Latest news

United States
Jun 29, 2024

EXPLAINER-Why are meme stocks rallying once again?

GameStop and AMC Entertainment have once again captured retail financiers' attention, similar to the. meme stock frenzy that grasped Wall Street 3 years earlier,. following social media...

Asia / Pacific
Jun 29, 2024

United States, Canadian business begin 2024 with layoffs

Companies in the United States and Canada have started 2024 with countless task cuts throughout sectors, indicating that the spate of layoffs seen in 2023 might continue...

Asia / Pacific
Jun 29, 2024

India's April merchandise trade deficit broadens on lower exports

India's product trade deficit in April was wider than anticipated, harmed by lower exports and a surge in gold imports, federal government data revealed on Wednesday. India's...

Asia / Pacific
Jun 29, 2024

Rising hydropower to weigh on China's coal demand, market group says

A sharp increase in China's. hydropower generation from late April is most likely to continue,. causing lowerthanexpected demand for coal in power plants,. a coal market association...

Qatar
Jun 29, 2024

Qatar to sign more long-lasting LNG contracts this year, QatarEnergy CEO says

Qatar has not had trouble securing longterm liquefied gas (LNG) agreements and will sign more this year, QatarEnergy CEO and State Minister for Energy Saad alKaabi said...

Singapore
Jun 29, 2024

Two approved tankers with Russian fuel oil discharge in China, data programs

Two tankers on an Iranrelated sanctions list bring Russian fuel oil discharged in a Chinese port, LSEG information revealed. China has turned into one of the leading...

United Kingdom
Jun 29, 2024

Information centres and AI could add 200,000 tons to copper need by 2030, states Macquarie

Copper need connected to data centres and artificial intelligence (AI) could include around 200,000 metric tons each year by 2030, substantially less than some other market price...

Nordic States
Jun 29, 2024

Iceland to release spot power trading with help of Nord Pool exchange

Icelandic energy exchange Elma will comply with Norwaybased power bourse Nord Pool for the launch of the island nation's very first shortterm physical electricity trading market by...

Wind Farms
Jun 29, 2024

American Offshore Services Launches Its Second CTV

American Offshore Services (A-O-S) announced the launch of its second crew transfer vessel (CTV), Generater, designed to support the United States' growing offshore wind industry.Generater is a...

Nordic States
Jun 29, 2024

EU to call for mineral tasks, eyes joint purchases

The European Commission will launch calls within days for projects to improve EU supply of vital minerals and hopes soon to start joint EU purchases along the...

Energy Markets
Jun 29, 2024

Tour giant TUI expects bright summer season in spite of higher costs

Europe's biggest trip operator TUI projection strong summer season demand on Wednesday, in spite of higher rates, after reporting strongerthanforecast results in the normally less hectic winter...

Crude Oil
Jun 29, 2024

Stocks at record high ahead of inflation; meme mania heats up

Global shares rose while the dollar pulled away on Wednesday, after a hot reading of U.S. wholesale inflation set a nervous tone for trading ahead of the...

Qatar
Jun 29, 2024

TotalEnergies to stay in France, CEO states as it studies United States listing

TotalEnergies will continue to be listed in France, Chief Executive Patrick Pouyanne said on Wednesday, as the company thinks about a listing in the United States. On...

Europe
Jun 29, 2024

Area prices rise on lower sustainable output

European timely power prices for Thursday increased on Wednesday as solar power supplies were seen falling in Germany and wind power generation is anticipated to drop in...

Asia
Jun 29, 2024

India's weight in crucial MSCI equity index hits another high, to improve inflows

India's weight in MSCI's. International Standard index, which tracks emerging market stocks, has. increased to another record high, boosting potential customers of more inflows. into its equity...

Asia / Pacific
Jun 28, 2024

Iron ore slides as prospects of softening demand, Biden's brand-new China tariff weigh

Iron ore rates extended declines into a 2nd straight session on Wednesday, dragged down by expectations of seasonally falling demand in top consumer China and U.S. tariff...

Asia / Pacific
Jun 28, 2024

Germany's VCI sees chemicals sector 'bright areas' as lifts forecast

Germany's chemicals market association raised its annual output projection on Wednesday, highlighting 'intense spots' after a better than forecast start to 2024 due to greater need outside...

Asia / Pacific
Jun 28, 2024

London copper rallies as dollar slips, CME contract strikes record high

London copper touched a more than twoyear high on Wednesday, helped by weaker U.S. dollar and bullish demand outlook, while costs on the CME struck a record...

Asia / Pacific
Jun 28, 2024

Govt-backed Chinese refiner looks for oil import quota after restructuring, sources say

Jincheng Petrochemical, a. newly reorganized independent refiner controlled by the. Liaoning provincial federal government in northeastern China, is looking for. petroleum import quotas for its three plants,...

Asia / Pacific
Jun 28, 2024

Coal India, NMDC checking out lithium mines overseas, mines secretary says

Staterun miners Coal India and NMDC are checking out lithium mines in Chile and Australia, Secretary of Mines V.L. Kantha Rao said on Wednesday. The Indian mines...

Nordic States
Jun 28, 2024

Shares of Finland's Neste fall 14% on profit caution

Shares of Finland's Neste fell 14% on Wednesday after the refiner warned that its comparable sales margin for eco-friendly items will be weaker this year than formerly...

Mining
Jun 28, 2024

Gold rates flat as US inflation data takes centre-stage

Gold prices traded flat on Wednesday as investors looked forward to a vital U.S. inflation print that might offer ideas on the Federal Reserve's interest ratecut trajectory....

East Africa
Jun 28, 2024

Majority of Zimbabwean population will need food help, cabinet states

Majority of Zimbabwe's. population will need food help this year following a devastating. drought that caused extensive crop failure as humanitarian. organisations seek moneying to conserve many...

Europe
Jun 28, 2024

BHP's choices for Anglo American deal narrow as deadline looms

BHP Group's. alternatives for its pursuit of competing miner Anglo American. consist of sweetening its $42.7 billion buyout deal, making a. hostile bid or leaving for now...

Mining
Jun 28, 2024

New Zealand looking into Indian spice brands over contamination

New Zealand's food security regulator on Wednesday stated it is examining possible contamination in spice items of leading Indian brands MDH and Everest after they faced scrutiny...

Asia / Pacific
Jun 28, 2024

China calls for stepped-up energy-efficiency plans to fulfill targets

China's state organizer has purchased provinces to establish energyefficiency plans for entities representing about 70% of consumption and carbon emissions by 2025end, according to a notification, to...

Mineral Resources
Jun 28, 2024

U.S. alerted Raiffeisen access to dollar system could be curbed over Russia, source states

Raiffeisen Bank International was cautioned by the U.S. Treasury in writing that its access to the U.S. monetary system might be curbed due to the fact that...

Australia
Jun 28, 2024

Australian shares acquire on miners boost; US CPI on tap

Australian shares rebounded on Wednesday, backed by a rally in mining stocks while Federal Reserve Chair Jerome Powell's reassurance over U.S. manufacturer prices information kept ratecut hopes...

Asia / Pacific
Jun 28, 2024

Meme stock squeezes and brand-new tariffs shock United States solar sector: Maguire

A slew of U.S. solar stocks jumped to life today amidst a revival in retail financier purchasing socalled meme stocks and news that the Biden administration is...

Asia / Pacific
Jun 28, 2024

VEGOILS-Palm oil extends gains; market waits on information

Malaysian palm oil futures increased on Wednesday, as the commodity's cost was seen as competitive compared to competing oils, while the marketplace waited for export and production...

ASEAN Countries
Jun 28, 2024

Stocks increase, dollar alleviates ahead of US inflation report

Asian stocks rose on Wednesday while the dollar wandered lower as traders weighed combined U.S. manufacturer cost information and braced for the vital customer price report later...

Netherlands
Jun 28, 2024

French and Benelux stocks-Factors to view

Below are companyrelated news and stories from France and Benelux which could have an impact on the area's markets or individual stocks. Euronext: Euronext reported a Q1...

Ukraine
Jun 28, 2024

US imposes sanctions after aborted sale of Russian tycoon stake

The U.S. Treasury has sanctioned a web of Russian companies it said were utilized to camouflage ownership of a $1.6 billion commercial stake controlled by a Russian...

China
Jun 28, 2024

Iron ore slides as prospects of softening demand, Biden's new China tariff weigh

Iron ore costs extended declines into a second straight session on Wednesday, dragged down by expectations of seasonally falling demand in top customer China and U.S. tariff...

Asia / Pacific
Jun 28, 2024

Energy cost walkings in parts of China hand another blow to families

Utility cost hikes in more than 10 Chinese cities might quickly raise across the country inflation from ultralow levels, however could ultimately turn into a. deflationary force...

Asia / Pacific
Jun 28, 2024

Defying West, Russia's Putin set to satisfy Xi Jinping in Beijing

Russian President Vladimir Putin's Beijing see on Thursday is most likely to be light on hard deals however will mark the start of his new governmental term...

Asia / Pacific
Jun 28, 2024

New York Times business news - May 15

The following are the top stories on the New york city Times business pages. has actually not verified these stories and does not guarantee their precision. -...

Benelux
Jun 28, 2024

British Service - May 15

Following are the top stories on the company pages of British newspapers. has actually not validated these stories and does not vouch for their accuracy. The Times...

Asia / Pacific
Jun 28, 2024

India's weight in crucial MSCI equity index hits another high, to improve inflows

India's weight in MSCI's. Global Basic index, which tracks emerging market stocks, has. risen to another record high, enhancing potential customers of more inflows. into its equity...

Peru
Jun 28, 2024

Peru state oil business Petroperu will not be privatized, says President Boluarte's spokesman

Peru's stateowned oil business Petroperu will not be privatized, the spokesman for the country's president said on Tuesday, a day after the business's. current leadership pitched private...

Australia
Jun 28, 2024

Australian mining union looks for conference with Anglo American over task security

Australia's mining and energy union said on Wednesday it will seek immediate conferences with Anglo American to go over employees' job security after the Londonlisted miner revealed...

South America
Jun 28, 2024

Petrobras withstands order to examine Native effect of Amazon drilling

Brazil's staterun oil firm Petrobras is withstanding regulatory needs needing it to assess the effect on Indigenous groups of drilling in an overseas basin near the mouth...

Asia / Pacific
Jun 28, 2024

China's BYD postpones plans for 2025 Chile lithium cathode plant

Chinese carmaker BYD Co. has delayed plans to produce lithium cathodes for. electrical vehicle (EV) batteries in Chile by 2025, the company's. Americas head told on Tuesday....

North America
Jun 28, 2024

GameStop shares skyrocket once again as 'Roaring Cat' restores meme stock mania

Retail investor beloveds GameStop and AMC soared on Tuesday, as posts from Roaring Kitty Keith Gill raised chatter about the return of the main figure behind the...

East European Countries
Jun 28, 2024

Federal regulators sign off Venture Global's repair work at Louisiana plant

U.S. federal regulators said on Tuesday they are pleased that Endeavor Global LNG is trying to remedy faults at the heat healing steam generator (HRSG) at its...

Canada
Jun 28, 2024

Toronto market dips for third day as oil prices fall

Canada's primary stock index ended lower for a 3rd straight day on Tuesday as a drop in oil costs weighed on energy shares and financiers waited for...

South America
Jun 28, 2024

Petrobras profits miss stirs criticism of pricing policy

Weakerthanexpected revenues at Brazil's staterun oil firm Petrobras drew criticism on Tuesday from market groups of a pricing policy that has kept fuel costs in Brazil more...

Asia / Pacific
Jun 28, 2024

Biden's brand-new China tariff wall faces leakage through Mexico, Vietnam

The Biden administration's new tariffs on Chinese electric cars and other tactical sectors aim to secure the future of U.S. production, however they will likely speed up...

North America
Jun 28, 2024

United States appeals court maintains biofuel blending requireds for 2020-2022

A U.S. appeals court on Tuesday maintained a rule from President Joe Biden's administration that set the amount of biofuels that oil refiners were needed to blend...

United States
Jun 28, 2024

QUOTES-Biden walkings US tariffs on Chinese imports

U.S. President Joe Biden on Tuesday unveiled steep tariff boosts on a range of Chinese imports, including electrical automobile (EV) batteries, computer chips and medical items. Following...