Latest news

Australia
May 15, 2025

Australia's NRW Holdings plunges after warning of $73 million impairment

Shares in Australia's NRW Holdings dropped as much as 24 percent to a two-year low Thursday after the company warned that a proposed legislation regarding Whyalla Ports...

China
May 15, 2025

London metals fall on cautious over US-China truce

Prices for most base metals fell in London on Thursday, as the temporary truce between U.S. and China tariffs prompted caution. There were also concerns over a...

May 15, 2025

Union wins with two goals from Tai Baribo in the second half

Tai Baribo scored twice, including the winning goal in the sixth minute during second-half stoppage, as the Philadelphia Union defeated the Los Angeles Galaxy 3-2 on Wednesday,...

South Asia
May 15, 2025

Russell: Asia's refined oil imports fall, but margins are still strong

In April, Asia's imports for key refined fuels like gasoline and diesel dropped to their lowest level in four years. This was due to refinery maintenance as...

United States
May 15, 2025

Southwest Kansas wheat yield is estimated to be above average. Crop tour shows

On Wednesday, the second of a three-day annual tour in Kansas, crop scouts projected that the average yield of hard red winter grain in the southwest portion...

United States
May 15, 2025

Gold falls to a new low in less than a month; US PPI data is the focus

Gold prices fell to a record low of over one month on Thursday, ahead of an important U.S. report that is expected provide clues about the Federal...

Wind Farms
May 15, 2025

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne...

China
May 15, 2025

Iron ore futures near 5-week high but China credit data cap gains

Iron ore futures rose to a new five-week high Thursday, supported by a better demand outlook thanks to the Sino-U.S. Trade truce. However, weaker Chinese credit data...

May 14, 2025

Union wins with two goals from Tai Baribo in the second half

Tai Baribo scored twice, including the winner in the sixth second-half minute of stoppage time. The Philadelphia Union won 3-2 on Wednesday, keeping the Los Angeles Galaxy...

Australia
May 14, 2025

As markets wait for US data, stocks drift and the dollar fluctuates.

The dollar fell on Thursday as traders looked to U.S. economic data for more catalysts. The benchmark 10-year Treasury yield reached a new high, partly due to...

China
May 14, 2025

Metals fall as metals are cautious over the US-China truce on tariffs

The price of most base metals fell in London on Thursday as the U.S. - China tariff truce sparked uncertainty about various trade deals. The benchmark copper...

United Kingdom
May 14, 2025

Oil drops more than 1% amid expectations of a US-Iran nuke deal

Early Thursday, oil prices fell by nearly $1 on the back of expectations for a possible U.S. Iran nuclear deal. Meanwhile, an unexpected increase in U.S. crude...

Australia
May 14, 2025

Peak Rare Earths, owned by Australia's Peak Rare Earths, will be purchased by China's Shenghe Resources for approximately $97 million

Peak Rare Earths announced on Thursday that Shenghe Resources, a Chinese rare earths producer, will purchase the Australian company for A$150.5m ($96.62m), plus the A$7.5m entitlement offer....

United Kingdom
May 14, 2025

Britain invests $838 Million on Public Building Energy Upgrades

The government announced on Thursday that it would invest 630 millions pounds ($838million) in the installation of solar panels, heat pumps, and other clean energy technologies on...

United States
May 14, 2025

As the US dollar stabilizes after its recent sharp plunge, global shares gain

On Wednesday, global shares rose and Wall Street's major indexes mixed as trade tensions between the two world's largest economies eased and the U.S. Dollar stabilized after...

Brazil
May 14, 2025

Minister says Nigeria is in talks with Petrobras about deep-water acreage

Yusuf Tuggar, Nigeria's foreign minister, said that the country is in talks with Petrobras about exploring its deep-water oil acreage, after years of the Brazilian oil giant...

United States
May 14, 2025

As the US dollar stabilizes after a steep drop, global shares are rising

The U.S. Dollar recovered from its recent losses as trade tensions between the two world's largest economies eased. Global shares and Wall Street indexes also rose on...

Africa
May 14, 2025

Sources say that a Mali judge is expected to order the reopening Barrick mine with new management.

Three people with knowledge of the matter say that a Malian judge will likely order the reopening on Thursday of Barrick Mining’s Loulo-Gounkoto mine under a new...

China
May 14, 2025

Pirelli: Talks over dispute with major shareholder ended without agreement

The Italian tyremaker Pirelli announced on Wednesday that the talks to repair relations with Sinochem, its largest shareholder in China, ended without any breakthrough. Pirelli, and its...

Italy
May 14, 2025

Enel, Leonardo and Ansaldo Energia join forces on nuclear energy research

They announced on Wednesday that Enel, Leonardo, and Ansaldo Energia, all of which are part of the Italian power group, have formed a new company to research...

Italy
May 14, 2025

Pirelli: Talks over dispute with major shareholder ended without agreement

The Italian tyremaker Pirelli announced on Wednesday that the talks to repair relations with Sinochem, its largest shareholder in China, ended without any breakthrough. Pirelli, and its...

Africa
May 14, 2025

World hunger monitor faces 'large gap' after US aid cuts

FEWS NET, a global hunger monitor backed by the US, provided crucial data FEWS NET is now operating with reduced capacity Early warning alerts from FEWS NET...

Taiwan
May 14, 2025

Dollar softens as global shares rise amid tariff truce

Global shares and Wall Street rose on an ease in trade tensions, while the U.S. Dollar extended its losses after benign U.S. Inflation data kept Federal Reserve...

Ukraine
May 14, 2025

Ukraine Finance Minister: country strong despite "financial gaps"

Serhii Marchenko, Ukrainian Finance Minister, said that there is a financial gap in the budget of Ukraine for next year. However, he added that Ukraine was stronger...

United States
May 14, 2025

Senator says that the US Department of Health will reverse the federal layoffs for coal safety workers

Shelley Moore Capito, West Virginia Republican senator and former federal employee who screens coal miners for black lungs disease and conducts research on other respiratory diseases who...

South Asia
May 14, 2025

Gold prices drop to a new low after trade optimism increases

The gold price dropped by more than 2%, reaching a new low of over a month, as investors shifted away from bullion due to rising risk appetite....

United Kingdom
May 14, 2025

EU prepared to slow down in US trade negotiations in pursuit of a bigger deal

Scott Bessent, the U.S. Treasury secretary, said this week that Switzerland and Britain were in the lead for a deal with the United States. He warned the...

Pollution
May 14, 2025

EPA will roll back 'forever chemicals' rule and extend timelines

The EPA announced Wednesday that it will rescind a large part of the first national drinking water standard of the Biden Administration, which was designed to protect...

Germany
May 14, 2025

What are the risks and outlines of a potential Ukraine peace deal?

What are the possible contours of a peace agreement between Russia and Ukraine? SECURITY GUARANTEE Ukraine, which has been subjected to a full scale invasion in 2022,...

United States
May 14, 2025

MP Materials and Ma'aden will jointly develop rare Earths supply chain in Saudi

MP Materials, a U.S. rare-earths miner, announced on Wednesday that it had signed a Memorandum of Understanding with Saudi Arabia's Ma'aden mining company to jointly develop a...

United States
May 14, 2025

Snakes and ladders in a potential Ukrainian peace deal

What are the possible contours of a peace agreement between Russia and Ukraine? SECURITY GUARANTEE Ukraine, which has been subjected to a full scale invasion in 2022,...

France
May 14, 2025

FranceAgriMer increases its 2024/25 Wheat export forecast on the back of late-season demand

The farm office FranceAgriMer increased its outlook on French soft wheat exports for 2024/25 on Wednesday. However, an increase in demand at the end of the season...

Energy Markets
May 14, 2025

After price drop, OPEC expects a slower growth in oil supply from competitors by 2025

OPEC cut its forecast on Wednesday for the growth of oil supply this year from the United States, and other producers outside OPEC+. It also said that...

United States
May 14, 2025

The dollar is softening on the back of tariff truces and muted inflation.

The European stock market was steady on Wednesday, as the markets took a break after a strong rally fueled by easing global tensions. Meanwhile, the dollar continued...

Pollution
May 14, 2025

EU proposals to curb more green rules for farming subsidies

As part of its plans to reduce regulations and paperwork, the European Commission on Wednesday proposed a further easing of environmental conditions that are tied to EU's...

United States
May 14, 2025

The EU must reserve over 10 billion Euros for key minerals, according to the agency's head

The European Union must create funds worth more than 11 billion euros to encourage investment in exploration, mining, and recycling of key raw materials. This is what...

Germany
May 14, 2025

Uniper's executive believes that a gas price of 25 euros/Mwh would boost investment.

A senior executive from Germany's Uniper utility said that gas prices of around 25 euros ($28.13), compared with 34 euros at present, may be required to stimulate...

Africa
May 14, 2025

Congo may impose more cobalt curbs after four-month export ban

On Wednesday, the head of an agency of government said that when its current four-month ban on cobalt exports ends, it may be necessary to impose strict...

Poland
May 14, 2025

HitecVision acquires a 50% stake in TotalEnergies' Polish biogas company

TotalEnergies announced on Wednesday that it has signed an agreement with Norwegian investment company HitecVision to sell 50% of Polish producer Polska Grupa Biogazowa. The French energy...

Mining
May 14, 2025

Base metals are firmer on the back of a weaker dollar and easing US-China tensions.

The copper price rose on Wednesday, as investors gained confidence that a global economic recession can be avoided and the demand for metals dependent on growth will...

Environment
May 14, 2025

Spot prices fall on increasing renewable supply

The European spot electricity prices for Thursday dropped on Wednesday as the wind supply in Germany is expected to increase sharply while demand is set to decline....

Nigeria
May 14, 2025

IIR: Nigeria's Dangote Oil Refinery cancels maintenance for June at its gasoline unit

According to IIR, Nigeria's Dangote Oil refinery has cancelled maintenance for June at its 204,000 barrels of gasoline per day unit because it completed planned work during...

Qatar
May 14, 2025

Sources say that Indian billionaire Ambani will meet Trump and Qatar's emir at Doha

Mukesh ambani, the Indian billionaire, will meet with Donald Trump, President of the United States, and Qatar's emir in Doha, according to two sources. His company, Reliance...

United States
May 14, 2025

Gold drops as US-China truce on trade dims appeal of safe-haven assets

Gold prices dropped on Wednesday, as easing U.S. China trade tensions eased investor fears of a global recession. This increased risk appetite for investors and weakened the...

Africa
May 14, 2025

Residents of Libya's capital are trapped in the most intense fighting they have seen for years

Witnesses in Tripoli said that the most intense clashes since years continued through Wednesday morning after Monday's death of a key militia leader sparked fighting between rival...

Canada
May 14, 2025

Holcim shareholders approve spin-off of North American Business

Holcim's shareholders approved Wednesday the separation and spin-off of its North American business, a move designed to take advantage of increased construction spending in the United States....

France
May 14, 2025

Bouygues' construction and energy businesses deliver better than expected earnings

French construction-to-telecoms group Bouygues posted better-than-expected first-quarter core earnings on Wednesday, driven by strong performances of its energy arm Equans, construction and telecom units. In late 2022,...

Japan
May 14, 2025

The dollar continues to soften on the back of tariff truces and muted inflation.

The European stock market was little changed after a rally on easing trade tensions. Meanwhile, the dollar continued its losses from the previous day as the relatively...

Indonesia
May 14, 2025

Indonesia increases CPO export levy by 10% as of May 17,

A regulation signed Wednesday shows that Indonesia will increase its crude palm oil export levy from 7.5% to 10% starting May 17, in order to fund the...

Oman
May 14, 2025

Gulf stocks fall as excess oil worries weigh

On Wednesday, most Gulf stocks were down slightly as a drop in oil prices due to fears of increased supplies hurt sentiment. Investors also paused for thought...