Latest news

Ukraine
Feb 14, 2025

Orban: Russia will be'reintegrated into the world economy' if the war in Ukraine ends.

Viktor Orban, the Prime Minister of Hungary, said on Friday that Russia would be "reintegrated into" the global economy and European energy system after a peace agreement...

Hong Kong
Feb 14, 2025

Asia gold-Demand drops in India and China after price spike

The demand for gold in India fell this week as prices reached a record-high, causing retailers to reduce their retail sales and force dealers to offer discounts....

United States
Feb 14, 2025

Stocks and the dollar rise as tariffs calm down

The dollar shook on Friday as investors enjoyed a temporary respite from the uncertainty of tariffs imposed by U.S. president Donald Trump. Trump's plan to impose reciprocal...

Norway
Feb 14, 2025

Aluminium producer Norsk Hydro lags profit forecast in 4th quarter

Norsk Hydro, a Norwegian aluminium manufacturer, missed its fourth quarter profit expectation on Friday. Higher costs and weaker downstream demand were only partially offset by high alumina...

Australia
Feb 14, 2025

Japan Aluminium Premiums are likely to remain high and add to inflation

Industry insiders predict that Japan's bargaining strength in quarterly premium negotiations for aluminium will continue to erode due to the slowdown in imports of primary alloys, and...

United States
Feb 14, 2025

Oil snaps three-week losing streak amid US Tariff Delays

The oil prices in Asian trade rose on Friday. They were poised to end a three-week decline. This was boosted by the rising fuel demand, and expectations...

Wind Farms
Feb 14, 2025

New UXO Removal Contractor Enters Offshore Renewables Market

Pritchard-Gordon group of companies has launched PG Renewables, a turnkey contractor providing offshore and nearshore Unexploded Ordnance (UXO) identification and clearance services for the marine energy and...

United States
Feb 13, 2025

PBF does not estimate the duration of Martinez refinery shutdown

Independent U.S. refiner PBF Energy said it has no estimate for how long its 156,400-barrel-per-day (bpd) Martinez, California, refinery will remain shut following a fire on February...

China
Feb 13, 2025

Supply shortages cause copper prices to rise three months.

Copper prices reached a three-month high on Friday due to tight supply and recent China data. Market players also assessed the impact of U.S. president Donald Trump's...

South Asia
Feb 13, 2025

Gold prices rise for the seventh consecutive week as trade war fears boost demand

Gold prices were stable on Friday, and on track for a weekly gain of seven consecutive weeks as President Donald Trump's plan to impose reciprocal duties on...

United Kingdom
Feb 13, 2025

Oil to end three-week loss streak amid increasing fuel demand

Early Friday morning, oil prices were up, ending a three-week loss streak. This was due to rising fuel demand, and the expectation that Trump's plan for global...

China
Feb 13, 2025

Iron ore prices rise in Australia due to supply disruptions caused by cyclones

The price of iron ore futures rose on Friday, and was on course for a weekly increase. This was due to increased concerns about supply disruptions caused...

United States
Feb 13, 2025

Asian stocks rise with Wall St. on tariff roadmap

Asian stocks followed Wall Street's gains on Friday. The dollar fell as investors reacted to the fact that President Donald Trump did not immediately implement his reciprocal...

India
Feb 13, 2025

What are the plans of India's EV manufacturers for their charging network?

India's carmakers have accelerated the deployment of chargers for electric vehicles as it prepares to launch new models this year. The world's No. 3 auto market is...

United States
Feb 13, 2025

Berkshire reduces its stake in DaVita to 45% by selling some shares

Berkshire Hathaway, owned by Warren Buffett, said it sold 203 091 shares of DaVita on Thursday evening, reducing the company's holdings to 35.89 millions shares. This represents...

China
Feb 13, 2025

Global Lithium names new CEO to push frozen project development

Global Lithium Resources appointed Dianmin chen to lead the company after its executive chair stepped down. Shareholders approved a new Board that wanted to move forward with...

United States
Feb 13, 2025

After inflation data and tariff plan, US Treasury yields fall to record lows.

The U.S. Treasury yields fell on Thursday as a reading of inflation fueled hope that the Federal Reserve's preferred price measure might be lower than expected. The...

United States
Feb 13, 2025

US Senators reintroduce a bill that would allow nationwide, year-round E15 sales

On Thursday, U.S. Senators reintroduced bipartisan legislation that would allow year-round nationwide sales of gasoline containing a higher percentage of ethanol. The plan has the backing of...

France
Feb 13, 2025

Paulo Castellari named as the next CEO of French mining company Eramet

Paulo Castellari, the next CEO of French mining company Eramet, was announced as its nominee on Thursday after Christel Bories decided to step down. Eramet announced that...

United States
Feb 13, 2025

After inflation data, stocks rise and US Treasury yields fall

The global stock index rose on Thursday, the first time in the last three sessions. Meanwhile, U.S. Treasury yields fell as a reading of inflation fueled hope...

Ecuador
Feb 13, 2025

Ecuador president names new finance minister, confirms interim oil minister

Daniel Noboa has confirmed Ines Manzano's position as interim Energy and Oil Minister and named Luis Alberto Jaramillo to the post of finance minister. After Luisa Gonzalez's...

United States
Feb 13, 2025

Trump announces a roadmap for reciprocal tariffs against US allies and competitors

The White House announced that President Donald Trump will unveil a plan on Thursday to impose reciprocal tariffs against every country that imposes duties on U.S. imported...

United States
Feb 13, 2025

Brooke Rollins confirmed by the US Senate to be USDA's new director

The U.S. Senate voted on Thursday to confirm Brooke Rollins as the new head of the U.S. Department of Agriculture. She is a long-time ally of Donald...

United States
Feb 13, 2025

Southern California Edison gear will ignite more fires than in previous years by 2024

In 2024, SCE equipment will ignite nearly 60% more fires No cause yet determined for the Eaton Canyon fire that SCE is being sued for SCE partially...

Africa
Feb 13, 2025

Morocco's livestock is suffering from consecutive droughts, says Agriculture Minister

According to Agriculture Minister Ahmed El Bouari, the number of cattle and sheep in Morocco has decreased by 38% since the last census was conducted nine years...

United States
Feb 13, 2025

Duke Energy increases five-year capital expenditure plan to increase power supply

Duke Energy announced on Thursday that it had increased its five-year plan for capital expenditures to $83 billion. This represents a 13.7% increase, and is to meet...

India
Feb 13, 2025

India's Modi presents a tariff as a 'gift' at the Trump negotiations

The Indian Prime Minister Narendra Modi is bringing gifts to Donald Trump's meeting on Thursday. He hopes that concessions made on tariffs and new business deals, as...

United States
Feb 13, 2025

After inflation data, stocks rise and US Treasury yields drop

The global stock index rose on Thursday, the first time in the last three sessions. Meanwhile, U.S. Treasury yields fell as a reading of inflation fueled the...

United States
Feb 13, 2025

The EPA chief wants to recover $20 billion in climate funding

He said that the head of the U.S. Environmental Protection Agency wants to terminate contracts signed by the previous administration for the distribution of $20 billion in...

Canada
Feb 13, 2025

TSX gains on tech, telecom boost; Trump's new tariffs are in sight

The main Canadian stock index rose Thursday with gains led by the telecom and tech sector, but the recent reciprocal tariff proposals of U.S. president Donald Trump...

China
Feb 13, 2025

Bolivia to launch steel plant funded by China

According to Bolivian officials, a China-funded Bolivian steel plant that was first planned more than 50 years ago will begin production this month. The output is expected...

Energy Markets
Feb 13, 2025

Sources say that the Russian oil refinery Ryazan has partially resumed operations

Two industry sources confirmed on Thursday that the Russian Ryazan oil refining plant partially resumed oil extraction and loading motor fuels into railway tanks after 18 days...

Power Markets
Feb 13, 2025

CBRE: Europe will see a record-breaking data center capacity expansion in 2025.

CBRE Group released a report on Wednesday that predicted a record number of data centres in Europe this year as companies increase their cloud computing and artificial...

India
Feb 13, 2025

Sources say that Reliance-Disney will stop offering free IPL streaming in India.

Three sources said on Thursday that the Reliance-Disney joint enterprise will no longer provide free streaming of IPL cricket games. Instead, it will use a hybrid model...

United States
Feb 13, 2025

U.S. weather forecaster: La Nina will fade and neutral conditions will emerge in March.

A U.S. forecaster stated on Thursday that La Nina conditions exist and will continue in the near future. There is a 66% probability of transitioning to ENSO...

United States
Feb 13, 2025

Gold prices rise as Trump's tariff plans cause concern

Gold prices rose on Thursday as concerns escalated about President Donald Trump's upcoming tariff plans that could further strain trade relations. As of 9:41 am, spot gold...

Greece
Feb 13, 2025

Bulgaria to sign interim water agreement with Greece before summer

The Bulgarian prime minister Rosen Zhelyazkov announced on Thursday that his government is seeking an interim agreement to resolve the impasse with Greece over an expired water...

Africa
Feb 13, 2025

The European Parliament wants to freeze EU aid to Rwanda due the Congo conflict

The European Parliament called on the European Union to stop direct budget support to Rwanda until the country breaks ties with the Tutsi M23 rebels, and grants...

Saudi Arabia
Feb 13, 2025

Saudi Arabia faces a deficit of $30.83 billion in 2024 according to the Finance Ministry

Saudi Arabia reported a fiscal surplus of 115.625 billion Riyals ($30.83billion) in 2024. Total spending grew 6% over the previous year, while oil revenues increased to 756.6...

United States
Feb 13, 2025

Canadian investors buy gold and uranium as the trade war threat grows

Canadian investors, fearing a possible trade war, are looking for protection in gold, and shares of companies that produce goods with limited substitutes such as uranium. They...

United States
Feb 13, 2025

Internal reports reveal that Russian authorities are concerned about economic risks.

Documents prepared for a government internal discussion reveal that lower oil prices, budget restrictions and a rise of bad corporate debt is among the biggest economic risks...

United Kingdom
Feb 13, 2025

Qatari royal loses UK case over "Idol's Eye" diamond

The cousin of Qatar’s ruler has lost his battle at London’s High Court against another branch of Gulf nation’s royal family in relation to a 17th-century diamond...

United States
Feb 13, 2025

Utility PPL increases capex plan on electricity demand by almost 40%

PPL Corp. increased its infrastructure investment goal for 2025-2028 to $20 billion on Thursday, nearly 40% more than its previous plan. The company is looking to protect...

Germany
Feb 13, 2025

Germany extends trusteeship over Rosneft subsidiary

The German economy ministry announced on Thursday that it will extend its trusteeship of the local subsidiaries of Rosneft, a Russian oil company, for a 5th time...

India
Feb 13, 2025

Hindalco Industries, India, beats its quarterly profit forecast on the back of improved aluminum prices

Hindalco Industries reported on Thursday a higher-than-expected profit for the third quarter, thanks to higher aluminum prices. Aditya Birla Group's company, owned by the Aditya Birla Group,...

Africa
Feb 13, 2025

Froneman, CEO of Sibanye, will retire in September

Richard Stewart, the current head of operations for the Southern Africa region of Sibanye Stillwater, will succeed Neal Froneman as CEO of the company at the end...

India
Feb 13, 2025

What plans do India's EV manufacturers have for their charging network?

India's carmakers have accelerated the deployment of chargers for electric vehicles as it prepares to launch new models this year. The world's No. 3 auto market is...

South Asia
Feb 13, 2025

India's NTPC is in talks with foreign firms about small reactors

A top executive at NTPC, India's largest power producer, said that the company is in discussions with foreign companies including those from Russia or the U.S. about...

Japan
Feb 13, 2025

Sources say that GIP has hired banks to sell Vena Energy at a valuation of up to $10 billion.

Global Infrastructure Partners (GIP), a Singapore-based renewables energy company, has commissioned Morgan Stanley and Japan’s Mitsubishi UFJ Financial Group with managing the sale of a majority stake...

Canada
Feb 13, 2025

Commodity exchange Abaxx will launch a lithium carbonate contract March 7

Abaxx, a Singapore-based commodities exchange, plans to launch on 7 March a contract for lithium carbonate that can be delivered physically at three different locations. The company...