Latest news

Nordic States
Jul 3, 2024

Orsted receives $650 mln tax equity financing from J.P. Morgan

Danish company Orsted has protected an investment of $680 million in tax equity funding from J.P. Morgan for a portfolio of solar and storage assets in Texas...

Thailand
Jul 3, 2024

'Boiling not warming': Marine life suffers as Thai sea temperature levels struck record

Marine life from reef to fish along Thailand's eastern gulf coast is suffering as sea surface area temperatures hit record highs this month amidst a regional heatwave,...

East European Countries
Jul 3, 2024

Italy's Enel pushes back photovoltaic panel output goal, file shows

Enel plans to increase the production of photovoltaic panels at its factory in Sicily to 3 gigawatt (GW) capability by the end of 2025, behind previously anticipated,...

Asia / Pacific
Jul 3, 2024

Copper dips for 3rd straight day on profit-taking, weak need

Copper prices succumbed to a 3rd successive session as profittaking continued on Thursday and consumers refused to purchase nearrecord levels. Criteria copper on the London Metal Exchange...

North America
Jul 3, 2024

US forecasters see a great deal of significant cyclones in 2024

U.S. federal government forecasters stated on Thursday up to seven significant hurricanes might form in an extraordinary 2024 Atlantic hurricane season starting June 1. In a May...

East Africa
Jul 3, 2024

Kenya's Ruto requires more agile banks to deal with crises

Kenya's President William Ruto said on Thursday it was important to make the worldwide monetary system more nimble in order to help countries handle crises, and invited...

Asia / Pacific
Jul 3, 2024

Chinese carmaker NIO opens Amsterdam display room despite EU tariff danger

Chinese electric carmaker NIO strategies to continue its European growth in spite of unpredictability over whether the European Union will impose tariffs on Chinese EVs, the business's...

Asia / Pacific
Jul 3, 2024

Wall Street blended as Nvidia increases Nasdaq, investors mull rate outlook

Wall Street was uneven on Thursday as Nvidia Corp's quarterly outcomes triggered a rally in tech stocks, while investors continued to parse blended economic data and cautious...

Australia
Jul 3, 2024

Japan's JERA warns it might switch investment from Australia unless it gets govt support

Japan power generator JERA alerted on Thursday it might think about liquefied gas purchases and financial investments in Asia, the Middle East and the United States if...

France
Jul 3, 2024

As much as 50 companies look for United States oil licenses in Venezuela, authorities states

The U.S. has actually gotten up to 50 requests for specific licenses from business intending to do business in Venezuela's oil market, following the expiration of a...

Electric Utilities
Jul 3, 2024

US, Kenya reveal slew of financial investments and intend on debt relief

U.S. President Joe Biden and Kenyan President William Ruto on Thursday announced investments in green energy, education and health manufacturing in the East African country and a...

Europe
Jul 3, 2024

Zaporizhzhia nuclear plant's primary power line down for hours, no safety danger

Russia said the main power line providing the Russiancontrolled Zaporizhzhia nuclear power plant (ZNPP) in Ukraine was down for more than three hours on Thursday, though there...

Asia / Pacific
Jul 3, 2024

European automakers require time, not tariffs, to ward off China competition

Europe's automobile giants won't. have much time to reorganize their operations and product lines. to compete with ascendant Chinese car manufacturers, and stiffer. tariffs will do little...

Asia / Pacific
Jul 3, 2024

Gold falls to one-week low on hawkish Fed minutes

Gold costs declined to a. oneweek low on Thursday, extending their fall for a third. consecutive session on profittaking after minutes from the U.S. Federal Reserve's newest...

Indonesia
Jul 3, 2024

LME authorizes listing of first Indonesian nickel brand name

The London Metal Exchange ( LME) has actually approved the listing of the very first Indonesian brand name which can be delivered against the exchange's main nickel...

East European Countries
Jul 3, 2024

Climate modification stimulates early flowers in Bulgaria's historic rose industry

Bulgarian farmers were busy harvesting rose petals for their renowned oil today, about a month previously than the historical standard due to environment change that has actually...

United States
Jul 3, 2024

Russia states main power line to Zaporizhzhia nuclear plant goes down, no security dangers

Russia stated on Thursday that the primary power line supplying the Russiancontrolled Zaporizhzhia nuclear power plant (ZNPP) in Ukraine had gone down, however that there was no...

United States
Jul 3, 2024

Texas power need to break May record in heat wave on Friday

Power use in Texas was on track to break the record for the month of May for a second time this week on Friday and might top...

Australia
Jul 3, 2024

Australian gas industry looks for policy repairs to increase financial investment

Australia's natural gas industry executives are looking for more steps to bring back an investment environment they say has been damaged by a series of state interventions...

Asia / Pacific
Jul 3, 2024

Reliance, Disney seek India antitrust nod with cricket rights guarantee, sources say

Dependence Industries and Walt Disney have looked for antitrust clearance for their $8.5. billion India media merger by arguing their combined power,. especially on cricket broadcasting, will...

Environment
Jul 3, 2024

9 eliminated in Mexico phase collapse at campaign occasion

A. stage collapsed at a Mexican election project rally on. Wednesday night, killing 9 people and hurting dozens as high. winds tore apart the large, concertstyle structure,...

Romania
Jul 3, 2024

Austria's significance as gateway to Europe for Russian gas

Austrian oil and gas market leader OMV said on Wednesday that gas materials from Russia's. Gazprom could be suspended in connection with a. foreign court ruling, without...

East European Countries
Jul 3, 2024

Kosovo lawmakers back deal to rent jail area to Denmark

Kosovo's parliament on Thursday approved an offer to lease 300 prison cells to Denmark to assist the Scandinavian country deal with overcrowded prisons. The cells, which will...

Mexico
Jul 3, 2024

Reeling from one heat wave, Mexico waits for 'greatest temperatures ever tape-recorded'

Mexico, reeling from a. heat wave that has actually currently exceeded, caused power outages. and eliminated individuals and animals, might see unmatched. temperatures over the next 2...

Saudi Arabia
Jul 3, 2024

Malaysia's state fund 1MDB takes legal action against PetroSaudi executive, seeking $1.83 bln

Malaysia's scandalhit state fund 1Malaysia Development Berhad (1MDB) has submitted a. lawsuit versus a top PetroSaudi International executive looking for. the return of $1.83 billion purchased a...

Asia
Jul 3, 2024

7 dead in south India after much heavier than typical pre-monsoon rains

A minimum of 7 individuals have passed away in India's southern state of Kerala after much heavier than typical premonsoon rains, authorities stated, even as much of...

Asia / Pacific
Jul 3, 2024

Russia discovers it challenging to keep the lid on oil output, experts, sources state

Russia, in an unusual admission of oil overproduction, said overnight that it exceeded its OPEC+. production quota in April for technical reasons, a surprise. relocation that experts...

Caribbean
Jul 3, 2024

Twister in Haiti leaves more than 300 families homeless

A twister in northwest Haiti has injured a minimum of 50 people, ruined 200 homes and left more than 300 families homeless, according to the United Nations....

United States
Jul 3, 2024

Canadian Solar system protects approximately $1.4 bln funding for European renewable resource business

Persistent Energy, an unit of solar technology company Canadian Solar, stated on Thursday it has secured multicurrency revolving credit facility of approximately 1.3 billion euros ($ 1.41...

Asia / Pacific
Jul 3, 2024

NORDIC POWER-Forward costs rates slip on wetter weather view

Nordic forward power rates slipped on Thursday due to projections for greater rainfall in the hydropowerdependent area. * The Nordic front-quarter contract decreased by 2.8 euros to...

Crude Oil
Jul 3, 2024

Stocks hitch a ride higher with Nvidia; financiers mull rate outlook

International shares edged up on Thursday after results from AI posterchild Nvidia fired up a rally throughout tech stocks, although the prospect that interest rates might remain...

Venezuela
Jul 3, 2024

Orlen doing all it can to recover money paid for oil it didn't get

Poland's biggest refiner Orlen is taking every possible step to recuperate money paid by its Swiss trading unit in prepayments for oil that was not provided, however...

United Kingdom
Jul 3, 2024

National Grid to raise $9 bln in most significant UK rights issue considering that 2009

Britain's National Grid strategies to raise about 7 billion pounds ($ 8.9 billion) in the biggest UK rights concern considering that 2009 as it gets ready to...

Germany
Jul 3, 2024

EU in talks with Germany after criticising gas tariff

The European Commission is continuing talks with Germany over a gas tariff Brussels and other countries have actually said undermines Europe's energy market, the Commission said on...

Environment
Jul 3, 2024

VEGOILS-Palm increases on weaker Malaysian ringgit, need hopes

Malaysian palm oil futures rose on Thursday due to weakness in the Malaysian ringgit and expectations of improved demand as the tropical oil began trading at a...

Asia / Pacific
Jul 3, 2024

Capricorn, Pharos to resume oil drilling in Egypt after some fees paid

Oil manufacturers Capricorn Energy and Pharos Energy stated on Thursday their money positions have enhanced after they got payments from the Egyptian federal government, enabling them to...

Asia / Pacific
Jul 3, 2024

European car manufacturers require time, not tariffs, to ward off China competition

Europe's car giants will not. have much time to reorganize their operations and line of product. to take on ascendant Chinese automakers, and stiffer. tariffs will do...

Western Europe
Jul 3, 2024

EUROPE GAS-Prices increase on supply issues, wind forecasts

LONDON, May 23 - British and Dutch wholesale gas prices rose on Thursday early morning due to concerns around supply and a. drop in wind power output...

Asia / Pacific
Jul 3, 2024

China push on business dividends ought to attract financial investment, regulator says

Government policies to motivate companies to pay more dividends should make China's. stock exchange more appealing for abroad financiers, a senior. Chinese regulator said on Thursday. Fang...

Nordic States
Jul 3, 2024

Kia brushes off slowing EV need to launch compact electrical SUV

Kia Corp introduced on Thursday the business's first compact electrical sports utility vehicle developed on its devoted EV platform, betting it can win over purchasers through competitive...

Switzerland
Jul 3, 2024

How can Milei unlock Argentina's copper riches? Fix the economy

Argentina has big aspirations for the untapped copper riches in its Andean north. It wishes to be a top 10 global manufacturer and has actually attracted investors...

Africa
Jul 3, 2024

Belgium takes action better to prohibiting export of poisonous motor fuels

The Belgian government strategies to release a royal decree that tightens the quality of motor fuel exports within days, with the new guidelines expected to take effect...

United Kingdom
Jul 3, 2024

UK's Johnson Matthey misses out on full-year revenue estimates on lower rare-earth element rates

Johnson Matthey (JM) missed market expectations for fullyear income and pretax earnings on Thursday, hurt by lower prices for platinum group metals, although the company anticipates that...

Environment
Jul 3, 2024

ANALYSIS-China's food security dream deals with land, soil and water issues

China, the world's biggest agriculture importer, has set targets to drastically decrease its reliance on abroad purchasing over the coming years in line with its push for...

France
Jul 3, 2024

Spot prices up on lower wind supply, curve stronger

European prompt power costs increased on Thursday on forecasts for falling wind supply which overrode the results of weakening demand ahead of the weekend. LSEG analysts kept...

Crude Oil
Jul 3, 2024

Stocks catch a ride greater with Nvidia; investors mindful over rates

Global shares edged up on Thursday after arise from AI posterchild Nvidia ignited a rally across tech stocks, although the prospect that rate of interest might stay...

United Arab Emirates
Jul 3, 2024

Tecnicas Reunidas shares skyrocket after launching bullish forecast

Spanish petrochemical and gas infrastructure designer and builder Tecnicas Reunidas set targets for 2026 and 2028 that went beyond market expectations on Thursday thanks to increasing need...

Mining
Jul 3, 2024

Russia's Nornickel board proposes no dividend for 2023 outcomes

The board of Russian metals and mining huge Nornickel advised no dividend on its 2023 outcomes, a year when the company dealt with considerable pressure from sanctions...

Canada
Jul 3, 2024

FIXED (AUTHORITIES)- Eurazeo eyes 750 mln euros for brand-new planetary borders fund

French private equity financier Eurazeo plans to raise a minimum of 750 million euros ($ 813.08 million) for an impactfocused buyout fund targeting companies helping the world...

North America
Jul 3, 2024

Gold extends declines on hawkish Fed minutes

Gold costs fell for a third straight session on Thursday after minutes from the most current Federal Reserve meeting indicated that some authorities were inclined to raise...