Latest news

South Korea
Jun 27, 2024

World shares climb on Fed cut bets, China gains; yen deteriorates

International stocks ticked greater on restored bets that the Federal Reserve would likely ease interest rates this year, while the yen deteriorated after a. strong surge recently...

West Africa
Jun 27, 2024

Nigeria cuts back electrical power sales to overseas clients to enhance domestic supply

Nigeria's electricity regulator has bought the grid operator to cut back supplies to clients overseas to enhance domestic supply. In an instruction released last Friday, the Nigerian...

Wind Farms
Jun 27, 2024

Atlantic Shores Picks Substation Expansion Contractor for NJ’s First Offshore Wind Project

Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected contractor Riggs Distler & Company to lead the Cardiff substation expansion program for Atlantic...

Wind Farms
Jun 27, 2024

Edison Buys 50% Stake in Offshore Wind Project in Sicily

Edison has acquired a 50% stake in a special purpose company aimed at developing a 975 megawatt (MW) offshore floating wind project in Sicily, the utility said...

Asia / Pacific
Jun 27, 2024

Petrobras loads diesel from Dependence on unrefined tanker in India after delay

Brazilian energy major Petrobras has loaded diesel from India on board a Suezmax crude oil tanker after a monthlong delay, according to shiptracking information and trade sources,...

Saudi Arabia
Jun 27, 2024

Saudi Arabia's budget deficit at $3.3 billion in Q1

Saudi Arabia posted a spending plan deficit of 12.4 billion riyals ($ 3.30 billion) in the first quarter of 2024, the finance ministry stated on Sunday, in...

East European Countries
Jun 27, 2024

Russia's April oil and gas budget plan earnings down 6% from March

Proceeds from oil and gas sales for Russia's federal spending plan fell 6% in April from March to 1.23 trillion roubles ($ 13.47 billion), financing ministry data...

ASEAN Countries
Jun 27, 2024

Shipping firms react to Houthi attacks in Red Sea

Houthi militants in Yemen have actually stepped up attacks on vessels in the Red Sea, impacting a shipping route important to eastwest trade. Some shipping companies have...

Asia / Pacific
Jun 27, 2024

MORNING BID AMERICAS-Relief (mainly) everywhere

A take a look at the day ahead in U.S. and worldwide markets from Dhara Ranasinghe. The relief throughout world markets as indications of a softening in...

Asia / Pacific
Jun 27, 2024

EUROPE GAS-Dutch rates raise in thin trade amidst UK holiday

May 6 - Dutch wholesale gas costs posted small gains on Monday morning in the middle of soft market activity due to a nationwide vacation in Britain...

Europe
Jun 26, 2024

Lower renewables output lifts area costs

European area power prices acquired in Monday trading on declines in renewable production. German baseload power for Tuesday was at 95 euros ($ 102.32) per megawatt hour...

Energy Markets
Jun 26, 2024

Russian drone attack disrupts power supply to parts of Ukraine's Sumy area

A Russian drone attack cut power to more than 400,000 consumers in parts of Ukraine's northeast region of Sumy, authorities said on Monday, after Kyiv stated its...

Scandinavia
Jun 26, 2024

Tanzanian LNG project postponed as federal government seeks to alter terms

Negotiations for the advancement of Tanzania's $42 billion liquefied gas export plant have actually been postponed by proposed federal government modifications to a monetary contract reached last...

Asia / Pacific
Jun 26, 2024

Shanghai copper tracks LME lower after holiday break

Shanghai copper costs fell on Monday, tracking losses in London, in the middle of a firmer dollar and an absence of clear demand enhancement from the distressed...

ASEAN Countries
Jun 26, 2024

Tanzanian LNG job delayed as government seeks to alter terms, sources state

Settlements for the advancement of Tanzania's $42 billion melted gas export plant have been postponed by proposed government modifications to a financial agreement reached in 2015, 2...

Climate Change
Jun 26, 2024

Tough right desires more EU power to reflect likely election gains

From his workplace in a. remote annexe, French rightwing lawmaker JeanPaul Garraud has. his sights set on a spot much closer to the decisionmaking. heart of the...

Nordic States
Jun 26, 2024

Denmark's Tyra gas field faces delay, effects BlueNord assistance

Denmark's Tyra natural gas field will just reach peak production in the fourth quarter of this year rather of midyear due to technical concerns with a. power...

Asia / Pacific
Jun 26, 2024

Gold rises on Fed rate cut hopes, Middle East stress

Gold prices firmed on Monday, as expectations that the U.S. Federal Reserve would start cutting rates of interest later on in the year and tensions in the...

Indonesia
Jun 26, 2024

Indonesia's Q1 GDP development beats projections, however outlook's uncertain

Indonesia's financial development in the very first quarter beat expectations, buoyed by high public investing for the nation's elections, but maintaining the strong rate will be challenging...

Asia / Pacific
Jun 26, 2024

VEGOILS-Palm oil edges up tracking soyoil, but exports concerns linger

Malaysian palm oil futures rose partially on Monday, tracking gain in competing soyoil prices, while issues around crucial producer Malaysia's exports weighed. The benchmark palm oil agreement...

Fossil Fuels
Jun 26, 2024

French and Benelux stocks-Factors to view

Below are companyrelated news and stories from France and Benelux which could have an influence on the area's markets or individual stocks. FRANCE-CHINA: President Xi Jinping admired...

Pakistan
Jun 26, 2024

Pakistan's Engro Corp gets in-principle board approval for restructuring

The boards of Pakistan's largest corporation, Engro Corporation, and its largest shareholder have actually approved in concept a. restructuring strategy, the company stated on Monday. The South...

Singapore
Jun 26, 2024

Asia shares rally on China's gains, Fed cut bets; yen deteriorates

Asian stocks rose to their greatest in over a year on Monday on renewed bets that the Federal Reserve would most likely ease rates this year, while...

Asia / Pacific
Jun 26, 2024

China's Sinopec in talks for gas offtake, stake in Canada's Cedar LNG

China's Sinopec is in discussions with Pembina Pipeline Corp for a. melted natural gas (LNG) offtake contract and equity stake. in the Canadian business's proposed Cedar LNG...

Asia / Pacific
Jun 26, 2024

Shanghai copper falls on first trading session after holiday

Shanghai copper rates fell on Monday tracking losses in London, amid a firmer dollar and a lack of clear demand improvement from the distressed Chinese home market....

Nordic States
Jun 26, 2024

Worldwide health heavyweights collaborate for climate, disease financing

Three of the biggest international health funders have actually signed up with forces for the very first time in a $300. million collaboration focused on taking on...

Panama
Jun 26, 2024

Panama's Mulino wins presidency with support from convicted former leader

Panama's former security minister Jose Raul Mulino on Sunday stormed to triumph in a. presidential survey dominated by his old manager, the popular. exleader Ricardo Martinelli, who...

China
Jun 26, 2024

Iron ore gets on China property stimulus, post-holiday restocking

Iron ore futures prices increased on Monday, as investors belief was bolstered by Beijing's latest efforts to revive its having a hard time residential or commercial property...

Indonesia
Jun 26, 2024

VEGOILS-Palm oil edges as much as mirror strength in rivals

Malaysian palm oil futures rose on Monday, tracking competitors soyoil and petroleum greater. The benchmark palm oil contract for July shipment on the Bursa Malaysia Derivatives Exchange...

Asia / Pacific
Jun 26, 2024

Fuel need development to slow this year on EV development in China, U.S.

Global petrol need development might halve in 2024, squeezing secondhalf refinery margins, experts said, driven by a shift to electrical cars and trucks in China and the...

Australia / New Zealand
Jun 26, 2024

Asia shares rally on Fed cut bets; yen pares gains

Asian stocks increased on Monday on renewed bets that the Federal Reserve would likely alleviate rates this year, while the yen deteriorated after a strong rise recently...

United Kingdom
Jun 26, 2024

Oil nudges greater after Saudi Arabia hikes rates

Oil futures edged up on Monday after Saudi Arabia hiked June crude rates for many regions and as the prospect of a Gaza ceasefire deal appeared slim,...

Central Africa
Jun 26, 2024

Chad votes in first Sahel governmental survey since wave of coups

Chadians go to the polls on Monday three years after their military leader seized power, in the very first presidential election in Africa's Sahel region since a....

United States
Jun 26, 2024

OPEC+ most likely to extend production cuts in June: Kemp

Saudi Arabia and its allies in OPEC+ are most likely to keep oil production unchanged for a further three months when ministers examine output allotments on June...

Asia / Pacific
Jun 26, 2024

Gold dips as dollar edges higher, financiers look for more Fed cues

Gold rates eased in early Asian hours on Monday as the dollar ticked up, while traders awaited comments from a series of Federal Reserve officials for more...

Asia / Pacific
Jun 26, 2024

Financial Times - May 6

The following are the top stories in the Financial Times. has actually not validated these stories and does not vouch for their accuracy. Headlines - Heineken to...

Brazil
Jun 26, 2024

Death toll from southern Brazil rains rises to 78, many still missing

The death toll from heavy rains that have actually triggered flooding in Brazil's southern state of Rio Grande do Sul has actually risen to at least 78,...

China
Jun 26, 2024

RPT-EU probes on Chinese aids and imports

The European Union launched an examination into China's procurement of medical devices on Wednesday in a most current effort to safeguard homegrown makers. It has likewise released...

Nordic States
Jun 26, 2024

Big Oil discovers more to love in deepwater exploration fields

As Big Oil returns today to the market's annual showcase for offshore energy tasks and devices in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf...

Asia
Jun 26, 2024

Bangladesh reopens schools as searing temperatures drop

Schools in Bangladesh reopened on Sunday and classes were continuing over the weekend after a. searing heatwave a week ago that suspended lessons as the. nation baked...

North America
Jun 26, 2024

Wall St Week Ahead-US small caps battle as elevated rates of interest take a toll

The prospect of interest rates staying raised as the Federal Reserve fights inflation is additional clouding the outlook for shares of smaller sized U.S. business, which have...

North America
Jun 26, 2024

Buffett states Berkshire in excellent hands, admires Apple in spite of decreasing stake

Warren Buffett assured Berkshire Hathaway investors on Saturday that the executives expected to prosper him were ready for the task, and he heaped appreciation on Apple although...

South America
Jun 26, 2024

Heavy rains in southern Brazil eliminate nearly 60, over 70 still missing

Heavy rains in Brazil's. southernmost state of Rio Grande do Sul today eliminated at. least 55 individuals, regional authorities said on Saturday evening,. while lots remain unaccounted...

Asia / Pacific
Jun 26, 2024

Berkshire shareholders reject environment, variety, China proposals

Berkshire Hathaway Inc investors on Saturday overwhelmingly turned down six propositions addressing ecological and social policy issues at Warren Buffett's corporation, all of which the billionaire financier...

United States
Jun 26, 2024

QUOTES-Buffett talks succession and Berkshire's future at annual conference

Warren Buffett took the phase at Berkshire Hathaway's. annual meeting on Saturday, paying tribute to his. longtime company partner Charlie Munger, laying out the broadened. roles of...

North America
Jun 26, 2024

QUOTES-Buffett talks succession and Berkshire's future at yearly meeting

Warren Buffett took the phase at Berkshire Hathaway's. yearly meeting on Saturday, commemorating his. longtime service partner Charlie Munger, detailing the broadened. functions of the executives who...

United States
Jun 26, 2024

Berkshire exec calls wildfire claims versus utility 'unfounded'.

Berkshire Hathaway, the corporation led by Warren Buffett, will fight all claims brought against its energy organization due to wildfires as the cases are unfounded, a top...

Spain
Jun 26, 2024

Cava producer Freixenet reaches deal with unions over dry spell procedures

Spanish cava producer Freixenet said on Saturday it has actually reached a deal with unions over its proposal to present a shorttime work plan for almost 80%...

Africa
Jun 26, 2024

France examines TotalEnergies over 2021 Mozambique attack

French district attorneys opened an preliminary examination versus TotalEnergies after victims of a jihadist attack in Mozambique in 2021 implicated the energy firm of negligence and indirect...

United States
Jun 26, 2024

Berkshire pares substantial Apple stake as money, operating revenue set records

Berkshire Hathaway considerably decreased its massive stake in Apple in the very first quarter, as Warren Buffett's conglomerate let its money hoard swell to a record $189...