Latest news

France
Feb 5, 2025

TotalEnergies Namibia's project is smaller and later than expected

FID is expected to end in 2026, not by the end of 2025 Production capacity has dropped to 150,000 barrels a day from 160,000 The country has...

South Asia
Feb 5, 2025

UAE Non-oil Foreign Trade to Reach $817 Billion by 2024, PM Says

In a Wednesday post on X, Sheikh Mohammed bin Rashid Al Maktoum stated that the United Arab Emirates non-oil goods trade will reach a record of 3...

Scandinavia
Feb 5, 2025

Pandora's growth will be lower in 2025 following strong holiday sales in the U.S.

Danish jewellery company Pandora announced on Wednesday that it expected sluggish growth in Europe, and a slowdown in Germany following a period of strong growth. Pandora, a...

South Asia
Feb 5, 2025

India's Titan expects higher prices to be paid by bullion banks to purchase gold as the supply of gold is shrinking

The Indian jeweller Titan may have to pay a higher interest rate to lease gold from the bullion banks. These banks have increased their shipments to the...

China
Feb 5, 2025

Report finds that Chinese companies control 75% of Indonesian Nickel capacity

C4ADS, a Washington-based nonprofit global security organization, said that Chinese firms controlled about 75% (or more) of Indonesia's capacity for nickel refining, causing concern regarding supply chain...

United States
Feb 5, 2025

Draft document shows that Vietnam's new power plan targets offshore wind and gas as well as reducing gas consumption.

A draft document from the industry ministry showed that Vietnam's power production targets have been lowered for offshore wind and gas in this decade. Coal and other...

China
Feb 5, 2025

Shipping snags and tariffs between China and the US limit iron ore's fall

Iron ore futures declined on Wednesday as investors worried about trade tensions between China and the U.S., the top consumer. However, shipping problems in Western Australia helped...

China
Feb 5, 2025

Vestas' Q4 profits beat expectations

Vestas of Denmark, the largest wind turbine manufacturer in the world, announced on Wednesday that its adjusted operating profit was higher than expected for the fourth-quarter, but...

Denmark
Feb 5, 2025

Novo Nordisk, a maker of Wegovy, says that the rapid growth is driving up emissions.

The company announced on Wednesday that Novo Nordisk's emissions will grow by 23% in 2024 and continue to rise through the end decade, as the company increases...

United States
Feb 5, 2025

French and Benelux stocks: Factors to watch

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. BOUYGUES: Amazon announced Bouygues Group & AWS...

India
Feb 5, 2025

WGC: Gold demand in India will cool by 2025, as prices soar.

The World Gold Council (WGC), which announced the news on Wednesday, said that India's gold demand in 2025 will be lower than last year's nine-year high, due...

United States
Feb 5, 2025

EU advisors propose plan that would reduce corporate green reporting by one third

The European Union has asked a group of experts in sustainable finance to advise them. They have proposed a change to the rules that classify climate-friendly activities....

United States
Feb 5, 2025

Trump or BRICS? Russell: The dilemma for Africa's miner and government:

The world is likely to be splitting in two over the long-term, despite the volatility and uncertainty caused by President Donald Trump's tariffs. After removing Trump's bluster,...

France
Feb 5, 2025

Morning bid Europe-Markets confused by Trump's Gaza plan

Wayne Cole gives us a look at what the future holds for European and global markets. First of all, no one knows what to think of Donald...

Singapore
Feb 5, 2025

The fuel oil rally is expected to slow down as the market adjusts to US-Iran policies

Fuel oil margins rose after U.S. president Donald Trump reimposed tougher policies on Iran. However, trade sources expect the rally to be short-lived due to an unclear...

Israel
Feb 5, 2025

Gaza, ravaged by war, faces a multi-billion-dollar reconstruction challenge

Donald Trump, U.S. president, says Gaza could become "the Riviera of the Middle East". Under U.S. Ownership After Palestinians have been permanently relocated elsewhere. According to the...

Ukraine
Feb 5, 2025

Governor of Krasnodar says that a drone attack caused a fire at an oil depot in Russia.

The governor of Krasnodar said that a drone attack from Ukraine overnight caused a fire to break out at an oil storage depot in the southern Russian...

United Kingdom
Feb 5, 2025

Sino-US tariffs war and rising US crude stocks cause oil prices to fall

The oil prices fell on Wednesday, as market concerns about a Sino-U.S. new trade war and rising U.S. stockpiles offset President Donald Trump’s renewed push to end...

Oil & Gas
Feb 5, 2025

ABL to Provide MWS Services to Saipem for Libyan Offshore Gas Field

Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I)...

Wind Farms
Feb 5, 2025

Interocean Nets Marine Services Contract for Three UK Offshore Wind Farms

Specialist provider of offshore support services Interocean Marine Services has secured a three-year contract to provide marine vetting and assurance to the Morgan, Mona and Morven offshore...

United Arab Emirates
Feb 5, 2025

PMI shows that the non-oil sector in UAE expanded strongly in January.

A survey released on Wednesday showed that the UAE's private non-oil sector expanded strongly at the beginning of 2025 despite capacity challenges and competition. The S&P Global...

China
Feb 5, 2025

Stocks of China's tungsten producers rise on Beijing's latest restrictions

On the first trading day after the Lunar New Year's holiday, markets responded to Beijing’s new critical controls on mineral exports. China announced that it would limit...

China
Feb 4, 2025

Iron ore fails due to Sino-US tariff concerns and a sluggish China economy

The price of iron ore futures fell on Wednesday, as investors worried about heightened tensions in trade between the U.S. As of 0316 GMT, the most traded...

Canada
Feb 4, 2025

Gold reaches all-time-high on Sino-US Tariff War

Gold prices reached a record-high on Wednesday. This was boosted by fears of another trade war between China and the United States after Beijing imposed tariffs on...

United Kingdom
Feb 4, 2025

Shanghai copper reduces tensions between the US and China

Shanghai copper prices fell on Wednesday, as trading resumed following the Lunar New Year holiday. Fears of a deterioration in trade tensions with the United States and...

Israel
Feb 4, 2025

Oil prices remain unchanged as the market ignores China's tariffs, but Iran's pressure is still a factor.

The oil prices were little altered on Wednesday, after volatile trading the previous session. Investors shrugged off China's tariffs against U.S. imports of energy. President Donald Trump's...

United Kingdom
Feb 4, 2025

Andy Home: Aluminium is the base metal analysts' bullish pick for 2025

Analysts predict that the London Metal Exchange's (LME) pack of base metals will be the most successful in 2025. They also forecast a shortage of light metal...

Canada
Feb 4, 2025

Trump's tariffs are only going to make Nissan even more hurt

Nissan is the Japanese automaker most likely to suffer from Donald Trump's possible tariffs against Mexico and Canada. Nissan has the least financial resources. Although it is...

United States
Feb 4, 2025

Trump appoints McKinsey attorney to be General Counsel at Commerce Department

According to U.S. Senate Records, President Donald Trump nominated Pierre Gentin as the general counsel of the U.S. Commerce Department. Gentin is currently chief legal officer at...

Canada
Feb 4, 2025

ADM 2025 Outlook clouded by biofuel policies and trade tensions

Global grains trader Archer-Daniels-Midland is slashing costs and cutting staff to weather a commodity downturn made more challenging by uncertainty about U.S. biofuels policies and a brewing...

Germany
Feb 4, 2025

Third Point's Loeb anticipates favorable stock investing environment, says letter

Billionaire Daniel Loeb believes that 2025 will be a better year for stock investments despite Trump's unconventional approach to announcing new policies and implementing them. Loeb told...

Environment
Feb 4, 2025

Arabica coffee nears $4 per lb, a new record.

The rally in Arabica coffee continued into Tuesday. It set a new record for the ninth consecutive session, as roasters rushed to secure supplies while farmers refused...

Iran
Feb 4, 2025

Overview of Iran's Energy Industry and Infrastructure

A U.S. official has said that U.S. president Donald Trump will again reimpose the "maximum" pressure on Iran, and reduce its oil exports to zero. Iran is...

Italy
Feb 4, 2025

Donald Trump Jr. accused illegal duck hunting in Venice

According to two Italian Green Party lawmakers, Donald Trump Jr. broke Italian and European Union laws on environmental protection when he hunted a duck near Venice in...

France
Feb 4, 2025

The President of Lebanon says that he hopes TotalEnergies resumes oil and gas exploration as soon as possible

According to a press release from the president's offices, Lebanon President Joseph Aoun told Qatari Premier Sheikh Mohammed Bin Abdulrahman Al Thani on Tuesday that he hoped...

United States
Feb 4, 2025

Trump to reimpose maximum pressure on Iran and drive oil exports down to zero

A U.S. official revealed that Donald Trump plans to resume his "maximum-pressure" campaign against Iran on Tuesday in order to prevent Tehran from obtaining nuclear weapons and...

Africa
Feb 4, 2025

Africa Energy Bank to launch in mid-year with South Africa showing interest

An Afreximbank representative said that the proposed Africa Energy Bank will begin operations in mid-year of this year. South Africa has also expressed interest in joining. The...

Ukraine
Feb 4, 2025

Sources say that a drone strike in Russia has halted the fuel production of Astrakhan's gas plant for several months.

Three industry sources told Reuters on Tuesday that the Astrakhan Gas Processing Plant in Russia will likely suspend its motor fuel production for a few months following...

United States
Feb 4, 2025

After tariff storm, global stocks and currencies are able to find their footing.

The stock market and currency held steady Tuesday, as a calm uneasy settled over the markets. This was despite United States and China titt-for-tat tariffs. Mexico and...

United Kingdom
Feb 4, 2025

Andy Home: Aluminium is the base metal analysts' bullish pick for 2025

Analysts predict that the London Metal Exchange's (LME) pack of base metals will be the most successful in 2025. They also forecast a shortage of light metals...

United States
Feb 4, 2025

After tariff storm, global stocks and currencies are able to find their footing.

The stock market and currency held steady Tuesday, as a calm uneasy settled over the markets. This was despite United States and China titt-tat-ing on tariffs a...

United States
Feb 4, 2025

Gold reaches record highs as investors seek safe havens amid tariff war

The gold price reached a new high on Tuesday as investors sought the safe haven asset following China's retaliation against the U.S. after President Donald Trump's tariffs....

United States
Feb 4, 2025

Westinghouse looks to old nuclear sites in Italy for small reactors

A company official revealed on Tuesday that the U.S. energy giant Westinghouse has proposed to install small modular reactors in Italy, using sites decommissioned from nuclear power...

United States
Feb 4, 2025

Ball Corp., a can maker, beats its quarterly profit forecast thanks to lower costs

Ball Corp., a company that makes aluminum beverage cans and other products, beat Wall Street's expectations for the fourth quarter profit on Tuesday, as its cost-cutting efforts...

United States
Feb 4, 2025

Sources say Uganda has sent 1,000 additional soldiers to the east Congo, near the M23 conflict.

Four diplomatic and U.N. officials said that Uganda had deployed over 1,000 additional soldiers in east Congo during the past week, near a region where the Kinshasa...

United States
Feb 4, 2025

WEC Energy profits jump on lower operating costs

WEC Energy Group announced on Tuesday that its profit had more than doubled during the fourth quarter. The utility was able to achieve this due to lower...

United States
Feb 4, 2025

China restricts exports of strategic mineral

China announced on Tuesday sweeping export controls targeting five metals that are used in defence, clean energy, and other industries. This comes just minutes after the additional...

Germany
Feb 4, 2025

Trump's tariffs are only going to make Nissan even more hurt

Nissan is the Japanese carmaker most likely to suffer from Donald Trump's possible tariffs against Mexico and Canada. Although it is unclear if the U.S. president will...

China
Feb 4, 2025

Five metals that China has banned from export

China announced on Tuesday export controls targeting five metals that are used in defence, clean energy, and other industries. This comes just minutes after the U.S. President...

United States
Feb 4, 2025

Marathon Petroleum beats fourth quarter profit estimates on midstream strength

Marathon Petroleum, the top U.S. refining company, beat profit expectations for the fourth quarter on Tuesday. Strength in its midstream segment and in renewable diesel helped offset...