Latest news

Czech Republic
Oct 14, 2024

Reserve banks stay keen purchasers of gold, agents inform bullion conference

Reserve banks stay eager purchasers of gold to diversify their reserves for financial or strategic factors, agents of 3 central banks told the London Bullion Market Association's...

Japan
Oct 14, 2024

Japan Inc's investors increasingly challenge management

Investors of Japan's. largest companies are significantly voting against management. resolutions, information showed on Tuesday, spurred on by assistance on. efficient corporate governance and capital allowance set...

Switzerland
Oct 14, 2024

Phillips 66 aims at $3 bln divestitures target with Swiss venture stake sale

Phillips 66 will offer its 49%. nonoperated equity interest in Coop Mineraloel AG to its Swiss. joint endeavor partner for $1.24 billion, the U.S. refiner stated. on...

United States
Oct 14, 2024

Japan's Toyo to produce solar cells in Ethiopia for United States plant

Japan's TOYO Co. Ltd on Monday stated it will develop a 2 gigawatt solar cell factory in Ethiopia that will provide dutyfree elements to a panel factory...

United States
Oct 14, 2024

Middle East supply interruption capacity might send out oil above $100/bbl, Citi says

Citi Research on Monday raised its bull case scenario for oil costs for this quarter and the next one, citing heightened potential of the marketplace to fear...

Brazil
Oct 14, 2024

Brazil's Petrobras and miner Vale have decarbonization collaboration in works

Brazil's Petrobras is discussing a partnership with Vale to help the mining company lower carbon emissions, the staterun oil company's Chief Executive Magda Chambriard stated on Monday....

United States
Oct 14, 2024

Google to purchase power from small modular atomic power plant business Kairos for AI requires

Alphabet's. Google stated on Monday it signed the world's very first business. arrangement to buy power from numerous little modular reactors as. the technology business aims to...

United States
Oct 14, 2024

Baxter imports IV fluids as Cyclone Helene activates U.S. shortage

Baxter International began shipments of intravenous products to the United States from two global facilities last week, it stated on Monday, as it works to bring a....

Azerbaijan
Oct 14, 2024

EU ministers settle on COP29 negotiating position - official

EU environment ministers settled on the bloc's working out position ahead of the police officer 29 United Nations environment top in Azerbaijan next month, a. council declaration...

South Asia
Oct 14, 2024

Islamist militants kill four, including three cops, in Pakistan

Islamist militants stormed a northwestern Pakistani district cops office on Monday, eliminating three police officers and a civilian before police shot and eliminated all five attackers. Provincial...

Brazil
Oct 14, 2024

Brazil's Petrobras mulls alter to extraordinary dividends rule

Brazilian staterun oil giant Petrobras is thinking about changes to guidelines on the payment of remarkable dividends as part of its new fiveyear strategic plan, Chief Financial...

Africa
Oct 14, 2024

S.Africa's Eskom: 36% tariff hike needed because of earlier regulative decisions

South African energy Eskom has asked the energy regulator to approve a 36% power tariff trek from April next year due to the fact that of a...

United States
Oct 14, 2024

Gold edges lower as US dollar rally curbs upside

Gold rates alleviated on Monday as broad economic stimulus measures in China, the biggest bullion consumer, failed to invoke financier confidence and a U.S. dollar rally to...

Environment
Oct 14, 2024

Climate modification finance might land at 'hundreds of billions', COP29 leaders say

Trillions of dollars are needed to help attend to the causes and effects of climate change, but leaders of the upcoming COP29 United Nations environment top in...

India
Oct 14, 2024

India's Dependence reports drop in Q2 profit on weaker fuel margins

India's Dependence Industries reported a drop in secondquarter earnings on Monday, injured by weak fuel refining margins and lower need for petrochemicals. The Mukesh Ambani-led corporation posted...

Italy
Oct 14, 2024

Egypt eyes gas production increase

Egypt prepares to increase natural gas production from a number of crucial concession areas, including its huge Zohr field, in 2025, Petroleum Minister Karim Badawi stated on...

United Kingdom
Oct 14, 2024

Copper prices struck by little information on China stimulus

Copper prices dropped on Monday due to an absence of detail on China's stimulus plans, deflationary pressures in the top customer and a firm dollar, however greater...

Hong Kong
Oct 14, 2024

HSBC probes China Peak wealth service on costs and control, say sources???

HSBC Holdings Plc. is examining expenses and functional controls at its. China digital wealth company Pinnacle, in a move that could. result in layoffs and mark an...

China
Oct 14, 2024

World Steel Association reduces 2024 global steel need forecast

Worldwide steel need is anticipated to decline in 2024 for the third year running as production and economic growth remain weak, the World Steel Association (WorldSteel) said...

China
Oct 14, 2024

China copper, iron ore stay stimulus believers, but others sceptical: Russell

Western and Chinese investors had various responses to the current stimulus pronouncements by Beijing, and it's most likely that both groups are somewhat missing out on the...

Africa
Oct 14, 2024

OPEC cuts 2024, 2025 global oil demand development view again

OPEC on Monday cut its projection for worldwide oil need growth in 2024 reflecting information received so far this year and likewise decreased its projection for next...

United Kingdom
Oct 14, 2024

Investment wins for UK's new federal government as it holds summit

British Prime Minister Keir Starmer invited worldwide magnate to London on Monday for a financier summit where business pledged billions of pounds of investment into Britain. Below...

United Kingdom
Oct 14, 2024

Sibanye deals with $522 million claim over cancelled Brazil mines deal

Sibanye Stillwater faces a $522 million compensation claim from investment company Appian Capital Advisory over the termination of a $1.2. billion offer to buy Appian's Brazilian nickel...

United States
Oct 14, 2024

Gold steadies as China stimulus strategy dulls threat cravings

Gold prices steadied on Monday amidst a risk-off mood driven by an underwhelming China fiscal stimulus, while financiers awaited comments from U.S. Federal Reserve authorities for tips...

Taiwan
Oct 14, 2024

MORNING BID AMERICAS-China doubts as economy has a hard time, United States bonds closed

A take a look at the day ahead in U.S. and global markets from Mike Dolan With U.S. Treasury markets closed on Monday, Wall Street stocks are...

Australia
Oct 14, 2024

China Sept iron ore imports raised by lower prices, need hopes

China's iron ore imports in September rose 2.7% from August and climbed 2.9% from the year before, customs data revealed on Monday, as reservations were motivated by...

Australia
Oct 14, 2024

China Sept copper imports climbs from previous month on seasonal demand, brighter outlook

China's imports of unwrought copper increased in September from the prior month, customs data revealed on Monday, due to enhancing seasonal need and a. much better intake...

Singapore
Oct 14, 2024

World shares stuck, oil down as China stimulus prepares too vague for financiers

Stock exchange held below last month's record highs on Monday, while the Chinese yuan and oil prices compromised as China's broad economic stimulus pledges made over the...

Japan
Oct 14, 2024

MBK, Young Poong secure more than 5% stake in Korea Zinc, source states

Personal equity firm MBK and Young Poong have secured a more than 5% stake in Korea Zinc through a tender deal that closed on Monday, a person...

Kuwait
Oct 14, 2024

Major Gulf markets mixed in early trade

Significant stock markets in the Gulf were blended in early trade on Monday as geopolitical tensions rose in the region and financiers braced for thirdquarter profits. Tensions...

Scandinavia
Oct 14, 2024

EUROPE GAS-Prices edge higher amidst Norwegian upkeep, Middle East fears

Dutch and British wholesale gas costs edged higher on Monday early morning as upkeep curbed supply from Norway and the market continued to be worried over escalation...

China
Oct 14, 2024

Iron ore futures advance as fresh Beijing stimulus hopes lift steel market outlook

Iron ore futures climbed on Monday as restored prospects of additional financial stimulus from China following a key government briefing raised belief in the leading customer's steel...

China
Oct 14, 2024

China copper, iron ore stay stimulus followers, however others sceptical: Russell

Western and Chinese financiers had different reactions to the latest stimulus pronouncements by Beijing, and it's most likely that both groups are somewhat missing the point. At...

China
Oct 14, 2024

8 monkeys discovered dead at Hong Kong zoo, government states

Eight animals were found dead in a Hong Kong zoo, the city's federal government said on Monday, a. rare incident in the financial center, with necropsy and...

United Kingdom
Oct 14, 2024

London base metals slip as China stimulus strategy does not have information

Nonferrous metals fell in London on Monday following insufficient stimulus details from Beijing, with downbeat Chinese economic data adding to the decrease. Three-month copper on the London...

China
Oct 14, 2024

Iron ore futures climb up as fresh Beijing stimulus hopes lift steel market outlook

Iron ore futures climbed on Monday as potential customers of more fiscal stimulus from China raised sentiment in the top customer's steel market. The most-traded January iron...

Sweden
Oct 14, 2024

Inexpensive hybrid tech gives Renault breathing space in difficult EV transition

Renault CEO Luca de Meo's bet on a lowcost transmission technology is permitting the French carmaker to gain ground in Europe's fastgrowing hybrid car market, providing it...

India
Oct 14, 2024

Gold dips on firmer dollar; attention on Fed cues

Gold prices alleviated on Monday, weighed down by a firmer U.S. dollar, while financiers looked out for fresh clues on Federal Reserve interest rate cuts. Spot gold...

India
Oct 14, 2024

Indian shares likely to open greater; Reliance revenues, Sept inflation data waited for

Indian shares are most likely to open slightly higher on Monday, with investors eyeing earnings reports from Dependence Industries and HCL Tech to start a results-heavy week,...

China
Oct 14, 2024

London base metals slip as China stimulus strategy does not have information

Nonferrous metals fell in London on Monday after somewhat underwhelming stimulus from China and weak inflation data weighed on the market. Three-month copper on the London Metal...

United States
Oct 13, 2024

Asia shares stutter on diverging takes of China's stimulus pledges

Asian stocks swung between gain and loss on Monday as investors had a hard time to reach a. agreement view on China's economic stimulus promises made over....

China
Oct 13, 2024

Asia shares await China markets' response to detail-thin stimulus pledges

Asian stocks hardly budged in early holidaythinned trade on Monday, with investors anxious as to how markets in mainland China would react to government economic stimulus guarantees...

China
Oct 13, 2024

Oil prices fall by more than $1 on deflation concerns in China

Oil prices fell by more than $ 1 a barrel, losing over 1.5% in early trading on Monday, after frustrating Chinese inflation information and a lack of...

North Korea
Oct 13, 2024

North Korea says border systems on standby to shoot in the middle of drones conflict

North Korea's artillery near the border with South Korea have actually been bought to be prepared to fire in the middle of frictions over drones that Pyongyang...

India
Oct 13, 2024

Ambani's Reliance lobbies India minister on satellite spectrum in new face-off with Musk

Indian billionaire Mukesh Ambani's Reliance has privately argued that the telecom regulator incorrectly concluded that home satellite broadband spectrum needs to be allocated by New Delhi and...

China
Oct 13, 2024

Pakistan separatist militants BLA reject participation in attack on mines

The Baloch Freedom Army, a militant separatist group in Pakistan, rejected participation in an attack that eliminated at least 21 mine employees, condemning the violence. Dozens of...

United States
Oct 12, 2024

'Paradise is still paradise' - Floridians vow to rebuild after two hurricanes

Chris Fiore was supposed to be accepting shipment of new home devices and furniture, replacing items that were overloaded by Typhoon Helene just a couple of weeks...

Iraq
Oct 12, 2024

Iraqi oil output was listed below OPEC+ quota in September, states gov' t official

Iraq produced 3.94 million barrels daily (bpd) of oil in September, less than its OPEC+. output quota of about 4 million bpd, an Iraqi official stated on....

Israel
Oct 12, 2024

Israeli strikes eliminate 19 individuals in Gaza, medics state, as tanks push much deeper north

Israeli military strikes on Gaza overnight killed a minimum of 19 Palestinians, medics said on Saturday, while forces continued to push much deeper into the Jabalia location,...

Lebanon
Oct 12, 2024

Israel orders evacuation of more southern Lebanese towns amid increasing displacement

The Israeli military purchased citizens of 22 southern Lebanese towns on Saturday to leave to areas north of the Awali River, which flows from the western Bekaa...