Latest news

Wind Farms
Dec 3, 2024

Lloyd’s Register Clears Vard’s Two Methanol-Ready Offshore Wind CSOVs

Norwegian shipbuilder Vard, part of Fincantieri Group, has secured Lloyd’s Register’s Approval in Principle (AiP) of the methanol fueling system for two offshore wind Commissioning Service Operation...

Oil & Gas
Dec 3, 2024

ABL Wraps Up Work for FSRU Toscana Project in Italy

Energy and marine consultancy ABL has completed its scope of work as marine warranty surveyor (MWS) to support the successful transport and re-installation of the floating storage...

United States
Dec 3, 2024

Oil costs sell tight variety ahead of OPEC+ meeting

Oil prices were little changed on Tuesday, trading within a narrow range, as traders waited for the outcome of an OPEC+ conference later on this week. Brent...

Saudi Arabia
Dec 3, 2024

Saudi non-oil organization activity lifted by stronger demand in Nov, PMI reveals

Saudi Arabia's nonoil company sector grew in November at the fastest rate given that July 2023 thanks to robust need, a service study revealed on Tuesday. The...

United States
Dec 2, 2024

Trump repeats opposition to Nippon Steel's takeover of U.S. Steel

U.S. Presidentelect Donald Trump said on Monday a series of tax rewards and tariffs will revive storied American company U.S. Steel, as he restated his opposition to...

United Kingdom
Dec 2, 2024

London copper falls on dollar pressure, Trump's tariff hazard

London copper prices succumbed to a 2nd directly session on Tuesday as a firmer U.S. dollar and as uncertainty over prospective U.S. tariffs weighed on the market....

United Kingdom
Dec 2, 2024

Gold holds constant, investors eye essential United States tasks information

Gold rates were consistent on Tuesday as financiers took a. cautious stance ahead of the approaching U.S. financial information that. could provide insights into the Federal Reserve's...

Singapore
Dec 2, 2024

Asian stocks climb on Wall Street lead; yuan, euro droop

Asian stocks rose on Tuesday led by an exceeding tech sector following record highs on Wall Street overnight, while the dollar hovered near a sixweek low to...

United States
Dec 2, 2024

Oil rates bit altered ahead of OPEC+ meeting

Oil prices inched down in the middle of combined market signals on Tuesday, with traders awaiting the result of an OPEC+ conference today. Brent unrefined futures fell...

China
Dec 2, 2024

London copper controlled in the middle of dollar pressure, Trump's tariff hazard

London copper prices were controlled on Tuesday, after a selloff in the previous session, due to a. firmer U.S. dollar and as uncertainty over prospective U.S. tariffs...

United Kingdom
Dec 2, 2024

British Company - Dec 3

The following are the leading stories on business pages of British newspapers. Reuters has not confirmed these stories and does not attest their precision. The Times -...

Iraq
Dec 2, 2024

OPEC+ most likely to extend oil cuts for Q1, sources say

OPEC+ is most likely at its meeting on Thursday to extend its latest round of oil output cuts up until the end of the very first quarter,...

Africa
Dec 2, 2024

Which nations have completed financial obligation swaps for nature and environment

Financial obligation swaps are ending up being a more extensively used tool to help indebted nations raise money for preservation or climaterelated projects. Under a swap, a...

United States
Dec 2, 2024

Duke stops briefly assessment of US energy loan program ahead of Trump administration

Duke Energy is pausing its evaluation of particular U.S. energy facilities improvement loans, citing uncertainty over the future of financing under the Trump administration, according to a...

Colombia
Dec 2, 2024

Colombia armed groups used peace talks to develop strength, military commander says

Colombia's prohibited armed groups have actually made the most of the government's pursuit of peace to enhance themselves militarily and financially, the leader of the country's militaries...

United Kingdom
Dec 2, 2024

Oil little altered as markets weigh China data, Fed rate cut

Oil prices were steady on Monday, as optimism around strong factory activity in China was largely offset by issues that the U.S. Federal Reserve will not cut...

United States
Dec 2, 2024

PG&E shares fall after releasing $2.4 bln equity capital raise

Shares of PG&E Corp. fell about 7% on Monday after the power and gas business. revealed that it planned to raise $2.4 billion from investors. by means...

India
Dec 2, 2024

Strong dollar triggers copper sell-off to a more than two-week low

Copper prices slipped to their lowest in more than 2 weeks on Monday as a stronger dollar triggered a selloff in spite of indications of recovering growth...

United States
Dec 2, 2024

United States building costs beats expectations in October

U.S. construction costs increased more than anticipated in October, boosted by singlefamily homebuilding. The Commerce Department's Census Bureau said on Monday building and construction costs rose 0.4%...

Netherlands
Dec 2, 2024

Vanuatu advises World Court to acknowledge environment modification damages

Vanuatu on Monday prompted the United Nations' top court to recognise the harm triggered by climate change in its judgment on the legal responsibility of nations to...

Pollution
Dec 2, 2024

Barbados completes world first debt swap for environment resilience

Barbados has actually completed the world's first 'debtforclimate' swap targeted at raising money to help the Caribbean island build strength in its water supply to the destructive...

United States
Dec 2, 2024

United States proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint endeavor

The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion to a. joint venture of Chrysler parent Stellantis and. Samsung SDI to...

Poland
Dec 2, 2024

Investors clear Orlen to declare damages from former managers

Investors of Poland's Orlen backed a resolution on Monday enabling the company to seek compensation from 13 former top executives consisting of exCEO Daniel Obajtek for monetary...

Brazil
Dec 2, 2024

Native mining complicates Brazil's fight against illegal gold

The participation of Native individuals in unlawful gold hunting, tempted by the possibility of simple money due to record rates, has made Brazil's. job of punishing wildcat...

South Korea
Dec 2, 2024

Amazon to pilot AI-designed material for carbon elimination

Amazon.com Inc prepares to pilot a new carbonremoval product for data centers, which are at threat of getting worse emissions from expert system systems they power, a...

South Asia
Dec 2, 2024

Saudi Arabia enhances petroleum share in Asia at Russia's expense: Russell

Saudi Arabia clawed back market share of Asia's crude oil imports in November, while Russia surrendered a few of its barrels in what might be an early...

Germany
Dec 2, 2024

9 Volkswagen plants on strike as employee rift with management deepens

Workers at 9 Volkswagen vehicle and component plants throughout Germany started twohour strikes on Monday, bringing assembly lines to a stop as labour and management clash over...

Poland
Dec 2, 2024

Shareholders clear Orlen to claim damages from former managers

Investors of Poland's Orlen backed a resolution enabling the business to look for compensation from 13 former magnates consisting of exCEO Daniel Obajtek for financial losses the...

Spain
Dec 2, 2024

Scottish Power welcomes Grangemouth, ISG employees to use

Iberdrola's Scottish Power stated it is seeking 1,000 recruits next year and has urged workers facing redundancy at the Scottish Grangemouth oil refinery and British construction company...

United States
Dec 2, 2024

Trump's low oil rate promise is a danger and an advantage for emerging markets

Donald Trump has assured to drill, baby, drill to halve energy costs, a plan that sends shivers through the federal governments of emerging market oil producers anxious...

United States
Dec 2, 2024

Gold drops 1% after four sessions of gains as dollar reinforces

Gold dropped 1% on Monday, ending a. foursession winning streak, weighed down by a robust U.S. dollar, as investors eyed upcoming economic information and remarks. from Federal...

United States
Dec 2, 2024

Bangladesh cuts in half power purchasing from India's Adani in the middle of payment dispute

Bangladesh has cut in half the power it buys from neighbouring India's Adani Power, citing lower winter season need, government authorities informed Reuters on Monday, amidst disagreements...

Israel
Dec 2, 2024

With Israeli tanks on the ground, Lebanese unable to bury dead

When a. ceasefire between Israel and Hezbollah entered effect last. week, Lebanese hotelier Abbas alTannoukhi jumped at the chance. to bury a dead relative in their southern...

Norway
Dec 2, 2024

Shares in Green Minerals fall 40% after Norway stops deep-sea mining

Shares in Norwegian sea bed mining startup Green Minerals fell by 40% on Monday after the federal government scrapped a very first licensing round for deepsea mining...

Australia
Dec 2, 2024

Australia's Larvotto Resources indications antimony offtake arrangement with Wogen

Larvotto Resources Limited stated on Monday it had signed a binding offtake arrangement with trading house Wogen Resources for sales of its first 7 years of antimony...

United Kingdom
Dec 2, 2024

Gold slips on firmer dollar, profit-taking; crucial United States information in focus

Gold prices snapped a foursession rally to trade nearly 1% lower on Monday, pushed by a firmer dollar and profitbooking, while financiers waited for key U.S. financial...

United States
Dec 2, 2024

Adani Power states no sign of Bangladesh examining power deal

Adani Power stated on Monday it has no indicator that the Bangladesh federal government is examining a power purchase agreement with the business, a day after Reuters...

China
Dec 2, 2024

Iron ore gets on positive China data; falling need caps gains

Iron ore futures climbed on Monday, supported by positive factory information in leading consumer China, however signs of faltering need topped gains. The most-traded January iron ore...

United Kingdom
Dec 2, 2024

Copper declines on firmer United States dollar

Copper rates edged lower on Monday, pressured by a more powerful U.S. dollar, brushing off signals of optimism in China with most current financial data showing a....

United States
Dec 2, 2024

MORNING quote EUROPE-Trump changes tune on strong dollar

A look at the day ahead in European and international markets from Wayne Cole The dollar is making the early running on Monday, retaking a few of...

Saudi Arabia
Dec 2, 2024

Saudi Arabia boosts crude oil share in Asia at Russia's cost: Russell

Saudi Arabia clawed back market share of Asia's petroleum imports in November, while Russia gave up some of its barrels in what might be an early sign...

South Asia
Dec 2, 2024

Shares in significant Adani investor GQG plunge after analyst note on outflows

Shares of Australianlisted GQG Partners tumbled 13% on Monday after UBS downgraded the stock and said the firm might have lost A$ 600 million ($ 390. million)...

Germany
Dec 2, 2024

Nine Volkswagen plants to strike as labour fight intensifies

Employees at nine Volkswagen vehicle and part plants across Germany will strike for a number of hours on Monday, IG Metall union said, bringing assembly lines to...

Israel
Dec 2, 2024

Lebanon states Israeli strikes eliminate 2 in 'infraction' of ceasefire

A minimum of two individuals were eliminated on Monday in Israeli strikes on southern Lebanon, Lebanese authorities said, as a ceasefire ending more than a. year of...

Saudi Arabia
Dec 2, 2024

UN calls for $2.6 trillion financial investment to reverse land destruction

Restoring the world's degraded land and keeping back its deserts will require at least $2.6. trillion in financial investment by the end of the years, the U.N....

China
Dec 2, 2024

Iron ore climbs on upbeat China information, but falling demand caps gains

Iron ore futures gained on Monday, supported by upbeat factory information in top customer China, however signs of failing demand capped gains. The most-traded January iron ore...

Australia
Dec 2, 2024

Asia stocks increase after Wall Street records; dollar rebounds

Asian stocks got on Monday, buoyed by record high closes on Wall Street, while the dollar recuperated from multiweek lows against the yen and British pound in...

United States
Dec 2, 2024

Copper edges lower on firmer US dollar

Copper rates eased on Monday, pressured by a stronger dollar, shrugging off signals of optimism in China with most current economic information showing a small uptick. Three-month...

United States
Dec 2, 2024

Oil inches up on upbeat China information, unsteady Israel-Lebanon ceasefire

Oil costs edged up on Monday supported by positive factory activity in the world's. second largest oil consumer China and as Israel resumed attacks. on Lebanon in...

Netherlands
Dec 2, 2024

British Company - Dec 2

The following are the leading stories on the business pages of British papers. Reuters has not confirmed these stories and does not guarantee their precision. The Times...