Latest news

Australia
Aug 4, 2024

Cameroon state oil company says personnel linked to Glencore kickbacks will deal with UK court

The head of Cameroon's. National Hydrocarbons Corporation (SNH) has said some supervisors. and workers will appear before a UK court over thought. participation in bribery offenses connected...

Ukraine
Aug 4, 2024

Fire at fuel depot in Russia's Rostov region after drone attack snuffed out

A fire at a fuel storage depot in the Kamensky district of Russia's Rostov area, brought on by a. Ukrainian drone attack, has been snuffed out, the...

United States
Aug 4, 2024

Hawaiian Electric consents to pay about half of $4 billion Maui wildfire settlement

Hawaiian's biggest utility said on Friday it had consented to pay roughly half of a more than $4. billion legal settlement that will compensate victims of last....

United States
Aug 4, 2024

Talen Energy to react as regulator looks for information on proposed modifications

Talen Energy Corporation said on Friday it would deal with utility companies, PJM Interconnection, and PPL Electric Utilities Corporation to react rapidly to a question from the...

United States
Aug 4, 2024

Worldwide stocks plunge, bond prices rally as US information spooks

Surprisingly weak U.S. work data on Friday stired fears of an economic downturn ahead, prompting financiers to dump stocks and turn to safehaven bonds. Treasury rates surged,...

United States
Aug 4, 2024

Oil settles at 8-month low after disappointing United States job numbers

Oil costs fell on Friday, settling at their most affordable considering that January after data revealed the U.S. economy included fewer jobs than expected last month, and...

United Kingdom
Aug 4, 2024

Gold retreats on profit-taking, logs weekly gain

Gold prices retreated on Friday as profittaking began after bullion leapt over 1% earlier in the session on hopes of rate cuts buoyed by weaker than anticipated...

United States
Aug 4, 2024

US jobs information fuels stock selloff; financiers turn to safe-haven bonds

Surprisingly weak U.S. employment data on Friday stoked worries of a recession ahead, triggering investors to dispose stocks and turn to safe-haven bonds. Treasury costs surged, sending...

France
Aug 4, 2024

Chevron earnings slide, Hess merger arbitration drags out

Chevron Corp on Friday posted greatly weaker second-quarter earnings and the oil major's CEO marked down the possibility to close a $53 billion acquisition of Hess Corp....

Canada
Aug 4, 2024

United States nuclear plant unfit for quick resurrection, previous lead engineer states

The very first U.S. nuclear plant to ever try resuming after undergoing preparations for long-term closure is not fit to restart anytime soon because it avoided essential...

South Asia
Aug 4, 2024

Bangladesh clashes eliminate 12 as protesters promote PM to resign

At least a dozen individuals were killed and dozens more injured in clashes in Bangladesh on Sunday, as cops fired tear gas and lobbed stun grenades to...

Israel
Aug 4, 2024

Israeli strikes kill five at healthcare facility, Gaza officials say, after abortive talks

An Israeli airstrike struck a camping tent inside a health center substance in main Gaza, eliminating a minimum of 5 individuals, bringing the total of Palestinians eliminated...

Israel
Aug 3, 2024

Israeli airstrikes eliminate 9 in West Bank, including a Hamas commander

An Israeli airstrike in the occupied West Bank killed a Hamas leader and four Islamic Jihad fighters on Saturday, the militant groups' media reported, and the Israeli...

Wind Farms
Aug 3, 2024

RWE Appoints COO for Its US Renewables Business

RWE has appointed Kevin Kroll to serve as Chief Operating Officer (COO) of its U.S. renewables business, RWE Clean Energy.Starting August 1, under the lead of Andrew...

United States
Aug 3, 2024

Ameren inks 250 MW power supply deal for information center

Ameren Corp has agreed to power a data center with a capability of 250 megawatt, a relocation that would enhance its sales, the public utility company stated...

Africa
Aug 3, 2024

Petrobras' quote for Galp's Namibia prospect to consist of a minimum of one partner, sources say

Brazil's Petrobras will include a minimum of one partner in its quote for a. 40% stake in Galp Energia's Mopane oil prospect in. Namibia, 2 sources with...

United States
Aug 3, 2024

Imperial Oil posts 68% jump in Q2 profit on higher crude rates, production

Canada's Imperial Oil reported a 68% jump in secondquarter profit on Friday, as the incorporated oil company was assisted by higher crude prices and production. Extension of...

United States
Aug 3, 2024

Alliant Energy performs several power supply deals with information centers

Energy company Alliant Energy said on a postearnings get in touch with Friday that it has actually carried out several power supply deals with information centers. The...

United Kingdom
Aug 3, 2024

Copper firms on possible US rate cuts after jobs data

Copper costs edged higher on Friday, supported by growing expectations of U.S. rate of interest cuts and slightly firmer physical need in China, though investors stayed mindful...

China
Aug 3, 2024

Italy's Bee Solar, China's Huasun collaborate on photovoltaic panel components

Milanbased Bee Solar and China's Huasun have actually signed a cooperation contract in the photovoltaic sector, Italy's market ministry said on Friday, including that the offer became...

Switzerland
Aug 2, 2024

Gunvor's leading US fuel trader departs for Russia-backed competitor, sources state

Gunvor's head of U.S. gasoline trading and executive committee member Dmitri Sinenko is leaving the Swiss trader to join Russia-backed rival Litasco, 2 sources knowledgeable about the...

United Kingdom
Aug 2, 2024

Iberdrola to purchase Britain's ENWL in $5.4 bln offer

Utility Iberdrola has consented to buy a majority stake in British power network Electrical energy North West (ENWL) in an offer valuing the business at roughly 5...

United States
Aug 2, 2024

Worries for US economy send out financiers to safe houses, fuel stock slump

Weak U.S. data declared financier concerns on Friday, sustaining a sell-off in worldwide equities and pressuring U.S. Treasury yields to multi-month lows. Richly valued innovation firms took...

Italy
Aug 2, 2024

Italian energy firm ERG reports profit get on brand-new assets

Italian energy business ERG on Friday published a 9% jump in secondquarter changed core earnings, citing contributions from new energy possessions, and said its new company strategy...

China
Aug 2, 2024

China plans new carbon emission controls as it aims for 2030 peak

China will speed up the advancement of a carbon emissions control system to help it attain its goal of reaching a peak in the emissions of the...

Africa
Aug 2, 2024

Libya's $70 bln wealth fund sees thaw in UN asset freeze by year-end

The Libyan Financial investment Authority is expecting U.N. signoff by the end of the year to actively manage its $70 billion in possessions for the first time...

Saudi Arabia
Aug 2, 2024

OPEC oil output increases in July on Saudi rebound, study discovers

OPEC oil output rose in July, a Reuters survey found on Friday, as a rebound in Saudi Arabian supply and little increases elsewhere balance out the impact...

Hong Kong
Aug 2, 2024

Worries for United States economy drive tech-led global stock downturn

Worldwide stocks dropped greatly on Friday with richlyvalued tech companies taking much of the discomfort, as a U.S. tasks report flagging unforeseen financial weak point struck worry...

United Kingdom
Aug 2, 2024

LyondellBasell beats quarterly earnings estimates, expects margins to improve

Petrochemical producer LyondellBasell on Friday edged past Wall Street quotes for secondquarter earnings and said it expects margins to continue to gain from lower feedstock prices in...

Japan
Aug 2, 2024

Fears for United States economy drive tech-led worldwide stock depression

International stocks dropped sharply on Friday, with richlyvalued tech groups taking much of the discomfort, as investor anxiety about a U.S. economic slowdown sent out shockwaves through...

Hong Kong
Aug 2, 2024

Asia Gold-India premium drops as buying moderates; China need lags

Gold premiums in India fell this week, as a recovery in costs tempered a purchasing frenzy led by the government's decision to reduce import tax, while dwindling...

United States
Aug 2, 2024

Gold heads for finest week in four months; United States jobs data considered

Gold costs were set for their finest week considering that April, supported by safehaven need and expectations that the Federal Reserve would start cutting interest rates in...

Hong Kong
Aug 2, 2024

Fears for US economy drive tech-led global stock depression

International stocks dropped sharply on Friday, with richlyvalued tech groups taking much of the pain, as financier anxiety about a U.S. economic slowdown sent out shockwaves through...

Renewable Energy
Aug 2, 2024

German Monday contract up on flagging wind supply

The German electricity agreement for Monday increased on Friday, with wind supply anticipated to fall while need is seen remaining flat. The German baseload power agreement for...

France
Aug 2, 2024

Hot river water curbs output at French nuclear plant

Electrical power production at the Golfech nuclear plant in southern France was reduced by 1 gigawatt (GW) on Friday, EDF information revealed, after the energy stated high...

China
Aug 2, 2024

Hangzhou, Shanghai broil as severe heat swallows up eastern China

Megacities on China's eastern coast are dealing with another spell of burning heat as temperature levels hovered around 40 Celsius (104 Fahrenheit). on Friday and prolonged extreme...

South Asia
Aug 2, 2024

VEGOILS-Palm oil ends with second consecutive weekly drop

Malaysian palm oil futures closed higher on Friday tracking competing oils, although the ringgit's persistent strength topped the advantage momentum. The agreement fell 0.63% this week, a...

Japan
Aug 2, 2024

Hyundai, Tata, others lobby Indian state against hybrid support as Toyota rivalry deepens

Hyundai, Kia Motors, Tata and Mahindra are lobbying India's most populated state not to offer rewards for hybrid automobiles, saying the relocation set to assist rivals Toyota...

United Kingdom
Aug 2, 2024

Britain to tap $1 bln of 'dormant' money for social and green jobs

Britain's financial watchdog stated on Friday it has widened the range of inactive possessions, or cash in financial companies' accounts to tap a potentially additional 880 million...

Switzerland
Aug 2, 2024

MORNING BID AMERICAS-Rethinking recession dangers and AI, markets take scare

A look at the day ahead in U.S. and global markets from Mike Dolan August looks nervous currently - as stock exchange take shock at Huge Tech...

Hong Kong
Aug 2, 2024

Japan's H1 food exports fall due to China's seafood import restrictions

Japan's exports of agricultural, forestry and fishery items fell 1.8% in the first half of 2024, struck by China's restriction on seafood imports associated with Tokyo Electric...

South Korea
Aug 2, 2024

South Korea baseball league cancels game due to heat for first time in history

South Korea's professional baseball league cancelled a scheduled video game on Friday due to high temperature levels, the very first time in the league's 42year history that...

Japan
Aug 2, 2024

Stocks discover growth worries ahead of United States payrolls

Worldwide stocks were set to end a rollercoaster week in the red as financier stress and anxiety about U.S. development combined with downbeat revenues weighing on tech...

China
Aug 2, 2024

Dalian iron ore climbs up however publishes weekly loss on steel market unpredictability

Dalian iron ore futures costs got on Friday however were on track for a weekly loss as traders evaluated the repercussions of a wave of production cuts...

China
Aug 2, 2024

Rescuers in China race to discover the missing, seal dykes after deadly floods

Rescuers in China scrambled on Friday to find dozens of individuals still missing out on a week after the year's most effective tropical storm roared into the...

United Kingdom
Aug 2, 2024

Gold costs set for weekly gain with United States payrolls information awaited

Gold costs firmed on Friday and were poised for a weekly gain, guided by safehaven need and the prospect of a September rate cut by the Federal...

Malaysia
Aug 2, 2024

VEGOILS-Palm oil gains after two-day slide, but set for weekly loss

Malaysian palm oil futures increased on Friday amid higher rival oils, although consistent strength of ringgit capped upside momentum and kept the agreement on track for a...

China
Aug 2, 2024

Rescuers in China race to discover missing, seal dykes after devastating floods

Rescuers in China scrambled on Friday to find lots of people still missing out on a week after the year's most powerful tropical cyclone roared into the...

Japan
Aug 2, 2024

Stocks find development fears ahead of United States payrolls

Asian shares were headed for their worst day in over two years and U.S. Treasury yields moved, while the Swiss franc and yen rose on safety bids...

Australia
Aug 2, 2024

Italy's Prysmian protects 600 mln euro contract for power interconnector in Australia

Italy's Prysmian stated on Friday an agreement it secured in Australia for a new high voltage power interconnector deserved around 600 million euros ($ 650 million). The...