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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...

United States
Feb 20, 2025

Newmont's profit exceeds expectations for the fourth quarter on higher gold prices and production

Newmont exceeded analysts' estimates for the fourth quarter profit on Thursday as it benefited from an increase in production and a rise in gold prices. The average...

United States
Feb 20, 2025

US power company Southern Co increases capital investment plan by 30%

Southern Co executives said that they have increased their base capital investment plan through the end decade by about 30%. The proposed increase in spending is dominated...

Oil & Gas Refining
Feb 20, 2025

Russia extends gasoline export ban for six months, exempting producers

The Russian government announced on Thursday that it has extended the six-month ban on gasoline exports, but with exemptions for producers. The government released a statement saying...

Ukraine
Feb 20, 2025

Ferrexpo's Poltava mine to be nationalised by Ukraine

Ukraine announced on Thursday that it has nationalised the Poltava Mining and Processing Plant, the largest mine owned by London-based Iron Ore Pellets producer Ferrexpo. This follows...

United States
Feb 20, 2025

If Trump's tariffs are implemented, Cameco will see uranium prices increase for US customers.

Canadian uranium producer and miner Cameco has warned that prices could increase by 10% for U.S. consumers if tariffs imposed by President Trump are implemented. This would...

United States
Feb 20, 2025

Gold prices reach record highs fueled by demand for safe-havens

Gold prices reached a new record on Thursday as fears of an international trade war, sparked by U.S. president Donald Trump's threats to increase tariffs, fueled demand...

China
Feb 20, 2025

Base metals gain from a possible US-China deal and a weaker dollar

Base metals were up in London on Friday as fears of a trade war with China, the world's largest metal consumer, were put to rest after U.S....

United States
Feb 20, 2025

Teck Canada sees no impact of Trump's tariffs

Teck Resources, a Canadian mining company, said that the proposed tariffs by Donald Trump on Canadian imports would not materially impact its business. On a call following...

Japan
Feb 20, 2025

Mitsui hires a former DRW Investments executive as the head of precious metals for its subsidiary

The company announced that Mitsui Bussan Commodities Ltd. (MBCL), a trading firm for energy and base metal derivatives, hired Darren Botha, formerly the head of precious materials...

Colombia
Feb 20, 2025

Colombia deforestation rose 35% in 2024, minister says

The Environment Minister Susana Muhamad announced on Thursday that deforestation rose by 35% in Colombia in 2024, from a 23 year low in the previous years. This...

Chile
Feb 20, 2025

Codelco and Anglo American will jointly operate copper mines at central Chile

The companies announced that they had signed a Memorandum of Understanding to operate copper mines located in central Chile. Codelco's board of directors, in a letter sent...

United Kingdom
Feb 20, 2025

Britain and France explore electrical interconnection of approximately 1 GW

Ofgem, the British energy regulator, and CRE, its French counterpart, have agreed to explore opportunities for electricity interconnection with capacity of approximately 1 gigawatt between France and...

United States
Feb 20, 2025

CenterPoint increases its spending plan due to a surge in power demand for data centers

CenterPoint Energy, a U.S. utility company, added $500 million on Thursday to its 10-year plan of capital expenditures to improve its electricity grid in order to meet...

Brazil
Feb 20, 2025

After Trump tariffs, Brazil's Gerdau steelmaker rethinks its Mexico mill

The CEO of Brazilian steelmaker Gerdau said that the company may decide to increase its production capacity in the United States rather than build a new facility...

Africa
Feb 20, 2025

Somalia claims its army and allied militias repel al Shabaab attack, killing more than 130

Somalia announced on Thursday that its army and clan militias allied with it had fought off coordinated raids by the Islamist al Shabaab group in the south...

Africa
Feb 20, 2025

Swiss court convicts ex-Gunvor employee of corruption

On Thursday, a top Swiss court found that a former Gunvor employee had corrupted officials in the Republic of Congo for oil contracts. This is the first...

Wind Farms
Feb 20, 2025

Enefit Green, Sumitomo Partner Up to Develop Offshore Wind Farm in Estonia

Enefit Green and Sumitomo Corporation have signed an agreement which outlines the start of strategic partnership for developing the first offshore wind farm in the Gulf of...

Oil & Gas
Feb 20, 2025

DOF’s Skandi Implementer Vessel Returns to GoM for Two Subsea Projects

Norwegian offshore supply vessel operator DOF Group has secured contracts for two subsea construction projects which will be executed with its Skandi Implementer subsea vessel.Skandi Implementer, which...

Germany
Feb 19, 2025

US EPA sends Congress a Biden-approved California EV Plan

The U.S. Environmental Protection Agency announced on Wednesday that it had submitted to Congress, for review and possible repeal, the Biden Administration's approval of California’s landmark plan...

United States
Feb 19, 2025

Senators Demand Answers on US Attorney Resignation Over Green Fund Probe

Four Democratic Senators have requested that the Inspector General of the Justice Department investigate the resignation by a Washington-based senior federal prosecutor who was under pressure to...

Germany
Feb 19, 2025

EU Trade Chief ready to discuss lower tariffs and trade deals with Trump

Top EU trade officials stated on Wednesday that the bloc is interested in making trade deals with President Donald Trump of the United States. They are also...

Africa
Feb 19, 2025

Barrick Gold signss agreement with Mali for mining dispute to be resolved

Four people with knowledge of the development said on Wednesday that the Canadian miner Barrick Gold signed a new deal with the Malian Government to end a...

United States
Feb 19, 2025

High-octane gas is the first basic product in Cuba to be sold exclusively in dollars

The government of Cuba announced Wednesday that high-octane gasoline will only be sold in dollars. This is the latest step in the dollarization trend in the communist...

Fuel Oil
Feb 19, 2025

Cubans cook with charcoal in the face of a worsening energy crisis

Due to the frequent blackouts caused by the island's failing electricity grid, Maria Elena Veiga is a 60-year old Cuban woman who lives on the outskirts Havana....

Africa
Feb 19, 2025

Barrick Gold signss agreement with Mali for mining dispute to be resolved

Two people who are familiar with this development confirmed on Wednesday that Barrick Gold, a Canadian mining company, has signed a new deal with the Malian Government...

United Kingdom
Feb 19, 2025

Rio Tinto's profit for the full year falls to a five-year-low due to soft iron prices

Rio Tinto announced its lowest full-year earnings in five years, which also fell below expectations. Lower prices for iron ore overshadowed growth in the copper and aluminum...

Africa
Feb 19, 2025

Miner Eramet tightens belt as markets remain weak

French mining group Eramet said on Wednesday that it would trim spending this year and increase productivity gains as it continues to face unfavourable metal markets which...

United States
Feb 19, 2025

EU countries divided on whether to delay green reporting regulations

Documents seen by revealed that the European Union's largest economies are divided over whether to weaken sustainability reporting requirements for companies. Spain and Italy defend some rules,...

Fuel Oil
Feb 19, 2025

Cubans cook with charcoal in the face of a worsening energy crisis

Due to the frequent blackouts caused by the island's failing electricity grid, Maria Elena Veiga is a 60-year old Cuban woman who lives on the outskirts Havana....

United States
Feb 19, 2025

As Trump talks about a deal, Russian forces advance onto Ukraine's vital minerals

Russia, just like U.S. president Donald Trump, is envious of Ukraine's natural resource - its forces are now closing in on an enormous lithium deposit. Trump told...

Africa
Feb 19, 2025

AngloGold makes a profit on the gold price rally

AngloGold Ashanti will increase payouts to its investors, the company announced on Wednesday. The profit was $954 million, up from $46 million the year before, thanks to...

China
Feb 19, 2025

Andy Home: A tungsten-tipped solution to the West's metals crisis

The war for critical minerals is intensifying. China's response, to President Donald Trump's 10% increase in tariffs on Chinese imports, includes a restriction of exports for five...

Scandinavia
Feb 19, 2025

Global stock markets fall as traders consider Trump's tariff threat

A global index was down on Wednesday as Wall Street and European shares fell. The latest tariff threats by U.S. president Donald Trump on imports of autos,...