Latest news

Germany
Oct 30, 2024

Nissan might partner with Renault on new small EV for Europe

French automaker Renault is in talks with Nissan to help the Japanese company bring to market its own variation of Renault's electric Twingo, as the alliance partners...

France
Oct 30, 2024

North Macedonia's UNESCO World Heritage site Lake Ohrid at danger from contamination

Lake Ohrid, a. UNESCO World Heritage website that straddles North Macedonia and. Albania, is at threat from pollution, overfishing, and urban. advancement, the United Nations body and...

Carbon Emissions
Oct 30, 2024

Private cash, levered by public cash, need to dominate EU investment, ministers say

Europe's investment requirements in the economy's green and digital shift, defence and research needs to be financed by personal money, with public cash serving only to utilize...

Mexico
Oct 30, 2024

Mexican reporter shot dead in violent western state

The head of an online news outlet in Mexico was shot dead soon after hosting a live social media broadcast late on Tuesday, authorities and the victim's...

Spain
Oct 30, 2024

Soccer-Spanish Copa del Rey matches held off due to floods in Valencia

The Spanish football federation (RFEF) held off 4 Copa del Rey matches on Wednesday after the worst flash floods in 3 years swept the eastern region of...

Switzerland
Oct 30, 2024

Bunge revenue tops estimates on grain, oilseed volumes; 2024 outlook undamaged

Bunge went beyond Wall Street expectations for thirdquarter profit on Wednesday as big international harvests supplied the grain trader and processor enough volumes of soy, corn and...

Ukraine
Oct 30, 2024

United States cracks down on Russia sanctions evasion in fresh action

The United States on Wednesday enforced curbs on numerous targets in fresh action against Russia, taking aim at sanctions circumvention in a. signal that the U.S. is...

Africa
Oct 30, 2024

Namibia reduces 2024 development projection on diamond downturn, dry spell

Namibia has reduced its financial growth projection for this year, Finance Minister Iipumbu Shiimi said on Wednesday, mentioning a depression in need for diamonds and a severe...

Africa
Oct 30, 2024

At least 10 shot dead in Mozambique post-election protests, medical associations say

At least 10 people were shot dead and another 63 hurt by shooting during postelection demonstrations in Mozambique last week, medical associations said on Wednesday, as the...

Norway
Oct 30, 2024

Aker BP open to more M&An along with financial investment plans, CEO states

Norwegian oil significant Aker BP is open to expansion via mergers and acquisitions even as it goes through a period of rapid financial investment in its own...

France
Oct 30, 2024

UK increases windfall tax on North Sea oil and gas producers

The British federal government will increase a windfall tax on North Sea oil and gas manufacturers to 38% from 35% and extend the levy by one year,...

United States
Oct 30, 2024

Oil rises as sources say OPEC+ may postpone planned December oil output boost

Oil rates rose more than 2% on Wednesday, after Reuters reported OPEC+ could delay a prepared oil production increase set up to take effect in December by...

United States
Oct 30, 2024

Martin Marietta cuts annual sales forecast as storms struck operations

Martin Marietta cut its annual sales forecast and reported lower quarterly results on Wednesday, after the structure product supplier's operations were struck by storms and severe weather....

Saudi Arabia
Oct 30, 2024

OPEC+ could delay organized December oil output walking, sources say

OPEC+ could postpone a. planned hike in oil production arranged to take effect in. December by a month or more, three sources informed Reuters on. Wednesday, pointing...

Africa
Oct 30, 2024

Suspected cult members kill eight in Uganda town

Suspected cult members assaulted a village in Uganda, eliminating a minimum of 8 individuals, consisting of a kid as young as 3 and members of the enemies'...

Oil Refineries
Oct 30, 2024

Russia might see $1.4 bln in budget savings from fuel tax tweaks in 2025

Changes to aids paid to oil refineries may bring additional 136 billion roubles ($ 1.40. billion) next year for the Russian state spending plan, Reuters. calculations revealed,...

United States
Oct 30, 2024

Oil, bonds divergence highlights United States financial fears: McGeever

U.S. Treasury yields often move in tandem with the cost of oil, however this relationship has broken down in current weeks, suggesting that the nearterm inflation outlook...

United States
Oct 30, 2024

Czech guard dog restricts nuclear power contract signing amid appeals

The Czech anti-monopoly office UOHS put a short-lived block on the conclusion of a contract with South Korea's KHNP for the building and construction of a new...

United States
Oct 30, 2024

Energy firm Exelon's revenue beats quotes on higher electrical energy rates

Utility company Exelon beat Wall Street estimates for thirdquarter revenue on Wednesday, helped by greater electricity rates. U.S. electrical utilities have actually been seeking to raise customer...

United States
Oct 30, 2024

Eli Lilly's weight-loss drug misses Wall Street expectations, shares topple

Eli Lilly missed out on Wall Street estimates for its popular weightloss and diabetes drugs on Wednesday, struck by a decline in U.S. wholesale inventory and sending...

United Kingdom
Oct 30, 2024

Copper rates constant as traders eye United States election, essential China meeting

Copper rates were the same on Wednesday as traders braced for a necktoneck U.S. governmental election, due on Nov. 5, and awaited leading metals customer China to...

Israel
Oct 30, 2024

Israeli strikes kill 20 Palestinians in Gaza, medics state

A series of Israeli military strikes throughout the Gaza Strip eliminated a minimum of 20 individuals on Wednesday, medics stated. Eight individuals were eliminated in a strike...

Japan
Oct 30, 2024

Kansai Elec, Tepco H1 revenues fall due to fuel modification losses

Japan's Kansai Electric Power and Tokyo Electric Power reported on Wednesday drops in their firsthalf net profit of 38% and 46%,. respectively, due to losses linked to...

Saudi Arabia
Oct 30, 2024

Saudi Arabia 'doubling down' on financial change plan, financing minister states

Saudi Arabia is enhancing its dedication to a financial improvement plan created to wean the economy off oil, its finance minister stated on Wednesday, as the Gulf...

United States
Oct 30, 2024

Ford investors restless for the car manufacturer to accelerate effectiveness efforts

Ford Motor stock has tumbled about 8% so far today after the business failed on CEO Jim Farley's mission to enhance efficiency in its standard gasolineengine operations,...

Spain
Oct 30, 2024

Spain's Cepsa rebrands as Moeve in low-carbon shift

After almost a century, Spain's secondlargest oil company Cepsa is altering its name to Moeve to reflect its shift towards lowcarbon services, Chief Executive Maarten Wetselaar informed...

Africa
Oct 30, 2024

Saudi Arabia in innovative talks over Zambia copper mine stake, Ma'aden CEO states

Saudi Arabia is in the advanced stages of talks about a stake in a copper mine in Zambia and is expecting an offer by the end of...

Singapore
Oct 30, 2024

Singapore distillates stocks gain after 4 weeks regardless of net exports

Singapore's middle distillates stocks acquired for the first time in 4 weeks to nearly 9.4 million barrels, regardless of net exports of diesel and jet fuel both...

United States
Oct 30, 2024

Chinese automaker Geely steps up challenge to BYD with brand-new hybrid tech

China's Geely Vehicle Holdings took the covers off its newest hybrid innovation on Wednesday, boasting some much better fuel economy and driving variety figures than competing innovation...

France
Oct 30, 2024

Schneider, Legrand, Rexel and Sonepar fined in French cost repairing probe

France's competitors authority stated on Wednesday it had actually fined electric equipment makers Schneider Electric, Legrand, Rexel and Sonepar an overall of 470 million euros ($ 508.49...

Vietnam
Oct 30, 2024

Vietnam states Saudi Aramco wishes to buy oil refining, gas circulation

Oil huge Saudi Aramco wants to invest in the oil refinery sector and petroleum distribution in Vietnam, the Southeast Asian nation's. federal government stated in a declaration...

China
Oct 30, 2024

Russian rouble a little up vs U.S. dollar in thin trade

The Russian rouble reinforced somewhat against the U.S. dollar on Wednesday however stayed consistent against China's yuan and the euro in thin trade, following completion of the...

Finland
Oct 30, 2024

Outokumpu tops Q3 core profit forecast, however warns of tough Q4

Finnish stainless-steel maker Outokumpu reported thirdquarter core profit above market expectations on Wednesday, supported by greater recognized rates for stainless-steel in Europe and its strong ferrochrome service....

China
Oct 30, 2024

Iron ore rangebound as EU tariff hike issues counter China's financial stimulus optimism

Iron ore futures were rangebound on Wednesday, as issues over steel demand in top consumer China fired up by the European Union's decision to hike tariff on...

Canada
Oct 30, 2024

BHP has actually carried on from Anglo American, business chairman states

BHP has actually moved on to concentrate on other development chances after its failed bid for Anglo American previously this year, the business's chairman said on Wednesday,...

India
Oct 30, 2024

India's gold need to hit four-year low in the middle of cost rally, World Gold Council states

India's gold demand in 2024 is most likely to fall to its most affordable in 4 years as a rally in rates to a record high is...

China
Oct 30, 2024

China's CNGR preparing $10 bln battery product center in Indonesia

Chinese battery material maker CNGR Advanced Product Co is preparing to build an integrated production center worth $10 billion in nickelrich Indonesia, a local authorities for the...

Nigeria
Oct 30, 2024

Dangote says refinery has 500 mln litres of fuel in storage, can meet Nigeria's demand

Nigeria's Dangote oil refinery has a stockpile of 500 million litres of fuel, its billionaire creator stated, countering claims by online marketers who asserted they required to...

Africa
Oct 30, 2024

Botswana's Debswana diamond sales fall over 50% in first nine months of 2024

Sales of rough diamonds at the Debswana Diamond Company fell about 52% in the very first nine months of 2024, information launched by Botswana's central bank on...

United Kingdom
Oct 30, 2024

Gold scales record peak as United States election jitters fuel safe-haven rush

Gold struck an alltime peak on Wednesday as financiers gathered towards the safehaven metal with less than a week left for the U.S. presidential election, while they...

Spain
Oct 30, 2024

VEGOILS-Palm retreats on profit-taking, issues of widening premium over rival oils

Malaysian palm oil futures fell on Wednesday, weighed down by profittaking and concerns that a widening premium over rival oils might moisten need. The benchmark palm oil...

China
Oct 30, 2024

Copper prices suppressed ahead of US election, essential China meeting

Copper costs flitted in narrow varieties on Wednesday as traders braced for a securely contested U.S. presidential election and likewise waited for leading metals customer China to...

Scandinavia
Oct 30, 2024

Verdane raises about $750 mln for energy transition fund

European private equity company Verdane has actually raised 700 million euros ($ 755 million) for its second fund concentrated on business assisting to decarbonise the economy, its...

China
Oct 30, 2024

China's Baosteel anticipates Simandou to mine first freight by end 2025

China's most significant listed steelmaker, Baoshan Iron & & Steel, expects the Simandou iron ore project in Guinea to finish facilities building and construction and my own...

China
Oct 30, 2024

Toyota worldwide output drops for 8th straight month in September

Toyota Motor stated on Wednesday its around the world production fell for a 8th straight month in September, as both sales and output decreased in its two...

China
Oct 30, 2024

Iron ore slips as EU tariff hike concerns outweigh China's financial stimulus optimism

Iron ore futures moved on Wednesday, as concerns over steel need in leading customer China sparked by the European Union's decision to hike tariff on Chinese electric...

Wind Farms
Oct 30, 2024

RWE to Employ Innovative Ecosystem Monitoring Tech at Kaskasi Offshore Wind Farm

RWE has launched the SeaMe project in partnership with leading scientists to gain better understanding of the interactions between offshore wind farms and the ecosystem through the...

South Korea
Oct 30, 2024

Korea Zinc shares dive after announcing $1.8 bln brand-new stock issuance

Shares in Korea Zinc fell as much as 29.9% to their everyday lower limit in Wednesday's trade, after the world's leading zinc refiner announced a strategy to...

United States
Oct 30, 2024

British Organization - Oct 30

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

United States
Oct 30, 2024

Asia shares stumble on China headwinds; gold and bitcoin buoyant

Asia shares eased on Wednesday on the back of weakness in China, as financiers brace for a tightly contested U.S. election that might have big ramifications for...