Latest news

United Kingdom
Jun 16, 2025

Debswana, a Botswana-based company, will approach the capital markets to finance Jwaneng underground Project

Debswana Diamond Company in Botswana is turning to the international capital market to fund its $6 billion Jwaneng Underground Project, said a director on Monday. The company's...

United States
Jun 16, 2025

TMC secures $85 million investment from Korea Zinc amid US mineral push

The Metals Co, a deep-sea miner, announced on Monday that South Korean refiner Korea Zinc would invest $85.2 millions. This will give the company a boost in...

Norway
Jun 16, 2025

Norway's parliament approves a new scheme of power subsidies for households

The Norwegian parliament passed on Monday a bill introducing fixed-price power contracts with subsidies for householders, which is the second scheme in the country to alleviate consumers'...

Oil & Gas
Jun 16, 2025

Brent Oil Futures Structure Changes Due to Israel-Iran Conflict

Investors priced in the increased likelihood of Middle East supply disruption as they traded Brent crude futures contracts for first-month delivery and those for six-month delivery on...

United States
Jun 16, 2025

MEG Energy board urges shareholders not to accept Strathcona’s $4.42 billion bid

MEG Energy, a Canadian oil company, urged Monday its shareholders to reject Strathcona Resources' hostile takeover bid of nearly C$6 Billion ($4.42 Billion), calling it inadequate and...

Greece
Jun 16, 2025

Residents are urged to leave the area as a wildfire rages.

On Monday, dozens of Greek firefighters battled to contain a wildfire which raged in a dense forest northeast of Athens and forced the authorities to order evacuations....

United States
Jun 16, 2025

NYSE parent Intercontinental Exchange will dual list on NYSE Texas

Intercontinental Exchange, parent company of the New York Stock Exchange, announced on Monday that it would list both on NYSE Texas. This will add to a long...

United Kingdom
Jun 16, 2025

Sources say that gold mining companies in Ghana and Ivory Coast are resisting tax increases.

Sources in the industry say that gold miners in Ghana and Ivory Coast refuse to pay higher taxes this year because they feel it violates their licence...

Ukraine
Jun 16, 2025

Ukraine announces that the repatriation process of war dead is over after receiving 1,245 additional bodies from Russia

Officials from Ukraine said that Ukraine received 1,245 more bodies of soldiers who died in the war against Russia, as part of the final phase of repatriation...

Switzerland
Jun 16, 2025

China approves Bunge Viterra merger, but with conditions regarding crop supply stability

China's market regulator granted conditional approval to Bunge Global's merger with Glencore's grain handler Viterra on Monday. This cleared the final hurdle in the $34 billion mega...

Kazakhstan
Jun 16, 2025

OPEC reports that Kazakhstan's oil production fell in May but was still above quota.

OPEC data released on Monday showed that the oil output in Kazakhstan has declined by 21,000 barrels a day to 1.803 millions bpd in May, but is...

Nigeria
Jun 16, 2025

Nigeria's Dangote refining company to supply fuel directly to local traders

In August, the Dangote Oil Refinery is set to begin directly supplying fuels to retailers, manufacturers, telecoms companies, and other large consumers. This could increase supply, but...

Venezuela
Jun 16, 2025

Q&A: Is Venezuela on the verge of losing its prized foreign asset, Citgo?

The final stages of a U.S.-court-organized auction for shares in Citgo Petroleum, the Venezuelan-owned parent company, have been reached. Bidders are submitting better offers and creditors hope...

China
Jun 16, 2025

Chinese data on copper demand gives rise to optimism

Prices of copper rose on Monday, after higher consumer spending raised hopes that metals demand would increase in China. By 0950 GMT, the benchmark three-month price of...

Israel
Jun 16, 2025

Kremlin: Russia is willing to mediate in Iran and accept Tehran's Uranium.

The Kremlin announced on Monday that Russia is still ready to serve as a mediator between Israel and Iran. Moscow's proposal to store Iranian Uranium in Russia...

France
Jun 16, 2025

G7 meeting seeks unity amid intensifying conflicts in Ukraine and the Middle East

Leaders of the Group of Seven nations began their annual meetings on Monday, amid the wars in Ukraine as well as the Middle East which have added...

United Kingdom
Jun 16, 2025

IAEA chief: No further damage to Iranian enrichment sites

Rafael Grossi, the U.N.'s chief nuclear watchdog, provided an update Monday on the current situation at Iran’s nuclear facilities following Israel’s military strikes. He said that there...

United States
Jun 16, 2025

Gold drops as investors focus on G7 meeting and Fed decision

Gold prices fell on Monday, as investors assessed the impact of the ongoing Israel/Iran conflict. They also focused on the Group of Seven Leaders meeting and Federal...

Malaysia
Jun 16, 2025

TotalEnergies CEO: We will double our stake in Malaysian gas assets

Patrick Pouyanne, the CEO of TotalEnergies, announced on Monday that it had doubled its investment in Malaysian assets to meet the increasing energy needs of its Asian...

Climate Change
Jun 16, 2025

EU rejects proposals to reduce reliance on Russian nuclear energy

Dan Jorgensen, EU Energy Commissioner, said that the European Commission would not be proposing measures this week to limit EU reliance on Russian nucleofuel alongside its proposals...

United Arab Emirates
Jun 16, 2025

The Gulf countries are recovering from the conflict between Iran and Israel.

The major stock markets in the Gulf recovered some of the losses they suffered in previous sessions, when the conflict between Israel and Iran escalated. Saudi Arabia's...

Japan
Jun 16, 2025

Japan's Nikkei ends higher despite Middle East conflict; Advantest soars

The Nikkei 225 index rose more than 1% in Japan on Monday. This was largely due to the 9% increase by Advantest following an upgrade of its...

China
Jun 16, 2025

Tariffs cap the rise in iron ore prices as China's demand grows.

Iron ore prices rose on Monday due to a resilient steelmaking demand, but U.S. tariffs capped gains. The daytime trading price of the most traded September iron...

Netherlands
Jun 16, 2025

Euro zone yields little changed, Middle East, Fed meeting in focus

Investors waited for the U.S. Federal Reserve policy meeting this week to assess the impact of the Middle East war on inflation and growth. Overnight, Iranian missiles...

Sri Lanka
Jun 16, 2025

Sri Lanka to hold IMF discussions on ways to attract foreign investors

Anura Kumara dissanayake, the president of Sri Lanka, said that the country plans to discuss with the International Monetary Fund strategies to attract foreign investment. This comes...

South Asia
Jun 16, 2025

Sources say that China has sold coking coal to Indonesia, a rare trade.

Sources familiar with the situation said that China shipped at least three cargoes worth of coking coal in May to processors on Indonesia's Sulawesi, invading a market...

Luxembourg
Jun 16, 2025

EIB supports Spain-France energy link with 1.6 Billion Euros

The European Investment Bank announced on Monday that it would invest 1.6 billion euro ($1.84 billion) in a power interconnector planned between Spain and France. This comes...

France
Jun 16, 2025

Markets on hold in Europe as they wait and see what happens with the Middle East

Wayne Cole gives us a look at what the future holds for European and global markets. While Israel and Iran continue their missile exchange, the markets have...

South Asia
Jun 16, 2025

IMF: Sri Lanka's economic reforms have 'no room' for mistakes, according to the IMF

Sri Lanka's economic reform program, which is supported by the IMF, has seen significant progress, but there's still more to be done in order to reduce poverty,...

Japan
Jun 16, 2025

Nippon Steel shares rise after Trump approves $14.9 billion US Steel bid

Nippon Steel's shares rose Monday after U.S. president Donald Trump approved the $14.9 billion offer for U.S. Steel. This cleared a major hurdle in their 18-month pursuit,...

Ukraine
Jun 16, 2025

Costa: It's not the right time to mess up with EU-US Trade

John Irish KANANASKIS (Alberta), June 15, 2015 - Instead of creating economic insecurity through trade tensions between the United States and Europe, the European Union's President Antonio...

China
Jun 16, 2025

Tariffs cap the rise in iron ore prices as China's demand grows.

Iron ore prices rose on Monday, as rising crude production in China's top steel-consuming country boosted sentiment. However, U.S. tariff concerns limited gains. As of 0253 GMT,...

India
Jun 16, 2025

Shanghai metals fall as Israel-Iran tensions and mixed China data weigh

The Shanghai Futures Exchange saw most metals trade lower on Monday as mixed Chinese economic data reinforced investor caution. Escalating tensions between Israel, Iran and other countries...

United States
Jun 16, 2025

Gold prices near two-month highs as Middle East conflict increases demand for safe havens

Gold rose on Monday for the fourth consecutive session, reaching a high of nearly two months, after intensified clashes over the weekend between Israel and Iran stoked...

Iran
Jun 16, 2025

G7 needs to raise pressure on Russia, von der Leyen says

Ursula von der Leyen, President of the European Commission, said that more pressure should be applied to Russia in order to secure a ceasefire. She urged G7...

Japan
Jun 15, 2025

Nikkei shares rise in Japan as yen weakens, boosting exports

Japan's Nikkei average rose Monday, despite the continuing conflict between Israel and Iran. A weaker yen was a major factor in this rise. The Nikkei rose 0.9%...

China
Jun 15, 2025

China May crude steel production rises as demand exceeds expectations

China's crude output of steel in May increased by 0.6% compared to April, as mills increased their operating rates and took advantage of the healthy profit margins...

Saudi Arabia
Jun 15, 2025

Hong Kong wants to attract Southeast Asia and Middle East companies for second listings

Hong Kong's chief executive has said that the stock exchange will be attracting listed companies from Southeast Asia and Middle East for second listings, as it looks...

United States
Jun 15, 2025

Fears of supply disruption are driving up oil prices as a result of the Israel-Iran conflict

Early Asian trade on Monday saw oil prices rise after Israel and Iran launched new attacks on Sunday. This heightened fears of escalating conflict that could lead...

Scandinavia
Jun 15, 2025

US Export-Import Bank to consider $120 million loan for Greenland Rare Earths Project

Critical Metals Corp. has received a letter expressing interest from the U.S. Export-Import Bank for a loan of up to $120,000,000 to fund its Tanbreez Rare Earths...

Iran
Jun 15, 2025

US officials claim that Trump vetoed Israel's plan to kill Iran’s supreme leader.

Two U.S. officials said on Sunday that President Donald Trump had vetoed a plan by Israel to kill Iran's supreme leader Ayatollah Ayatollah Khamenei in the recent...

Mexico
Jun 15, 2025

G7 leaders gather in Canada to avoid Trump clash

The Group of Seven Leaders will gather in the Canadian Rockies on Sunday, amid growing divisions between the United States and Canada over trade and foreign policy....

Iran
Jun 15, 2025

Oil price volatility and the Israel-Iran conflict has investors on edge

Investors were nervous ahead of the markets' reopening on Sunday evening. The risks ranged from increased prospects of a wide Middle East conflict to U.S. protests against...

Denmark
Jun 15, 2025

Macron visits Greenland as a sign of European resolve following Trump's annexation threat

French President Emmanuel Macron is visiting Greenland this Sunday in a show to Denmark of solidarity, and to send a message of European resolve following the threat...

Ukraine
Jun 15, 2025

Russian news agencies reported that Russia had handed Ukraine 1,200 more bodies of war dead.

Russian state media reported that Russia handed Ukraine 1,200 more bodies of Ukrainian soldiers who died in the war on Sunday. Moscow, they said, had not received...

Ukraine
Jun 15, 2025

Russia claims to have struck a refinery which supplies fuel to the Ukrainian army

The Russian defence ministry announced on Sunday that Russian forces had carried out a nighttime strike on the Kremenchuk Oil Refinery, which supplies fuel to Ukrainian troops...

France
Jun 15, 2025

G7 leaders gather in Canada to avoid Trump clash

The Group of Seven Leaders will gather in the Canadian Rockies on Sunday, amid a growing divide with the United States regarding foreign policy and commerce. Canada...

Israel
Jun 15, 2025

Foreign Minister: Iran will not expand conflict with Israel but will defend itself

Abbas Araqchi, the Foreign Minister of Iran, said that Iran did not want to see its conflict with Israel spread to its neighbouring countries, unless it was...

Israel
Jun 15, 2025

Yemen's Houthis launch ballistic missiles at Israel in coordination with Iran

Yemen's Iran aligned Houthis announced on Sunday that they were targeting Israel in coordination and coordination with Iran. This is the first time a group with an...

Nigeria
Jun 14, 2025

Amnesty International reports that gunmen have killed at least 100 people across Nigeria's Benue State.

Amnesty International Nigeria reported Saturday that at least 100 people were killed by gunmen in an attack on a village located in central Benue, Nigeria. In a...