Latest news

United States
Jun 1, 2025

Oil prices rebound after OPEC+ maintains same production increase in July vs. June

The oil price rose by more than $1 a barrel in the early Asian trading on Monday, after OPEC+ announced that it would increase production in July...

United States
Jun 1, 2025

Lutnick minimizes the impact of the tariff court decision on US-EU talks

In an interview conducted on Sunday, U.S. commerce secretary Howard Lutnick said that talks with the European Union were still ongoing despite the legal uncertainty surrounding U.S....

United States
Jun 1, 2025

Lutnick minimizes the impact of the tariff court decision on US-EU talks

In an interview with Fox News Sunday on Sunday, U.S. commerce secretary Howard Lutnick said that talks with the European Union were still ongoing despite the legal...

Canada
Jun 1, 2025

Treasury's Bessent: Trump and Xi are likely to discuss the minerals dispute soon

U.S. Treasury Sec. Bessent believes that President Donald Trump will be speaking with Chinese President Xi Jinping soon about trade issues, including a dispute regarding critical minerals....

France
Jun 1, 2025

In France, two people were killed and 500 arrested during the celebrations of PSG's win

The interior ministry reported that more than 500 people had been arrested during the Champions League celebrations. Two people died and 192 were injured, it said, as...

Italy
Jun 1, 2025

In France, two people were killed and 500 arrested during the celebrations of PSG's win

The interior ministry reported on Sunday that more than 500 people had been arrested during the Champions League celebrations. Two people died and 192 were injured. Paris...

Indonesia
Jun 1, 2025

The death toll from the Indonesia quarry collapse is now 17.

The search and rescue agency Basarnas announced that Indonesian authorities would continue their search on Sunday for the eight people who are trapped in the rock collapse...

Qatar
May 31, 2025

Saudi Arabia and Qatar will provide financial support for Syria's government employees, Saudi Foreign Minister says

Saudi Arabian Foreign Minister Prince Faisal Bin Farhan Al Saud announced on Saturday that Saudi Arabia and Qatar will offer financial support jointly to Syrian state employees....

Environment
May 31, 2025

Wildfire smoke exposure may shorten lung cancer survival

A large California study, presented on Saturday at a major medical conference, found that exposure to wildfire smoke can increase the risk of lung cancer patients dying,...

United States
May 31, 2025

EU Commission regrets'strongly,' the announcement of an increase in US Steel Tariffs

The European Commission announced on Saturday it regrets "strongly" the increase in U.S. steel tariffs that was announced and that they are prepared to take countermeasures. Donald...

Africa
May 31, 2025

OPEC+ has agreed to a 411,000 bpd increase in July oil production, according to sources

OPEC+ has agreed to increase July oil production by 411,000 barrels a day (bpd), the same as it did in May and June. Due to the sensitive...

Oil & Gas
May 31, 2025

BP Lines Up Noble Rig for North Sea CCS Drilling Job

BP has hired Noble Corporation’s Noble Innovator jack-up rig for a drilling job related to carbon capture and storage (CCS) project in the North Sea.Under the contract,...

Japan
May 30, 2025

Trump praises Nippon Steel for being a 'great partner" of U.S. Steel at a raucous rally

At a Friday political rally, U.S. president Donald Trump praised an "agreement", between Nippon Steel & U.S. Steel. He did not clarify if he intended to approve...

United States
May 30, 2025

Trump plans to double steel tariffs from 50% to 100%

Donald Trump, the U.S. president, announced on Friday that he would increase the tariffs on steel imports from 25 to 50 percent. This will put more pressure...

Fossil Fuels
May 30, 2025

Rosneft, a Russian oil company, says its Q1 net income was $2.2 billion less than a half-year ago.

Rosneft, Russia's biggest oil producer, reported a net profit Friday of 170 billion Russian roubles (2.19 billion dollars). This is less than half the level from a...

Nigeria
May 30, 2025

Moody's raises Nigeria's rating from 'B3' to 'B3' due to its improved external and fiscal position

Moody's, the credit rating agency, upgraded Nigeria's ratings by a notch from "Caa1", citing significant improvement in the country's fiscal and external positions. The World Bank announced...

United States
May 30, 2025

Stocks end lower but still post a strong gain for the month despite tariff concerns

The global stock market ended Friday with a loss, but it also recorded a gain for the week and the largest monthly increase since the end of...

United States
May 30, 2025

Northern Manitobans fleeing wildfires head south

Winnipeg, Canada's provincial capital, scrambled Friday to provide housing and care to the thousands of people who fled areas devastated by wildfires. Fires have erupted across large...

United States
May 30, 2025

US Approves Environmental Review for Michigan Nuclear Plant Restart

The U.S. on Friday said Holtec's planned restart of the Palisades nuclear power plant in Michigan would not harm the environment, a needed step in its plan...

United States
May 30, 2025

Japan wants another round of tariffs in June, despite its refusal to make concessions on US tariffs

Japan's top trade negotiator announced that the U.S. and Japan agreed on Friday to continue their trade negotiations ahead of next month's G7 summit. He stressed that...

South Korea
May 30, 2025

Automakers warn that China magnet pinch is a threat to car production

U.S. auto executives have warned of an imminent shortage of rare-earth magnetic materials from China, which are used in everything from anti-lock brake sensors to windshield-wipermotors. This...

United States
May 30, 2025

Stocks fall but are still set to gain in the month despite tariff concerns

The global stock market was down on Friday, but it is expected to post a weekly increase as well as its largest monthly gain since late 2023....

Mexico
May 30, 2025

Mexican authorities seize 3 million litres of fuel stolen

Mexican authorities have announced that they seized over 3 million liters (792 516 gallons), of fuel illegally stored at a property located in Tabasco in the southeast...

Pakistan
May 30, 2025

India reduces import taxes on crude edible oil to reduce food prices

India has lowered the basic import duty on crude edible oil to 10%, according to the government. The world's largest vegetable oil importer is trying to lower...

United Kingdom
May 30, 2025

Britain sells off last NatWest shares after crisis-era bailout

After a 60.59 billion pound ($45 billion) state-funded investment at the height the financial crisis in 2008, NatWest is now fully private. This ends a costly taxpayer-funded...

Nigeria
May 30, 2025

IIR: Nigeria's Dangote Refinery will run with reduced production until October.

IIR Energy, an industry watchdog, said that the Dangote oil refining plant in Nigeria, which is one of the largest refineries in the world, will operate its...

Nigeria
May 30, 2025

Nigeria's Dangote Refinery continues WTI purchasing spree in July

Three trading sources have confirmed that Nigeria's Dangote refinery will import five million barrels (or more) of U.S. WTI Crude Oil in July. This is a continuation...

New Zealand
May 30, 2025

Stocks fall but are set to gain in the month despite tariff uncertainty

The global stock market was down on Friday, but it is expected to post a weekly increase as well as its largest monthly gain since late 2023....

Ukraine
May 30, 2025

Zelenskiy, book-fair browser, picks up a new title: "To Kill A Tyrant"

The Ukrainian President Volodymyr Zelenskiy and his spouse browsed the stalls of a literary fair held in Kyiv, and came away with a new book to read...

Poland
May 30, 2025

JSW miner's net loss for Q1 is 1.36 billion zlotys in line with expectations

JSW, a Polish coal miner, reported a net loss of 1.36 billion Zlotys ($363.24m) for the first three months of the year. This is mainly because of...

Switzerland
May 30, 2025

Flood risk threatens Swiss valley after glacier destroys village

The lake of water that was trapped behind the glacial debris which buried an entire village in southern Switzerland and blocked a river this week, has caused...

Africa
May 30, 2025

Botswana ODC will start selling diamonds under contract in September

Mmetla Msire, the managing director of Botswana’s Okavango Diamond Company, said that it plans to begin contract gem sales in September. This is part of a new...

Environment
May 30, 2025

Report: Global crises disrupt efforts to get millions of people to stop smoking

A report released by 57 advocacy groups on Friday said that the COVID-19 pandemic combined with climate change and wars has hampered global governments' plans for reducing...

Czech Republic
May 30, 2025

Thyssenkrupp puts 20,000 jobs in danger during overhaul, union says

A senior official at Germany's IG Metall union said that a fifth or more of the jobs at Thyssenkrupp are at risk. This is in response to...

Panama
May 30, 2025

Panama claims that the maintenance plan for First Quantum Copper Mine is not a re-start

A top trade official announced on Friday that Panama had approved First Quantum Minerals’ maintenance plan for the closed copper mine. However, the site was not restarted....

Japan
May 30, 2025

Inflation data ahead of the stock market's best month since 2023

The dollar flirted with its first annual rise on Friday, as traders awaited key U.S. data on inflation and Washington's latest fluttering about tariffs. Investors have tried...

Brazil
May 30, 2025

Miner Vale missed deadline for expansion of Brazil Nickel complex

After missing the deadline for confirming the bid, Brazilian power grid operator ONS denied Vale's request that it increase electricity consumption at its northern Onca Puma Nickel...

Mineral Resources
May 30, 2025

Russia will provide support to the coal industry

The Russian government announced on Friday that it has agreed to support a struggling coal industry by deferring taxes and limiting bonuses and dividends to the top...

South Asia
May 30, 2025

The oil price outlook is weakened by OPEC+ and lingering trade worries

A poll revealed that analysts have revised their oil price predictions down for the third month in a row as OPEC+'s soaring supply and the uncertainty surrounding...

Nigeria
May 30, 2025

Nigeria offers tax reductions on oil to reduce costs

The Nigerian president Bola Tinubu signed an executive order that introduces a framework based on performance for operators in the oil sector. This is designed to tie...

Scandinavia
May 30, 2025

S&P reduces Volvo Cars' rating outlook citing US tariffs and competition in China

S&P lowered its outlook on Volvo Cars' BB+ rating to "negative" on Friday from "stable". The company said that the increased competition in China and the U.S....

United Kingdom
May 30, 2025

LME copper set to rise at its fastest pace since September due to tightening supply

Copper prices in London were unchanged on Friday but are on track for their largest monthly increase in eight months, due to tighter supply. This is highlighted...

Africa
May 30, 2025

Iron ore pessimism subsides despite looming Simandou supply

Analysts and traders agree that the prospects for iron ore price are improving due to a smaller than expected global surplus in this year. However, new supply...

United Kingdom
May 30, 2025

Inflation data ahead of the stock market's best month since 2023

The dollar flirted with its first annual rise as traders awaited key inflation data, and assessed Washington's latest tariff bluster. Investors have tried to ride the roller...

United States
May 30, 2025

Trump's rally in Pennsylvania to celebrate Nippon Steel's 'deal'

Donald Trump, the U.S. president, will be in Pittsburgh, Pennsylvania, on Friday, to address a rally celebrating Nippon Steel’s “planned partnership” with U.S. Steel. This could signal...

United Kingdom
May 30, 2025

Pollen Street Lumon abandons takeover pursuit against UK's Argentex

Lumon Acquisitions, a provider of payment services, announced on Friday it would not be making an offer to Argentex following the rejection of an earlier bid by...

United States
May 30, 2025

China softens its stance on export restrictions for rare earths

China announced that it would continue to cooperate with other countries in regards to its export control of rare earths, as shortages threaten auto and semiconductor manufacturers...

Pollution
May 30, 2025

Sources say that the EU will propose a more flexible climate goal for July.

EU diplomats said that the European Commission would propose a new EU Climate Target in July, which will include flexibility for countries to meet. This is part...

United States
May 30, 2025

Prices largely stable but market risks persist

The Dutch and British wholesale prices of gas were mostly stable on Friday, as Norwegian flows stabilized and the low demand allowed storage to be refilled. However,...

India
May 30, 2025

What are the benefits of early and abundant monsoon rainfall in India?

India's Weather Office has predicted an above-average Monsoon Season for the second consecutive year in 2025. The annual rains will arrive at their earliest date in 16...