LONDON, MAY 13 - Since the massive Israeli-U.S. airstrikes against Iran began on February 28, the war has ravaged infrastructure and economies in the Middle East and...
MSCI's global equities index advanced with the dollar Wednesday. U.S. treasury yields also saw a slight increase as investors evaluated hotter than expected inflation data, all while...
G.O.I., a Cypriot private equity fund, has agreed to purchase the Sicilian oil refiner ISAB. The Italian group Energy said Wednesday that the Iran War has revealed...
Canada's main stock index dropped on Wednesday, as gold and technology stocks?came under pressure?while investors viewed developments?around the Middle East conflict and U.S. president Donald Trump's China...
The 'International Energy Agency' said on Wednesday that Europe's jet fuel supply from the Middle East has plummeted since April and the region is not able to...
Evika Silina, the Latvian Prime Minister, was left without a majority in the 'parliament' on Wednesday after the 'left-wing Progressives Party' announced that it would withdraw its...
The gold price fell a second time on Wednesday, as inflation fears fueled by war weighed down on the expectations of interest rate reductions. Markets were also...
India, which is the second largest gold consumer in the world, raised its tariffs for gold and silver from 6% to 15%, as the Iran war strains...
Ashwini Vaishnaw, India's Information Minister, said that the cabinet had approved a scheme worth 375 billion rupees ($3.92billion) to promote coal gasification, which will reduce reliance on...
Due to 'bullish technical indicators and the outperforming of prices in the U.S. The benchmark three-month 'copper' on the London Metal Exchange rose 0.8% to $14138 per...
According to shipping data and industry sources, India's Haldia Petrochemicals has turned to Oman in order to compensate for a shortage of naphtha from Kuwait and Qatar...
Chinese companies in Indonesia are calling for more business-friendly policy, warning that tighter nickel ore quotas and higher taxes, as well as a new pricing formula, are...
This week, the U.S. will likely move closer to a managed trade system for non-sensitive products. Each side may identify $30 billion in goods that they can...
The HUR military intelligence agency reported that on Wednesday Russia launched a likely?long-lasting air strike on Ukraine's critical infrastructure facilities. The President of Ukraine, Volodymyr Zelenskiy, had...
European stocks rose Wednesday, and Wall Street is set to open higher as markets recover from previous losses. However, bond yields remain high as hope for a...
Investors watched a fragile Middle East truce and awaited a high stakes summit between U.S. president Donald Trump?and China’s Xi Jinping in Beijing. Brent crude futures were...
Brenntag, a German chemical distributor, posted a better-than-expected quarterly profit on Wednesday. Price increases and cost reductions helped, but the company warned of higher crude costs due...
Keir starmer, British Prime Minister, will seek to assert his authority on his Labour Party as his government unveils 37 bills for next parliament session. These include...
Equinox Gold announced on Wednesday that it would purchase Orla Mining as part of a 'all-stocks deal' to create a North American Gold Producer?worth $18.5 billion. Orla...
The government announced a temporary reduction in 'fuel taxes' and other measures to shield businesses and households from the rising cost of energy due to the war...
The cabinet of German Chancellor Friedrich Merz agreed Wednesday to scrap a controversial 2023 law that?required building heating systems use at least 65 percent renewable energy. This...
Gold prices fell on Wednesday, following a strong U.S. Inflation data dampened speculation 'of interest rate cuts in the near future. At 0946 GMT the spot gold...
Eight people were killed by Israeli airstrikes on a highway south Beirut on Wednesday, Lebanon's?health?ministry? said, as the conflict between Hezbollah, Israel and Lebanon continued, just before...
European'stocks' rose on early Wednesday trading as markets recovered from previous session losses. The price of 'oil also declined from recent highs, even though hopes for a...
Bola Tinubu, the President of Nigeria, said that Nigeria will spend $11.6 billion in 2026 servicing its debt, which is nearly half of the projected revenue for...
Nippon Steel is Japan's largest steelmaker. On?Wednesday, it said that its net profit for the fiscal year ending in March will?increase dramatically to a?220 billion ($1.4 billion)....
Gold prices extended ?losses on Wednesday as uncertainty over ?the Middle East conflict and stronger-than-expected ?U.S. ?Inflation data dampened hopes for Federal Reserve rate reductions, as attention...
The central bank of Sweden can wait until it has a better picture to adjust policy. Erik Thedeen, Governor of the Riksbank, said that "the focus is...
Ukraine resumed drone attacks on Russia’s oil refineries on Wednesday, just two days after the three-day ceasefire that was proposed by U.S. president Donald Trump had expired....
Australian shares fell on Wednesday as investors sold Commonwealth Bank and other lending institutions. The?top?bank's missed profit heightened fears that Canberra's proposed curbs to tax incentives for...
After an initial selloff, Asian stocks recovered their footing on Thursday. This was helped by a rebound in Korean shares. MSCI's broadest Asia-Pacific share index?outside Japan rose...
Gold prices ?extended losses on Wednesday as uncertainty ?in the Middle East and stronger-than-expected ?U.S. ?Inflation data dampened hopes for Federal Reserve rate reductions, as attention was...
The global index provider MSCI announced earlier on Wednesday that it had added four Indian stocks to its Global Standard Index, which is widely tracked. These changes...
The rise in government borrowing costs over the long term is not slowing down, and there are more aggravators every day. If you have been enthralled by...
India's macroeconomic prospects have been clouded by a sustained rise in energy prices caused by the Iran 'war'. This has prompted policymakers to take crisis-era measures to...
Gold prices ?extended losses on Wednesday as ?uncertainty in the Middle East and stronger-than-expected ?U.S. Gold prices?extended losses on Wednesday as?uncertainty in the Middle East and stronger-than-expected?U.S....
Indonesia's Financial Services Authority said that on Wednesday, there was no panic sale of shares following MSCI's removal of?six companies from its Indonesia Global Standard Index. They...
Gold ?prices edged lower on Wednesday as ?uncertainty in the Middle ?East ?and stronger-than-expected U.S. inflation data dimmed hopes for Federal Reserve rate cuts. As of 0231...
The stock market started Wednesday's Asian session in a negative mood, as the U.S. inflation rate was higher than expected and underscored the growing economic impact of...
The oil prices dropped on Wednesday, after having risen for a?three-session period. Investors awaited the outcome of the fragile ceasefire agreement in the Iran 'war. Brent crude...
Officials in the region said that Russian forces attacked Ukraine's Dnipropetrovsk Region on Tuesday and killed at least six people. This was after a ceasefire brokered by...
Ananym Capital Management, an activist investor, believes that BWX Technologies stock could double over the next few years if it commercializes a nuclear reactor design that was...
India raised its import tariffs for gold and silver to 15%, up from 6%. This is part of a move to reduce overseas purchases and to ease...
Wall Street's major equity indexes fell on Tuesday, and the dollar rose as U.S. inflation increased and oil gained for the third consecutive day. Hopes for a...
The Ministry of Finance and Prices announced on Tuesday that Cuba would introduce variable fuel prices at the pump starting May 15, to reflect "actual" import costs...
Officials in the region said that Russian forces attacked Ukraine's Dnipropetrovsk Region on Tuesday. At least six people were killed, they added, after a ceasefire brokered by...
Gold prices were under pressure Tuesday, as the oil price rose due to falling hopes of an Iran peace agreement. This added to concerns about inflation and...
Two 'people who are familiar with the matter' said this week that Brazilian steelmaker CSN had received non-binding offers for its cement division by Friday. The deadline...
The Energy Information Administration's Short-Term Energy Outlook released on Tuesday predicted that U.S. electricity consumption would continue to rise in 2026 & 2027. The EIA projects that...
The refining industry is trying to sabotage the biofuels initiative. The industry is now closer to reaching a goal that they've been pursuing for years. However, they...
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