation Jacket for French OW Farm

Navantia Seanergies, Spanish shipbuilder Navantia’s green energies division, has delivered its second substation jacket for Ocean Winds for the offshore wind farm at Dieppe Le Tréport in...

Venezuela
May 23, 2025

Bloomberg News reports that the US is planning to grant Chevron a license in Venezuela for minimal maintenance.

Bloomberg News reported that the U.S. administration of President Donald Trump is about to issue Chevron a license which will allow it to maintain essential operations in...

Australia
May 23, 2025

Australia begins cleaning up after floods that killed 5, damaged 10,000 properties

Australian authorities began cleaning up efforts Saturday, after flooding in Australia's southeast claimed five lives and flooded more than 10,000 homes. New South Wales' emergency services agency...

Brazil
May 23, 2025

Tanure, a Brazilian tycoon, offers to purchase Braskem's petrochemical company.

A securities filing on Friday showed that Brazilian businessman Nelson Tanure had made an offer to purchase a controlling interest in Braskem. Tanure is looking to expand...

Chile
May 23, 2025

ENAMI, a Chilean lithium company, says that a joint venture with Rio Tinto will begin production in 2032.

Ivan Mlynarz, the company's chief, said that ENAMI, Chile's state-owned mining firm, aims to start production of its new Rio Tinto Lithium partnership at Altoandinos in 2032,...

United States
May 23, 2025

Southern California Edison pays $82.5 Million for Bobcat Fire Damages

The Justice Department announced on Friday that Southern California Edison had agreed to pay the U.S. Government $82.5 million in order to cover costs for fighting the...

Japan
May 23, 2025

Trump approves Nippon Steel’s bid to acquire US Steel and blesses the 'planned partnership.'

Donald Trump, the U.S. president, appeared to have given his approval on Friday to Nippon Steel’s $14.9 billion offer for U.S. Steel. He said that the "planned...

Canada
May 23, 2025

US approves Utah Uranium Mine after Two-Week Environmental Review

Anfield Energy’s proposed Velvet Wood uranium mining project in Utah was approved by the Trump administration on Friday following a rapid environmental review of 14 days. This...

United States
May 23, 2025

Southern California Edison pays $82.5 million in settlement claims for 2020 Bobcat Fire damage

Southern California Edison, a division of Edison International, has agreed to pay $82.5 Million to the U.S. Forest Service to settle claims for damages and costs resulting...

United States
May 23, 2025

Canada's new Energy Minister vows to accelerate permitting and reset industry relations

In a speech Friday, Canada's new Natural Resources minister Tim Hodgson promised to speed up the approval process for major energy projects. The announcement was welcomed by...

United States
May 23, 2025

Trump wants to speed up the process of obtaining new nuclear licenses and overhaul regulatory agencies

Donald Trump, the U.S. president, ordered on Friday that the independent nuclear regulatory agency of his country reduce regulations and expedite new licenses for power plants and...

Scandinavia
May 23, 2025

Top EU exports most at risk from Trump's new duties

U.S. president Donald Trump threatened again on Friday to intensify his trade war. He recommended a 50% tariff for goods from the European Union starting on June...

Brazil
May 23, 2025

OBITUARY-Brazilian photographer Sebastiao Salgado dead at 81

The nonprofit that he founded announced on Friday that Sebastiao Salagado had died at age 81. His black-and white images of migrants, workers and the conflicted relationship...

United States
May 23, 2025

BlackRock: US energy independence at risk from coal competition case

BlackRock, BlackRock is the largest asset manager in the world. It said that the U.S. support of a "baseless case" alleging asset management conspired to decrease competition...

United States
May 23, 2025

Holiday schedule for US economic and other data

The Memorial Day federal holiday, which falls on May 26, will impact the release of major economic, energy, and commodity reports during the week ending May 25,...

India
May 23, 2025

Perpetua requests up to $2 billion in loan from US EXIM to fund antimony project

Perpetua Resources announced on Friday that it had filed a formal request with the U.S. Export-Import Bank to receive potential debt financing up to $2 billion for...

United States
May 23, 2025

Focus on next week's rate decision to determine the South African rand rate.

South Africa's currency, which is backed by commodities, was stronger on Friday against a weaker US dollar. This was helped by the higher gold price as investors...

China
May 23, 2025

Platinum prices soar to a two-year high due to strong Chinese demand and tighter supply

The price of platinum surged up to a record high in two years on Friday. This was due to the sharp increase in Chinese imports and persistent...

Africa
May 23, 2025

TotalEnergies CEO defends the company against East Africa allegations

Patrick Pouyanne, the chief executive of TotalEnergies, defended his company's involvement in oil projects in East Africa after a U.N. independent human rights expert stated that the...

China
May 23, 2025

Ivanhoe disputes Zijin's statement about Congo mine problems

Ivanhoe Mines disputed on Friday the statement made by its Chinese partner regarding problems at their Kakula Copper Mine in Democratic Republic of Congo following seismic activity....

United Kingdom
May 23, 2025

COMEX stocks surpass LME for the first time since 2022

The COMEX warehouses registered with the exchange have seen their copper inventories surpass those on the London Metal Exchange since March 2022. This is because traders are...

France
May 23, 2025

Extinction rebellion briefly occupies BNP Paribas' entrance during TotalEnergies protest

Around a dozen climate activists from Extinction Rebellion briefly occupied the lobby entrance of the French bank BNP in Paris, Friday morning. They were protesting against BNP's...

Africa
May 23, 2025

TotalEnergies is asked to take action by UN expert on human rights concerns

An independent U.N. expert on human rights said that TotalEnergies should urgently address new allegations of abuses in its controversial oil pipeline project, which is located in...

United Kingdom
May 23, 2025

Wood Group's UK chair is planning to leave the UK pending a clearer strategic direction

Wood Group, a British oilfield service company, announced on Friday that its chairman Roy Franklin will run for reelection at the annual general meeting. Franklin plans to...

France
May 23, 2025

Extinction rebellion briefly occupies BNP Paribas' entrance during TotalEnergies protest

Around a dozen climate activists from Extinction Rebellion briefly occupied the lobby entrance of the French bank BNP Paribas in Paris, Friday morning. They were protesting what...