Latest news

Singapore
Jun 17, 2025

Actis observes a growing interest from investors in sustainable infrastructure in emerging areas

Actis, the London-based global investor in infrastructure, has seen a growing intra-trade between growth markets, and an increased interest from investors in sustainable infrastructure projects. This is...

United States
Jun 17, 2025

Wall Street to open at lower levels as Middle East conflict continues

Wall Street's major indexes are on course for a lower opening on Tuesday, as the Israel/Iran conflict enters its fifth day. This has dented global investor confidence...

United States
Jun 17, 2025

Solar stocks fall on Senate proposal of phase-out tax credits by 2028

U.S. Solar stocks fell in premarket trade on Tuesday, after a Senate committee proposed to phase out solar and wind credits by 2028. This proposal was part...

Germany
Jun 17, 2025

Daimler Truck reports that concerns about rare earth supplies have led to an increase in inventory.

After a press conference in Gothenburg, Tuesday, CEO Karin Radstrom said that Daimler Truck had increased its inventory in the short-term due to difficulties in obtaining key...

Africa
Jun 17, 2025

Kenyans protest the death of a blogger and one person is killed

Nairobi, the capital of Kenya, saw one death on Tuesday as protests were sparked after the death of a journalist in police custody. The death has sparked...

Brazil
Jun 17, 2025

Pictet fined for money laundering by Switzerland

The Swiss Attorney General's Office handed a former wealth management at Pictet Bank an eight-month prison term with a suspended sentence, and fined the bank for money...

Iran
Jun 17, 2025

China builds up a crude-oil war chest amid Middle East tensions, says Russell

China continues to accumulate crude oil stocks, despite the fact that it refines less crude oil than it can produce or import. The world's largest oil importer...

United States
Jun 17, 2025

Wall Street futures fall as Mideast conflict continues

U.S. index futures fell on Tuesday, as the Israel/Iran conflict entered its 5th day. This dampened global investor confidence in advance of the Federal Reserve’s upcoming decision...

Indonesia
Jun 17, 2025

Indonesian Prabowo will hold talks with Putin in order to cement the'strategic relationship'

The Indonesian president Prabowo will meet with Russian President Vladimir Putin this week in order to discuss ways to strengthen what their respective foreign ministers described on...

Africa
Jun 17, 2025

Mali begins construction on a gold refinery backed by Russia

Mali started construction on a new gold refinery, backed by Russia, Monday. The West African nation's military chief said that the project would bring it closer to...

United States
Jun 17, 2025

Fico, Fico: Slovakia close to deal with US Westinghouse nuclear reactor

Robert Fico, the Prime Minister of Slovakia, said that a deal is being finalized with Washington to build a nuclear reactor by Westinghouse in central Europe. Slovakia...

Nigeria
Jun 17, 2025

Gunmen kill 100 people in Nigeria, leaving behind charred corpses and shattered lifes

Fidelis Adidi was chased out of Yelwata, a village in central Nigeria by gunmen who attacked at night. He returned the next morning to find one of...

United Kingdom
Jun 17, 2025

Dollar firmer, copper eases due to growth concerns

The price of copper fell on Tuesday, as the escalating tensions between the Middle East and the United States heightened concerns about the global economy and the...

United States
Jun 17, 2025

Solar stocks fall after Senate proposal to phase-out tax credits by 2028

U.S. Solar stocks fell in premarket trade on Tuesday, after a Senate committee proposed that solar and wind energy credits be phased out completely by 2028. This...

United States
Jun 17, 2025

Wall Street futures fall as Mideast conflict continues

U.S. index futures fell on Tuesday, as the conflict in the Middle East entered into its fifth day. This dampened global investor confidence before the Federal Reserve’s...

Germany
Jun 17, 2025

Germany does not plan strategic gas reserves, Economy Ministry says

A spokesperson for the Economy Ministry said that Germany does not plan to create a national reserve of gas, as recent legislation requiring different filling levels in...

France
Jun 17, 2025

Germany is down on wind turbines, but France has a nuclear deal with Germany

The wholesale electricity market in Europe showed mixed results on its two major markets on Tuesday morning. French prices rose on tighter supply locally, while German prices...

Mexico
Jun 17, 2025

Trump claims that the EU is not offering a fair trade deal and Japan is also 'tough.'

U.S. president Donald Trump said that Treasury Secretary Scott Bessent stayed in Canada for the G7 summit, and suggested Japan is being "tough' in trade negotiations and...

United States
Jun 17, 2025

Gold prices steady as markets focus on Middle East conflict and Fed decision

Gold prices were unchanged on Tuesday, as investors assessed the conflict between Israel & Iran and looked forward to this week's U.S. Federal Reserve policy meeting. As...

Spain
Jun 17, 2025

EDPR, a renewable energy company, sticks to its US plans despite tax credits cuts

EDP? EDP? The Republican-controlled U.S. House of Representatives approved a budget reconciliation bill last month, which weakens clean-energy tax credits included in the 2022 Inflation Reduction Act....

China
Jun 17, 2025

IEA: World oil demand will continue to grow this decade despite China's peak in 2027

The International Energy Agency announced on Tuesday that global oil demand would continue to grow until the end of the decade, despite a peak in China's top...

United States
Jun 17, 2025

Putin's energy point person says that more oil is needed globally

The Russian energy point person for President Vladimir Putin said that the world needed more oil, and OPEC+ was ready to make adjustments if necessary amid the...

China
Jun 17, 2025

Dalian iron ore prices steady as traders evaluate mixed Chinese macro-data

Dalian iron ore prices were little changed Tuesday, as traders assessed mixed macroeconomic indicators and the resilient steel demand of top consumer China. The day-trade price of...

United Kingdom
Jun 17, 2025

Thames Water's crumbling assets are a sign of the challenges ahead as it fights to survive

The sheer volume of waste entering Thames Water’s Mogden Sewage Works in southwest London, overwhelms the 90-year old concrete tanks. This forces the utility to pump excrement...

Scandinavia
Jun 17, 2025

Volvo Group and Daimler to form technology joint venture to reduce costs

AB Volvo, a European truckmaker rival, and Daimler Truck, a European truck manufacturer, hope to reduce costs and rely less on suppliers through collaborating on implementing a...

Mining
Jun 17, 2025

WGC survey: Central banks prefer gold to dollar as reserves

A survey by the World Gold Council showed that central banks expect to see their gold reserves as a percentage of their reserve increase in the next...

United States
Jun 17, 2025

Analysts say that Le Vot and Stellantis' Picat could be included in Renault's search for a new CEO.

The sudden departure of Luca de Meo as CEO of Renault has sparked a search for a successor. Analysts have mentioned longtime insider Denis Le Vot, and...

Australia
Jun 17, 2025

Australian accused of mushroom killings had no motive to kill, court heard

The lawyer for an Australian woman accused in the murder of three elderly relatives by her estranged spouse using toxic mushrooms in a meal had told the...

Indonesia
Jun 17, 2025

Profit taking by palm oil rivals Chicago soyoil

The Malaysian palm futures market extended its losses on Tuesday. This followed three consecutive sessions of gains. It was dragged lower by a drop in soyoil prices...

Iran
Jun 17, 2025

China builds up a crude-oil war chest amid Middle East tensions, says Russell

China continues to accumulate crude oil stocks, despite the fact that it refines less crude oil than it can produce or import. The world's largest oil importer...

United States
Jun 17, 2025

Oil prices rise as Iran-Israel conflict creates uncertainty

On Tuesday, oil prices rose on fears that the conflict between Israel and Iran could intensify. This would increase the risk of unrest in the Middle East...

China
Jun 17, 2025

London metals drop as the dollar strengthens and Middle East tensions increase

The prices of metals fell in London on Tuesday due to a stronger U.S. Dollar and the escalating tensions with Israel and Iran. As of 0246 GMT,...

Oil & Gas
Jun 17, 2025

ADNOC-Led Consortium Makes $18.7B Bid to Buy Australia’s Santos

Australia's second-largest gas producer Santos said on Monday it intended to support an all-cash $18.7 billion takeover bid from an international consortium led by Abu Dhabi's National...

Wind Farms
Jun 17, 2025

EnBW, DHL Group Ink PPA for He Dreiht Offshore Wind Farm

EnBW Energie Baden-Württemberg (EnBW) and Bonn-based DHL Group have signed a power purchase agreement (PPA) for the electricity that will come from the 960MW He Dreiht offshore...

Italy
Jun 17, 2025

Petronas estimates that the proposed ENI joint venture will take between one and two years to set up.

Petronas anticipates that it will take between one and two years to establish a joint venture proposal with Italian energy group Eni for some upstream assets located...

China
Jun 17, 2025

Dalian iron ore falls as traders evaluate mixed Chinese macro-data

Iron ore prices fell on Tuesday, as traders assessed mixed macroeconomic reports from China's top consumer. However, resilient steel mill profit lent some support. As of 0255...

South Asia
Jun 17, 2025

GRAINS - Chicago soybeans fall on favorable weather and weaker soyoil

Chicago soybean futures declined on Tuesday after a two-day rally, due to favorable weather conditions for U.S. crops and lower soyoil price. As of 0222 GMT the...

Singapore
Jun 16, 2025

Singapore exports fall unexpectedly by 3.5% in May

Singapore's domestic non-oil exports dropped 3.5% from the same period a year ago, according to government data released on Tuesday. This was in contrast with analyst expectations,...

Singapore
Jun 16, 2025

Oil prices jump as Trump calls for Tehran to be evacuated.

U.S. Stock Futures fell and Oil Prices rose on Tuesday as Investors were shaken by U.S. president Donald Trump's request for everyone to leave Tehran, with the...

United Kingdom
Jun 16, 2025

London metals fall as dollar strengthens, Middle East tensions increase

The price of metals fell in London on Tuesday due to a stronger dollar, and the escalating tensions with Iran and Israel. As of 0124 GMT, the...

United States
Jun 16, 2025

Australian shares lack direction due to financial counter miners

Investors were cautious after reports of an Israel-Iran possible ceasefire. This led to a decline in Australian shares on Tuesday. As of 0035 GMT, the S&P/ASX 200...

Ecuador
Jun 16, 2025

Ecuador reopens the mining concession registry seven years after it was closed

The mining ministry of Ecuador announced Monday that it had launched a new register of concessions, the first in seven years. This was done to encourage more...

Iraq
Jun 16, 2025

Trump calls for Tehran's evacuation as the Iran-Israel conflict enters its fifth week

Israel and Iran attacked one another for the fifth day in a row on Tuesday. U.S. president Donald Trump called on Iranians to leave Tehran citing his...

United States
Jun 16, 2025

Element 25, a company in Australia, secured $32.6 million in government debt for the construction of a manganese mine

The Australian manganese manufacturer Element 25 announced on Tuesday that the Northern Australia Infrastructure Facility has agreed to provide an advanced debt facility up to A$50m ($32.57m)...

United States
Jun 16, 2025

Supply concerns fuel oil price rises as Iran-Israel conflict fuels supply fears

Oil prices rose over 2% Tuesday, as tensions between Iran and Israel intensified. U.S. president Donald Trump also urged "everyone to evacuate Tehran", increasing the likelihood of...

United Kingdom
Jun 16, 2025

Shell survey shows that Europeans are less willing to switch to EVs than Americans.

Shell published a survey on Tuesday that showed drivers are less willing to switch from combustion engines to electric vehicles. The trend is more prominent in Europe...

China
Jun 16, 2025

UK completes 500 million pound rail deal to save British Steel jobs

The British government will finalise the 500 million pound rail steel deal with British Steel. This is to protect thousands jobs at an Eastern England steelmaking facility...

United States
Jun 16, 2025

Senate Republicans try to eliminate $7,500 electric vehicle tax credit

The U.S. Senate Republicans proposed a tax-and-budget bill on Monday that would eliminate the $7,500 credit on the sale of new electric vehicles 180 days after it...

United States
Jun 16, 2025

Carney and Trump aim to reach a Canada-US agreement within 30 days

Mark Carney, the Canadian Prime Minister, announced on Monday that he and U.S. president Donald Trump had agreed to try to conclude a new security and economic...

Oil & Gas
Jun 16, 2025

Ember report: EU gas demand to drop by 7% in 2030

A report from the think-tank Ember on Tuesday showed that gas demand in Europe is expected to decline by 7% by 2030, as renewable energy and electricification...