The main political group of the European Parliament has said that the next budget for the European Union must be larger than the current budget. This puts...
Alexander Shevelev said that the Russian steel industry could close down due to low demand at home and the high rouble, which reduces profitability for exports. A...
Greenland granted a permit for a project backed by the European Union to mine molybdenum. This metal is used in aerospace, defence, and energy, and China has...
Two vessel tracking companies said that Iran maintains crude oil supplies by loading tanks one at atime and moving floating storage closer to China. The country is...
Versalis is the chemical division of the Italian energy company Eni. On Thursday, Versalis unveiled a new demonstration plant for the chemical recycling mixed plastic waste based...
The six South African systematically important banks that are deemed to be the most significant passed the first climate-risk stress tests of the central bank. However, the...
Four sources familiar with plans say that European Union leaders are planning to use their summit with China in the coming month to push for better access...
Denmark will continue to prepare Ukraine for EU Membership in spite of Hungary blocking the negotiations when it takes over the Presidency of the European Council on...
On Thursday, the Indonesian president Prabowo Subianto held talks with Russian President Vladimir Putin at St Petersburg in northern Russia. They discussed ways to strengthen what some...
China's imports of iron ore are expected to be their highest month in this year in June, a sign of resilience not reflected in the steel industry's...
The dollar rose and global stocks fell on Thursday as investors sought perceived safe havens amid growing concerns about possible U.S. participation in the Israel-Iran war air...
A spokesperson for the Israeli military said that on Thursday, they had hit nuclear sites in Bushehr and Isfahan and Natanz and continued to target additional facilities....
Underwater forests teem with life in the icy waters off Chile's northern coast. Red and green towers of seaweed rise from the ocean floor. They provide food...
Oil-importing nations will not be able to avoid a blow in the event of a second energy price shock due to Middle East tensions. However, a rare...
Copper prices fell to a new low Thursday, and other base metals followed suit. The strong dollar and growing global growth concerns - amidst escalating tensions with...
The French spot electricity price increased sharply on Friday as the demand for power is expected to rise in France because of an anticipated heatwave and in...
Investors, worried about the United States' potential for a recession, pushed global stocks down and the dollar up on Thursday. During the Israel-Iran war, they sought out...
S&P Global Ratings warned in a Wednesday note that new rules by India's central banks will force lenders to rethink their underwriting procedures and prepare for higher...
The emergence of artificial intelligence and the rising cost of cleaner energy, combined with a new energy plan and the rise in costs for cleaner energy, has...
London metals prices dropped on Thursday due to a stronger dollar, while markets were focused on the developments in Israel-Iran. As of 0715 GMT, the LME's 3-month...
The iron ore futures price ended a five-day loss streak on Thursday, amid increased steel production in the world's largest consumer China. However, gains were partly offset...
A dairy farm in England’s northeast has stopped milking cows after years of flooding and low food prices. Instead, visitors are charged to cuddle the cows. Dumble...
China's imports of iron ore are expected to be their highest month in this year in June, a sign of resilience not mirrored by the steel industry's...
Oil prices dropped on Thursday as investors hesitated to make new investments after President Donald Trump sent mixed signals about possible U.S. intervention in the Israel-Iran Conflict,...
Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round.Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas...
EEW Special Pipe Constructions (EEW SPC) has loaded out the last three monopiles for RWE’s 1.4 GW Sofia offshore wind farm, being built off the U.K.’s North...
The price of iron ore futures eased on Thursday for a sixth consecutive session, as the protracted property crisis in China continued to weigh down on demand...
Gold prices rose on Thursday as the Middle East tensions boosted demand for safe-haven assets. However, the cautious U.S. Federal Reserve stance regarding future rate reductions kept...
The Shanghai Futures Exchange (SFE) and London Metal Exchange (LME) saw a largely flat price for copper on Thursday as the market focused mainly on the developments...
Nippon Steel's CEO stated on Thursday that the U.S. Government's ownership in a golden stake in U.S. Steel would not prevent it from taking management actions as...
The stock markets in Asia dipped on Thursday, while safe havens like gold and the Japanese currency gained. Investors remained on edge as they awaited the United...
Oil prices fell on Thursday, as investors were hesitant to make new investments after U.S. president Donald Trump's mixed signals about the country's possible involvement in the...
Australian shares fell to a new two-week low on Thursday morning, as miners and gold stocks were weighed down. Investor sentiment was dampened by the cautious tone...
Ternium, an American steelmaker with a large business in Mexico, demanded on Wednesday that the terms of a trade agreement for the region be strengthened ahead of...
Rio Tinto has agreed to pay $138.75m to settle a lawsuit in which investors accused the Anglo Australian mining giant of fraud by hiding problems with the...
Gold Reserve's subsidiary Dalinar Energy Corporation submitted a better bid on Wednesday for the parent company of Venezuelan-owned refiner Citgo Petroleum, as part of an auction organized...
When asked if he agrees with Israeli statements regarding a possible regime change in Tehran, Russian President Vladimir Putin responded on Thursday by saying that Iranian society...
Authorities said that Hurricane Erick was rapidly intensifying off the Pacific coast of Mexico and expected to become a major Category 3-hurricane before it makes landfall. The...
Metal industry sources reported that premiums for customers buying aluminum on the physical market of the United States dropped by more than 7% Wednesday, as traders speculated...
The gold price was little changed Wednesday, as investors waited to hear the Federal Reserve's decision on policy and Jerome Powell's comments. Platinum surged at a four-year...
The U.S. Supreme Court ruled Wednesday against Texas and the oil industry in their challenge of Nuclear Regulatory Commission's authority to license certain facilities for nuclear waste...
The companies confirmed that Nippon Steel completed its $14.9 billion purchase of U.S. Steel on Wednesday. This confirms the unusual power of the Trump administration, after 18...
The wife of an oil tycoon from Russia asked a London judge on Wednesday for a jail sentence against her husband. She claimed that he repeatedly refused...
The global markets were nervous on Wednesday, as investors waited for the U.S. to announce its interest rate later that day. Meanwhile, the escalating hostilities in the...
Where has all the aluminum gone? In the warehouses of London Metal Exchange (LME), there were 1.3 million tons of aluminium two years ago. Since then, the...
OPEC Fund For International Development pledged more than $1 billion to Africa and other developing countries as part of a broader pledge by Arab nations to spend...
Four trade sources confirmed that Indian refiners canceled orders for 65,000 tons of crude palm (CPO) due for delivery between July and September, following an unexpected surge...
Israel's Energy Minister Eli Cohen announced on Wednesday that the country will resume natural gas exports once its military deems it safe. The air battle between Israel...
