Latest news

India
May 23, 2025

Perpetua requests up to $2 billion in loan from US EXIM to fund antimony project

Perpetua Resources announced on Friday that it had filed a formal request with the U.S. Export-Import Bank to receive potential debt financing up to $2 billion for...

United States
May 23, 2025

Focus on next week's rate decision to determine the South African rand rate.

South Africa's currency, which is backed by commodities, was stronger on Friday against a weaker US dollar. This was helped by the higher gold price as investors...

China
May 23, 2025

Platinum prices soar to a two-year high due to strong Chinese demand and tighter supply

The price of platinum surged up to a record high in two years on Friday. This was due to the sharp increase in Chinese imports and persistent...

Africa
May 23, 2025

TotalEnergies CEO defends the company against East Africa allegations

Patrick Pouyanne, the chief executive of TotalEnergies, defended his company's involvement in oil projects in East Africa after a U.N. independent human rights expert stated that the...

China
May 23, 2025

Ivanhoe disputes Zijin's statement about Congo mine problems

Ivanhoe Mines disputed on Friday the statement made by its Chinese partner regarding problems at their Kakula Copper Mine in Democratic Republic of Congo following seismic activity....

United Kingdom
May 23, 2025

COMEX stocks surpass LME for the first time since 2022

The COMEX warehouses registered with the exchange have seen their copper inventories surpass those on the London Metal Exchange since March 2022. This is because traders are...

France
May 23, 2025

Extinction rebellion briefly occupies BNP Paribas' entrance during TotalEnergies protest

Around a dozen climate activists from Extinction Rebellion briefly occupied the lobby entrance of the French bank BNP in Paris, Friday morning. They were protesting against BNP's...

Africa
May 23, 2025

TotalEnergies is asked to take action by UN expert on human rights concerns

An independent U.N. expert on human rights said that TotalEnergies should urgently address new allegations of abuses in its controversial oil pipeline project, which is located in...

United Kingdom
May 23, 2025

Wood Group's UK chair is planning to leave the UK pending a clearer strategic direction

Wood Group, a British oilfield service company, announced on Friday that its chairman Roy Franklin will run for reelection at the annual general meeting. Franklin plans to...

France
May 23, 2025

Extinction rebellion briefly occupies BNP Paribas' entrance during TotalEnergies protest

Around a dozen climate activists from Extinction Rebellion briefly occupied the lobby entrance of the French bank BNP Paribas in Paris, Friday morning. They were protesting what...

India
May 23, 2025

India's JSW Steel misses its quarterly profit forecast due to weaker prices

India's JSW Steel, the country's top steelmaker, reported a smaller-than-expected rise in fourth-quarter profit on Friday, hurt by weak steel prices. Its consolidated profit was 15.03 billion...

Chile
May 23, 2025

The UN honors South America's camelids as heroes of the high plateau

Llamas and alpacas are being celebrated as the heroes of South America's high plateaus because they have adapted to harsh climates and environments, and their value is...

France
May 23, 2025

Suriname voters to select government that will lead oil boom predicted

Suriname voters, who are on the verge of an oil boom predicted, will head to the polls this Sunday to elect the new parliament that will choose...

Australia
May 23, 2025

Woodside's North West Shelf expansion is a result of a study on ancient Australian rock art

A study released Friday, days before a decision is made on the extension of Woodside's large gas project in Western Australia, found that emissions from industrial sites...

United Kingdom
May 23, 2025

Weaker dollar, improved risk appetite drive copper prices up

The prices of copper and other base materials rose on Friday, supported by the weaker dollar as well as an improved outlook for global consumption amid eased...

Climate Change
May 23, 2025

EU watchdog investigates Commission's relaxation of green rules

After receiving a complaint from campaigners who accused the EU executive of weakening sustainability laws without consulting the public, the EU Ombudswoman announced on Friday that she...

South Asia
May 23, 2025

Minister: Pakistan will offer concessions to US mining firms in tariff talks on investment

Pakistan will offer concessions to U.S. firms to invest in the country's mining sector, its Commerce Minister said. Islamabad is seeking to take advantage of Trump's desire...

United States
May 23, 2025

Official: US panel split over Nippon Steel bid but sees path forward

The White House said that a national security panel had divided opinions on its recommendation to Donald Trump regarding Nippon Steel’s bid to acquire U.S. Steel. However,...

Africa
May 23, 2025

Sibanye: 289 trapped workers in South African goldmine

Sibanye Stillwater, a South African company, said that on Friday it was working to rescue the 289 trapped mine workers at its Kloof gold mine in Johannesburg....

Central Asia
May 23, 2025

Kazakhstan's oil production is expected to exceed plans in this year, reports TASS

Erlan Akkenzhenov, the Energy Minister, was quoted saying that Kazakhstan's oil production will probably exceed its original plans of 96.2 millions tons for 2024 due to expansion...

China
May 23, 2025

Taliban talks with Russia and China about trade in local currency

Afghanistan's acting Commerce Minister said that the Taliban administration has advanced discussions with Russia to allow banks from both sanction-hit economies, Russia and Afghanistan, to settle trade...

Hong Kong
May 23, 2025

Shell Indonesia transfers gas station business from Citadel to Sefas JV

Shell Indonesia announced on Friday that it has sold its gas station business ownership to a joint-venture between Citadel Pacific Limited, Sefas Group and Citadel Pacific Limited....

China
May 23, 2025

Iron ore posted a weekly loss due to a slowdown in Chinese steel demand and property weakness

The price of iron ore futures fell on Friday, and the weekly loss was due to persistent property weakness in China along with a slowdown in demand...

Australia
May 23, 2025

Australian shares finish slightly higher after miners limit bank's gains

Australian shares closed slightly higher on the Friday as investors remained cautious due to concerns about domestic growth and global uncertainty. The S&P/ASX 200 closed 0.2% higher...

India
May 23, 2025

ASIA GOLD - High prices dampen Indian demand for gold, but China premiums remain firm

The physical gold demand in India this week was subdued, as a rise in global prices, a weaker rupee and retail purchases were limited. Premiums in the...

Luxembourg
May 23, 2025

French and Benelux stocks: Factors to watch

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. ARCELORMITTAL Bloomberg News, citing an individual familiar...

United States
May 23, 2025

Trump presses EU to reduce tariffs or face additional duties, reports FT

Financial Times, Friday, reported that U.S. President Donald Trump’s trade negotiators were pushing the EU for unilateral tariff reductions of U.S. products, saying the bloc would not...

Oil & Gas
May 23, 2025

Two Wildcat Wells on Equinor’s North Sea Drilling Agenda

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat exploration wells in the North Sea.The permit is for wellbore 15/5-8 S and...

China
May 23, 2025

London copper prices rise as the dollar falls

The copper price in London rose on Friday. Supported by a weaker dollar, the prices are poised to rise for a week, but gains will be limited...

China
May 23, 2025

Dollar strength and slowing Chinese steel production are causing a decline in iron ore prices

The price of iron ore futures eased on Friday, and the prices were expected to decline modestly for the week due to a stronger dollar and a...

United Kingdom
May 22, 2025

London copper prices rise as the dollar falls

The copper price in London rose on Friday due to a weaker dollar. However, the gains were limited by the uncertainty surrounding U.S. Tariffs. As of 0225...

Japan
May 22, 2025

Tariffs crossfire on Toyota, Nissan and Ford suppliers in Japan

Hiroko Suzuki’s father sparked a U.S. Trade War four decades ago by converting the family business, which produced auto parts, into niche products. The tariffs that the...

United States
May 22, 2025

Gold heads have the best week for more than a year on US fiscal concerns

Gold's best weekly gain since more than a week was expected on Friday as a weaker dollar and growing concerns over the deteriorating outlook of the world's...

Iran
May 22, 2025

Oil prices fall on stronger US Dollar, possible increase in OPEC+ output

The oil prices fell on Friday due to a stronger dollar and the likelihood that OPEC+ would increase crude oil production. Brent futures dropped 37 cents per...

United States
May 22, 2025

Official: US panel split over Nippon Steel bid but sees path forward

The White House said that a national security panel had divided opinions on its recommendation to Donald Trump regarding Nippon Steel’s bid for U.S. Steel. However, most...

Japan
May 22, 2025

Official: US panel split over Nippon Steel bid but sees path forward

The recommendation of a national security panel to President Donald Trump regarding the bid by Japan's Nippon Steel for U.S. Steel was divided, but the majority of...

United States
May 22, 2025

Sources say Phillips 66 will begin laying off workers at its Los Angeles refinery in December.

Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December, sources familiar with the matter said on Thursday. The company...

United States
May 22, 2025

Trump will sign an order to boost nuclear energy as early as Friday, according to sources

Four sources said that U.S. president Donald Trump would sign executive orders on Friday to help jumpstart the nuclear industry. These orders will ease the approval process...

United States
May 22, 2025

Trump will sign an order to boost nuclear energy as early as Friday, according to sources

Four sources said that U.S. president Donald Trump would sign executive orders on Friday to help jumpstart the nuclear industry. These executive orders will ease the approval...

United States
May 22, 2025

Treasury yields decline, US stocks rise; investors evaluate US tax bill

The 30-year U.S. bond yields rose to their highest level in nearly a year before they eased on Thursday. Worries about the U.S. budget outlook and demand...

Australia
May 22, 2025

Rio Tinto to build second lithium project in Chile

Rio Tinto, the global miner, has been chosen by Chilean authorities for a second time in this week to be a partner on a new lithium project....

France
May 22, 2025

Enel's Italian shareholders have approved up to 3.5 billion euros in investor rewards

Enel, Italy's largest utility, approved on Thursday a plan for a share buyback and the option to cancel shares acquired without reducing capital. This allows Enel to...

Germany
May 22, 2025

White House focuses on food, chemicals and overtreatment in report about childhood diseases

On Thursday, a commission headed by U.S. Secretary of Health Robert F. Kennedy Jr. released a report in which it stated that processed foods, chemicals, stress, and...

South Asia
May 22, 2025

Modi declares that Pakistan will not receive water from rivers controlled by India

Indian Prime Minister Narendra modi reaffirmed on Thursday that Pakistan would not be able to access water from rivers where India holds rights. This was a further...

United States
May 22, 2025

Scientists in the US predict a hurricane season above normal for 2025

Scientists from the U.S. Government said that they expected a hurricane season above normal in 2025. They expect three to five hurricanes of major intensity with winds...

United States
May 22, 2025

Treasury yields fall, US stocks increase with technology; investors evaluate US tax bill

The 30-year U.S. bond yields rose to their highest level in nearly a year before they eased on Thursday. Worries about the U.S. budget outlook and demand...

United States
May 22, 2025

US backs Republican states in BlackRock Climate Case

U.S. antitrust enforcers backed up on Thursday the arguments used by Republican states accusing asset managers BlackRock Vanguard State Street and State Street, of conspiring to reduce...

Australia
May 22, 2025

Rio Tinto searches widely for new CEO in contrast to BHP's strong bench

Rio Tinto will be casting a wide net when it searches for a new chief executive officer due to the fact that there is a short list...

South Asia
May 22, 2025

Ramco Cement reports a slump in profits, but forecasts higher prices for south India

Ramco Cements reported on Thursday that it expects to see an improvement in cement prices in the key South India market. This comes after Ramco Cements reported...

Netherlands
May 22, 2025

The US Senate votes to block California's 2035 electric vehicle regulations

The U.S. Senate voted on Thursday to block California's historic plan to stop selling gasoline-only cars by 2035. This plan has been adopted and endorsed by 11...