Latest news

Africa
Oct 25, 2024

Prospect of lower oil costs puts pressure on Angola, finance minister states

The possibility of lower oil rates puts lots of pressure on Angola, the country's finance minister told Reuters on Friday, including that she expected to see rates...

United States
Oct 25, 2024

Phil Lesh, bassist and founder of Grateful Dead, passes away at age 84

Phil Lesh, an establishing member of the Grateful Dead whose nuanced bass playing made him an architect of the band's transcendent sound, died on Friday at age...

United Kingdom
Oct 25, 2024

Britain's environment advisers urge steeper emissions cut target for 2035

Britain's climate consultants, the Committee on Climate Change (CCC), has actually suggested in a. letter to federal government that it need to devote to minimizing. greenhouse gas...

South Korea
Oct 25, 2024

Stocks edge higher but set weekly decline on US election nerves; petroleum rises

International stocks were trading higher on Friday, although they were set for a weekly loss amid U.S. election jitters, while oil rates increased, buoyed by Middle East...

Canada
Oct 25, 2024

Toronto stocks rise on energy sector increase; set for weekly fall

Canada's main stock index rose a little on Friday, led by energy and technology shares, though gains were restricted by telecom shares, while financiers parsed domestic economic...

United States
Oct 25, 2024

US nuclear regulator hears 3 Mile Island power plant reboot plan

Constellation Energy is making its case to bring back the operating license for its Three Mile Island nuclear power plant in the first public meeting before the...

Spain
Oct 25, 2024

Sexual abuse accusations rock Spain's judgment coalition

A leading figure from the junior partner in Spain's minority federal government is under examination following accusations of sexual assault, officials said on Friday, a day after...

China
Oct 25, 2024

Clear Street poaches metals traders from LME floor trader Sigma, sources

U.S. broker Clear Street, which is looking for subscription of the London Metal Exchange's (LME). open protest trading flooring, has poached three metal traders from. Sigma Broking,...

Kenya
Oct 25, 2024

IMF urges African oil exporters' reforms to boost 'controlled' development

SubSaharan African nations that depend upon product exports need to reform their economies to tackle irregular regional financial development, International Monetary Fund Africa Director Abebe Aemro Selassie...

United States
Oct 25, 2024

Morgan Stanley lowers environment target, alerts on sluggish transition

Morgan Stanley has reduced its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank's...

China
Oct 25, 2024

Rio Tinto signs MOU with China's Nanjing steel on decarbonisation

The world's biggest iron ore miner Rio Tinto stated on Friday it signed a Memorandum of Comprehending (MOU) with China's Nanjing Iron and Steel Co. ( NISCO)...

Sweden
Oct 25, 2024

Epiroc misses out on Q3 profit estimates on weak building and construction demand

Swedish mining and building equipment maker Epiroc reported thirdquarter profits listed below market expectations on Friday, weighed down by subdued need from the building and construction sector....

Africa
Oct 25, 2024

Israeli forces kill 38 people in Khan Younis, storm north Gaza healthcare facility, say medics

Israeli military strikes in the southern Gaza Strip city of Khan Younis eliminated a minimum of 38 individuals given that Thursday night and Israeli forces introduced a....

United Kingdom
Oct 25, 2024

Gold falls on profit taking after record rally

Gold rates fell on Friday as some financiers booked earnings after its recent rally where it struck a record high, although ongoing stress in the Middle East...

United Kingdom
Oct 25, 2024

Zinc slides as inventory arrivals reduce supply worries

Zinc prices dropped on Friday, pulling away from the previous session's 20month high, as stock inflows soothed worries about potential scarcities. The majority of other commercial metals...

Switzerland
Oct 25, 2024

UK court dismisses challenge to Britain's environment change plan

Britain's brand-new climate adjustment strategy is legal, London's High Court ruled on Friday, dismissing a landmark legal obstacle brought by environmental campaigners. Good friends of the Earth...

Switzerland
Oct 25, 2024

Advocates' challenge to Britain's climate change strategy dismissed by UK court

Britain's new environment adaptation method is lawful, London's High Court ruled on Friday, dismissing a landmark legal obstacle brought by ecological campaigners. Friends of the Earth took...

South Asia
Oct 25, 2024

India's JSW Steel posts bigger-than-expected Q2 earnings drop on weak prices, need

India's JSW Steel reported a bigger-than-expected slide in second-quarter revenue on Friday as greater imports of cheap finished steel dragged domestic prices to multi-year lows in the...

Africa
Oct 25, 2024

REFILE-Spurred by shared complaints, BRICS collects rate

As U.S. election jitters hung over this week's conference of international financing chiefs in Washington, a smiling Vladimir Putin was in the Russian city of Kazan inviting...

China
Oct 25, 2024

Chinese nonferrous metals association calls for more discipline in copper smelting

China's copper market need to offer leading priority to regulate smelting capacity to avoid competitive growth and blind competition, an industry authorities stated on Thursday, calling for...

China
Oct 25, 2024

Dalian iron ore climbs after 3-day slide, posts weekly gain

Dalian iron ore futures costs climbed on Friday, ending a threesession slide and finishing greater for the week, as investors waited for even more financial stimulus announcements...

China
Oct 25, 2024

Russian rouble damages a little ahead of expected central bank rate move

The Russian rouble damaged a little against the U.S. dollar and the Chinese yuan on Friday, the day the reserve bank is expected to trek rates at...

China
Oct 25, 2024

Asia Gold-India need picks up somewhat as key festival nears

Gold demand in India ticked up this week ahead of a key festival however recordhigh prices dissuaded lots of retail buyers from making their normal festive purchases....

India
Oct 25, 2024

Dependence to move Dubai crude team back to India in worldwide trade rejig, sources say

India's Reliance Industries Ltd, operator of the world's greatest refining complex, is reorganizing its trading operations, including moving the majority of its Dubai crude oil trading team...

China
Oct 25, 2024

Copper set for weekly decline on China stimulus dissatisfaction

Copper costs eased on Friday and were on track to end the week lower after stimulus measures from leading customer China stopped working to alleviate need concerns....

India
Oct 25, 2024

Germany looks to strengthen defence, military ties with India

German Chancellor Olaf Scholz said on Friday he wished to deepen defence ties with New Delhi and bring the two countries' militaries closer, in remarks following a...

Saudi Arabia
Oct 25, 2024

FOCUS-Can Anglo's copper pivot help ward off renewed takeover bid?

The speed at which Anglo American shifts to becoming a copperfocused miner may well dictate its supreme fate survival as an independent operator, or absorption by a...

China
Oct 25, 2024

China's steel need will likely flatten in 2025, states industry official

Steel demand in China, the world's biggest manufacturer and consumer, will likely flatten or dip somewhat in 2025, industrial authorities stated, alerting mounting threats facing steel exports...

Germany
Oct 25, 2024

Structure products supplier Holcim beats profit forecast

Holcim reported better than expected operating profit throughout its third quarter, the construction products maker said on Friday, despite a. recession in sales. The company, which is...

Saudi Arabia
Oct 25, 2024

Global financiers head to Riyadh financial investment celebration in shadow of war

Global financiers are poised to flock to Saudi Arabia's yearly flagship financial investment conference next week as a tightening up of the kingdom's purse strings and a....

China
Oct 25, 2024

China heads for record 2024 grain harvest of 700 mln T.

China's grain output is set to exceed a record 700 million metric lots this year, a key farming ministry official stated on Friday, calling for continued efforts...

United Kingdom
Oct 25, 2024

Copper set for weekly decline on China stimulus frustration

Copper rates rose somewhat on Friday, however stayed on track to end the week lower after stimulus procedures from top consumer China failed to relieve need concern....

China
Oct 25, 2024

Dalian iron ore climbs after 3-day slide, on track for weekly gain

Dalian iron ore futures prices got on Friday after a threesession slide and were on track for a weekly gain, as a raft of current stimulus steps...

South Asia
Oct 25, 2024

Indian shares off to soft start, dragged down by IndusInd Bank, NTPC

Indian shares were off to a soft begin on Friday after a fourday slide on lacklustre revenues and consistent foreign outflows, dragged down by a drop in...

United States
Oct 25, 2024

Oil heads for weekly gain as Middle East stress keep market on edge

Oil prices nudged higher on Friday and are on track for a weekly gain of more than 1%, as tensions in the world's top oilproducing area, the...

Wind Farms
Oct 25, 2024

DNV Heads Assessment to Help Unlock Funding for Eight US Offshore Wind Projects

Independent energy expert and assurance provider DNV has been appointed to perform technical due diligence to help unlock the financing of eight offshore wind projects on the...

Oil & Gas
Oct 25, 2024

Viridien, SLB Conclude Multi-Client Survey in Australia's Bonaparte Basin

Viridien, formerly CGG, and SLB have completed the data acquisition for a multi-client survey in Bonaparte Basin, offshore Australia.Backed by the industry support and prefunding, the approximately...

South Korea
Oct 25, 2024

Korea Zinc shares struck record highs ahead of tender deal result

Shares of Korea Zinc struck on Friday a fresh alltime high after increasing by as much as 29%, extending gains on the bet the business faces a....

United States
Oct 24, 2024

Gold eyes weekly gains as geopolitical uncertainty improves appeal

Gold costs eased on Friday however was on track for a weekly gain, as financiers looked for the safehaven metal in the middle of rising geopolitical tensions,...

Mexico
Oct 24, 2024

Shootout between warring cartels leaves 16 dead in southern Mexico

A shootout between two fighting criminal groups in Mexico's southern Pacific state of Guerrero on Thursday left 16 people dead, authorities stated, as the country has actually...

United Kingdom
Oct 24, 2024

Oil heads for weekly gain as Middle East tensions keep traders on edge

Oil prices increased on Friday and are on track for a weekly gain of more than 1%, as stress in the world's top oilproducing area, the Middle...

Brazil
Oct 24, 2024

Brazil's Vale posts 15% decrease in Q3 net earnings struck by provisions, lower rates

Brazilian miner Vale, one of the world's largest iron ore producers, stated on Thursday its third-quarter net revenue fell 15% from a year earlier, struck by lower...

Australia
Oct 24, 2024

Australia's Whitehaven jumps on favorable coal price outlook, Q1 output beat

Australian miner Whitehaven Coal stated on Friday that it was positive about further gains in metallurgical coal prices due to provide restrictions, and reported betterthanexpected firstquarter output,...

South Korea
Oct 24, 2024

MBK, Young Poong to require Korea Zinc shareholder conference in push to revamp board

Korea Zinc's top shareholder Young Poong and private equity fund MBK Partners plan to call for an extraordinary shareholder meeting this year seeking approval to select their...

China
Oct 24, 2024

United States copper imports speed up in wake of CME squeeze: Andy Home

The May capture on the CME copper contract has passed but the influence on global flows of the red metal is still playing out. U.S. imports of...

Canada
Oct 24, 2024

Mali implicates Barrick Gold of breaching arrangement, miner denies claims

Mali has actually implicated Barrick Gold of stopping working to comply with commitments made in a current agreement, charges the Canadian miner rejected on Thursday, stating it...

United States
Oct 24, 2024

Quikrete remains in speak to acquire Summit Products, sources say

Structure products service provider Quikrete has approached rival Top Materials, which has a market value of more than $7 billion, with an acquisition deal, individuals acquainted with...

Oct 24, 2024

Magic strive a little history at Nets' cost

Expectations are increasing for the Orlando Magic. After the winningest season in well over a years, Orlando's very first game of the season went exceedingly well, particularly...

United States
Oct 24, 2024

Goldman Sachs raises 2025 aluminum, copper rate outlook

Goldman Sachs on Thursday raised its 2025 aluminum and copper cost projections mentioning greater need potential in top customer China following stimulus measures. The investment bank treked...

United States
Oct 24, 2024

Newmont forecasts flat 2025 production, sees costs at similar levels

Newmont expects 2025 production from its core assets to largely stay reasonably flat compared to this year, due to lowerthanexpected output from 2 freshly acquired mines, the...