Latest news

Luxembourg
Feb 10, 2025

The dollar rises and stocks advance after the latest tariff threat

Dollar rose for the third consecutive session on Monday, after U.S. president Donald Trump warned about more tariffs including steel and aluminium. A gauge of global stock...

Environment
Feb 10, 2025

Coffee sales in New York rise 6%, a new record high amid 'panic purchasing'

Coffee futures in New York increased by more than 6% Monday on the ICE exchange, reaching a new all-time record above $4.30 a pound. Some market participants...

Canada
Feb 10, 2025

FOREX Dollar gains slip, while others are affected by tariff threats

The U.S. Dollar gained on Monday, after President Donald Trump announced 25% tariffs on imports of aluminum and steel. Meanwhile, the Canadian dollar, Japanese Yuen, Euro and...

Mining
Feb 10, 2025

What drives the gold market and how investors buy it?

Gold reached a record-high above $2,900 an ounce on Sunday as investors fled to the precious metal in fear of a global trade war sparked by U.S....

United States
Feb 10, 2025

The US copper premium has reached a record high after Trump tariffs

Copper prices in the United States soared Monday, after U.S. president Donald Trump announced his intention to impose tariffs on industrial metals. By 1820 GMT the premium...

Ecuador
Feb 10, 2025

Ecuador's bonds tumble after election stalemate

Ecuador's government bond prices plunged Monday, after a tight result in the presidential election surpassed market expectations of a victory for Daniel Noboa. The center-right Noboa, and...

Switzerland
Feb 10, 2025

Trinidad increases revenue from LNG sales following contract revamp

Stuart Young, the energy minister of Trinidad and Tobago (the largest producer in Latin America and Caribbean) said that the government is generating more revenue through LNG...

Colombia
Feb 10, 2025

Minister says Colombian deforestation will be lowest in 23 years in 2024.

According to Environment Minister Susana Muhamad, the deforestation rate in Colombia is projected to increase in 2024 compared to the previous year. However, it is still expected...

United Kingdom
Feb 10, 2025

Oil prices climb despite trade war concerns

The oil prices recovered on Monday, after a third consecutive week of declines. Investors remained concerned that U.S. president Donald Trump could start a new trade war....

United States
Feb 10, 2025

The dollar edged up and stocks rose as the latest tariffs swirled

The dollar rose slightly after U.S. president Donald Trump warned about additional tariffs including those on steel and aluminum. Meanwhile, a global stock index shook off worries...

United States
Feb 10, 2025

Gold bulls have their sights set on a $3,000/oz milestone

The latest tariff threats from U.S. president Donald Trump have sparked a new gold rush. This has pushed the metal into new heights, and brought the $3,000...

Canada
Feb 10, 2025

Gold miners' earnings affected by inflation, labor costs

Analysts said that higher labor costs and inflation would continue to impact gold miners' profit margins into 2025. However, the rising price of yellow metal will still...

United Arab Emirates
Feb 10, 2025

Saudi Neom, DataVolt sign agreement for $5 billion AI project

Saudi Arabia's NEOM (a Red Sea industrial and urban development) has signed a contract with DataVolt for the development of a net zero artificial intelligence 1.5 gigawatt...

China
Feb 10, 2025

President says Mexico will wait for potential Trump tariffs on steel and aluminum before reacting.

Mexico, the top steel exporter to the United States will wait until President Donald Trump announces new tariffs on imports of aluminum and steel before reacting to...

Africa
Feb 10, 2025

Botswana to see 3.3% growth by 2025 due to a rise in the diamond market

Botswana is expected to grow by 3.3% in 2019 after contracting in 2024 due to a recovery in the diamond market worldwide, the country's finance minister announced...

Mining
Feb 10, 2025

Nornickel, a Russian company, says its net profit for 2024 will fall 37%

Nornickel of Russia, a world leader in the production of refined nickel, palladium and other metals, reported a 37% drop in its net profit for 2024 to...

Ukraine
Feb 10, 2025

Ukraine's steel production in January rises despite a coking coal mine shutdown

The Ukrainian Steel Producers' Union reported that the raw steel production in Ukraine increased by 12.3% to 611,000 tons in January 2025, despite the loss of its...

United States
Feb 10, 2025

The Canadian dollar slips as tariff threats threaten to increase FOREX-Dollar gains

The U.S. Dollar gained on Monday, after President Donald Trump announced 25% tariffs on imports of all steel and aluminum. Meanwhile, the Canadian dollar was one of...

South Asia
Feb 10, 2025

NALCO, India's largest commodity company, beats its quarterly profit forecast on the back of improved commodity prices

India's National Aluminium Company reported a third-quarter profit that was above analyst estimates on Monday. The strong commodity price environment helped to boost the company's profits. The...

Brazil
Feb 10, 2025

Brazil will impose levies on US technology firms following Trump's steel tariffs

The newspaper Folha de S.Paulo published a report on Monday that the Brazilian government plans to tax U.S. technology companies if Donald Trump follows through with his...

Brazil
Feb 10, 2025

BTG Pactual's net income for Q4 rose 15% despite macro-challenges

BTG Pactual, a Brazilian bank, reported a net profit of 3,28 billion reais (568.12 million dollars) for the fourth quarter of 2018. This is up 15% from...

Climate Change
Feb 10, 2025

Draft shows EU's plans to simplify rules for farm subsidies worth billions of dollars

Draft documents seen by revealed that the European Union has plans to simplify the rules governing their massive farming subsidy program, as Brussels seeks to reduce the...

India
Feb 10, 2025

Modi's US Visit raises Industry Hopes amid Tariff Threats

The Indian Prime Minister Narendra Modi is on a two day visit to the United States starting Wednesday. He will be expected to suggest tariff reductions and...

Africa
Feb 10, 2025

South Africa suspends the search for illegal miners trapped in South Africa's mines due to safety concerns

Safety concerns led the South African authorities to suspend rescue operations on Monday for an unknown number of illegal miners allegedly trapped in a mine shaft abandoned...

Poland
Feb 10, 2025

Poland's Tusk anticipates $160 billion in investment by 2025 to spur the growth

The total amount of investment in Poland will likely exceed 650 billion Zlotys ($160 Billion) by 2025, according to Prime Minister Donald Tusk, who announced a package...

United Kingdom
Feb 10, 2025

The UK's PM's spokesperson says that the UK hasn't seen any details about Trump tariffs on steel and cannot estimate their impact.

A spokesman for British Prime Minister Keir starmer stated on Monday that the UK has not yet seen any details about President Donald Trump's proposed tariffs on...

India
Feb 10, 2025

Industry says that India's aluminum exports to US are likely to fall due to tariffs.

India's aluminium exports to the U.S. will drop because of tariffs proposed by Washington. This will prompt producers to consider other markets, such as Europe. Industry executives...

United States
Feb 10, 2025

Aluminium prices rise after Trump flags new US import tariffs

London aluminium prices increased on Monday, and copper traded at the U.S. Comex Exchange widened its premium over the London benchmark. This was after U.S. president Donald...

Syria
Feb 10, 2025

Investment chief: Sanctions against Syrian banks thwart recovery efforts

Western sanctions on Syria’s banking sector prevent critical investments in the war ravaged economy, despite the huge interest shown by Syrian and foreign investors following the fall...

United States
Feb 10, 2025

One US manufacturer's mad rush north was prompted by looming tariffs

Stephen Bullock woke up to an urgent call from his Toronto-based distributor, who was concerned about what appeared to be a U.S. vs. Canada trade war. In...

Spain
Feb 10, 2025

AMERICAS MORNING BID-Tariff Pains? Dr Copper is here to see you right now

Amanda Cooper gives us a look at what the U.S. market and global markets will be like today. Donald Trump has surprised us with another set of...

Africa
Feb 10, 2025

South African rand and bonds fall on Trump's new tariff threat

South Africa's bonds and rand fell on Monday, after U.S. president Donald Trump announced new tariff plans. This added to concerns over a possible global trade war....

Environment
Feb 10, 2025

IKAR reduces its 2024/25 forecast for wheat exports to 43 million tonnes

IKAR, a Russian consultancy, cut its forecast for 2024/25 of wheat exports to 43 million metric tonnes from 43.5 millions tons on Monday. The main reasons were...

Crude Oil
Feb 10, 2025

Stocks shrug off tariff threats and gain gains

The dollar edged up on Monday, after U.S. president Donald Trump warned that more tariffs would be imposed in the near future. These included steel and aluminum....

United States
Feb 10, 2025

EU to react to U.S. Steel Tariffs, but awaits Details

The European Commission announced on Monday that it would act to protect EU interest after U.S. president Donald Trump announced impending metals duties, but it said it...

United States
Feb 10, 2025

Johnson Matthey UK namess Richard Pike CFO as part of leadership change

Johnson Matthey, a British auto catalyst manufacturer, announced on Monday that Richard Pike, an outsider, would be appointed chief financial officer and that Chairman Patrick Thomas would...

United States
Feb 10, 2025

Shares of European steelmakers hit by Trump's latest tariff plans

After U.S. president Donald Trump announced new tariffs for steel and aluminum imports, shares of European steelmakers fell. These companies account for 15% of all imports to...

Nigeria
Feb 10, 2025

Executive says Nigeria's Dangote Refinery will operate at full capacity within 30 days.

The head of the refinery announced on Monday that the Nigerian Dangote Oil Refinery, Africa's biggest, could start operating at full capacity within 30 days. The 650,000-barrel-per-day...

Germany
Feb 10, 2025

Germany's election: polls, parties, and policy debates

Germany will hold an immediate national election on February 23 after the collapse of the three-way coalition led by Chancellor Olaf Scholz. The main political parties, their...

China
Feb 10, 2025

Iron ore is at a multi-month high, as improved fundamentals overshadow Trump's tariff threat

Iron ore futures rose on Monday, as signs of a recovering Chinese demand and falling shipments by major suppliers offset earlier losses caused by U.S. president Donald...

United Kingdom
Feb 10, 2025

Source: India will miss the February deadline for a tougher climate plan

One government official stated that India would miss the deadline of February to submit the next round national climate action plans as required by the UN Paris...

India
Feb 10, 2025

Investors weigh Trump tariff threats as they consider London aluminium flat

London's aluminium prices remained flat on Monday, as traders weighed the risks of a major war in trade after U.S. president Donald Trump announced he would impose...

United States
Feb 10, 2025

Markets react to Trump’s tariffs on imports of steel and aluminum

Donald Trump, the president of the United States, announced on Sunday that he would impose new tariffs of 25% on all imports of steel and aluminum into...

United States
Feb 10, 2025

Where do the U.S. steel and aluminum come from?

Donald Trump, the U.S. president, announced on Sunday that he would impose 25% tariffs on steel and aluminum imported into the United States. This is in addition...

China
Feb 10, 2025

All tariffs at all times.

Wayne Cole gives us a look at what the future holds for European and global markets. The week began with the now-common bang of President Trump using...

United Kingdom
Feb 10, 2025

Oil prices rise as investors consider new US tariffs

The oil prices rose on Monday as investors considered the latest threat from U.S. president Donald Trump to impose tariffs on all steel and aluminum imports. This...

South Korea
Feb 10, 2025

Donald Trump's trade threats and tariffs

Since Donald Trump returned to office in the United States last month, he has imposed numerous tariffs on imported goods and threatened to do so more frequently....

United Kingdom
Feb 10, 2025

Aluminum prices rise on supply concerns after Trump tariff threat

Aluminum prices increased on Monday as a result of supply concerns after U.S. president Donald Trump announced he would impose new tariffs of 25% on all steel...

Japan
Feb 10, 2025

Japan's Nikkei falls as the market considers Trump tariff threats

Japan's Nikkei average fell on Monday as investors assessed new U.S. Tariff risks. Losses across Wall Street’s three major indices last week also dragged down market sentiment....

China
Feb 9, 2025

China renewable stocks slide after state planner scales back subsidies

After the market opened on Monday, Chinese renewable energy stocks dropped as much as 3,7% following an announcement made by the National Development and Reform Commission about...