Latest news

Climate Change
Feb 18, 2025

What is in the EU draft Clean Industrial Deal?

A draft package was revealed on Tuesday by the European Commission. The package will be proposed next week to help EU industry stay competitive and reduce their...

Myanmar
Feb 18, 2025

Tin prices hit 4-month peak on declining stocks, tight supplies

Prices of soldering tin reached four-month highs Tuesday due to concerns about the supply from Indonesia, a major producer. Also, stocks registered at the London Metal Exchange...

United States
Feb 18, 2025

The price of gas in Europe has risen on the news that EU is working on flexible storage targets

Dutch wholesale gas contracts recovered earlier losses which sent prices to near four-week lows. Prices also rose after an EU draft will be working on more flexible...

United States
Feb 18, 2025

NOPA US soybean crush in January drops to 200.383 millions bushels

According to data released by the National Oilseed Processors Association on Tuesday, U.S. soybean processors crushed their second largest volume of soy beans ever in January. This...

Turkey
Feb 18, 2025

Tupras, Turkey's largest refiner, has stopped buying Russian crude after sanctions

The company stated on a conference call after releasing its earnings that the largest Turkish oil refiner, Tupras, has stopped purchasing Russian crude due to U.S. sanctioned...

South Asia
Feb 18, 2025

Qatar invests $10 billion in India

Qatar has pledged to invest $10 billion in India in various sectors. The two nations announced this in a statement released on Tuesday after Qatar's Sheikh Tamim...

Brazil
Feb 18, 2025

Brazil's Government Split over Multi-Billion Dollar Nuclear Plant Completion?

Two sources said that the Brazilian government is split over the completion of its third nuclear plant, after 40 years in construction. The country's economic team wants...

United Kingdom
Feb 18, 2025

Gold prices rise as Trump's tariffs fuel demand for safe-haven assets

Gold prices rose Tuesday, as investors sought safe havens in gold amid concerns about economic growth caused by uncertainty over President Donald Trump's tariff plan. As of...

Germany
Feb 18, 2025

The CDU Conservatives, the favourites in German elections

The CDU and CSU, the conservative Christian Democratic Union of Germany and their Bavarian sister parties, are leading the polls ahead of the elections on February 23,...

Natural Gas
Feb 18, 2025

Document shows that the EU Commission will propose to help de-risk energy deals

A draft of the Clean Industrial Deal, which was released on Tuesday, showed that the European Commission would propose next week a wide range of measures designed...

United States
Feb 18, 2025

Constellation Energy beats profit estimates on data center-driven power demand

Constellation Energy, a U.S. energy company, beat Wall Street's estimates for the fourth quarter profit on Tuesday. The lower expenses and higher demand for electricity helped. Energy...

United States
Feb 18, 2025

Vulcan Materials reports quarterly results that are above expectations due to strong pricing and demand

Vulcan Materials' shares rose more than 4% in the first quarter of the year, thanks to a strong aggregates market and robust pricing. The Birmingham-based company reported...

United States
Feb 18, 2025

US and Russia agree to begin pushing for peace in Ukraine. State Dept.

The State Department stated that the United States and Russia had agreed to begin working together to resolve "irritants" in the U.S. - Russia relationship, and to...

China
Feb 18, 2025

Chinese lithium company stops tech exports due to trade tensions

The Chinese company stopped exporting an equipment that was used to process lithium metal for electric vehicle batteries. This is the clearest indication yet that manufacturers have...

United Kingdom
Feb 18, 2025

Gold gains continue as Trump tariffs drive safe-haven flows

Gold prices rose on Tuesday for the second consecutive session, but they traded below their all-time high as concerns about economic growth and flows to safe havens...

United States
Feb 18, 2025

Draft document reveals EU plans to restrict imports of crops treated with banned pesticides

A draft document from the European Commission revealed that the European Union plans to tighten restrictions on imported crops that are treated with pesticides prohibited in Europe....

United States
Feb 18, 2025

Entergy's lower production costs for electricity helped it to beat quarterly profit expectations

Entergy, the electric utility, beat its fourth-quarter profit expectations on Tuesday thanks to lower operating costs and increased electricity demand. In premarket trading, shares of the company...

United States
Feb 18, 2025

US paper industry asks Trump for a lighter EU deforestation rule

The U.S. pulp and paper industry is lobbying the administration of President Donald Trump to ask the EU for a declaration that the United States are deforestation...

Iran
Feb 18, 2025

In January, the US was India's top oil supplier.

Data obtained from sources in the trade show that India's oil imports to the United States increased sharply from December to January, making Washington the fifth largest...

South Asia
Feb 18, 2025

India's Reliance launches its own-grown cola brand "Campa" in UAE

Reliance Consumer products, an Indian company, launched Campa Cola in the United Arab Emirates on Tuesday. This was the first time the brand had entered the global...

Kenya
Feb 18, 2025

As the RSF prepares its political charter, it launches attacks that leave many dead.

Over 200 people have been killed in attacks by Sudan's Rapid Support Forces over the last three days, according to activists on Tuesday. The paramilitary group has...

United States
Feb 18, 2025

Diamondback Energy expands Permian presence through $4.08 billion deal

Diamondback Energy, an oil and gas company, announced on Tuesday that it will buy certain units from EnCap-backed energy producers Double Eagle for approximately $4.08 billion in...

Germany
Feb 18, 2025

European Arms Makers Expand Rally on Ukraine Talks

Shares of European arms manufacturers continued to rise on Tuesday, although at a slower rate, as they anticipated higher defence spending ahead of the talks between U.S....

United Kingdom
Feb 18, 2025

Copper prices fall on stronger dollar, Ukraine uncertainty, and tariffs

The copper price fell on Tuesday due to a stronger dollar and the uncertainty around talks to end Ukraine's war. The London Metal Exchange's (LME) three-month copper...

United States
Feb 18, 2025

Gold gains continue as Trump tariffs drive safe-haven flows

Gold prices rose on Tuesday for the second consecutive session, but they traded below their recent highs as concerns about economic growth and flows to safe havens...

Brazil
Feb 18, 2025

Brazil's Government Split over Multi-Billion Dollar Nuclear Plant Completion?

Two sources said that the Brazilian government is split over the completion of its third nuclear plant, after 40 years in construction. The country's economic team has...

Oil & Gas Refining
Feb 18, 2025

LSEG data shows that the diesel East-West spread has reached a record high.

The East-West spread in the front-month for diesel with 10ppm sulphur reached its largest discount in a year, according to LSEG data. Asian prices have been hammered...

United Kingdom
Feb 18, 2025

Thames Water debt lifeline offers relief, but challenges remain

Thames Water, Britain’s largest water supplier, with 16 million customers secured a lifeline of 3 billion pounds on Tuesday. This prevented nationalisation, and gave it time to...

Moldova
Feb 18, 2025

Ukraine gas imports will rise by 8% on February 2, driven by freezing temperatures and Russian attacks

The operator of the national gas transmission system revealed that Ukraine will increase natural gas imports on Tuesday by 8%, to 26,7 million cubic metres. Gas imports...

Canada
Feb 18, 2025

Ex-Lundin, Glencore executives launch firm to hunt for copper and gold assets

Former Glencore executives and Lundin executives set up a mining shell company in order to buy gold, silver, and copper assets across the Americas. The aim is...

United States
Feb 18, 2025

London court approves UK's Thames Water Debt Lifeline

The court approved a debt relief of 3 billion pounds ($3.8 billion), preventing the nationalisation of Britain's largest water provider in the short-term and giving the company...

Czech Republic
Feb 18, 2025

Samurai loan raised by Czech investor Kretinsky’s EPH for the first time, $527 million

The Czech energy group EPH is controlled by billionaire Daniel Kretinsky. As part of its efforts to diversify access to funding, the company announced that it raised...

South Asia
Feb 18, 2025

Indian exports are uncertain due to Trump's tariffs

Citi Research analysts estimate that potential losses could be as high as $7 billion per year. Officials from the government are waiting for details on how tariffs...

Spain
Feb 18, 2025

Europe stocks continue record run on defence sector boost

The European share market reached a new high on Tuesday, as defence stocks rose on the prospect of higher military spending in the area. However, a Capgemini...

Chile
Feb 18, 2025

Antofagasta mine's core annual profit increases by 11%

LONDON, February 18 - Chilean Copper Miner Antofagasta reported an 11% increase in annual core profits on Tuesday, thanks to higher metal prices. EBITDA (earnings before tax,...

Singapore
Feb 18, 2025

Anglo American sells nickel business up to $500 Million

Anglo American announced on Tuesday that it would sell its nickel mining business to an MMG Ltd unit listed in Hong Kong for up to $500m. A...

China
Feb 18, 2025

Iron ore prices rise as China's demand is a major factor.

Iron ore futures rose on Tuesday as expectations of a stronger stimulus package from China, the world's largest consumer, and improved downstream steel demand boosted sentiment. The...

China
Feb 18, 2025

Copper prices are little changed as contract expires; US-Russian talks focus

The price of copper traded within a narrow range on Tuesday, as traders moved forward their positions in anticipation of a contract that expires this week. Meanwhile,...

Sweden
Feb 18, 2025

Riksbank is worried about the rise in headline inflation in Sweden during January

The Statistics Office (SCB), which measures consumer prices using a fixed rate of interest, reported that the price index in Sweden rose by 0.4% from January to...

United States
Feb 18, 2025

European shares soar to record levels on hopes for peace in Ukraine

European futures reached record highs on Tuesday, as defence stocks soared amid expectations of a boost in spending. Meanwhile, Hong Kong shares were nearing three-year highs after...

Wind Farms
Feb 18, 2025

Kongsberg Maritime to Equip Bibby Marine’s Fully-Electric CSOV

Kongsberg Maritime has secured a contract to supply an integrated package of equipment for Bibby Marine’s new electric Commissioning Service Operation Vessel (eCSOV), the world’s first fully-electric...

Indonesia
Feb 18, 2025

Indonesia amends its mining law to improve access and support processing

The Indonesian parliament passed on Tuesday a bill that will revise its mining law. It is intended to boost the development of domestic mining industries and regulate...

South Korea
Feb 18, 2025

European shares reach record highs amid hopes for peace in Ukraine

European futures reached record highs on Tuesday, as defence stocks soared amid expectations of a boost in spending. Meanwhile, Hong Kong shares were nearing three-year highs after...

United States
Feb 17, 2025

Gold prices rise as demand for safe havens increases amid uncertainty over Trump's tariff plans

Gold prices rose on Tuesday, as the uncertainty surrounding President Donald Trump's proposed tariffs continued to dominate sentiment. This drove demand for safe haven assets amid fears...

China
Feb 17, 2025

Iron ore supply is recovering, but China's stimulus plans are not working.

Iron ore futures were traded in a narrow range on Tuesday as investors weighed the recovery of shipments from Australia, a major supplier, against the expectations that...

China
Feb 17, 2025

Copper prices drop ahead of expiry date; US-Russian talks are in focus

The copper price fell on Tuesday, as traders moved forward positions in anticipation of expiry. Meanwhile, attention was focused on the U.S. effort to end Moscow's almost...

Sweden
Feb 17, 2025

Financial Times - 18 February

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Headlines Starmer promises to "spend...

United Kingdom
Feb 17, 2025

Andy Home: Congo is China's strategic supplier of copper

China's massive investment in mining in the Democratic Republic of Congo is paying off in the form of a surge in physical copper imports. In 2024, the...

Indonesia
Feb 17, 2025

The Indonesian Parliament is set to vote on amending the mining law

The Indonesian parliament will vote on a new mining law on Tuesday to promote the development of the domestic mineral processing industry and to regulate mining permits...

Australia
Feb 17, 2025

BHP's first-half profit falls by 23% due to lower iron ore price

BHP Group announced a 23% drop in its first-half profit underlying on Tuesday, as lower iron ore prices due to a slowdown in the Chinese real estate...