Pirelli, the Italian tire manufacturer, lowered its revenue forecast for 2025 on Thursday as a result of expected adverse currency movements. The company has lowered its target...
Political analysts claim that Sudanese Paramilitaries have formed a parallel government with the army of the country, further pushing Sudan towards de facto splintering. Sudan's army, along...
Exelon, a major U.S. electric utility, has 33 gigawatts worth of data centers interested in connecting to their system. The company is exploring its options to add...
Panama's president Jose Raul Mulino stated on Thursday that public-private partnerships may take over two important ports near the Panama Canal if a court invalidates CK Hutchison's...
On Thursday, U.S. appellate court judges questioned whether President Donald Trump’s tariffs could be justified by his emergency powers after a lower federal court ruled that he...
Saudi Arabia's second-quarter budget deficit shrank to 34.534 billion Saudi riyals (9.21 billion dollars), a 41.1% decrease from the first quarter as revenues, including oil, rose. The...
Mthuli Ncube, Zimbabwe's Finance Minister, said that the country is on course to achieve its 6% forecasted economic growth by 2025. This will be aided by a...
After nearly 16 months, Russia claimed to have taken control of the devastated town of Chasiv Yar (in eastern Ukraine), an assertion that Kyiv branded "propaganda". Here...
Gold prices increased 1% on Friday as traders sought out the safe-haven asset amid continued tariff uncertainty as President Donald Trump's deadline of August 1, to conclude...
BHP and Vale face a London suit from a law firm that represents hundreds of thousands people in relation to Brazil's worst environment disaster. The firm alleges...
The copper market has the tariffs right, but the products are wrong. The traders did not expect U.S. president Donald Trump to make a proclamation that "will...
Utility Southern Co increased its five-year plan for capital expenditures by $13 billion, to $76 billion, to meet the growing energy demands in the U.S. after exceeding...
Coal India (which produces about 80% the coal in India) reported a decline in quarterly profits on Thursday, as shipment volumes and price fell amid weak demand...
Industry sources claim that Indian state refiners stopped buying Russian crude oil last week, as the discounts have narrowed in this month. Donald Trump has also warned...
Utility PPL's second-quarter profits missed Wall Street expectations on Thursday due to higher operating costs and interest charges. In April, more than 450,000 Pennsylvanians were left without...
Analysts say that proposed limits on U.S. copper scrap exports, which are intended to reduce the reliance on foreign production, will not have a significant impact as...
TVS Motors, India's largest electric two-wheeler manufacturer by sales, beat its quarterly profit expectations on Thursday due to strong local sales and exports. It also said that...
Intercontinental Exchange (parent of the New York Stock Exchange) beat its second-quarter profit expectations on Thursday as increased volatility led to record revenue. During periods of volatility,...
Thermax, an Indian engineering company, reported on Thursday a profit that was higher than expected for the quarter ending June. This was boosted by a robust order...
Industry executives say that India's apparel exporters and jewellers are preparing for a decline in orders and the potential of job cuts after U.S. president Donald Trump...
U.S. Futures outperformed other markets on Thursday as traders considered a range of economic indicators, including central bank rate decisions and inflation data, in addition to last-minute...
Exelon, a U.S. utility company, narrowly surpassed Wall Street expectations for its second-quarter profits on Thursday. This was largely due to higher rates of electric and gas...
Iron ore is the best performing commodity this year, with a price of over $100 per metric ton. This is despite signs that China's steel industry has...
PBF Energy announced on Thursday that its Martinez refinery is partially operational. The remaining units will run at reduced capacity while repairs are completed. A full restart...
PG&E Corp's shares fell 1.4% on Thursday in premarket trading after the utility company missed Wall Street expectations for its second-quarter profits. The utility was hit by...
The U.S. Copper prices fell the most in a single day on record, as investors scrambled for positions following a surprise decision by U.S. president Donald Trump...
Cenovus Energy, a Canadian oil and natural gas producer, reduced its forecast for its upstream production in the full year on Thursday. It cited the temporary shutdown...
The Russian rouble gained ground against the dollar Thursday after U.S. president Donald Trump threatened to impose additional sanctions if Russia did not make progress on a...
Refiner HF Sinclair surpassed Wall Street expectations for the second-quarter profits on Thursday, as higher refining rates helped offset lower volumes. Its shares rose about 1% to...
A poll on Thursday showed that analysts are maintaining their oil price predictions for 2025 largely unchanged, due to the rising OPEC+ production and continued uncertainty over...
Chile has launched an effort to save Darwin's Frogs, tiny amphibians with leaf-like skin. The males of these amphibians carry tadpoles in pouches inside their mouths. The...
The top court in India said Thursday that it would review its decision to halt the $2.3 billion acquisition of Bhushan Power and Steel by Indian steelmaker...
An Indonesian Minister said that the European Union would grant a zero-tariff rate for a 1 million metric ton export quota per year of Indonesian crude oil...
Industry sources claim that Indian refineries have stopped purchasing Russian oil over the last week, as discounts are shrinking this month. Also, President Donald Trump has warned...
Vedanta, an Indian conglomerate that converts metals into oil, missed its quarterly profit forecast on Thursday as lower aluminum and copper prices and increased tax expenses outweighed...
The world stock market was mixed on Thursday as markets considered a range of economic indicators, including central bank rate decisions and inflation data, along with last-minute...
India's Adani Enterprises reported a decrease in its first-quarter profits on Thursday, as a fall in demand for coal-fired electricity weighed on the company's mainstay coal trading...
ArcelorMittal has increased its estimate of financial impact due to U.S. Tariffs. It now expects that they will reduce its core profits by $150 million in this...
The tariffs imposed by Donald Trump since his inauguration on January 20, 2017 have sent shockwaves through financial markets, and uncertainty has spread throughout the global economy....
After President Donald Trump shocked the markets by reducing tariffs, the once-mighty premium that U.S. Copper enjoyed over global benchmarks swung into a discount. Trump announced on...
In the last week, extreme weather conditions in northern China have killed at least sixty people. Thirty of those deaths occurred in an elderly home in Beijing's...
The gold price increased by more than 1% Thursday, moving from the low of one month it reached in the previous session. A pullback in dollar value...
Covestro, a German chemicals manufacturer, missed its second-quarter sales targets on Thursday due to the impact of U.S. tariffs on prices. However, it expressed confidence that ADNOC's...
Major Gulf equities started the day mostly flat or lower, weighed down by a lackluster corporate earnings report and a cautious U.S. Federal Reserve position on monetary...
Trade sources say that Asia will increase imports of U.S. West Texas intermediate crude in the fourth-quarter after Middle East oil price increased and opened arbitrage window....
Anglo American, a global miner, reported on Thursday a $1.9billion loss for the first half of this year, cut its dividend and continued its restructuring efforts, which...
EDP, Portugal's largest utility company, raised its 2025 profit target on Thursday following a first-half improvement in earnings thanks to cost saving and increased electricity generation. EDP...
The iron ore futures price fell for the second consecutive session on Thursday, hitting their lowest level in two weeks as a result of weaker than expected...
GCL Technology Holdings, which is a Chinese producer of polysilicon (a building block used in solar panels), said that they are in discussions to create a fund...
Drax Group announced a 11% decline in its first-half core profit due to lower UK wholesale electricity prices. The ongoing energy market fluctuation continued to affect the...
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