Latest news

China
Feb 21, 2025

Cuba opens the first of 92 new solar parks to combat energy crisis

Cuban President Miguel Diaz-Canel opened the first of 92 Solar Parks on Friday, as part of an initiative backed by China to reduce the number of blackouts...

United States
Feb 21, 2025

Baker Hughes reports that the US oil and gas rig counts have reached their highest level since June.

Baker Hughes, a leading energy services company, said that the U.S. added oil and gas rigs this week for a fourth consecutive week to reach their highest...

United States
Feb 21, 2025

After the US exit, countries warn that global climate assessments should not be delayed.

After the U.S. government withdrew, the European Union, Britain, and other climate-vulnerable countries raised concerns over the delay in the next global assessment on climate change by...

South Korea
Feb 21, 2025

Global equity markets mixed due to uncertainty over Trump's moves and geopolitical issues

Wall Street stocks fell but European shares edged up on Friday, amid uncertainty over U.S. president Donald Trump's rapid policies, including tariffs and spending cuts, as well...

United States
Feb 21, 2025

Gold takes a break from profit-taking and targets eighth weekly gain

Gold prices fell on Friday, as investors took profits off the previous session's high. However, they were still set to make an eighth consecutive weekly gain due...

Germany
Feb 21, 2025

Sources say that European military supplier KNDS is considering an IPO in the midst of a boom in the defence sector.

Two people with knowledge of the matter said that KNDS, a military defence system provider, is looking at an IPO as soon as the end this year....

Portugal
Feb 21, 2025

Savannah resumes lithium prospecting as Portugal overturns injunction

Savannah Resources announced on Friday that it will immediately resume prospecting work at its lithium project located in northern Portugal, after the government assisted it in overturning...

United States
Feb 21, 2025

Analysts at JPMorgan do not expect a special Aramco distribution this year

JPMorgan stated in a Friday research note that Saudi Aramco will not have a performance-linked payout this year, following a more balanced cash cycle for 2024 after...

Mining
Feb 21, 2025

Putin claims that Russia may be able to mine its own lithium

On Friday, Russian President Vladimir Putin stated that Russia had the capability to mine its own lithium. "We have yet to mine lithium." How can we progress...

Switzerland
Feb 21, 2025

Holcim North American business will be renamed Amrize following spin-off

Holcim, a Swiss company, announced on Friday that it has named its North American building material company Amrize, and plans to list the company this year. Holcim...

South Korea
Feb 21, 2025

After Trump's halt to funding, Air Liquide may only pursue two of the six US hydrogen hubs.

Air Liquide, a French company, said that after Donald Trump frozen funding for clean energy projects in the U.S. Department of Energy's (DoE), only two of six...

United States
Feb 21, 2025

US tariffs solar panels imported from Southeast Asian countries (Nov 29, 2018)

U.S. Trade officials announced a new round on Friday of tariffs against solar panels imported from four Southeast Asian countries after American manufacturers complained about the unfairly...

France
Feb 21, 2025

EU approves state assistance to Engie's Belgian reactors to prolong their life span

The EU Competition regulators approved on Friday the Belgian plan to grant aid to French energy giant Engie's Belgian subsidiary to extend two nuclear reactors' lifespan, concluding...

United States
Feb 21, 2025

Why Trump has brought VAT into the trade dispute

Donald Trump, the U.S. president, says that value-added tax is largely responsible for the near trillion dollar deficit in trade between the United States and the rest...

China
Feb 21, 2025

Copper prices fall amid concerns about China's demand and tariffs

Copper prices fell on Friday due to concerns about the demand in China following an increase in inventories and uncertainty regarding possible U.S. Tariffs. The price of...

Japan
Feb 21, 2025

MORNING BID AMERICAS-Walmart clips Wall St, euro eyes German vote

Mike Dolan gives us a look at what the U.S. market and the global market will be like today. Wall Street was stung by Walmart's disappointing results....

India
Feb 21, 2025

Palm oil gains for the fifth week in a row on concerns over production

Malaysian palm futures gained on Friday, logging their fifth consecutive weekly gain. This is the longest winning streak in three years. Prices were supported by expectations of...

Canada
Feb 21, 2025

Sibanye shares fall for the second time in two years

Sibanye Stillwater shares have fallen to their lowest level in this year's market after the company suffered its second consecutive loss for a full-year. Sibanye shares fell...

Taiwan
Feb 21, 2025

Vietnam decides to temporarily impose anti-dumping tariffs on China steel products

The trade ministry announced on Friday that Vietnam would levy a temporary antidumping tax of up to 27,83% on certain hot-rolled coils steel products from China. In...

United States
Feb 21, 2025

US Senate passes Republican Border Security Bill without Trump Tax Cuts

In the early morning hours of Friday, the U.S. Senate approved a Republican-sponsored bill promoting the immigration, energy, and defense policies of President Donald Trump, despite Trump’s...

Hong Kong
Feb 21, 2025

StanChart promises to reduce emissions associated with oil and gas bonds

Standard Chartered pledged on Friday to reduce the emissions associated with the bonds it sold for oil and gas firms and will continue with its net zero...

United States
Feb 21, 2025

Gold gains for the eighth consecutive week after record-breaking run

Gold prices fell Friday, but are set to gain for an eighth consecutive week on the back two consecutive records highs. Safe-haven demand remains strong amid worries...

China
Feb 21, 2025

China export restrictions push European bismuth price to highest level since 2008.

Prices of bismuth in Europe are at their highest level in 17 years, after China's plans to restrict exports sparked fears that the metal would be scarce....

Japan
Feb 21, 2025

Eneos and Mitsubishi move forward with sustainable aviation fuel at Japan's Wakayama

Eneos Corp., Japan's largest refiner and trading house Mitsubishi Corp., said that they will move forward on front-end engineering designs (FEEDs) for sustainable aircraft fuel (SAFs) production...

India
Feb 21, 2025

Asia Gold Record prices dampen the demand in top hubs

The physical gold demand in China and India, the two largest consumers of gold, was negligible last week due to record-high prices. "Buyers just sit back and...

United Kingdom
Feb 21, 2025

EDF's core earnings fall on lower electricity costs

The French power giant EDF announced a decline in its annual core earnings Friday. This was due to lower electricity prices, despite higher power production from its...

China
Feb 21, 2025

London aluminium lingers near eight-month high

London's aluminium prices were near an eight-month high on Friday, as traders assessed their concerns about the European Union's envoys agreement to ban Russian imports of primary...

China
Feb 21, 2025

Gold and Asia's shares rise for the eighth consecutive weekly gain

The Asian share market reached a new three-month high on Friday, as investors returned to Chinese stocks that were previously not popular due to the optimism surrounding...

United Kingdom
Feb 21, 2025

Oil gains weekly amid improved demand and supply concerns

The oil prices were stable on Friday, and are expected to rise by a significant amount this week due to an improved outlook for the demand in...

Germany
Feb 21, 2025

Investors prefer German midcaps over bluechips on recovery bets

Investors who are betting on the German economy recovering, supported by a fiscal boost post-election and the possibility of a ceasefire in the Ukraine war, have piled...

Wind Farms
Feb 21, 2025

Fist US-Built Wind Turbine Installation Vessel Starts Sea Trials

The United States' first Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, has started sea trials ahead of delivery to Dominion Energy planned for later in...

Oil & Gas
Feb 21, 2025

Japan's Japex Shifts Back to Oil and Gas Investments

Japan Petroleum Exploration (Japex) is prioritizing investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables...

China
Feb 21, 2025

Iron ore prices rise on a brighter outlook for demand and China's stimulus hopes

The price of iron ore futures rose on Friday, reaching their highest level in over four months. They are also expected to gain a lot this week...

United States
Feb 20, 2025

Gold sets for 8th weekly gain as tariffs threaten to boost demand

Gold prices were stable on Friday and on course for an eighth consecutive weekly gain. This was largely due to safe-haven flows on the back of concerns...

United States
Feb 20, 2025

BlackRock resumes stewardship discussions after reviewing the new ESG guidance

BlackRock, world's biggest asset manager, announced on Thursday that it had resumed meetings with the heads of its portfolio companies following the review of new guidelines from...

China
Feb 20, 2025

London copper prices fall on Trump tariffs and a stronger dollar

London copper prices fell on Friday as the dollar strengthened. Market participants were also concerned about metal demand following President Donald Trump's threat to impose tariffs earlier...

Australia
Feb 20, 2025

Gold heads for eight consecutive weekly gains as Asia shares gain momentum from China

The Asian share market rose on Friday as Wall Street lost its negative lead. Meanwhile, Chinese stocks, which were once disliked, found more buyers due to the...

Hong Kong
Feb 20, 2025

Laopu Gold shares soar to new record highs

Laopu Gold shares rose up to 10% Friday, reaching a new record high. The company had posted a positive profit warning. The company said on Thursday it...

United States
Feb 20, 2025

Oil prices continue to rise on the back of strong US demand and Russia supply concerns

The oil prices continued to rise on Friday and are expected to increase by a significant amount over the next week. Falling inventories in the United States...

United States
Feb 20, 2025

Financial Times - Feb. 21

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Headlines Infrastructure adviser warns that...

United States
Feb 20, 2025

US Senate Republicans push for border security bill without Trump's tax cut

The U.S. Senate began a discussion on a Republican Bill on Immigration, Energy and Defense on Thursday, even though President Donald Trump had urged members to abandon...

South Korea
Feb 20, 2025

South Korea wants exemption from Trump tariffs

The industry ministry announced on Friday that South Korean officials had requested an exemption from the reciprocal U.S. steel and aluminum tariffs when they visited Washington this...

Central Asia
Feb 20, 2025

Green Climate Fund invests $687 Million

The Green Climate Fund, the largest fund in the world that helps developing countries cope with climate change impacts, announced on Friday that it had approved $686.8...

United States
Feb 20, 2025

Trump withdraws the US from key global climate assessment sources say

Two sources with knowledge of the situation said that the Trump administration had halted participation by U.S. researchers in U.N. climate assessments. This is part of a...

United States
Feb 20, 2025

Alliant Energy exceeds profit expectations for the fourth quarter on higher electricity prices

Alliant Energy, a utility company, beat its fourth-quarter profit expectations on Thursday thanks to higher electricity rates. Rate case proceedings are used by utilities to increase their...

United States
Feb 20, 2025

BMW executive: No special deal needed to avoid US tariffs

BMW's chief purchasing officer stated that the company does not feel the need to negotiate an exclusive deal with the United States in order to avoid import...

United Kingdom
Feb 20, 2025

Brokers and documents say that Expand Energy is exploring the sale of the entire iconic Oklahoma campus.

Expand Energy, formerly known under the name Chesapeake and the largest U.S. Natural Gas producer, wants to sell most of the campus in Oklahoma City, Oklahoma. This...

United States
Feb 20, 2025

Consolidated Edison exceeds profit expectations for the fourth quarter on higher electricity prices

Consolidated Edison, a utility company, beat Wall Street expectations for the fourth quarter profit on Thursday due to higher electricity rates. Rate case proceedings are used by...

United States
Feb 20, 2025

MP Materials' fourth quarter loss exceeds Wall Street expectations

MP Materials, a rare earths producer, said that its fourth-quarter losses widened in part due to higher production costs associated with the refining the minerals. However the...

United States
Feb 20, 2025

US agency staff are not allowed to talk with Congress, a lawmaker claims

In a letter to agency administrators sent on Thursday, Chellie Pingree, a Representative, said that the Trump administration had instructed staff at the U.S. Farm, Environment and...