Latest news

East European Countries
Jul 6, 2024

Czech billionaire Kretinsky's sprawling empire

Czech billionaire Daniel Kretinsky pressed on with his buying spree on Wednesday as EP Group, one of his financial investment vehicles, finalised a deal to take private...

Energy Markets
Jul 6, 2024

Stocks, bonds constant after rate angst sell-off

European stocks steadied on Thursday as bonds gained back some ground after a sell-off the day before on bets that global rates of interest would stay greater...

Nordic States
Jul 6, 2024

Iceland volcano spews lava and smoke for a 2nd day

A volcano in Iceland spewed smoke and lava for a second day on Thursday but winds were anticipated to carry dangerous gas contamination away from the capital...

South-West Asia
Jul 6, 2024

EUROPE GAS-Prices edge lower amidst strong supply and warm temperatures

LONDON, May 30 - Dutch and British gas rates edged lower on Thursday morning as a relieving in maintenance caused increased flows from Norway and warm temperatures...

United Kingdom
Jul 6, 2024

Shanghai aluminium hits 2-year high; other base metals slump

Shanghai aluminium costs notched a twoyear high on Thursday, supported by strong market principles, while costs of most base metals plunged amidst selloffs on fears of interest...

Japan
Jul 6, 2024

Woodside gets $1 bln in funding for Scarborough LNG job

Woodside will get $1 bln in financing for its flagship Scarborough melted natural gas project from stateowned Japan Bank for International Cooperation, the Australian energy giant said...

North America
Jul 6, 2024

Gold costs dip as strong United States dollar, yields dim bullion's shine

Gold prices slipped for a second successive session on Thursday as the U.S. dollar and Treasury yields edged higher, while financiers waited for essential U.S. inflation data...

Western Europe
Jul 6, 2024

Australia shares end lower on rates of interest jitters; BHP falls

Australian shares on Thursday logged their most affordable close considering that May 2, amid issues of a delay in rate of interest cuts, while BHP struck a...

China
Jul 6, 2024

China plans CO2 emission cuts in essential sectors by 1% of 2023 level

China intends to lower the carbon dioxide emissions of key markets by an amount equivalent to about 1% of the 2023 nationwide overall through performance gains in...

Asia / Pacific
Jul 6, 2024

India's Delhi sees very first heat-related death this year as capital sizzles

India's capital, Delhi, has actually tape-recorded its very first heatrelated death this year, media reported on Thursday, as India's northwest swelters in record high temperatures. The heatrelated...

Vietnam
Jul 6, 2024

Southeast Asia's $220 bln gas expansion strategies could slow energy transition, GEM says

Southeast Asian nations are preparing to invest as much as $220 billion on a quick natural gas expansion program that might slow the area's. tidy energy transition,...

Fossil Fuels
Jul 6, 2024

Xi states China wishes to deal with Arab specifies to solve location concerns

China wants to deal with Arab nations to solve location issues in methods conducive to supporting fairness, justice and achieving longterm peace and stability, President Xi Jinping...

Asia / Pacific
Jul 6, 2024

VEGOILS-Palm oil slips on profit-taking, weaker Chicago soyoil

Malaysian palm oil futures fell on Thursday on profittaking and weakness in rival Chicago soyoil, as costs combined after a current uptick. The benchmark palm oil agreement...

Climate Change
Jul 6, 2024

Spain's power cost woes may intensify throughout peak solar season: Maguire

After a. breakneck growth that lifted solar generation by over 200%. considering that 2019, Spain's solar setup rate looks set to slow in. 2024 as traditionally weak...

Australia / New Zealand
Jul 6, 2024

Investors relieved BHP strolled from $49 bln Anglo takeover offer

BHP Group financiers welcomed the leading worldwide miner's decision to ignore a $49. billion strategy to take control of Anglo American, which. rejected three proposed deals from...

Crude Oil
Jul 6, 2024

Stocks, bonds tumble over worldwide rates angst

Asian stocks were a sea of red on Thursday and bonds moved on bets worldwide rate of interest would stay greater for longer, as investors looked to...

Asia
Jul 6, 2024

India's capital sees very first heat-related death this year, media reports

India's capital Delhi taped its first heatrelated death this year as temperature levels reached record highs, media reported on Thursday. Parts of northwest and central India have...

Africa
Jul 6, 2024

South African election results drip in after wide-open vote

First results from South Africa's many competitive election since the end of apartheid were dripping in early Thursday, after a late voting surge kept many ballot stations...

United States
Jul 6, 2024

Asia's crude oil imports struck 12-month high, but it's India, not China: Russell

Asia's imports of crude oil increased to the greatest in 12 months in May, with the strength being driven by India as the region's secondbiggest purchaser is...

China
Jul 6, 2024

Iron ore slips after China restates steel output control

Iron ore futures prices slipped on Thursday, weakened by fears of falling demand in top consumer China in the remainder of the year after Beijing repeated its...

Australia
Jul 6, 2024

Australia's Wesfarmers to offer LPG, LNG distribution services

Wesfarmers will offer its liquefied petroleum gas (LPG) and melted natural gas (LNG). circulation organizations to Supagas and Clean Energy Fuels. Australia respectively for a concealed sum,...

Asia / Pacific
Jul 6, 2024

Global shift to renewables slowed in 2023, policy group states

The worldwide shift to renewables in major energyconsuming sectors slowed in 2023, hindered by regulative gaps, political pressures and a failure to set clear targets, a policy...

Asia / Pacific
Jul 6, 2024

VEGOILS-Palm opens lower on weaker crude oil prices, rival oils

Malaysian palm oil futures fell on Thursday, as weaker unrefined prices and lacklustre efficiencies by competing oils in Dalian and Chicago agreements weighed on belief. The benchmark...

Myanmar
Jul 6, 2024

Myanmar's ethnic armies consolidate fortress as junta weakens, reports say

Myanmar's judgment junta has lost control over huge tracts of territory, consisting of access to much of its worldwide borders, allowing ethnic armed groups to expand and...

Asia / Pacific
Jul 6, 2024

British Service - May 30

Following are the top stories on the business pages of British newspapers. has not verified these stories and does not vouch for their precision. The Times -...

Asia / Pacific
Jul 6, 2024

Shanghai aluminium climbs to 2-year high up on strong principles

Aluminium rates in Shanghai jumped on Thursday to their greatest levels in more than two years as investors kept their bullish position on strong basics of the...

South-East Asia
Jul 6, 2024

Stocks, bonds slump over international rates angst

Asian stocks were a sea of red on Thursday and bonds slid on bets global rates of interest would remain higher for longer, as investors sought to...

Australia / New Zealand
Jul 6, 2024

Financial Times - May 30

The following are the leading stories in the Financial Times. has not verified these stories and does not guarantee their accuracy. Headings - BHP's 39 bln stg...

Asia / Pacific
Jul 6, 2024

Gold rates flat ahead of United States inflation information

Gold costs were flat on Thursday, as investors waited for a key U.S. inflation checking out that might offer further insights into the Federal Reserve's policy course....

Mining
Jul 6, 2024

Miners, banks drag Australian shares lower as rate issues weigh

Australian shares fell almost 1% in broadbased selling on Thursday, with heavyweight miners and banks leading the losses, after strongerthanexpected consumer inflation information moistened expectations of a...

China
Jul 6, 2024

Chinese companies rush to trek dividends, buy back shares in Japan-style reform

Chinese listed business are hurrying to buy back shares and lift dividends as they respond to regulators' calls that echo reform efforts in Japan and South Korea,...

United States
Jul 6, 2024

Oil rates down on need concerns as markets wait for U.S unrefined stockpiles data

Oil costs were down on Thursday as the markets wait on the current U.S. crude oil stockpiles information while durable U.S. financial activity pointed to borrowing expenses...

ASEAN Countries
Jul 6, 2024

LME brand name approval seals Indonesian nickel ascendancy: Andy Home

The London Metal Exchange ( LME) has actually approved the listing of the first ever Indonesian brand of refined nickel. DX-zwdx isn't the most unforgettable of historical...

North America
Jul 6, 2024

UK's car output down for second straight month in April, says industry body

Britain's vehicle production fell by 7%. yearonyear in April, succumbing to a second successive month,. as makers wound down existing designs and more plants. transitioned to electric...

Brazil
Jul 6, 2024

Lenders of Brazil utility Light authorize restructuring strategy

Creditors of Brazilian electrical utility Light on Wednesday approved the firm's restructuring plan, which includes a capital injection of approximately 1.5 billion reais ($ 288.33 million), the...

Climate Change
Jul 6, 2024

Pension supervisors back climate group after prominent US exits

Property owners managing $4.6. trillion have signed a statement tossing their assistance behind. the Climate Action 100+ financier group after numerous. highprofile Wall Street investors left the...

Africa
Jul 6, 2024

Long lines as South Africans vote in the majority of competitive election since end of apartheid

South Africans voted on Wednesday in the most competitive election given that the end of apartheid, in the middle of high turnout and with viewpoint polls suggesting...

Energy Markets
Jul 6, 2024

Stocks wilt, bond yields jump as investors focus on rates

A global equities gauge fell on Wednesday while U.S. Treasury yields rose after a. third weak government financial obligation auction in a row, and investors. worried about...

North America
Jul 6, 2024

United States regulator looks for new emissions data from Venture Global LNG

U.S. melted gas ( LNG) exporter Venture Global LNG need to refile emissions data for its Calcasieu Pass 2 plant building permits, regulators stated on Wednesday. The...

Asia / Pacific
Jul 6, 2024

BP, Trinidad's NGC get US license for gas development with Venezuela

British oil major BP and Trinidad and Tobago's state energy company NGC have gotten a. twoyear license from the U.S. Treasury Department to negotiate. and establish the...

Africa
Jul 6, 2024

Botswana flags synthetic gem danger ahead of $6 bln diamond job launch

Botswana's President Mokgweetsi Masisi on Wednesday called synthetic gems a hazard to the country's financial lifeblood, as the federal government readies to launch a $6 billion job...

East European Countries
Jul 6, 2024

Thyssenkrupp to pare back funding for steel system in 50:50 JV with Kretinsky

Thyssenkrupp will merely contribute funding to its steel division needs to the German corporation agree on a 50:50 joint venture for the unit with Czech billionaire Daniel...

Nordic States
Jul 6, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: ** Respected oil and gas designer Double Eagle is exploring a sale of...

Africa
Jul 6, 2024

In South Africa poll, some ANC citizens lose perseverance with their liberators

The long lines of citizens recalled South Africa's 1994 tally that ended white minority guideline and introduced democracy, but for many, appreciation to the ruling African National...

North America
Jul 6, 2024

Top Exxon directors cruise to re-election in spite of activist opposition

Exxon Mobil financiers on Wednesday voted to reelect Chairman Darren Woods and Lead Director Joseph Hooley by wide margins regardless of activist investor opposition. The two had...

Energy Markets
Jul 6, 2024

Stocks wilt, bond yields jump as financiers concentrate on rates

A global equities gauge fell on Wednesday while benchmark U.S. Treasury yields rose after a 3rd weak government bond auction in a row, and investors fretted about...

United States
Jul 6, 2024

Oil costs alleviate on US gas demand worries, economic data

Oil prices relieved about 1%. on Wednesday on worries over weak U.S. gas need and. economic information that might trigger the U.S. Federal Reserve to keep. rates...

North America
Jul 6, 2024

Double Eagle checks out $6.5 billion sale of shale oil producer, sources say

Respected oil and gas designer Double Eagle is checking out a sale of its most current Permian Basinbased manufacturer in a deal that could be worth more...

Caribbean
Jul 6, 2024

Mexico to resume oil exports to Cuba after 3-month time out -information.

Mexico prepares to resume oil shipments to Cuba after a threemonth pause, shipping information revealed on Wednesday, a move that could assist relieve power interruptions and aggravating...

North America
Jul 6, 2024

Tellurian to utilize most of gas possession sale to pay off financial obligation

LNG designer Tellurian will use most of the profits from the sale of its natural gas possessions to Aethon Energy to pay off longterm debt, a. company...