The European Union increased the maximum import capacity from Ukraine of electricity by 38.5%. This gives Kyiv an opportunity to earn money for rebuilding power plants destroyed...
The Vatican published a new rite on Thursday that will allow priests celebrate a Mass exhorting Catholics to care for the Earth. This is the latest effort...
Russian news agencies, citing sources in law enforcement, reported that the office of Russia’s Prosecutor-General has filed a suit to transfer ownership of certain shares of gold...
The Minerals Council of South Africa has warned that the proposed tax on chrome ore exports will reduce profitability for miners and cause job losses in the...
The gold price was stuck in a range on Thursday, as investors waited for the non-farm payrolls report from the United States that could affect when Federal...
Nippon Steel, Japan's steel giant, announced on Wednesday that it will raise 800 billion yen (5.6 billion dollars) via two subordinated loan to partially finance its recent...
According to a filing in court and a statement from the company, a U.S. court official overseeing the auction of PDV Holdings - the parent company of...
The London Metal Exchange (LME) and Shanghai Futures Exchange (SFE) both held copper near its highest level since late March. This was due to concerns about a...
Iron ore futures rose on Thursday as China redoubled its efforts to reduce industrial excess capacity and curb price wars triggered by increased competition. The September contract...
Oil prices dropped on Thursday, after rising 3% the previous day, as investors were wary that higher U.S. Tariffs could be reinstated and cause a drop in...
Industry sources reported this week that the provincial government of Shandong in China, China's refinery hub, increased the fuel oil import tax exemptions for six independent refining...
Stella Qiu gives us a look at what the future holds for European and global markets. The session in Asia has been pretty quiet, and for good...
China's west and north were bracing for flash floods on Thursday, as the annual "Plum Rains" left a path of destruction. This prompted thousands of rescue workers...
A survey on Thursday showed that the UAE's private non-oil sector grew steadily during June, even though regional tensions affected demand and firms increased output to clear...
A survey released on Thursday showed that the expansion of Saudi Arabia's private non-oil sector activity increased in May due to a strong client demand as well...
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across...
Energy solutions business OEG has signed a significant multi-million-dollar contract to support the construction phase of the Inch Cape offshore wind farm in Scotland, being developed by...
Investors held off on making large bets as they awaited the U.S. Payroll data that would be released later in the day to get a better idea...
China's west and north were braced on Thursday for flash floods, as the annual "Plum Rains" left a path of destruction. This prompted thousands of rescue workers...
On Thursday, oil prices fell, reversing the gains of the previous session. This was due to concerns about weak U.S. Demand after data from the government showed...
Bunge Global, a global agribusiness, announced that it had officially closed the long-delayed $34 billion mega deal with Glencore-backed Viterra. This announcement was made two years ago....
According to court records and the U.S. Justice Department, a man who participated in the attack on the U.S. Capitol on Jan. 6, 2021 was sentenced on...
Greek firefighters fought a fire that raged in the popular vacation destination Crete on Wednesday, burning forestland, threatening homes, and forcing the evacuation of tourists and residents...
The global stock market rose to record levels on Wednesday, after U.S. labor data revealed an unexpectedly low reading. Meanwhile, British government bond yields soared amid speculation...
Vale, a Brazilian miner, has lowered its projections for the production of iron ore pellets in 2025 due to concerns about oversupply and decreased demand for high...
Global stocks rose on Wednesday, after U.S. labor data revealed a surprising soft reading. Meanwhile, British government bond yields soared amid growing speculation over the future of...
The heads of the two largest MDBs from Asia and Europe said that they need to focus more on climate action, and empowering women. They are being...
The total oil futures lots and options traded on the Intercontinental Exchange reached record highs during the second quarter as U.S. president Donald Trump waged a global...
A senior energy official announced on Wednesday that Brazil will hold an additional oil sale this year in uncontracted offshore areas of the pre-salt region, following the...
At least three consortiums have submitted improved bids at the last minute in an auction of shares of Citgo Petroleum, the parent company of Venezuelan-owned Citgo Petroleum....
According to a source with knowledge of the situation, commodities trader Glencore has been in discussions with the British Government about the status and future of its...
By America Hernandez PARIS, 2 July - TotalEnergies West Shetland Offshore assets, which it sold to Prax Group in the past year, remain under French oil major...
Global stock markets were essentially unchanged following U.S. labor market data that showed a surprising weak reading. Meanwhile, British government bond yields soared amid speculation over the...
Chicago corn fell on Wednesday, but remained near the contract lows. The U.S. Midwest is expected to enjoy favorable weather conditions for the remainder of the year,...
State Bank of India has classified the Reliance Communications loan account as fraudulent. The bank cites alleged misappropriation of funds dating back to 2016 in an alleged...
The International Monetary Fund (IMF) said that Nigeria must adapt its budget for 2025 to lower oil costs and increase cash transfers in order to protect the...
The Kazakhstani energy ministry announced on Wednesday that it had canceled plans to build a processing plant for gas at the Karachaganak Field with the project's major...
Two sources familiar with the bid told us on Wednesday that a group led by commodities trading company Vitol had submitted a bid in excess of $10...
The French uranium mining company Orano announced on Wednesday that its joint venture with Niger SOMAIR is nearing bankruptcy due to export restrictions imposed on it by...
According to LSEG data and market sources, the volume of Russian seaborne gasoil and diesel exports dropped by 6% in June on a month-to-month basis. This was...
Gold prices rose on Wednesday, as investors awaited the non-farm payrolls report for more market signals on monetary policies. As of 1246 GMT spot gold rose 0.3%,...
The European Commission announced on Wednesday that European companies who export their products abroad will be compensated for the CO2 emission costs they incur in Europe. This...
Harindarpal Singh Banga, a Hong Kong-based investor, and his family plan to sell a stake in Nykaa worth $12.84 billion (US$149.93m) through a group deal, reported news...
Highlights from the third day of Wimbledon Tennis Championships on Wednesday. 1145 PLAY UNDER THE WAY Rain caused a delay of one and a half hours at...
The Norwegian company DNO announced on Wednesday that it had sold all of its gas production from the Norwegian continental shelf over a period of four years...
The price of copper rose on Wednesday, as the weaker dollar and stronger yuan in China, a major metals consumer, offset concerns about trade tensions around the...
A report by Allianz Research found that recent heatwaves in Europe could slow the economic growth of Europe by half a point by 2025. The report compared...
German and French baseload electricity prices for the day ahead fell by around 20% on Wednesday, as a cooling heatwave in Europe is expected to reduce demand....
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