Prices rose for the first day in five on Wednesday, as Chinese demand and worries about disruptions to sulphuric and diesel supplies boosted prices. In official open...
The energy shock caused by the Iran War is causing countries around the world to look for ways to conserve fuel. This could be through encouraging remote...
?Phillips 66 announced a surprising first-quarter profit a day earlier, after higher refining rates helped offset'severe losses due to volatile commodity prices. The U.S. Gulf Coast?Refiners? are...
European stocks dropped on Wednesday, but Wall Street Futures were up. Markets struggled to find direction as they awaited the?earnings of major U.S. tech firms and the...
A UAE official said on Wednesday that the United Arab Emirates was reevaluating its role and contribution?across multilateral organizations but it is not considering further withdrawals 'at...
As rising oil prices fueled concerns about inflation, gold prices fell on Wednesday. Markets awaited the U.S. Federal Reserve chair Jerome Powell to assess future interest rate...
Ares Management has announced that it acquired a stake in the Rover natural-gas pipeline from an?unit of a fellow investment firm Blackstone, for an undisclosed amount. This...
?Baoshan Iron & Steel Co, China's largest?listed steelmaker reported a 8.6% annual drop in its first-quarter net profit? on Wednesday.?Hit by higher costs relating to?feedstocks and sluggish...
What's important in the U.S. and international markets today by Mike Dolan, Editor at Large,?Finance and Markets Today is the culmination of an eventful week, which includes...
Entergy, a U.S.-based electric utility, reported a 6.7% increase?in its first-quarter profits on Wednesday. This was due to a?surge in power demand from data centers?and increased retail...
Volodymyr Zelenskiy, the president of Ukraine, said that Ukraine will continue to increase 'the range of its attacks in Russia. He posted a video of an attack...
Baoshan Iron & Steel Co, China's largest?listed steelmaker reported a?annual?fall of 8.6% in its first-quarter?net profit. This was due to?higher costs for?feedstocks, and sluggish domestic?demand. In a...
Bunge increased its adjusted full-year?profit forecast Wednesday. Citing a'strong oilseeds processing outlook and removing the uncertainty that had weighed down on results in recent quarters after?the U.S....
Vedanta, an Indian conglomerate that converts metals into oil, reported a 92.3% increase in quarterly profit on Tuesday. This was attributed to strong base metal prices which...
Investors struggled to find direction as they awaited the earnings of major U.S. technology firms. The latest Federal Reserve policy meeting and technology companies are key factors....
As a result of?rising oil costs, gold?prices fell on Wednesday. The markets are now closely watching the remarks made by U.S. Federal Reserve Chairman Jerome Powell about...
Analysts and traders said that spot premiums on physical crude are down from the record highs they reached during the Iran war. This is because refiners have...
S&P, the ratings agency, has lowered its outlook for the Czech utility CEZ due to a potential divestment?of its distribution operations. This is part of a planned...
Abu Dhabi National Oil Company notified customers that two crude grades could be 'loaded outside of the Gulf next month, as the Strait of Hormuz was closed....
Fertiglobe, a unit of the state oil giant ADNOC in Abu Dhabi, saw profits jump by 173% in the first quarter, as the fertiliser manufacturer benefited from...
Gold prices dipped on Wednesday as investors awaited comments from U.S. Federal Reserve chair Jerome Powell to assess the economic impact of the Iran War. As of...
Norsk Hydro announced a?larger-than-expected quarterly profit on Wednesday as the Middle East war?leaded to tightening aluminum markets and pushed?up the prices of the metal. The 'Iran -...
Prices of iron ore futures rose on Wednesday, as the central bank of China announced a new policy to increase loan issuance. This eased concerns about consumption....
* The Refining & Chemicals segment quadruples earnings * All businesses experienced growth despite Middle East?output outages * British counterpart BP also reported significant increases in trading...
Wacker?Chemie, a German company, posted a 45% increase in its first-quarter core profits on Wednesday. This was due to cost reductions and orders from customers that were...
Neste, the Finnish oil refiner and biofuel producer, reported a higher-than-expected core income?for its first quarter of 2026, citing the soaring fuel costs due to the Middle...
Gold was largely unchanged on Wednesday as investors awaited the comments of U.S. Federal Reserve Chair Jerome Powell to assess the economic impact of the Iran War...
The markets found their feet in Asian trading on Wednesday, as concerns about the Iran conflict, the health of the AI industry, and corporate earnings eased. Investors...
German semiconductor materials provider Siltronic reported lower-than expected quarterly sales on Tuesday, as the company continued to be affected by an?uncertain market environment. According to a LSEG...
India's gold investment demand surpassed jewellery consumption for the first quarter in history, according to the World Gold Council. Investors turned to the precious metal due to...
The interest rate differentials are telling a story right now, and it is a complex one. Transatlantic policy rate gaps are closing quickly, but if you look...
Investors waited for a U.S. report on gold. Federal Reserve Chair Jerome Powell's comments will be used to assess the economic impact of the Iran War as...
Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Fed Day is upon us, and it looks more certain...
Sinopec, a Chinese company, said that its refinery and petrochemical utilization rates fell in the first quarter due to the U.S./Israeli war on Iran which disrupted the...
Iron ore prices rose on Wednesday, as the central bank of China announced a plan to expand its loan program. However, declining crude steel use and increasing...
Gold prices were largely stable despite choppy trading on Wednesday, as investors awaited the comments of U.S. Federal Reserve chair?Jerome Powell to assess the economic impact of...
Zhejiang Huayou Cobalt announced on Tuesday that the?Indonesian?unit will temporarily stop some production lines starting May?1, cutting about half of the plant's?output. This is after rising sulphur...
The markets started off with a mixed start on Wednesday, as concerns?about the Iran Conflict and the health of the AI Sector dominated the trading session ahead...
China has increased its customs inspections to enforce the new controls on fertilizer exports as the gap between domestic and foreign prices continues to widen after the...
Vale, a major iron ore producer in the world, posted a 36% increase to its?first-quarter 'net profit,' as it increased?sales volume and enjoyed higher prices. However, this...
Jerome Powell is about to preside over what will almost certainly be his final Federal Reserve policy meeting. The debate rages on the merits and place of...
The mining and transportation conglomerate, Grupo Mexico, reported on Tuesday a 57% increase in profits in the first three months of the year compared to the same...
Pernod Ricard & Brown-Forman announced that they had ended their merger talks after failing to reach mutually satisfactory terms. Last month, the companies announced that they had...
Utility FirstEnergy announced a 12.5% increase in its?first quarter profit on Tuesday. This was boosted by higher electricity rates and a growing demand from data centers that...
Edison International beat the expectations for its first-quarter profits?on Tuesday as it benefited from higher electricity rates. U.S. Power Companies?are seeking a higher 'customer electricity rate,?driven by?surge...
The central bank of Chile?maintained its benchmark interest rate on Tuesday at 4.5%?in an unanimous decision. This was in line with expectations, and it marked its third...
Bloomberg News cited people with knowledge of the situation as saying that Kone is close to a cash and stock deal for the purchase of TK Elevator....
Five people were killed in two successive Israeli attacks on a building in southern Lebanon on Tuesday. Among them, three rescuers, who had gone to aid those...
Visa, the world's biggest payment processor, reported an?increased second-quarter profit?on?Tuesday. The company benefited from a steady?increase in?payment volume despite macroeconomic uncertainty. The company has benefited from resilient...
Eni, Italy's energy producer, signed a deal with Venezuela's oil ministry and the state-run PDVSA on Tuesday to "relaunch" a heavy crude project within the Orinoco belt....
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