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South Korea
May 15, 2024

Asia stocks drift, dollar company as Fed rate path considered

Asian stocks did not have instructions on Wednesday, while the dollar remained firm regardless of lower U.S. Treasury yields as markets assessed combined signals from U.S. policymakers...

United Kingdom
May 15, 2024

Many base metals decrease with firmer dollar, supply outlook in focus

Prices of the majority of base metals slipped on Wednesday as a firmer U.S. dollar made the greenbackpriced commodity more costly for purchasers, while investors assessed supply...

Environment
May 15, 2024

World's record-breaking temperature streak extends through April

The world just experienced its most popular April on record, extending an 11month streak in which every month set a temperature record, the European Union's environment modification...

South Asia
May 15, 2024

Gold costs hold ground as traders eye Fed cues

Gold rates were consistent on Wednesday, while market individuals awaited fresh hints from U.S. Federal Reserve authorities for more clearness on the timeline for prospective rates of...

United States
May 15, 2024

Oil costs edge lower on increasing US stockpiles

Oil rates fell in early Asian trading hours on Wednesday after market sources stated that information from the American Petroleum Institute revealed an increase in U.S. crude...

United States
May 15, 2024

Romanian president states he's open to discussing sending Patriot system to Ukraine

Romanian President Klaus Iohannis said on Tuesday he was open to going over sending out a. Patriot missile system to Ukraine after German attract. European Union and...

United States
May 15, 2024

Suncor Energy beats first-quarter earnings estimates, hits record production

Canada's secondlargest oil producer Suncor Energy beat firstquarter revenue estimates on Tuesday, enhanced by strong need for refined products and record oil sands production. The Calgary-based company...

China
May 15, 2024

Renewables supplied record 30% of global electrical power in 2023, Ash states

Development in solar and wind power pushed eco-friendly generation to a record 30% of global electricity production in 2023, putting a worldwide target to triple renewable capacity...

United States
May 15, 2024

Britain to construct Europe's first next generation nuclear fuel facility

Britain is investing practically 200 million pounds ($ 251.14 million) to develop Europe's very first facility to produce highassay, lowenriched uranium (HALEU), a. fuel it states will...

United Kingdom
May 15, 2024

LME checks Russian aluminium play but is it game over? Andy Home

The London Metal Exchange's. ( LME) alerting shot to those looking to video game the brand-new sanctions on. Russian aluminium appears to have actually worked, in the...

Colombia
May 15, 2024

Colombia's Ecopetrol reports 29% fall in Q1 net profit, hikes production outlook

Colombia's majority stateowned energy business Ecopetrol on Tuesday reported firstquarter net profit fell 29.1% from a year previously to 4.01 trillion Colombian pesos ($ 1.03 billion), and...

United States
May 15, 2024

Occidental beats earnings price quotes on greater oil costs

Occidental Petroleum on Tuesday reported profit that beat experts' firstquarter consensus estimate and projection second quarter oil and gas production would climb 7%. Earnings was up to...

Brazil
May 15, 2024

Brazil floods leave 150,000 homeless, scores dead or missing

Rescuers hurried to leave individuals stranded by ravaging floods throughout the southern Brazilian state of Rio Grande do Sul on Tuesday, with at least 90 dead, thousands...

Refined Products
May 15, 2024

Oil settles lower on indications of alleviating supply tightness

Oil prices closed slightly lower on Tuesday on indications of reducing supply concerns, while market participants moved their focus to U.S. stockpiles data due later today and...

Australia
May 15, 2024

Energy manufacturers Santos, Repsol explore sale of stakes in Alaska oilfields, sources state

Oil and gas producers Santos and Repsol are checking out a sale of a minority stake in oilfields in Alaska they collectively own and develop in an...

Energy Markets
May 15, 2024

Wall St loses steam, dollar gains as financiers mull rate cut timing

Wall Street pared earlier gains on Tuesday after equity markets in other places rallied as financiers parsed when and by how much the Federal Reserve cuts interest...

United States
May 15, 2024

EIA cuts 2024 world oil demand growth quote, hikes output projection

World oil need this year is expected to grow less than earlier projection and output should expand faster than previous estimates, leading to a more balanced market,...

Brazil
May 15, 2024

Brazil floods struck food silos, interrupt paths to major grains port

Heavy flooding in southern Brazil has struck food storage facilities in lower areas while hampering the shipping of grains to port, jeopardizing the nation's exports and wreaking...

United States
May 15, 2024

Lower oil puts US in market to buy for tactical petroleum reserve, for now

A drop in crude oil prices has put the U.S. back in the market for replenishing the Strategic Petroleum Reserve after selling off a record quantity of...

United States
May 15, 2024

US coal exports to increase, production declines

The U.S. Energy Details Administration modified its coal export forecast upwards, driven by strongerthanexpected February data and progress bring back access to the Port of Baltimore while...

Spain
May 15, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 1950 GMT on Tuesday: ** Brazilian pulp and paper company Suzano has approached U.S.-based International Paper to...

Switzerland
May 15, 2024

Wall St loses stamina, dollar gains as financiers consider rate cut timing

Wall Street gave up earlier gains on Tuesday, failing to follow their worldwide counterparts higher as financiers parsed the probability and timing of Federal Reserve rate cuts...

Belgium
May 15, 2024

RWE examines choices for stake in high-voltage power grid Amprion

RWE, Germany's most significant electrical energy manufacturer, is thinking about choices for its minority stake in Amprion, among Germany's 4 highvoltage power transmission networks, the business said...

United States
May 15, 2024

Project delays are keeping back clean power setup, report states

Hold-ups in projects have actually caused tidy power installations in the United States to fall behind on their anticipated start dates, according to a report released by...

United States
May 15, 2024

Gold slips as traders eye Fed rate-cuts course

Gold rates fell on Tuesday following gains in the previous session, as traders stayed focused on the potential customers for rate of interest cuts from the U.S....

United States
May 15, 2024

Duke Energy seeks take-or-pay power agreements for information centers

Duke Energy is Pursuing electrical energy supply agreement terms with data that include takeorpay and upfront facilities build out payments to guard against volatility in the energyintensive...

United States
May 15, 2024

United States power use projection to reach record highs in 2024 and 2025

U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) stated in its Short-term Energy Outlook ( STEO) on...

North Korea
May 15, 2024

Russia is delivering oil to North Korea above UN mandated levels - US authorities

Russia has actually been silently delivering fine-tuned petroleum to North Korea at levels that appear to breach the requireds of the United Nations Security Council, a U.S....

South Asia
May 15, 2024

Pakistani conglomerate Engro aims to go worldwide, its main financier states

Pakistan's biggest conglomerate, Engro Corp, is aiming to broaden into brand-new markets, including the Middle East, Central Asia and Africa, the chemicalstoenergy company's biggest financier said on...

Hungary
May 15, 2024

Hungary government to talk about fuel prices again in spite of current falls, minister says

Hungarian Prime Minister Viktor Orban's cabinet will talk about fuel rates again on Wednesday regardless of a recent fall in rates driven by federal government pressure on...

Switzerland
May 15, 2024

European shares close at record highs on financials boost

European shares closed at record high levels on Tuesday, with financials stocks in the spotlight following upbeat incomes from Switzerland's UBS and Italy's. UniCredit, while optimism around...

United States
May 15, 2024

Williams expects to win Energy Transfer conflict on Louisiana natgas pipeline

U.S. energy company Williams Cos. stated on Tuesday it still expects to conquer a pipeline disagreement. with rival Energy Transfer and complete its Louisiana. Energy Entrance natural...

Netherlands
May 15, 2024

AMG Q1 Web Earnings Group Share Turns To Loss Of $16.3 Mln

AMG Vital Materials NV: * AMG LITHIUM Q1 2024 ADJUSTED EBITDA DECREASED 94%, TO $6. MILLION, FROM $90 MILLION IN Q1 OF 2023 * IN BITTERFELD, GERMANY,...

United Kingdom
May 15, 2024

'Malign actor' hacked UK defence ministry payroll, Sunak states after China reports

A malign star has most likely jeopardized the payments system used by the British armed force, Prime Minister Rishi Sunak stated on Tuesday after reports that China...

China
May 15, 2024

Copper heads towards two-year highs with spotlight on supply

Copper costs pushed towards twoyear highs on Tuesday as focus returned to tight products and hopes of stronger need in top consumer China, where authorities are planning...

South Asia
May 15, 2024

India's Modi casts his vote as giant election reaches half-way mark.

Prime Minister Narendra Modi voted early on Tuesday as India held the 3rd stage of an enormous general election, when seats in his home state Gujarat and...

Italy
May 15, 2024

A2A gets license to develop one of biggest solar farms in northern Italy

A2A stated on Tuesday it obtained a bulk shareholding in a solar venture, in a new step towards the building and construction of one of the largest...

Hong Kong
May 15, 2024

Stocks rally once again on U.S. rate cut hopes; dollar trades constant

Global shares traded near to onemonth highs on Tuesday, enhanced by revived optimism the Federal Reserve cuts U.S. interest rates as soon as if not two times...

United States
May 15, 2024

BP eyes 2025 FID for Tiber oil job in US Gulf of Mexico - executive

BP is considering a. 2025 monetary greenlight decision for its Tiber overseas oil. task in the U.S. Gulf of Mexico, an executive said on Tuesday. at an...

Saudi Arabia
May 15, 2024

BP profit slides by 40% as refinery blackout offsets higher output

BP's firstquarter incomes plunged by 40% to $2.7 billion, missing forecasts after lower energy prices and a U.S. refinery blackout offset increased oil and gas production. The...

United States
May 15, 2024

US utility Sempra's revenue falls 17% in first quarter

U.S. power and gas utility Sempra posted a 17% drop in its firstquarter earnings on Tuesday, affected by lower revenues at 2 of its systems. Sempra, which...

China
May 15, 2024

Iron ore costs hold stable on home stimulus hopes

Iron ore futures prices were mostly unchanged on Tuesday, following a strong boost the previous day, as investors reacted to proposed home stimulus steps and postholiday duration...

Poland
May 15, 2024

Poland raises cap on power rates, cuts expenses of energy subsidies

The Polish government authorized a draft legislation to raise the cap on power prices for households and present cash benefits for low earnings consumers as it seeks...

Crude Oil
May 15, 2024

Funds negative towards United States crude and fuels in the middle of ample stocks: Kemp

Investors mixed positions in petroleum decently last week after heavy offering the week before as war danger reduced and costs settled back towards longterm inflationadjusted averages. Hedge...

United Arab Emirates
May 15, 2024

Naturgy says gas supply agreements with Algeria unaffected by any shareholding modification

Spanish energy firm Naturgy said on Tuesday that its gas supply contracts with Algeria do not consist of any provisions that would be impacted by changes to...

Saudi Arabia
May 15, 2024

Saudi Aramco maintains $31 bln dividend regardless of lower Q1 earnings

Saudi Arabia's state oil giant Aramco expects to pay $31 billion in dividends to the Saudi federal government and its investors regardless of reporting lower earnings for...

United Kingdom
May 15, 2024

LME checks Russian aluminium play but is it video game over? Andy Home

The London Metal Exchange's. ( LME) cautioning shot to those looking to video game the new sanctions on. Russian aluminium appears to have actually worked, for now...

Germany
May 15, 2024

Uniper appeals Russian court ruling as legal tussle with Gazprom drags on

Uniper has actually appealed a Russian court choice requiring the German utility to pay more than 14 billion euros ($ 15 billion). if it continues arbitration proceedings...

Austria
May 15, 2024

Wienerberger Fixes Permission To Repurchase Treasury Shares

WIENERBERGER AG: * WIENERBERGER AG - DURING A DURATION OF 30 MONTHS OF DATE OF THIS RESOLUTION, MANAGING BOARD OF WIENERBERGER AG IS AUTHORIZED TO PURCHASE TREASURY...

United States
May 15, 2024

NRG Energy posts first-quarter profit on East unit strength

Utility company NRG Energy reported a firstquarter earnings on Tuesday, assisted by strength at its East unit on the back of brand-new consumer additions and lower retail...