Latest news

United States
Feb 9, 2025

Australia claims its steel and aluminium exports generate American jobs

The Australian trade minister has said that its aluminium and steel exports to the U.S. are crucial to shared defense interests and create "good-paying American jobs". Canberra...

China
Feb 9, 2025

Iron ore falls as Trump's tariff threats spur risk-off sentiment

Iron ore futures declined on Monday, as the latest tariff threats from U.S. president Donald Trump triggered a broad risk-off mood. However, signs of recovering China demand...

United States
Feb 9, 2025

Gold is near its highest level as Trump's threats to raise tariffs boost demand for safe havens

Gold prices rose on Monday and remained near the record high set in the previous session as investors sought to protect themselves from a possible global trade...

United States
Feb 9, 2025

BlueScope Steel, Australia's steel exporter, gains from potential US tariffs against steel imports

BlueScope Steel shares rose to their highest level in over two months on Monday. This was due to the expectation that its U.S. steel business would benefit...

United States
Feb 9, 2025

Japan's Nikkei flat as market weighs Trump tariff concerns

Investors weighed the risks of tariffs and the losses in all three U.S. indexes that occurred last week, which dragged down investor sentiment. As of 0149 GMT...

Mexico
Feb 9, 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...

Australia
Feb 9, 2025

Australia claims its steel and aluminium exports generate American jobs

The Australian trade minister has said that its aluminium and steel exports to the U.S. are crucial to the shared interests in defence and create "good-paying American...

United States
Feb 9, 2025

Profits of South Korean petrochemical companies will plunge by 2024 due to persistent oversupply

The South Korean petrochemical firms LG Chem and Lotte Chemical made losses in 2024. This was due to an oversupply that is expected to continue this year....

United Kingdom
Feb 9, 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 imports and aluminium, which...

Japan
Feb 9, 2025

Nippon Steel refuses to comment about Trump's opposition to US Steel majority stake

Nippon Steel, a Japanese company, declined to comment Monday on the statement by U.S. president Donald Trump that no one could have a majority share in U.S....

South Korea
Feb 9, 2025

Taiwan's chip industry faces a future in which China is threatening to take its share?

Taiwan's Powerchip Technology hoped that by entering into a deal in 2015 with the city of Hefei, located in eastern China, to establish a new foundry it...

Australia
Feb 9, 2025

Pilbara Minerals, Australia's Pilbara Minerals, expects to swing from a first-half loss

Pilbara Minerals, a company in Australia, said Monday that it expected to make a loss in the first half of this year as one of its processing...

United States
Feb 9, 2025

Trump announces 25% tariffs on steel and aluminum in the latest trade escalation

Donald Trump, the U.S. president, announced on Sunday he would announce new 25% tariffs for all imports of steel and aluminum into the U.S. on Monday. This...

Sudan
Feb 9, 2025

Military sources claim that Sudan will form a new government following the regaining of Khartoum.

Military sources said on Sunday that the formation of a new Sudanese Government is expected after the recapture is complete of Khartoum. This comes a day after...

United States
Feb 8, 2025

US Judge temporarily blocks Musk’s DOGE from using payment systems

A federal judge temporarily barred Elon Musk and his government efficiency team, as well as political appointees in the Trump administration from accessing systems that process payments...

Africa
Feb 8, 2025

Eastern and Southern African leaders look for a way out of Congo Conflict

The leaders of the Eastern and Southern African region met on Saturday for an unprecedented summit to find a resolution to a conflict in east Congo. Rapid...

Australia
Feb 8, 2025

Mali gold production plunges 23% in 2024

Mali's gold industrial production fell 23% last year to 51 metric tonnes from 66.5 tons by 2023, according to the West African nation's Mines Ministry. Mali, Africa's...

United States
Feb 8, 2025

Woman arrested after reporting Super Bowl reporter found dead

Police said that an arrest was made following the discovery of a dead Kansas City reporter in his hotel room after he had been covering Super Bowl...

Feb 8, 2025

NBA Roundup: Suns win in overtime with Grayson Allen and Suns.

Devin Booker scored 47 points, a new season high for him, and added 11 assists to help the Phoenix Suns beat the Utah Jazz in overtime 135-127...

Germany
Feb 8, 2025

Leaders of Eastern and Southern African blocs are seeking solutions to the Congo conflict

On Saturday, leaders from the Eastern and Southern African region blocs met in Tanzania to find a resolution to the conflict in eastern Congo. Rwandan-backed fighters have...

United States
Feb 8, 2025

Sources: Lyondell has completed the shutdown of Houston refinery

On Friday, those familiar with the plant's operations reported that Lyondell Basell Industries had completed its final shutdown at its refinery in Houston, which produces 263,776 barrels...

Wind Farms
Feb 8, 2025

Louis Dreyfus, Tidal Transit JV to Supply CTV for French Offshore Wind Farm

LD Tide, a joint venture between Louis Dreyfus Armateurs and Tidal Transit, has been selected to supply a Crew Transfer Vessel (CTV) for the operation and maintenance...

United States
Feb 7, 2025

US Judge to stop plan to send USAID workers on Leave

The Trump administration is prohibited from dismantling the U.S. Agency for International Development by a temporary, "limited" court order. The decision was announced by U.S. District Court...

United States
Feb 7, 2025

Trump: Nippon Steel to invest in US Steel but not purchase it

On Friday, U.S. president Donald Trump stated that Nippon Steel’s $14.9 billion offer for U.S. Steel will take the form an investment rather than a purchase. However,...

United States
Feb 7, 2025

The oil price is set to fall for the third consecutive week on account of tariff concerns

The oil prices ended the day with gains after new sanctions on Iran's crude imports were imposed. However, prices fell for the entire week due to investors'...

United States
Feb 7, 2025

Trump may meet Zelenskiy, Ukraine's Zelenskiy, next week

Donald Trump, the U.S. president, said on Friday that he was likely to meet with Ukrainian President Volodymyr Zelenskiy next Monday to discuss Ukraine’s war against Russian...

Oil & Gas
Feb 7, 2025

CFE Engineers Delivers Suction Piles for Chevron’s Jansz-lo Compression Project

CFE Engineers Asia, a subsidiary of provider of rigging and mooring equipment solutions Franklin Offshore, has completed the fabrication and load-out of 12 suction piles for Chevron’s...

Wind Farms
Feb 7, 2025

Kongsberg Maritime Unveils Range of T&I Solutions for Floating Wind

Kongsberg Maritime has unveiled a range of innovative methods designed to transform and industrialize the transportation and installation (T&I) of floating offshore wind turbines.The new solutions have...

Germany
Feb 7, 2025

Wall St. drops and Treasury yields increase on mixed job report and renewed tariff threats

Wall Street plunged sharply on Friday, and the benchmark Treasury yields rose in response to a mixed report on payrolls, weak data for consumer sentiment and renewed...

Fossil Fuels
Feb 7, 2025

TASS reports that Russia could ban gasoline exports in order to stabilize prices for a period of one month.

The Russian Federal Anti-Monopoly Service could impose a one-month-long ban on the export of gasoline by large producers to stabilize wholesale prices before the planting season. This...

United States
Feb 7, 2025

Gold to gain for the sixth consecutive week on demand for safe-havens

Gold prices rose Friday, and are on track to gain for the sixth week in a row as investors sought refuge in this safe-haven investment due to...

Germany
Feb 7, 2025

REFILE - Wall St. drops, Treasury yields increase on mixed jobs report and renewed tariff threats

Wall Street plunged sharply on Friday, and the benchmark Treasury yields rose in response to a mixed report on payrolls, weak data for consumer sentiment and renewed...

United States
Feb 7, 2025

Why does Trump want Ukraine's rare Earths?

Volodymyr Zelenskiy, the President of Ukraine has He is willing to make a deal with U.S. president Donald Trump, which includes U.S. participation in the development of...

Germany
Feb 7, 2025

Titan America shares soar 1.25% on NYSE debut, valued at $3 billion.

Titan America's shares rose by 1.25% on their debut at the New York Stock Exchange. The Belgian cement manufacturer now has a $2.99 billion market capitalization. The...

Canada
Feb 7, 2025

Trudeau claims that Trump's talk about absorbing Canada by the United States is a'real thing'. Source

A government source told reporters that Justin Trudeau, Prime Minister of Canada, said on Friday that Donald Trump's comments about Canada being absorbed by the United States...

United States
Feb 7, 2025

Copper prices reach three-month highs, on course for largest weekly gain since September

The copper price hit its highest level in three months and was heading for the biggest weekly gain since September, as the return to China of the...

Argentina
Feb 7, 2025

Document shows that Chile's Codelco aims to increase copper production by 1.39 million tonnes in 2025.

According to a government order that has not been published, Codelco is aiming for 1.391 metric tons this year. Documents show that the firm is also investing...

India
Feb 6, 2025

IHH Healthcare's unit wants up to $1.25 Billion from Japan's Daiichi for Fortis deal

Malaysia's IHH Healthcare announced on Thursday that its unit was seeking compensation from Japan's Daiichi Sankyo of up to 109.3 Billion Rupees ($1.25 Billion) for its stake...

France
Feb 6, 2025

Caterer Compass' first-quarter revenue beats expectations

Compass announced a 9.2% organic revenue increase in the first quarter, beating market expectations. The British catering group was able to benefit from strong demand for its...

Sweden
Feb 6, 2025

Vattenfall CEO: Europe needs new power grid interconnection and output

The CEO of Swedish utility Vattenfall stated on Thursday that Europe must increase its capacity for electricity transmission and generate fossil-free energy to ensure security. This was...

United States
Feb 6, 2025

Prices of gas in Europe rise amid lower temperatures

The wholesale gas prices in the Netherlands and Britain rose Thursday morning, as temperatures are expected to drop tomorrow and next week. The benchmark front-month contract for...

India
Feb 6, 2025

India's Prism Johnson posts profits after four consecutive quarters of losses on tax gains

Prism Johnson, an Indian manufacturer of construction materials, reported a profit on Thursday for the first quarter in five. Tax gains from previous periods helped. The company...

Sweden
Feb 6, 2025

Boliden, a Swedish miner, beats its core profit forecast but does not pay dividend

Boliden announced a higher-than-expected increase in its core earnings for the fourth quarter on Thursday, and raised its capital expenditure forecasts through 2025. This sent its shares...

Australia
Feb 6, 2025

Anglo Platinum set to see profits almost halve due to weak prices and restructuring costs

Anglo American Platinum anticipates that its headline earnings will drop as much as 46 percent in the year 2024 due to persistently low metals and costs associated...

China
Feb 6, 2025

China and Pakistan to increase cooperation in infrastructure and mining projects

China and Pakistan are upgrading and reconstructing Pakistan's rail network, and developing its Gwadar Port, while Chinese firms can invest in offshore oil and gas development of...

Spain
Feb 6, 2025

Valencia floods spark race for funding to boost climate resilience in Spain

Spain wants to get European approval for repurposing more than one billion euros in post-pandemic recovery money to make Valencia stronger against climate change. The Mediterranean region...

Germany
Feb 6, 2025

Aurubis exceeds expectations for earnings in a positive business climate

Aurubis, Europe’s largest copper manufacturer, announced a first-quarter profit pretax that was above the market expectations on Friday, boosted by an overall positive environment. Earnings before taxes...

United Kingdom
Feb 6, 2025

Anglo reduces diamond and copper production guidance for 2024

Anglo American, a global miner, announced on Wednesday a 6% drop in its copper production for the year of 773,000 metric tonnes and lowered its rough diamonds...

United States
Feb 6, 2025

ArcelorMittal will build a new steel plant to meet the demand of the auto industry in the US

ArcelorMittal announced on Thursday it will build a new advanced steel manufacturing facility at Calvert, Alabama to increase production to meet the demand of the U.S. automobile...

China
Feb 6, 2025

Iron ore declines due to supply concerns in Australia and a weaker US dollar

Iron ore futures climbed higher on Thursday due to a weaker dollar and supply problems in Australia, as investors waited for new developments regarding the trade war...