Latest news

India
Nov 26, 2024

VEGOILS-Palm increases on firmer soyoil rates, anticipated output decline

Malaysian palm oil futures rose for a second successive session on Tuesday, supported by firmer rival soyoil costs and anticipation of production decreases in Malaysia The benchmark...

Crude Oil
Nov 26, 2024

Russian rouble at 32-month low, an advantage for exporters, minister says

The Russian rouble continued to slide, dropping to its most affordable since March 2022 against both the dollar and the yuan, and the financing minister showed the...

Spain
Nov 26, 2024

Brazil's federal government and banks in speak to take Novonor's Braskem stake, sources say

Brazil's federal government and numerous of its biggest industrial banks are dealing with a strategy to speed the divestment of engineering group Novonor's majority stake in Braskem,...

Philippines
Nov 26, 2024

ADB authorizes $500 mln loan for Philippines' climate modification efforts

The Asian Advancement Bank has approved a $500 million loan to support the Philippines' efforts to take on climate modification, it said on Tuesday. The loan will...

Hong Kong
Nov 26, 2024

Dollar up, Europe stocks come under fire as Trump swears tariffs

The dollar rallied on Tuesday while European shares fell after U.S. Presidentelect Donald Trump promised tariffs on all imports from Canada and Mexico, and additional tariffs on...

India
Nov 26, 2024

India's JSW Steel, SAIL in talks with Mongolia for coking coal deliveries, sources say

India's JSW Steel and staterun Steel Authority of India (SAIL). remain in talks with Mongolian authorities to import two. deliveries of coking coal, two sources with direct...

China
Nov 26, 2024

Iron ore rangebound amid China rate cut hopes, Trump tariff strategies

Iron ore futures sold a narrow variety on Tuesday as a softer yuan boosted hopes of a. rate cut by China's central bank while higher tariffs loomed....

Vietnam
Nov 26, 2024

Leading importer Vietnam has a hard time to recycle plastic waste

Countless discarded bags float on the canal going through Minh Khai village, whose narrow streets are obstructed with high stacks of plastic waste spilling out from villagers'...

China
Nov 26, 2024

China draws up seaborne thermal coal, however domestic output caps prices: Russell

China's. seaborne imports of thermal coal are on track to surge to an. alltime high in November as the world's most significant buyer of the. power station...

Australia
Nov 26, 2024

Dollar climbs up, stocks retreat after Trump swears tariffs

The dollar rallied sharply on Tuesday after U.S. Presidentelect Donald Trump pledged tariffs on all imports from Canada and Mexico, and additional tariffs on China. Asian stocks...

Turkey
Nov 26, 2024

Worldwide renewal in protective commercial policies, EBRD states

An international renewal in industrial policies that intend to enhance or secure domestic interests threatens worldwide cooperation and could hurt poorer countries in particular, the European Bank...

China
Nov 26, 2024

Copper falls on firm dollar, Trump's tariffs plan

Copper costs fell on Tuesday, weighed down by a stronger U.S. dollar and U.S. Presidentelect Donald Trump's pledge to impose more tariffs on Chinese products. Three-month copper...

Netherlands
Nov 26, 2024

Vulcan in talks with producers to licence lithium technology

Australialisted Vulcan Energy is in talks with lithium companies to licence its filtering technology, tapping a brand-new profits source as the firm commercialises its renewableenergy job in...

India
Nov 26, 2024

Indian federal government to revamp infrastructure loan provider IFCI, sources state

India will revamp operations of nonbank lending institution IFCI Ltd by shutting its lending operations following capital constraints and converting it into a facilities advisory firm, 2...

Nov 26, 2024

Uncertainty Surrounds Guyana Gas Development

Doubts are growing over Guyana's pick of a little-known U.S. startup to craft and develop projects to monetize its vast untapped natural gas resources that could cost...

China
Nov 25, 2024

Base metals mostly fall on firm dollar, Trump's tariffs plan

Costs of base metals were mostly down on Tuesday, weighed by a more powerful dollar and U.S. Presidentelect Donald Trump's pledge to levy more tariffs on Chinese...

United States
Nov 25, 2024

Gold costs hold consistent after Trump's tariff pledge

Gold prices held steady on Tuesday after a 3% drop in the previous session, supported by increased safehaven demand following Presidentelect Donald Trump's. pledge to impose tariffs...

China
Nov 25, 2024

Iron ore edges higher on firmer steel output, but Trump tariff pledge weighs on market

Iron ore futures ticked up on Tuesday for a 2nd straight session, buoyed by stronger international steel production, although U.S. Presidentelect Donald Trump's pledge to implement brand-new...

Australia
Nov 25, 2024

Dollar jumps, stocks retreat after Trump vows tariffs

The dollar rallied dramatically on Tuesday after U.S. Presidentelect Donald Trump pledged tariffs on all imports from Canada and Mexico, and extra tariffs on China. Stocks declined,...

United Kingdom
Nov 25, 2024

British Organization - Nov 26

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

United States
Nov 25, 2024

What Trump 2.0 could indicate for trade, migrants, climate change and electric automobiles

Donald Trump's second presidential term might have big implications for U.S. trade policy, climate change, the war in Ukraine, electrical automobiles, Americans' taxes and prohibited immigration. Trump...

Indonesia
Nov 25, 2024

Indonesia province resumes search for 7 missing after landslide and floods kill 15

Indonesian rescuers are searching for 7 individuals still missing out on 4 days after torrential rain hit North Sumatra province, triggering flash flooding and landslides which killed...

Japan
Nov 25, 2024

Dollar rallies, stocks retreat after Trump swears tariffs

The dollar rallied versus significant peers on Tuesday after U.S. Presidentelect Donald Trump promised tariffs on all imports from Canada and Mexico, and extra tariffs on China....

Japan
Nov 25, 2024

Dollar rebounds on Trump tariff warning; stocks point lower

The dollar rose against major peers on Tuesday after U.S. Presidentelect Donald Trump threatened Canada and Mexico with a 25% tariff on all imports into the United...

United States
Nov 25, 2024

Stocks climb up with bonds, dollar dips as markets cheer United States Treasury pick

MSCI's international equities evaluate rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the incoming U.S. president's choice of fund supervisor...

Australia
Nov 25, 2024

Rio Tinto-backed lithium tech start-up set to raise 2nd round of funds

A lithium innovation start-up backed by Rio Tinto expects to finalise a funding round in the next week to raise A$ 29 million ($ 19. million), even...

Canada
Nov 25, 2024

Tesla would likely be excluded from California state EV tax proposition

Tesla's electrical vehicles likely would not qualify for California's new state tax credits under a proposal in the works if President-elect Donald Trump scraps the federal tax...

United Kingdom
Nov 25, 2024

Stocks climb up while dollar falls as markets cheer United States Treasury choice

MSCI's international equities determine rose and the dollar fell with U.S. government bond yields on Monday as investors invited the incoming U.S. President's choice of fund manager...

Venezuela
Nov 25, 2024

Skyrocketing legal fees in snarled Citgo auction rankle companies

Court consultants have actually billed almost $30 million for a stalled auction of shares in a parent of Venezuelaowned oil refiner Citgo Petroleum, raising the ire of...

Taiwan
Nov 25, 2024

Stocks climb while dollar falls as markets cheer US Treasury pick

MSCI's global equities determine rose and the dollar fell with U.S. government bond yields on Monday as investors invited the incoming U.S. President's choice of fund supervisor...

Germany
Nov 25, 2024

Germany's Scholz: disagree with EU fines for carmakers who miss CO2 limitations

German Chancellor Olaf Scholz stated on Monday there needs to be no fines in the European Union for vehicle companies that do not adhere to carbon emission...

United States
Nov 25, 2024

Tesla acquired greenhouse emissions credits in 2023 as other automakers lagged

Tesla produced nearly 34 million metric lots of greenhouse gas credits in the 2023 model year by selling electrical vehicles, as the car industry acquired substantial credit...

United States
Nov 25, 2024

Buffett fine-tunes prepare for his fortune, donates more Berkshire shares

Warren Buffett has actually made further preparations for donating his fortune after his death. Buffett, 94, the chairman of Berkshire Hathaway, is contributing almost all of his...

Germany
Nov 25, 2024

Loss-making Thyssenkrupp Steel prepares to minimize workforce by around 40%.

Thyssenkrupp Steel Europe ( TKSE) prepares to cut 5,000 jobs by 2030 and an extra 6,000 jobs through the sale of service activities or transfer to external...

Iraq
Nov 25, 2024

OPEC+ to hold Dec 1 oil policy meeting online, sources say

OPEC+ will hold its Dec. 1 oil policy meeting online, two OPEC+ sources stated on Monday, with the manufacturer group set to discusss a more hold-up to...

Australia
Nov 25, 2024

LNG is stepping up to solve Europe gas woes, but at a price: Russell

Concerns that Europe is facing a natural gas supply crunch this winter season are overblown, with the liquefied natural gas (LNG) market currently stepping up to prevent...

United States
Nov 25, 2024

Quikrete to purchase Summit Products in deal valued at $11.5 bln

Top Materials stated on Monday rival Quikrete would get the company in a money offer valued at $11.5 billion, in a transfer to capitalize on greater demand...

Nigeria
Nov 25, 2024

Nigeria growth picks up in third quarter, sustained by services

Nigeria's economy grew 3.46%. yearonyear in the 3rd quarter of 2024, quicker. than in the very first two quarters of the year, statistics company. data revealed on...

China
Nov 25, 2024

Leading NATO official contacts business leaders to get ready for 'wartime circumstance'

A leading NATO military official on Monday prompted services to be prepared for a wartime circumstance and adjust their production and distribution lines accordingly, in order to...

China
Nov 25, 2024

Copper bounces on bargain searching and threat hunger

Copper prices rebounded on Monday from two sessions of losses, buoyed by deal hunting and increased danger appetite after the choice of fund manager Scott Bessent as...

United States
Nov 25, 2024

Iran will strive not to accept curbs on oil output quota, oil minister says

Iran will make every effort not to accept restrictions on its oil production quota, the country's oil minister Mohsen Paknejad said in a video shared by state...

France
Nov 25, 2024

Area costs up on lower wind supply, higher need

European timely power rates increased on Monday on expectations of falling wind power supply throughout the region and higher demand. German baseload power for Tuesday was at...

United Kingdom
Nov 25, 2024

HSBC sustainability chief leaves after executive committee role dropped

HSBC's chief sustainability officer, Celine Herweijer, has stepped down, the bank said on Monday, weeks after a management reshuffle eliminated her function from the loan provider's executive...

China
Nov 25, 2024

Gold sheds 2% on profit taking, United States Treasury Secretary news

Gold rates decreased as much as 2% on Monday as financiers scheduled revenues following a fivesession rally to a threeweek high, while the announcement of fund manager...

South Asia
Nov 25, 2024

Vedanta to proceed with dollar bond sale in first post-Adani India credit test

Vedanta Resources, which held off a planned sale of dollar bonds recently after the Adani group's top authorities were arraigned by U.S. prosecutors, will now release the...

India
Nov 25, 2024

TotalEnergies stops briefly company with Adani, says it was not aware of United States examination

French oil major TotalEnergies SE was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, including...

Crude Oil
Nov 25, 2024

Russian rouble rebounds vs dollar, remains at two-year low

The Russian rouble rebounded a little against the U.S. dollar on Monday but remained at a. twoyear low on new U.S. sanctions on the banking sector and...

Mining
Nov 25, 2024

Russia's Rusal to cut aluminium output by 6%.

Russian aluminium producer Rusal will cut output by more than 6% as part of a. production optimisation program in response to high alumina. prices and raised macroeconomic...

China
Nov 25, 2024

Iron ore rises on firmer steel outlook, however trade tensions cap gains

Iron ore futures reinforced on Monday, buoyed by more powerful international steel production, although installing trade tensions surrounding leading customer China capped gains. The most-traded January iron...

Argentina
Nov 25, 2024

Rio Tinto-backed lithium tech start-up set to raise second round of funds

A lithium innovation start-up backed by Rio Tinto anticipates to settle a funding round in the next week to raise A$ 29 million ($ 19. million), even...