Latest news

Japan
May 27, 2025

Asian shares and the U.S. Dollar climb on positive data, technology optimism

The dollar gained on Wednesday, as the United States economy showed promising signs and speculation about strong tech earnings. The markets welcomed the apparent easing of trade...

France
May 27, 2025

France's Macron and Indonesia's Prabowo discuss strategic partnerships

On Wednesday, French President Emmanuel Macron and his Indonesian counterpart Prabowo Subito will meet in Jakarta to discuss defence ties. This is Paris' largest arms client in...

United States
May 27, 2025

Oil prices rise as U.S. bans Chevron's export of Venezuelan crude

The oil prices rose in the early hours of trading on Wednesday, as the U.S. banned Chevron's exports from Venezuela due to a new authorization for its...

France
May 27, 2025

France's Macron and Indonesia's Prabowo discuss strategic partnerships

On Wednesday, French President Emmanuel Macron and his Indonesian counterpart Prabowo Subito will meet in Jakarta to discuss defence ties. This is Paris' largest arms client in...

United States
May 27, 2025

Sources say that the US has granted Chevron a narrow permission to retain assets in Venezuela

Three sources familiar with the decision confirmed on Tuesday that the Trump administration had granted a limited authorization to U.S. oil company Chevron, allowing it to retain...

United States
May 27, 2025

Executive says that the largest California utility has seen a 40% increase in interest in data centers.

PG&E's, California's biggest electric utility, saw a 40% increase in the number of requests from developers of data centers across the northern part the state for power...

Poland
May 27, 2025

Polish utility PGE Q1 profits jump on lower CO2 emissions costs

PGE, Poland's largest energy utility, reported on Tuesday a core profit of 4,33 billion zlotys (about $1.16 billion), up 71% from the previous year. This was primarily...

Portugal
May 27, 2025

Portugal wants EU to press France reluctantly on power connections

Portugal, following a major blackout on the Iberian Peninsula last month, said that the EU must enforce the common market rules in order to integrate the Iberian...

Serbia
May 27, 2025

Think tank: EU sanctions have cost Kosovo 600 million euros in unpaid funds

According to a GAP Institute report, Kosovo has been denied more than 600 millions of euros in external funding for environmental protection projects and energy projects, among...

United Kingdom
May 27, 2025

South African rand falls as gold prices weigh

The rand of South Africa fell against the dollar Tuesday as risk sentiment increased following Donald Trump's decision not to impose tariffs on Europe. At 1510 GMT...

United States
May 27, 2025

US Judge extends the topping period for Citgo Parent's auction to June 2

According to a Tuesday filing, a U.S. Federal Judge has extended until at least June 2, the deadline for rival bidders to enter bids during a court-organized...

United States
May 27, 2025

Oklo, South Korea's KHNP enter into agreement to develop Aurora nuclear facility

Nuclear technology company Oklo announced on Tuesday that it had signed a Memorandum of Understanding (MOU) for the development of Oklo’s planned Aurora powerhouse with South Korea’s...

India
May 27, 2025

Indian miner NMDC's profit quarterly falls due to lower prices

The Indian state-owned mining company NMDC reported a decline in its fourth-quarter profits on Tuesday, due to lower product prices. Iron ore mining company's quarterly profits before...

United States
May 27, 2025

The US Core Capital Goods Orders are Plummeting, a Sign of Weak Business Spending

The number of new orders for capital goods manufactured in the United States plummeted in April, amid the uncertainty surrounding the economy due to tariffs. This suggests...

United Kingdom
May 27, 2025

US Supreme Court rejects Native American challenge against Rio Tinto's Arizona Copper Project

The U.S. Supreme Court refused to hear on Tuesday a Native American's religious rights-based bid to stop Rio Tinto from gaining control over Arizona land required to...

United States
May 27, 2025

Trump's tariff reprieve drives gold down for a second consecutive session

Gold prices fell for the second session in a row on Tuesday as risk sentiment improved after U.S. president Donald Trump announced that he would postpone tariffs...

Hong Kong
May 27, 2025

China chemical plant blast: At least five dead and six missing

The state-run Xinhua news agency reported late Tuesday that an explosion occurred at a chemical factory in the province of Shandong, eastern China. At least five people...

China
May 27, 2025

Shanghai Futures Exchange will open its doors to foreigners to help internationalise the renminbi

Shanghai Futures Exchange released on Tuesday draft proposals to open up domestic futures markets to foreign investors and brokers in an effort to internationalise renminbi. China is...

Netherlands
May 27, 2025

Source: Norway will reject the call for a blanket ban on companies operating in Israeli-occupied territories by wealth funds.

A person familiar with the proceedings said that the Norwegian parliament is set to reject the campaigners' call to instruct its $1.8 trillion fund to boycott companies...

Austria
May 27, 2025

Clariant rejects $1 Billion OMV claim alleging violation of competition law

Clariant was one of four companies that received a claim for damages of approximately 1 billion euros ($1.14billion) from Austrian Energy Company OMV, the company said on...

Energy Markets
May 27, 2025

What OPEC+ oil production cuts are in place today?

After agreeing to the first reduction in output in 2022, OPEC+ producers have implemented three levels of cuts. Eight OPEC+ oil producers have begun to increase production...

Colombia
May 27, 2025

Colombian oil reserves will grow by 0.74% between 2024 and 2024, but gas stocks will decrease

The National Hydrocarbons Agency, the regulator of Colombia, said that the country's oil reserves would be enough to cover 7.2 years' worth of consumption by the end...

Japan
May 27, 2025

Nikkei reports that Nippon Steel may offer Washington a golden share in order to seal a U.S. steel deal.

Nippon Steel may offer a "golden share" in U.S. Steel in order to complete its long-sought purchase of the iconic American company, the Nikkei reported in Japan...

Africa
May 27, 2025

EGA's Guinea Bauxite Unit hopes to resume discussions with the government

Emirates Global Aluminium (EGA)'s subsidiary in Guinea announced on Tuesday that it hopes to resume discussions with the Guinean Government, which could lead to the lifting of...

Energy Markets
May 27, 2025

Most EU firms will be exempted from border carbon tariff

The European Union supported plans to reduce the carbon border tax to just 10% of companies that are currently covered under the scheme. This is because these...

United States
May 27, 2025

Copper prices fall on uncertainty over tariffs and a stronger dollar

The copper price fell on Tuesday due to a stronger dollar and the uncertainty surrounding U.S. Tariffs. It was down from its highest level in almost two...

Saudi Arabia
May 27, 2025

Saudi Aramco to raise funds via three-part bond issue

Fixed income news service IFR said on Tuesday that Saudi Aramco, the oil giant, is looking to raise money through a three-part dollar-denominated bond sale. The benchmark...

China
May 27, 2025

Guinea cancels 129 exploration licenses, tightening up control

Guinea's military has announced that it has cancelled 129 permits for mineral exploration. The West African country tightened its control of its assets. An official from the...

India
May 27, 2025

Source: India's Steel Ministry supports extending the import restrictions on met coke.

A source familiar with this matter stated that the Indian steel ministry favors extending import restrictions on low-ash metallic coke due to the fact that there is...

United Arab Emirates
May 27, 2025

UAE Energy Minister: OPEC+ should be aware of the rising demand for oil

Suhail Mohammed Al Mazrouei, United Arab Emirates Minister of Energy, said that OPEC+ does its best to maintain a balanced oil market but must be aware of...

United States
May 27, 2025

Gold drops as dollar firming adds pressure to soften US trade policy

Gold prices fell more than 1% Tuesday, as the dollar's return to higher trading added to the pressure placed on the safe haven asset after U.S. president...

Bahrain
May 27, 2025

Major Gulf markets react to Trump's tariff uncertainty

Gulf stock markets mixed on Tuesday. Saudi Arabia's Tadawul main index fell 0.78%, as investor sentiment was fragile due to the unpredictable nature of U.S. president Donald...

United States
May 27, 2025

Prices of European Gases remain stable as a weaker demand offsets Norwegian Supply Cuts

The Dutch and British wholesale prices of gas were not much different on Tuesday morning, as the warmer weather helped to reduce demand and offset a weaker...

South Asia
May 27, 2025

Tesla's Model Y isn't able to boost sales in Europe, and thus misses out on the growth of EVs.

Tesla's European sales fell by 49% from a month earlier in April, despite a 27.8% increase in battery-electric vehicle sales. The upgrade to its Model Y does...

China
May 27, 2025

London metals fall on soft dollar caps and weak China demand

London metals fell on Tuesday due to a decline in copper demand from the world's largest consumer, China. However, a weaker dollar helped cushion the fall. The...

Scandinavia
May 27, 2025

Norway Oil Industry to invest record amount by 2025

A survey by the Statistics Office of industry participants showed that Norwegian oil and natural gas investments will likely reach a record high this year and then...

Australia
May 27, 2025

Harmony Gold buys Australian Mac Copper for $1 Billion

Harmony Gold is South Africa's largest gold producer in terms of volume. It has now agreed to purchase Mac Copper Ltd, an Australian copper miner, for $1.03...

United States
May 27, 2025

Oil prices remain unchanged as higher OPEC+ production expectations weigh on sentiment

The oil prices were little altered on Tuesday, as the expectation that members of OPEC+ (Organisation of Petroleum Exporting Countries plus their Allies) will decide to raise...

United States
May 27, 2025

Police: Two killed and nine injured in Memorial Day shootings in Philadelphia

Police said that two people, including three teens, were killed in a shooting on Memorial Day at Philadelphia's Fairmount Park and nine other people, including them, were...

United States
May 27, 2025

Sony makes a case for a finance division spin-off as part of its latest corporate transformation

Sony will host an investor day Thursday to set out its financial business strategy Four years ago, the company took control of its financial unit. Investors have...

United Kingdom
May 27, 2025

Oil prices fall as expectations of higher OPEC+ production weigh on sentiment

Oil prices fell for a second time on Tuesday, as expectations grew that members of the Organisation of Petroleum Exporting Countries (OPEC+) and their allies would decide...

China
May 27, 2025

Dollar struggles as shares struggle on Trump's tariff chaos

Investor sentiment was fragile on Tuesday, as shares were mixed after U.S. president Donald Trump postponed his threatened 50% duty on European Union shipments. This reinforced his...

Australia
May 27, 2025

Australia floods recovery may take months, says PM

The Australian Prime Minister Anthony Albanese stated on Tuesday that flooding in the Southeast posed "massive" challenges and recovery would take months. In the Hunter and Mid...

United Kingdom
May 27, 2025

London metals fall on weak China demand and soft dollar caps

London metals fell on Tuesday due to a decline in copper demand from the world's largest consumer, China. However, a weaker dollar helped cushion the fall. By...

Japan
May 27, 2025

Toyota will move some GR Corolla manufacturing to Britain, say sources

Toyota will move a portion of production for its GR Corolla sport car to Britain. The company plans to spend $56 million to create a line in...

South Asia
May 27, 2025

Coal India unit CMPDIL files initial public offering

Draft papers dated on Monday show that Central Mine Planning and Design Institute Ltd. (CMPDIL), a subsidiary of state-run coal miner Coal India, filed for an IPO....

United Kingdom
May 27, 2025

Dollar weakness and US fiscal woes cause gold to hover near a two-week high

Gold was close to its two-week high Tuesday due to the weaker dollar, and investors were waiting for further U.S. data on interest rates. As of 0228...

United Kingdom
May 26, 2025

London metals fall on weak China demand and soft dollar caps

London metals fell on Tuesday due to a decline in copper demand from the world's largest consumer, China. However, a weaker dollar helped cushion the fall. By...

United States
May 26, 2025

Asian shares fall, dollar struggles following Trump's tariff backlash

Asian shares declined on Tuesday. U.S. Futures rose, however, after President Donald Trump postponed his threatened 50% duty on European Union shipments. The dollar, meanwhile, was heading...

Germany
May 26, 2025

Sources say that Chinese customs caution has slowed some rare earth magnets exports.

Three sources claim that Chinese customs have been holding up shipments of rare earth magnets with lower performance used in consumer electronics and appliances because they are...