Latest news

Climate Change
Mar 7, 2025

EU wants to end the wolf's "strictly protected" status in Europe

The European Commission announced on Friday that it would make it easier to hunt the wolves in Europe. They cited their increasing numbers and the danger they...

Canada
Mar 7, 2025

Mexico wants to increase exports that comply with U.S. regulations to 90% following the reprieve from tariffs.

Mexico is expecting to see a significant increase in the number of companies that are compliant exporting to the U.S., under a regional trading pact, said Economy...

Ukraine
Mar 7, 2025

Trump is considering banking sanctions and tariffs against Russia

Donald Trump, the U.S. president, said that he was "strongly considering," imposing sanctions on Russia, including those on banking and tariffs, until Ukraine and Russia reach a...

Sweden
Mar 7, 2025

Nordics' energy efficient infrastructure is ideal for Microsoft's expansion of data centres

Microsoft's director of AI Infrastructure, who is responsible for the data centres, said that Microsoft will shift its strategy so as to be driven more by power...

Environment
Mar 7, 2025

EU wants to end the wolf's "strictly protected" status in Europe

The European Commission announced on Friday that it would make it easier to hunt the wolves in Europe. They cited their increasing numbers and the danger they...

United Kingdom
Mar 7, 2025

Andy Home: Export ban on cobalt from Congo is not enough to eliminate the glut

The Democratic Republic of Congo has suspended cobalt exports for four months, a sign of how even the largest producer in the world is feeling the effects...

United States
Mar 7, 2025

Bloomberg reports that the US Energy Secretary is seeking $20 billion for a replenishment of oil reserves.

Bloomberg News reported Friday that U.S. Energy Sec. Chris Wright intends to seek up $20 billion in order to achieve President Donald Trump's aim of filling the...

Ukraine
Mar 7, 2025

After corporate protest, the Russian Governor backs off on his ban on migrant workers

After Severstal, a steel giant in Russia, complained that the ban would hurt the industry and the governor lifted the restriction just a little over a week...

Oil & Gas
Mar 7, 2025

Russian prosecutors try to recover assets from former Gazprom manager

A court spokeswoman announced on Friday that Russian prosecutors had filed a lawsuit to recover assets of former Gazprom Manager Kirill Seleznyov. Interfax reported that Seleznyov, along...

Iran
Mar 7, 2025

Sources and war monitors say that gunmen killed dozens of people in a Syrian Alawite village

Two Alawite activists, and a war observer, said that gunmen killed at least 20 male residents of a rural coastal town in Syria on Friday. They cited...

United States
Mar 7, 2025

United States quits board of UN climate damage fund, letter shows

A letter obtained by revealed that the United States had withdrawn from the U.N.'s board of hard-negotiated climate damages fund, which is dedicated to help poor and...

India
Mar 7, 2025

Pakistan closes to $4.4 billion loan for power sector debt

The power minister and the banking association announced that Pakistan is in negotiations with commercial banks for a loan of 1.25 trillion Pakistani Rupees ($4.47 billion), to...

United States
Mar 7, 2025

Moonshot: two lunar landings in a week increase interest in space startups

NASA is relying on space startups to deliver scientific payloads at lower costs to the moon's surface before sending astronauts around 2027. Athena, the second lunar lander...

Argentina
Mar 7, 2025

Argentina's YPF expects 2024 adjusted EBIDTA to increase 15% to $4.65 Billion

YPF, the state-owned oil company in Argentina, reported on Friday a 15% increase in its adjusted earnings for the full year before interest, tax, depreciation, and amortization...

United Kingdom
Mar 7, 2025

British water companies successfully defend themselves against $1.9 billion in lawsuits for sewage pollution

Six British water companies defeated Friday mass lawsuits worth over $1,9 billion for allegedly not reporting sewage discharges. Utility companies, such as Britain's largest provider of water,...

Energy Markets
Mar 7, 2025

German wind power to drop on Monday

The market untraded the German and French power prices for the following Monday on Friday, as it weighed the expected decline in wind power in the region...

Africa
Mar 7, 2025

Vice presidency of South Sudan says that South Sudan security forces have released the peacebuilding Minister.

After the arrests and tensions escalated, a spokesman of Machar announced that the South Sudanese loyalists to President Salva Kir have released the minister of peacebuilding, a...

India
Mar 7, 2025

Asia Gold: High prices and a year-end slowdown dampen India’s gold demand

This week, gold demand in India was low due to the near-record prices and jewellers' hesitation to buy at the end of the financial year. Harshad Ajmera,...

United States
Mar 7, 2025

Inuit pride fuels Greenland independence spirit after Trump interest

In a small workshop in Nuuk, the capital of Greenland, goldsmith Nadja Kreutzmann polishes stones and metals mined on this vast island rich in minerals. Her jewellery...

South Asia
Mar 7, 2025

Source: India's BPCL intends to buy US crude oil through a 4-mth tender

A person with knowledge of the matter told Reuters on Friday that Bharat Petroleum Corporation, the Indian state refiner, plans to launch a four-month tender to purchase...

China
Mar 7, 2025

China's central banks increases gold reserves in February for the fourth consecutive month

China's reserves of gold rose to 73.61 fine troy-ounces by the end February, up from 73.45 at the end January. The central bank continued buying the precious...

Energy Markets
Mar 7, 2025

The Russian rouble is steady as the market focuses on geopolitics

The Russian rouble was trading in a narrow range versus the U.S. Dollar on Friday. This is largely a consolidation of gains made during the previous session,...

China
Mar 7, 2025

Iron ore gains, but reports a weekly loss due to tariff issues

Dalian iron ore contracts fell on Friday despite ending a nine session losing streak. The market was weighed down by news of China's steel production cutbacks and...

United States
Mar 7, 2025

Freeport Indonesia may get 1 million ton copper concentrate export quota

Energy and Mineral Resources minister Bahlil lahadalia told reporters Friday that Freeport Indonesia could receive an export quota around 1,000,000 metric tons copper concentrate. Bahlil stated that...

Energy Markets
Mar 7, 2025

Three clean cookstoves approved by the Global Carbon Offset Standard

The global standard-setter for voluntary carbon projects approved three new methods to reduce emissions through the use of cleaner fuels in household cookstoves. This is to increase...

Wind Farms
Mar 7, 2025

Italian and Norwegian Associations Deepen Offshore Wind Ties

Norway’s offshore wind association Norwegian Offshore Wind has signed a memorandum of understanding (MoU) with ANEV, the Italian National Wind Association to increase offshore wind cooperation.The signing...

Oil & Gas
Mar 7, 2025

UK to Revise Windfall Oil and Gas Tax

Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed...

United States
Mar 7, 2025

The biggest weekly oil drop since October due to tariff uncertainty and supply gains

The oil price was little changed on Friday, but is set to have its biggest weekly drop since October due to the uncertainty surrounding U.S. Tariff policy...

Canada
Mar 7, 2025

Couche-Tard considers selling US stores if a deal is struck with Seven & i

Alimentation Couche-Tard, a Canadian company, said that it was in exploratory discussions with third parties regarding a possible sale of U.S.-based stores. This would allow it to...

China
Mar 7, 2025

Iron ore prices rise, but a weekly loss is expected due to tariff issues

Dalian iron ore prices rose on Friday, ending a nine session losing streak. However, they were still set to fall by a significant amount each week, due...

China
Mar 7, 2025

China's coal exports increase in January and February despite the risks to outlook

China's coal exports increased 2.1% in the past year, according to official data released on Friday. The import arbitrage was still open, despite the risks that could...

China
Mar 6, 2025

Weather-related disruptions in Australia have affected iron ore supplies to China for January and February.

China's imports of iron ore in the first half of 2025 dropped by 8.4% compared to the same period last year, due to weather-related disruptions in Australia,...

South Korea
Mar 6, 2025

Investors take stock of US Trade Policy and see stocks fall, bond sales abate

After a turbulent week, investors were greeted with calm Friday, after the confusion surrounding U.S. Trade Policy and a global increase in borrowing costs. A steep selloff...

United Kingdom
Mar 6, 2025

Shanghai copper reaches near five-month high on China stimulus hope

Shanghai copper rose to its highest level in almost five months on Friday, buoyed as expected by the expectation of additional stimulus from China's top consumer to...

United Kingdom
Mar 6, 2025

The biggest weekly oil drop since October due to tariff uncertainty and supply gains

The oil price was little changed on Friday, but is set to have its biggest weekly drop since October due to the uncertainty surrounding U.S. Tariff policy...

United States
Mar 6, 2025

Sources say that Marathon will begin maintenance work at Robinson Refinery in Illinois.

Marathon will begin planned maintenance activities on units at its 255,000-barrel-per-day refinery in Robinson, Illinois on March 18, research company IIR and a source familiar with plant...

United States
Mar 6, 2025

Nasdaq confirms a correction; dollar falls as news of tariffs fuels unease

The dollar and stock indexes both fell sharply on Thursday. Nasdaq confirmed that it had been in a downward correction since its peak last December as the...

United States
Mar 6, 2025

US agency blocks California EV repeal vote

The Government Accountability Office stated on Thursday that the Biden administration’s approval of California’s landmark plan to stop the sale of gasoline only vehicles by 2035 does...

United States
Mar 6, 2025

Costco beats quarterly sales estimates on bulk buying surge, misses profit estimates

Costco Wholesale, which sells in bulk groceries, electronics, and home furnishings, beat Wall Street's expectations on Thursday. However, it missed on profit projections due to rising costs....

United States
Mar 6, 2025

US extends protection to Venezuelan-owned Citgo against creditors

A notice on the Treasury Department's website showed that the U.S. Treasury Department had extended until early July a licence protecting Venezuelan-owned refiner Citgo Petroleum against creditors....

China
Mar 6, 2025

As Trump's latest tariff news weighs on the dollar and stocks, both drop.

The stock indexes plunged sharply Thursday in volatile trading as investors digested the latest tariff announcements by U.S. president Donald Trump, and the U.S. Dollar fell as...

Iran
Mar 6, 2025

The State Department says that all waivers granting Iran economic relief will be reviewed

The United States is reviewing existing sanctions waivers which provide Iran with any degree of economic assistance, and the U.S. State Department spokesperson stated on Thursday that...

United States
Mar 6, 2025

Arbitration to resolve dispute over Guyana energy project

The government announced on Thursday that an international arbitration court would hear the dispute between Guyana, a consortium headed by Lindsayca of the United States and a...

United States
Mar 6, 2025

Since the turn of the century, butterfly populations have plummeted by 22%.

According to research, the population of butterflies in the United States has declined by over a fifth in this century. This includes hundreds of species such as...

United Kingdom
Mar 6, 2025

LME suspends temporarily lending rules for cobalt contracts

After tracking the movement of stocks, the London Metal Exchange (LME), announced on Thursday that it had temporarily suspended certain lending obligations for parties who held large...

United Kingdom
Mar 6, 2025

Euro hits 4-month-high, stocks fall as Trump tariff developments weigh

The euro reached a four-month peak against the U.S. Dollar on Thursday, after the European Central Bank again cut interest rates as expected. Stock indexes also fell...

Environment
Mar 6, 2025

EU countries want more flexibility in gas storage targets

EU diplomats have revealed that European Union countries are pushing back against a plan by the European Commission to extend the binding storage goals of the bloc...

Canada
Mar 6, 2025

Trudeau: Canada and US will continue to be at war in the near future.

Justin Trudeau, the Prime Minister, said that Canada would continue to be involved in a war of trade with the United States, for the foreseeable. This was...

Netherlands
Mar 6, 2025

Sudan files case against United Arab Emirates before the World Court

The International Court of Justice announced on Thursday that Sudan had filed a complaint against the United Arab Emirates for allegedly breaching its obligations under Genocide Convention...

Venezuela
Mar 6, 2025

Citgo Petroleum's profits plummeted by $305 million in 2024

Citgo Petroleum, a U.S. refiner owned by Venezuela, reported a net profit of $305 million last year. This was below the projected $2 billion profit for 2023....