Latest news

United States
Aug 14, 2025

The Russian rouble is weakening towards 80 dollars per rouble, with the Putin-Trump summit in focus

The Russian rouble weakened from a week-high on Thursday, falling to 80 per dollar. This was aided by the hope of positive U.S. - Russia talks this...

United States
Aug 14, 2025

Dollar suffers as stocks take a break and the Fed's rate cuts continue.

Investors paused the global stock rally on Thursday as they awaited the release of data from the U.S. Producer Prices later that day, which may reveal how...

United Kingdom
Aug 14, 2025

The race to find a solution in the deadlock plastic pollution talks

The talks to create the first legally-binding treaty in the world to combat plastic pollution could end without a deal, as countries rush to find a possible...

United States
Aug 14, 2025

Sources say that Reliance India has purchased rare fuel oil from HPCL.

Seven industry sources confirmed that Reliance Industries has been buying rare fuel oil from Hindustan Petroleum Corp., India's largest buyer of Russian oil. The purchase suggests that...

China
Aug 14, 2025

Dollar firms as gold prices fall; investors watch U.S. economic reports

Gold prices fell on Thursday, despite expectations that the Federal Reserve will cut interest rates in September. This was due to a slight increase in the U.S....

United States
Aug 14, 2025

Congolese mining firm rejects US accusations following sanctions

The Congolese company sanctioned this week by the United States has "categorically rejected" allegations that it is linked to armed group and mineral smuggling within the turbulent...

South Asia
Aug 14, 2025

Six policemen are killed in eight targeted attacks by Pakistani militants

An official confirmed on Thursday that militants in Pakistan's north-west carried out eight overnight gun-and grenade assaults against the police, resulting in six deaths. Police officer Mohammad...

Spain
Aug 14, 2025

Second volunteer dies battling wildfire in Spain's Leon province

On Thursday, an official from the Spanish government confirmed that a second volunteer firefighter, who had suffered severe burns in Spain's northern Leon Province while fighting a...

China
Aug 14, 2025

China's petrochemical industry set to expand despite deepening losses

The broader refining industry is experiencing a decline in profits due to increased competition. However, a key segment of China’s petrochemicals sector will see its growth almost...

United States
Aug 14, 2025

EUROPE GAS - Prices ease as heatwave ebbs, but Trump-Putin Summit in focus

The Dutch and British wholesale prices of gas were lower on Tuesday morning due to signs of reduced gas demand. As temperatures eased, and wind speeds are...

United Kingdom
Aug 14, 2025

Ampol buys EG Australia for $718.9 Million

Ampol, an Australian company, announced on Thursday that it will buy EG Australia (the local unit of British fuel station operator EG Group) for a sum totaling...

South Asia
Aug 14, 2025

India's palm oil imports in July fell as soyoil jumped to a 3-year high

A leading trade group reported that India's palm-oil imports fell in July due to cancellations of import contracts. Meanwhile, soyoil exports soared by a third year, driven...

United States
Aug 14, 2025

As supplies increase, the summer demand ends and the oil price structure is narrowed.

The premiums for benchmark oil prices are declining compared to those of future months due to the increased production in the Middle East, Latin America, and Europe...

China
Aug 14, 2025

China suspends construction before military parade, causing iron ore to slide

The price of iron ore futures fell on Thursday, after the Chinese government suspended construction activities ahead of an upcoming military parade in Beijing. The January contract...

Chile
Aug 14, 2025

Antofagasta's half-year earnings jump 60% due to higher copper prices and demand

The Chilean miner Antofagasta reported a 60% increase in its core earnings for the first half of this year, thanks to higher production and prices paid by...

Nigeria
Aug 14, 2025

Nigeria approves $2.6 billion electricity sector debt refinancing plan

Nigeria's finance minister announced that the country has approved a plan to refinance its electricity sector debt of 4 trillion naira (2,61 billion dollars) to stabilize and...

Ukraine
Aug 14, 2025

Wall Street Journal – Aug 14,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. U.S. president Donald Trump...

Africa
Aug 14, 2025

Tinubu wants a 7% growth in Nigeria's economy by 2027

Bola Tinubu, the Nigerian president, set an annual growth target of 7% by 2027. He aims to lift millions of people out of poverty by then and...

Taiwan
Aug 14, 2025

Dollar suffers as stocks take a break and the Fed's rate cuts continue.

The U.S. Dollar was under pressure Thursday, as traders bet that the Federal Reserve would resume cutting interest rates in January. Bitcoin reached a new record high...

Germany
Aug 14, 2025

Thyssenkrupp reduces sales forecast and investment budget due to weak global trade

Thyssenkrupp, the German conglomerate, cut its outlook for sales and investments for the full year on Thursday. It blamed a weak demand for their products, as President...

United States
Aug 14, 2025

Sources: Vietnam will buy its first US oil in 2025

Sources said that Binh Son Refining and Petrochemicals (BSR), a Vietnamese company, has purchased one million barrels U.S. West Texas intermediate crude for delivery in November, marking...

South Asia
Aug 14, 2025

Saudi crude oil prices are rising at a time when the market is trying to gain share, says Russell

OPEC+’s recent decision, to unwind 2.2m barrels of crude oil production cuts per day has been viewed largely as a sign that the exporter group is shifting...

Italy
Aug 14, 2025

Bitcoin joins the party at MORNING BID EUROPE

Ankur Banerjee gives us a look at what the future holds for European and global markets When cryptocurrencies are on fire, you know that markets are risky....

Aug 14, 2025

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp...

China
Aug 14, 2025

Steel prices and weak China data are lowering iron ore prices

Iron ore futures fell on Thursday as a result of signs of weaker demand, after China's new loans in yuan unexpectedly contracted for a first time in...

Pakistan
Aug 14, 2025

US explores cooperation with Pakistan in critical minerals and hydrocarbons

In a statement released by the State Department to mark Pakistan's Independence Day, Secretary of State Marco Rubio stated that Washington was looking forward to exploring collaboration...

United States
Aug 14, 2025

The Fed's rate-cutting drumbeat brings the dollar down; Asian stocks are taking a break

The U.S. Dollar was under pressure Thursday, as traders bet that the Federal Reserve would resume lowering interest rates in January. Bitcoin reached a new record high...

China
Aug 14, 2025

Gold prices continue to rise as Fed hopes for rate cuts and a weaker dollar drive the price up.

Gold gained for a third consecutive session on Thursday. This was boosted by expectations that the U.S. Federal Reserve will cut interest rates in September due to...

United States
Aug 14, 2025

Court officer overseeing Citgo's auction requests adjournment

The court officer overseeing the Delaware auction of shares of Citgo Petroleum, the Venezuelan-owned refiner, has requested to adjourn the final hearing of the sale, which was...

Chile
Aug 13, 2025

The Lithium Rally promises a breather to struggling Australian miners

Sources and analysts say that the recent rise in lithium prices may ease pressure on producers in Australia who are struggling to reduce their exposure to battery...

Taiwan
Aug 13, 2025

Tropical Storm Podul drenches Southern China

Tropical Storm Podul soaked southern China Thursday, dumping over 70 mm (2.76 in) of rain per hour on parts of Guangdong province, Hunan province, and Jiangxi province,...

South Korea
Aug 13, 2025

South Korea announces plan to restructure the petrochemical industry facing a 'grave situation'

Kim Jung-kwan, South Korea's Industry Minister, said that the government would announce a plan to restructure its petrochemical industry this month. The sector is in a "grave...

China
Aug 13, 2025

Tropical Storm Podul saturates southern China

Tropical Storm Podul soaked southern China Thursday, dumping over 70 mm (2.76 in) of rain per hour on parts of Guangdong province, Hunan province, and Jiangxi province,...

United Kingdom
Aug 13, 2025

Oil recovers from 2-month-lows ahead of Trump and Putin meeting

The oil prices rose on Thursday after losing ground in the previous session. The upcoming meeting between U.S. president Donald Trump and his Russian counterpart Vladimir Putin...

Australia
Aug 13, 2025

South32 will place Mozal in care and maintenance by 2026, with a $372 million impairment

South32, an Australian company, announced on Thursday that it would take a $372-million impairment on its Mozal aluminum smelter located in Mozambique. The facility will be placed...

United States
Aug 13, 2025

US to provide nearly $1 billion for minerals and materials

Energy Department announced on Wednesday that the Trump administration will propose funding of nearly $1 billion to accelerate the development and production of critical minerals and materials...

China
Aug 13, 2025

Chile lowers its copper production estimate for 2025

Chile's copper state commission has lowered its estimate of growth for 2025, saying that it expects a 1.5% increase from last year. This is half the growth...

United States
Aug 13, 2025

Documents show that the USDA is ending employee union contracts.

Documents seen by the.. Documents show that the notices sent out to union leaders of the Animal and Plant Health Inspection Service and Food Safety and Inspection...

Channel Islands
Aug 13, 2025

Zimbabwean labs overwhelmed by gold rally, says miner

A mine executive revealed on Wednesday that Zimbabwean laboratories were struggling to keep up with the influx of mineral samples being submitted by mines who are ramping...

United States
Aug 13, 2025

Groups sue Trump agencies over a'secret report' used to reverse US climate rules

On Tuesday, two major environmental groups filed a lawsuit against the Trump administration. They claim that the Trump administration secretly convened a group made up of climate...

Venezuela
Aug 13, 2025

Elliott affiliate bids for Citgo parent company as competition heats-up

A filing updating the court-organized auction shows that an affiliate of hedge fund Elliott Investment Management raised its bid on the Venezuelan-owned parent of U.S. refiner Citgo...

Greece
Aug 13, 2025

Wildfires, fanned and fueled by heatwaves and strong winds, rage throughout Europe, destroying houses and factories

On Wednesday, wildfires caused either by arsonists, thunderstorms, or a combination of both, fanned along by heatwaves and strong winds, continued to rage in southern Europe, destroying...

Canada
Aug 13, 2025

Hudbay Minerals sells 30% stake in Arizona copper mine project for $600 Million

Hudbay Minerals announced on Wednesday that Mitsubishi Corp would buy a 30% share in its Copper World Project in Arizona for $600,000,000, providing a boost to the...

Switzerland
Aug 13, 2025

Geneva temporarily makes public transport free in order to combat pollution spike

In a first in Switzerland, the public transport in Geneva will be free for a limited time. This is part of a number of measures to combat...

United States
Aug 13, 2025

India and US nuclear regulators to meet for cooperation

India's Atomic Energy Regulatory Board said that it held a technical meeting bilaterally with the U.S. Nuclear Regulatory Commission in order to enhance cooperation on nuclear safety,...

Spain
Aug 13, 2025

Wildfires, fueled by a heatwave, rage in Europe, destroying houses and factories

On Wednesday, wildfires, fanned primarily by heat and strong winds, continued to rage in southern Europe, destroying homes, farms, and factories, and forcing thousands of tourists and...

United States
Aug 13, 2025

Thyssenkrupp nucera abandons US projects for green hydrogen that are no longer considered feasible. -CEO

Thyssenkrupp nucera's CEO announced on Wednesday that the company is currently in discussions with all stakeholders regarding its U.S. project portfolio and has abandoned those projects no...

India
Aug 13, 2025

Muthoot Finance, India, beats its quarterly profit forecast on the strength of loan growth

Indian gold loan financier Muthoot Finance announced a 90% increase in its first-quarter profits on Wednesday. This was aided by a higher demand for loans as the...

United States
Aug 13, 2025

Copper prices rise on weaker dollar and improved trade sentiment

The copper price edged upwards on Wednesday, as a weaker US dollar helped extend the benefits of this week's extension by 90 days of the tariff truce...

Ukraine
Aug 13, 2025

Farm union estimates that Ukraine's 2025 corn and sunseed crops will be 14 million tons each, while the sunseed crop is expected to be around 14 million tons.

The UAC, the producers' union, said that due to extreme drought in parts of southern Ukraine and eastern Ukraine (including Kiev), sunflower production estimates for 2025 have...