Acerinox, the Spanish steelmaker, reported earnings slightly lower than expected for its third quarter on Friday. The company cited a low demand in Europe and America for...
Gold prices fell on Friday as the dollar strengthened on the uncertainty about further Federal Reserve rate reductions, but the bullion is still on track for its...
The Swiss National Bank announced a profit of 27,93 billion Swiss Francs ($35.22billion) for the third quarter, the central bank reported on Friday. This was boosted by...
China's steel production will drop below 1 billion tons by 2025. This is on track to meet government pledges to reduce production. However, a mismatch between supply...
Adani Power, an Indian company, has been selected as the lowest-bidder in a tender for the supply of coal power to the northeastern Assam state. The announcement...
Kansai electric power Co shares rose 5% on Friday in Tokyo, outperforming other markets, after the company's largest nuclear power utility raised its profit forecasts and promised...
Yoshimichi M. Maruyama, chief financial officer of Japan's Seven & i, said that the company is working on a number of initiatives including potential M&A and partnership...
Ankur Banerjee gives us a look at what the future holds for European and global markets Investors are unsure about the direction of global monetary policy in...
Gold prices fell Friday as the dollar strengthened on fears of further Federal Reserve rate reductions, but bullion is still on course for its third consecutive monthly...
Two people were killed in New York by heavy rains on Thursday. Mayor Eric Adams confirmed this. Storms that accompanied the heavy rains also disrupted flights, and...
This week, gold was sold in India at a discount for the first seven weeks as demand dropped after major festivals. Premiums in other Asian hubs also...
India’s EPC contractor Larsen & Toubro (L&T) has been hired to deliver High Voltage Direct Current (HVDC) converters in support of the Dutch-German transmission system operator (TSO)...
The Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan and Nippon Kaiji Kyokai (ClassNK) have signed a Memorandum of Understanding to explore technology development cooperation...
Indian Oil Corp, the top refiner in India, has purchased five cargoes from non-sanctioned companies for delivery in December. Traders said that India had resumed purchases despite...
Iron ore futures fell on Friday due to dwindling Chinese demand and increasing inventories. However, hopes for a trade agreement between the two largest economies in the...
Australian shares rose Friday, ending three consecutive sessions of losses. Banks and miners saw gains, while Origin Energy shares fell to a new two-month-low after the company...
Hastings Technology Metals, an Australian company, announced on Friday that its Yangibana joint-venture project in Western Australia had agreed to negotiate a possible offtake agreement with Ucore...
SK Innovation Co Ltd, the owner of South Korea’s largest refiner SK Energy said on Friday that it expects the refining margins to remain stable in the...
The oil prices fell on Friday and are heading towards a third consecutive monthly decline as the stronger dollar has capped gains in commodities, while a rising...
Tianyu Jiang drove his electric car from the southwest Sichuan basin in China to Beijing during the national holiday week this month. "I used a petrol vehicle...
The Brazilian steelmaker Gerdau reported on Thursday a 23.9% drop in its adjusted quarterly net profit compared to the same period a year ago, as its booming...
Vale Rio de Janeiro-headquartered Vale posted a $2.69 billion net profit for the July-September period, up 11% year-over-year and above the $2.1 billion expected by analysts polled...
Data released by the government on Thursday showed that deforestation rates in Brazil's Amazon rainforest dropped 11.08% between January and July of last year, a record low....
Volodymyr Zelenskiy, the president of Ukraine, said that a Russian bomb attack on a Ukrainian power plant in Sloviansk killed two people on Thursday and injured several...
Investors weighed the news of an U.S. China trade truce as they analyzed the world sugar price's fifth-year-low for a forth consecutive day. The raw sugar futures...
Gold prices rose by 2% on Friday, boosted by the Federal Reserve's interest rate reduction and the uncertainty surrounding the outcome of the trade agreement between China...
Mercuria Energy Trading and Eurasian Resources Group have agreed to prepay up to $100,000,000 to Eurasian Resources Group as part of a three-year copper supply agreement, they...
The International Monetary Fund (IMF) and Serbia reached an agreement at the staff level on the second review of a 36 month arrangement to support economic reforms...
Arkansas is facing stiff Chinese competition as well as a sagging market price and technical challenges in its bid to become the U.S. hub for lithium production....
Scientists in Brazil's Amazon have created a "time-machine" that pumps carbon dioxide into the canopy of the rainforest to simulate future atmospheric conditions to gauge the biome's...
Investors reacted to news of an U.S.-China truce in trade, and worries about a growing surplus pushed oil prices lower. The falling energy prices can cause Brazilian...
State Street, fourth largest asset manager in the world, announced that it will withdraw the majority of its operations from the main global climate alliance of the...
World Health Organization (WHO) and a Sudanese government official reported that the last working hospital in al-Fashir, a city in Sudan, was raided this week and it...
Gold prices increased by nearly 2% Thursday. This was due to a Federal Reserve rate cut and lingering uncertainties over the outcome of the trade agreement between...
NTPC, India's largest power producer, reported a higher adjusted profit for its second quarter on Thursday. This was due to lower expenses as a result of a...
Saudi Arabia's third-quarter budget deficit increased by 160%, as revenues dropped and spending rose. The finance ministry announced this on Thursday. Oil revenues dropped 0.1%, to 150.8...
Ghana, Africa’s top gold producer has launched the most aggressive audit of its mining industry in 10 years, targeting top miner to recover revenue lost and tighten...
A letter obtained by revealed that European truck manufacturers, including Traton Scania, Volvo, and Daimler Truck, have asked the European Union to relax its CO2 emission rules...
Gold prices increased by nearly 2% Thursday. This was due to a Federal Reserve rate cut and lingering uncertainties over the outcome a trade agreement between China...
According to a memo from the president seen on Thursday, Nigeria has approved an import duty of 15% on petrol and diesel. The government is trying to...
The Federal Reserve's cautious comments on U.S. rate cuts and concerns about Chinese demand led to a decline in copper prices on Thursday, compared with the record...
Reliance Industries in India and Google announced tie-ups in artificial intelligence for consumers and businesses, including a free 18-month subscription to Google's Gemini AI Pro Platform, as...
India announced on Thursday that the U.S. had granted it a six-month waiver of sanctions to operate Chabahar's Iranian port. This will help New Delhi to boost...
The prices of the main grades in seaborne thermal coal have been recovering modestly from their four-year lows. However, the gains come at the expense of volume...
U.S. utility Southern Co surpassed Wall Street expectations for third-quarter profits on Thursday, thanks to a surge in demand for electricity by businesses. Kilowatt-hours sold in the...
Hurricane Melissa, which swept through the Caribbean on Thursday and was seen gaining speed as it moved across open water towards Bermuda, left a path of destruction...
Vulcan Materials, the U.S. construction materials giant, reported quarterly profits and revenues above Wall Street expectations on Thursday. This was fueled by a resilient demand for concrete,...
State Street, third largest asset manager in the world, announced that it will withdraw the majority of its operations from the main global climate alliance of the...
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