Oil prices fell on Tuesday due to concerns about oversupply. OPEC+ increased production despite a weak outlook for demand. This more than offset the possibility of a...
The Inch Cape Offshore Wind Farm offshore jacket foundation and substation platform have been installed at the North Sea site of the 1.1 GW Scottish project.The Siemens...
Toyota Motor and Honda Motor will report lower first-quarter earnings in the coming week as U.S. tariffs on imports and a stronger Japanese yen impact profits, despite...
Gold edged higher on Tuesday for a 4th session, supported by a weaker dollar and lower Treasury yields. Weaker-than-expected U.S. job data boosted expectations of a September...
Iron ore futures rose for the third consecutive session on Tuesday. This was aided by a resilient short-term demand from China, a major consumer. However, expectations of...
Hong Kong's Weather Bureau said that its highest "black", or rainstorm, warning would remain in effect until 11 am on Tuesday. Heavy rains pounded the Asian financial...
Investors increased their bets that the Federal Reserve would act to support the world's biggest economy by boosting the shares in Asia for the second consecutive session....
The Australian government announced on Tuesday that it would provide A$135 (US$87.4M) in financial assistance to two smelters in Australia's southern region owned by Nyrstar. Nyrstar is...
After three days of declining oil prices, Tuesday's price was little changed. The market was still concerned about oversupply after OPEC+ decided to increase output by a...
Donald Trump, the U.S. president, threatened again on Monday to increase tariffs on Indian goods over their Russian oil purchases. New Delhi, however, called the attack "unjustified",...
Brazil has refused to move the COP30 global climate summit scheduled for November from Belem despite mounting pressure due to the soaring prices of accommodation in the...
Brazil has refused to move the global COP30 summit scheduled for November from Belem despite mounting pressure due to the soaring prices of accommodation in the Amazonian...
The Russian metals company Nornickel announced on Monday that its net profit in the first half of 2025 increased by 2%, to $842 millions. This was due...
Sibanye Stillwater asked the United States for consideration of imposing a tax on Russian imports in order to ensure the viability of U.S. palladium supplies in the...
Four trade sources reported on Monday that Indian Oil Corp had purchased 7 million barrels from the United States and Canada, as well as the Middle East....
On Monday, the Russian rouble was slightly higher against the U.S. Dollar and flat against the Chinese yuan. This is because Steve Witkoff, the special envoy of...
Gold prices rose Monday for the third consecutive session after economic data from last week fueled expectations that interest rates would be cut by the U.S. Federal...
Gold Fields South Africa expects to see its half-year profits rise by up to 236% on Monday. This is due to higher gold production as well as...
Lummus Technology, a provider of energy solutions, announced on Monday that it had filed confidentially for an initial public offer in the United States. This is part...
According to the National Centre of Meteorology, the United Arab Emirates will experience a record-breaking summer this year after a scorching spring. Temperatures reached near-record highs in...
Prices of copper rose on Monday, mainly due to supply concerns following a deadly mining accident in Chile, which is the world's largest producer. However, gains were...
Chemours DuPont Corteva has agreed to pay $875 Million over 25 Years to the State of New Jersey in order to settle environmental claims, including pollution related...
It would have been a bold prediction a couple of months back to claim that OPEC+ could bring back 2,5 million barrels of crude oil production per...
Sixth Street, a U.S.-based investment firm, announced on Monday that it had purchased 38% of Sorgenia. The deal values Sorgenia at $4.65 billion. Asterion Industrial Partners, a...
The oil price fell to its lowest level in a week after OPEC+ agreed on a large increase in production in September. However, traders remained cautious about...
Witnesses said that armed men riding motorbikes kidnapped and killed at least 11 people, including women and young children, in an area of northwest Nigeria plagued with...
McEwen Mining is expecting to finish a feasibility study on its Los Azules Copper Mine in Argentina within two months. This will allow the Canadian miner the...
EDF, the operator of France's Flamanville 3 reactor, said that it is experiencing further delays in maintenance and will not be able to restore production until October...
Five dealers report that India's imports of palm oil fell in July due to cancellations of import contracts. However, soyoil exports surged at a three-year high, thanks...
The Italian Competition Authority (AGCM), imposed on Monday a fine of 1 million euros ($1.16million) on fast fashion online retailer Shein, founded in China for misleading its...
Mitsubishi Materials, Japan's copper concentrate processor, is looking at reducing the amount of copper concentrate processed in its Onahama Smelter & Refinery due to falling treatment and...
Japanese trading house Mitsubishi posted a net loss of 203.1 billion Japanese yen (about $1.4 billion) for the three-month period ending June 30. This was down 43%...
Iron ore prices rose on Monday due to a strong near-term demand and falling portside stock, as well as healthy steel margins for the top consumer, China....
The dollar fell on Monday as a result of weaker than expected U.S. employment data. This boosted the odds for a Federal Reserve rate cut in September....
Short-term remedies drive response Heat is a major problem in cities, but there are no budgets allocated to it Two-thirds Indians are at risk from extreme heat...
Malaysia's trade minister announced on Monday that the country will spend up to 150 billion dollars in the next five year to purchase equipment from U.S. multinationals...
JFE Holdings posted a net profit of 7.1 billion yen (48 million dollars) on Monday, down 74% compared to a year ago and below analysts' expectations. Analysts...
JSW Steel announced on Monday that a joint venture between India's JSW Steel, and Japan's JFE Steel, will invest 669 million dollars to increase production capacity for...
Beijing warned its residents to prepare for more heavy rains in the mountains of the city, one week after the deadly floods that killed dozens. Weather forecasters...
Indian Oil Corp. (IOC), India's largest refiner, bought 7 million barrels from United States, Canada, and Middle East crudes arriving in September via an auction, according to...
The Financial Times reported that BP would announce an update on its $5 billion cost cutting initiative on Tuesday amid increasing pressure from activist investors Elliott Management...
Wayne Cole gives us a look at what the future holds for European and global markets. The dollar and U.S. stock futures are both rising, so it's...
According to her publicist, actress Loni Anderson died at the age of 79. She was best known for her role in "WKRP In Cincinnati" as a glamorous,...
Beijing warned residents to stay indoors if it rains heavily on Monday, following the recent floods that killed dozens in the Chinese capital. Weather forecasters have warned...
Gold prices fell on Monday, as investors took profits following a steep rise the previous session. This was due to weaker than expected U.S. employment data which...
Four people have died and over 5,900 people have been evacuated from southern Taiwan following the island's record rainfall of more than an entire year in the...
Iron ore prices rose on Monday due to a combination of strong near-term demand and falling portside stock, as well as healthy steel margins, in the top...
BlueScope Steel, Australia's largest steelmaker, announced on Monday that it had assembled a large consortium of international steelmakers to bid on Sanjeev's Whyalla Steelworks. This comes more...
Early Asian trading on Monday saw oil prices drop after OPEC+ agreed that they would increase production by a large amount in September. Brent crude futures were...
We use cookies to improve your website experience. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Use.
