Latest news

Spain
Jul 27, 2024

Enel pledges greater dividend after 9% increase in H1 core earnings

Italian utility Enel said on Thursday it would pay a dividend on its 2024 results above the group's planned flooring, after reporting a 9%. increase in its...

Brazil
Jul 27, 2024

Brazil federal government mulls 'tougher procedures and sanctions' on Vale, minister says

Brazil's government could use harder measures and sanctions on Vale to combat the mining giant's big-headed position towards the country, Mines and Energy Minister Alexandre Silveira told...

Panama
Jul 27, 2024

First Quantum copper mine not on federal government program this year, Panama's Mulino states

Panamanian President Jose Raul Mulino stated on Thursday the government will not attend to problems around a significant shuttered First Quantum copper mine until the early 2025....

United States
Jul 27, 2024

Occidental Petroleum in innovative speak to sell Barilla Draw possessions, sources state

U.S. oil manufacturer Occidental Petroleum is nearing a deal to offer its possessions in the Barilla Draw region of Texas to Permian Resources for about $1 billion,...

United States
Jul 27, 2024

A Trump presidency to position mainly bearish risks for oil, Citi says

A Donald Trump presidency could be net bearish for oil rates due to a combination of elements consisting of tariffs and oil-friendly policies, and pressing the Company...

Africa
Jul 27, 2024

Eramet lifts profit outlook on manganese rally, says nickel market hard

Eramet raised its outlook for fullyear core incomes on Thursday due to a dive in manganese prices, though the French miner anticipated the nickel market to remain...

China
Jul 27, 2024

Financiers recoil as this year's 'whatever rally' shrieks to a stop

Investors are dumping some of this year's preferred trades as a retreat in the glitzy megacaps threats growing out of control into a multipronged selloff that has...

United States
Jul 27, 2024

Pacific Northwest wildfires require evacuations, smoke chokes swaths of United States

Countless individuals were evacuated in Northern California overnight, as yet another rapidly growing wildfire raged, signing up with numerous blazes in the Pacific Northwest and Canada that...

Mexico
Jul 27, 2024

Quarterly earnings dip for cement maker Cemex on weaker Mexican peso, bad weather

Mexico's Cemex, one of the world's largest cement producers, reported a minor dip in its secondquarter net profit on Thursday, mainly due to currency exchange losses stemming...

United States
Jul 27, 2024

United States sour crude Mars worths hit 9-month low on weaker refinery demand

Differentials for U.S. sour unrefined Mars have remained in a high decline this month and hit their largest discount rate to benchmark unrefined futures considering that October...

China
Jul 27, 2024

Copper falls listed below $9,000 level, triggering Chinese buying

Copper costs bounced from near fourmonth short on Thursday as the dollar slipped after U.S. information showed slowing inflation, leaving expectations of a. September interestrate cut from...

Netherlands
Jul 27, 2024

Dutch set to win EU nod for $2.2 bln state help for new nuclear reactor

The Dutch government is set to secure EU approval for 2 billion euros ($ 2.2 billion) of state help to build a nuclear reactor to produce medical...

Climate Change
Jul 27, 2024

UN requires action on extreme heat as world registers hottest day

U.N. Secretary General Antonio Guterres got in touch with Thursday for countries to deal with the urgency of the extreme heat epidemic, fueled by environment modification days...

Channel Islands
Jul 27, 2024

Unilever, BAT push FTSE 100 greater

Britain's FTSE 100 ended greater on Thursday after upbeat incomes from Unilever and British American Tobacco helped counter losses in precious metal miners on the back of...

South Asia
Jul 27, 2024

Pakistan's financing minister in Beijing to seek financial obligation relief, state sources

Pakistan's Financing Minister Muhammad Aurangzeb showed up in Beijing on Thursday for talks on power sector debt relief along with structural reforms suggested by the International Monetary...

Netherlands
Jul 27, 2024

Dutch set to win EU nod for $2.2 bln state help for brand-new atomic power plant

The Dutch federal government is set to protect EU approval for 2 billion euros ($ 2.2 billion) of state aid to develop an atomic power plant to...

France
Jul 27, 2024

Stocks mainly edge higher after selloff, yields fall, yen gains

World stock indexes were mixed on Thursday, with the S&P 500 greater after the previous day's selloff, while Treasury yields fell as a strong reading on U.S....

United Kingdom
Jul 27, 2024

UK environment duo who tossed soup at Van Gogh's 'Sunflowers' found guilty of criminal damage

Two climate protesters from Simply Stop Oil who threw tinned soup at Vincent van Gogh's. Sunflowers painting in London's National Gallery in 2022 were. on Thursday found...

Thailand
Jul 27, 2024

UN agency seeks urgent response to 'worrying' spread in Asia-Pacific bird flu

The United Nations' Food and Farming Company on Thursday required an immediate and unified response to an alarming increase in avian influenza in people and animals across...

United States
Jul 27, 2024

Helmerich & Payne to buy KCA Deutag for $1.97 bln to enhance Middle East existence

Oilfield services firm Helmerich & & Payne Inc will get Britain's KCA Deutag International for $1.97 billion in money, making the combined business among the biggest rig...

Switzerland
Jul 27, 2024

Financiers recoil as this year's 'everything rally' screeches to a halt

Investors are dumping some of this year's favourite trades as a retreat in the glitzy megacaps has actually grown out of control into a multipronged selloff that...

Africa
Jul 27, 2024

Egypt will not raise cost of subsidised bread after diesel increase, supply minister states

Egypt will not raise the price of its greatly subsidised bread, set at 20 piastres per loaf, even after diesel prices have actually increased, Supply Minister Sherif...

United States
Jul 27, 2024

Valero plans to run refineries at 92% of integrated capacity in Q3 2024

U.S. refiner Valero Energy Corp plans to operate its 14 refineries approximately 92% of their combined 3.2 million barrelperday (bpd) overall throughput capability in the 3rd quarter...

United States
Jul 27, 2024

Leveraged Nvidia ETFs increase financier risk as tech turbulence hits markets

Making leveraged bets on Nvidia is most likely to get much riskier if Wall Street's techled selloff continues. Exchange-traded funds (ETFs) developed to magnify the day-to-day moves...

Africa
Jul 27, 2024

Sibanye Stillwater hold-ups launching outcomes after cyberattack

Sibanye Stillwater will release halfyear monetary outcomes on Sept. 12, two weeks behind arranged, after a cyberattack on its IT system caused minimal disruption to its global...

France
Jul 27, 2024

EnBW to market green ammonia from Norway's SkiGa task

German energy EnBW on Thursday stated it expects to get 100,000 lots of green ammonia a year from Norway's Skipavika Green Ammonia job from 2027 onwards, in...

United Kingdom
Jul 27, 2024

Shell to construct renewable hydrogen electrolyser in Germany

Shell said on Thursday it will construct a 100megawatt sustainable hydrogen electrolyser in Germany, the company's second system in Europe, which will assist it minimize carbon emissions...

China
Jul 27, 2024

Leading critics challenge Russian reserve bank, point to China's rate cuts

The Russian reserve bank's. self-reliance is set to be tested as it prepares to hike interest. rates on Friday in the middle of growing pressure from opponents...

Oil & Gas
Jul 27, 2024

US petroleum prices pull away amid doubts about more stock draw: Kemp

U.S. crude oil inventories have diminished quicker than regular over the last four weeks--. squeezing hedge funds running short positions, keeping area. rates firm and the futures...

United States
Jul 27, 2024

DTE Energy beats quarterly revenue quotes on higher power demand

U.S. electrical and gas energy DTE Energy Co beat secondquarter revenue price quotes on Thursday on greater summertime electrical power need, while the business continued talks with...

Africa
Jul 27, 2024

Angola's new Cabinda refinery to start up later this year-CEO

Angola's new Cabinda crude oil refinery is on track to launch later this year before ramping up to full first phase production of 30,000 barrels a day...

Ukraine
Jul 27, 2024

Ukraine's c.bank keeps key rate the same as inflation anticipated to accelerate

Ukraine's reserve bank kept its essential rates of interest unchanged at 13% on Thursday and stated inflation was anticipated to accelerate this year due to rises in...

Czech Republic
Jul 27, 2024

Suitor emerges for Liberty Steel's Czech system

There are alternatives to maintain some operations at Czech steelmaker Liberty Ostrava, Czech government ministers stated on Thursday, as a capacity buyer provided plans for secondary production....

Indonesia
Jul 27, 2024

Amman Mineral protects export license for 534,000 dry metric lots of copper concentrate

Indonesia's Copper miner Amman Mineral Nusa Tenggara, an unit of Amman Mineral Internasional, has actually secured a permit to export copper concentrate with quota of 534,000 dry...

United Kingdom
Jul 27, 2024

Gold drops over 1% as investors book profits; concentrate on United States data

Gold slid over 1% on Thursday, being up to its least expensive level in 2 weeks, as financiers squared positions to focus on U.S. financial information that...

Germany
Jul 27, 2024

How Germany's hydrogen economy might change energy usage

German energy EnBW today promised 1 billion euros ($ 1.08 billion) to build pipelines to bring tidy hydrogen as part of a plan for a. nationwide grid...

China
Jul 27, 2024

China's gold imports via Hong Kong dip 18% m/m in June

China's net gold imports by means of Hong Kong dropped 18% in June from the previous month, Hong Kong Census and Data Department information revealed on Thursday,...

China
Jul 27, 2024

Taliban start building roadway for substantial Chinese copper mining task

Afghanistan's Taliban administration this week started building of a road to the remote site of a substantial copper mine that Metallurgical Corporation of China (MCC) confirmed it...

United Arab Emirates
Jul 27, 2024

Europe invites Middle East cash however some offers face headwinds

As Abu Dhabi's ADNOC sets its sights on an 11.7 billion euro ($ 12.74 billion). takeover of German chemical maker Covestro in what. would be the biggest...

United States
Jul 27, 2024

Canadian and Indian solar companies sign up with forces on US cell factory

Canada's Heliene and India's Premier Energies are planning a 1gigawatt solar battery factory in the United States to satisfy need for domestically made solar energy devices. WHY...

United States
Jul 27, 2024

Valero Energy beats quotes, however second-quarter revenue falls on weak margins

Refiner Valero Energy reported lower secondquarter earnings on Thursday, but managed to beat revenues quotes as strong processing volumes balance out a. slump in margins. The business's...

United States
Jul 27, 2024

Pakistan's financing minister in Beijing to seek debt relief, say sources

Pakistan's Finance Minister Muhammad Aurangzeb on Thursday showed up in Beijing to open talks on power sector structural reforms recommended by the International Monetary Fund (IMF), two...

Wind Farms
Jul 27, 2024

US Launches $50M Offshore Wind R&D Call

The U.S. Department of Energy’s (DOE's) Wind Energy Technologies Office (WETO) has issued the Offshore Wind National and Regional Research and Development Funding Opportunity, which will award...

United States
Jul 27, 2024

Power business PG&E beats second-quarter earnings quotes on higher rates

Power business PG&E Corp beat secondquarter revenue estimates on Thursday, helped by higher service rates The business has gained from increased electrical power rates. after the California...

United States
Jul 27, 2024

Barbados debt-for-climate swap nears as EIB, IDB finalise guarantees

The launch of a brand-new debtforclimate swap in Barbados appeared impending on Thursday after the European Investment Bank (EIB) and InterAmerican Advancement Bank (IDB) finalised an important...

Colombia
Jul 27, 2024

China's run of robust thermal coal imports might alleviate: Russell

Among the standout commodity stories up until now this year has actually been China's. demand for thermal coal, with the world's largest importer. seeing record deliveries showing...

China
Jul 26, 2024

Chinese court looks for administrators in event of Delong bankruptcy proceedings

A Chinese court said on Wednesday it is seeking administrators in the event that it accepts personal bankruptcy and reorganisation procedures involving China's thirdlargest stainless-steel company, Jiangsu...

Africa
Jul 26, 2024

Egypt raises domestic fuel costs by up to 15% before IMF evaluation

Egypt raised the prices of a. vast array of fuel items on Thursday, the official gazette. said, four days before the International Monetary Fund (IMF). conducts a...

Africa
Jul 26, 2024

South Africa's environment action too sluggish to satisfy its vibrant promises, states report

South Africa, the world's 14th greatest carbon emitter, has actually made strong dedications to environment action but is moving too gradually to wean itself off coal and...

India
Jul 26, 2024

India's duty cut halts concessionary silver, platinum imports from UAE

India's silver and platinum imports from the UAE, previously benefiting from concessionary responsibilities under a trade arrangement, have ceased as New Delhi's move to lower import taxes...