Latest news

Africa
Jul 3, 2024

South Africa's Tsogo Sun posts profit fall as diesel expenses bite

South African gaming, hotels and home entertainment group Tsogo Sun on Thursday published a 6% fall in fullyear adjusted heading earnings, with margins eroded by the expense...

Asia
Jul 3, 2024

UAE economy grew 4.3% in 4th quarter of 2023

The United Arab Emirates' ( UAE) economy grew 4.3% yearonyear in the fourth quarter of 2023, preliminary federal government data showed, with nonoil economic development greatly exceeding...

Asia / Pacific
Jul 3, 2024

Copper weighed down by weak need, strong dollar

Copper costs fell on Thursday, dragged down by weak demand in top consumer China and a strong U.S. dollar following hawkish Federal Reserve minutes. Three-month copper on...

Middle East
Jul 3, 2024

Japan energy cautions of changing financial investment from Australia unless it gets govt assistance

Japan's leading power generator JERA cautioned on Thursday it might think about fuel purchases and financial investments in Asia, the Middle East and the United States if...

Asia / Pacific
Jul 3, 2024

Financials increase India's Nifty 50 to a record high

India's benchmark Nifty 50 index struck a record high on Thursday, as the central bank's significant dividend to the federal government increased financials in the middle of...

United Kingdom
Jul 3, 2024

UK releases consultations on broadening emissions trading plan

The UK Emissions Trading Plan (ETS) Authority said on Thursday it has actually launched two consultations on expanding the scheme to consist of waste sectors and how...

Oil & Gas Equipment
Jul 3, 2024

ADNOC raises $935 mln from 5.5% extra stake sale in drilling unit

Abu Dhabi National Oil Company ( ADNOC) raised $935 million from an extra 5.5% sale of shares in its drilling system to institutional investors, it stated in...

Europe
Jul 3, 2024

Europe's battered Green motion attempts to salvage environment program

Millions of youths took to the streets across Europe in 2019 demanding action to fight climate change, helping Green parties secure their finest ever EU election results...

Western Europe
Jul 3, 2024

South32 CEO Kerr states open up to buying joint Anglo American manganese possessions

Australian varied miner South32 is open to purchasing Anglo American's's. share of two manganese operations the companies jointly own,. should they come for sale at the right...

Energy Markets
Jul 3, 2024

Asia stocks ease as central banks play game of persistence

Several Asian share criteria fell on Thursday as markets digested the ramifications of policymakers in significant economies choosing to take a client technique to financial easing amid...

Australia / New Zealand
Jul 3, 2024

Wall Street Journal - May 23

Following are the top stories in the Wall Street Journal. has not confirmed these stories and does not guarantee their precision. - Sam Altman-led OpenAI has signed...

Asia / Pacific
Jul 3, 2024

Facilities company I Squared to invest $5 bln in Asia over next 3 years, executive says

Global facilities financier I Squared Capital is seeking to invest $5 billion in the Asia Pacific from 2025 to 2027 as it seeks to take advantage of...

South-East Asia
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 enhanced demand as the tropical oil began trading at a...

North America
Jul 3, 2024

Australian trial of gene-edited wheat go for 10% bigger yields

The foundation for a significant trial of geneedited wheat has actually started in Australia, where a state business is growing numerous ranges it says might be up...

Southern Africa
Jul 3, 2024

BHP will not relent on structure, value of $49 bln Anglo offer, say sources

BHP will persevere on the structure and value of its newest takeover proposal for Anglo American, focusing rather on easing its target's issues around execution risks over...

Asia
Jul 3, 2024

In India's heat, Delhi labourers work in 'red hot' conditions

Working on a highway job in one of India's most popular locations this summer season, Banwari Singh manages iron bars that he states typically turn red hot....

United Kingdom
Jul 3, 2024

British Service - May 23

The following are the leading stories on the business pages of British papers. has not validated these stories and does not attest their accuracy. The Times -...

Asia / Pacific
Jul 3, 2024

Iron ore edges lower on risk-off hunger; coking coal at two-week high

Prices of iron ore futures drifted lower on Thursday as a stronger U.S. currency sustained a. broad riskoff cravings, while coking coal and coke extended. gains on...

Asia
Jul 3, 2024

VEGOILS-Palm increases on weaker Malaysian ringgit, need hopes

Malaysian palm oil futures opened higher on Thursday due to weakness in the Malaysian ringgit and expectations of better need as the tropical oil began trading at...

Asia
Jul 3, 2024

Half of world's mangroves under hazard, states preservation group

Half of the world's. mangrove communities are at danger of collapse as an outcome of human. activity, increasing sea levels and severe weather condition, according to. the...

Mexico
Jul 3, 2024

Reeling from one heat wave, Mexico awaits 'greatest temperatures ever recorded'

Mexico, reeling from a. heat wave that has actually currently broken records, triggered power interruptions. and eliminated individuals and animals, might see unprecedented. temperature levels over the...

United States
Jul 3, 2024

4 validated dead in Iowa tornado as more storms threaten Southern Plains

4 individuals were killed and a minimum of 35 were hurt, Iowa authorities stated Wednesday, after a tornado slashed through the farming town of Greenfield the day...

Asia
Jul 3, 2024

Indian shares set for a muted start on fading hopes of early United States rate cut

Indian shares are set for a soft open on Thursday, after the Federal Reserve's most current policy minutes showed frustration in current inflation information, dampening hopes of...

Wind Farms
Jul 3, 2024

ERM and Dolphyn Hydrogen Start Offshore Hydrogen Production Trials

Specialist sustainability consultancy ERM has launched offshore trials to test key elements of its innovative Dolphyn Hydrogen process.Following six years of development, the trials are being conducted...

Oil & Gas
Jul 3, 2024

Petronas Hires ABL for Rig Inspection Services in Indonesia

Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore...

United States
Jul 3, 2024

Asia stocks damage on the client approach to rate cuts

Numerous crucial Asian share benchmarks fell on Thursday as markets absorbed the ramifications of policymakers in significant economies preferring to take patient method to financial easing in...

Western Europe
Jul 3, 2024

Copper slips on hawkish Fed minutes, weak demand

Copper rates fell on Thursday, dragged down by a stronger U.S. dollar after hawkish minutes of the Federal Reserve's conference and deteriorating demand in leading customer China....

Asia / Pacific
Jul 3, 2024

Gold retreats from near record-high levels as rate-cut bets ease

Gold prices were listless on Thursday after a recent rally slowed to dip more than 1% in the previous session, as traders started drawing back their expectations...

Europe
Jul 3, 2024

Australian shares drop after hawkish Fed minutes; BHP falls on rejection

Australian shares tracked Wall Street peers to trade lower on Thursday as financiers evaluated minutes from the U.S. central bank's policy conference, while worldwide miner BHP lost...

Colombia
Jul 3, 2024

Moody's downgrades Colombia's Ecopetrol to scrap status

Rating firm Moody's on Wednesday devalued Colombian majority stateowned energy business Ecopetrol into junk territory, mentioning increased insolvency, a boost in dividends and an ambitious investment plan...

United States
Jul 3, 2024

Youth climate-change claim targets Alaska LNG job

8 young Alaska homeowners took legal action against the state on Wednesday seeking to block a major natural gas job, the latest in a. string of climate-change...

Europe
Jul 2, 2024

BHP shares fall after Anglo American turns down 3rd proposal, extends bid due date

Shares of Australia's BHP Group tipped over 3% on Thursday, a day after smaller rival Anglo American declined its 3rd takeover proposition and agreed to a oneweek...

United Kingdom
Jul 2, 2024

Oil costs fall on concerns of higher US rate of interest

Oil prices eased for a 4th straight day on Thursday on concerns that U.S. loaning expenses could be hiked once again if inflation rose, a move that...

Australia
Jul 2, 2024

Australia agrees to finance losses to extend life of largest coal power plant

Australia's Origin Energy and the government of the state of New South Wales (NSW) have consented to delay the closure of Eraring coal fired power plant, the...

Asia / Pacific
Jul 2, 2024

Copper squeezed in the United States however China has plenty: Andy Home

The London Metal Exchange ( LME) copper rate hit a record nominal high of $11,104.50 per metric load on Monday. The London market is playing catch-up with...

Brazil
Jul 2, 2024

Brazil's government expects complete Petrobras additional dividends in 2024

Brazil's federal government expects Petrobras will pay out all of its amazing dividends, according to an income projection for this year, even though the state oil business...

Energy Markets
Jul 2, 2024

Blinken says US-Saudi pacts might be 'weeks away' from conclusion

U.S. Secretary of State Antony Blinken on Wednesday said the United States and Saudi Arabia were really near to concluding a set of arrangements on nuclear energy,...

United Kingdom
Jul 2, 2024

United States stocks shut down, oil tumbles after Fed minutes; Nvidia reports

Wall Street ended lower and oil prices fell on Wednesday as investors parsed minutes from the U.S. Federal Reserve's latest policy conference. Nvidia Corp's shares rose over...

North America
Jul 2, 2024

Exxon case versus activist investor can continue, US judge guidelines

A U.S. judge on Wednesday enabled a. lawsuit submitted by Exxon Mobil against 2 activist groups. seeking to disallow their environment resolution to go on against one....

United Kingdom
Jul 2, 2024

United States legislators advise Justice Department to probe climate deception by Big Oil

U.S. legislators behind a congressional probe of major oil business on Wednesday contacted the Justice Department to investigate whether the industry deceived the public about nonrenewable fuel...

Mining
Jul 2, 2024

First Quantum seeks to speed up Peru jobs after Panama debacle

Canadian miner First Quantum Minerals, which lost the right to run its copper mine in Panama last year following protests by ecological groups and a court judgment...

Asia / Pacific
Jul 2, 2024

US says tariff boosts on Chinese EVs, batteries and chips to start Aug. 1

Some of the high U.S. tariff increases on a selection of Chinese imports, including electric automobiles and their batteries, computer chips and medical products, will work on...

United States
Jul 2, 2024

Target concerns weak projection as consumers draw back; shares topple

U.S. merchant Target on Wednesday reported quarterly incomes that missed out on Wall Street price quotes and its projection for the current quarter also disappointed financiers, who...

Poland
Jul 2, 2024

Orlen Q1 earnings falls 70% on windfall tax, weaker refining

Orlen's. firstquarter net earnings plunged 70% to 2.77 billion zlotys. ($ 704.82 million) due to the impact of a windfall tax and a. weaker refining performance, Poland's...

Singapore
Jul 2, 2024

Offers of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday: ** A consortium consisting of CVC Advisers and the Abu Dhabi Investment Authority...

United States
Jul 2, 2024

Oil slips for a 3rd straight day on possibility of United States rates remaining high

Oil rates fell more than 1% on Wednesday, pulling away for a. third straight day, as Fed officials revived fret about oil. need when they indicated interest...

United States
Jul 2, 2024

Youth climate-change claim targets Alaska LNG project

8 young Alaska homeowners sued the state on Wednesday seeking to block a major gas job, the current in a string of climatechange associated lawsuits by youths...

Environment
Jul 2, 2024

Coffee traders accelerate shipments before EU deforestation law, says ICO

Coffee importers have increased the rate of shipments recently, looking for to avoid problems after December when the European Union's Guideline on Deforestation Free Products (EUDR) participates...

United States
Jul 2, 2024

Gold prices dip after record highs on profit taking, rate cut bets cool

Gold rates dipped over 1% on Wednesday as the gold rally cooled with investors scheduling revenues, as traders drew back from bets on Federal Reserve's. rate cuts...

Energy Markets
Jul 2, 2024

United States stocks drop, oil topples after Fed minutes; Nvidia results considered

Wall Street turned lower and oil rates fell on Wednesday as investors parsed the minutes from the U.S. Federal Reserve's newest policy conference, and expected Nvidia Corp's...