Latest news

Australia / New Zealand
Jun 18, 2024

Offers of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** U.S. gene sequencing company Illumina's plan to divest cancer diagnostic test maker...

Environment
Jun 18, 2024

Johnson Controls system to pay $750 mln to settle 'permanently chemicals' claim

Johnson Controls said on Friday its subsidiary had accepted a $750 million settlement with some U.S. public water companies that had spotted forever chemicals presumably associated with...

North America
Jun 18, 2024

World Bank chief presses internal reforms at spring conferences

World Bank President Ajay Banga stated on Friday he plans to highlight a variety of procedure improvements next week to accelerate the advancement lending institution's loan approvals,...

Europe
Jun 18, 2024

ECB to talk about new method and green policy at Irish retreat

European Central Bank policymakers will discuss green monetary policy and their upcoming technique evaluation at a retreat in Ireland next month, where they will also pave the...

Asia / Pacific
Jun 18, 2024

NORDIC POWER-- Forward rates eye weekly gains on higher European gas, drier weather view

Nordic forward power costs increased on Friday, with both agreements on track for weekly gains, helped by greater European energy costs and projections for lower precipitation in...

Asia / Pacific
Jun 18, 2024

Checking out Chinese trade official warns EU on greentech probe

China's leading trade official cautioned Brussels versus protectionism on Friday, stating Beijing was puzzled by EU probes into green tech exports and the bloc's issues they threaten...

India
Jun 18, 2024

Safe-haven need fuels gold's record rally

Safe-haven gold prices hit an all-time high on Friday on track for a 4th straight weekly gain as geopolitical risks in the Middle East and financial concerns...

United States
Jun 18, 2024

ExxonMobil States Whiptail Project In Guyana Receives Govt Approvals

Exxon Mobil Corp: * EXXONMOBIL GUYANA MOVES ON WITH 6TH OFFSHORE ADVANCEMENT * EXXONMOBIL - $12.7 BILLION OF ADDITIONAL FINANCIAL INVESTMENT IN GUYANA'S GROWING ECONOMY * EXXONMOBIL...

Asia / Pacific
Jun 18, 2024

Asia Gold-China premiums rise; skyrocketing costs dull activity in India

China's physical gold premiums increased this week, driven by strong need to fortify a diminishing yuan, while record high prices in India forced dealerships to use discount...

East European Countries
Jun 18, 2024

Europe's main energy stocks index hits highest given that 2008

The primary European energy stocks index hit its greatest level considering that 2008 as higher oil prices, geopolitical threats, and global financial uncertainty attracted investors on Friday....

South-East Asia
Jun 18, 2024

VEGOILS-Palm falls on soyoil weakness, demand issues

Malaysian palm oil futures fell almost 1% on Friday, tracking weakness in Chicago soyoil prices due to sufficient products, and amidst concerns over need because of its...

China
Jun 18, 2024

China's March rare earth exports rise nearly 6% on growing buying

China's rare earths exports in March climbed up 5.93% from a year previously, customizeds data revealed on Friday, enhanced by growing abroad bookings after Chinese manufacturers returned...

Europe
Jun 18, 2024

Monday costs untraded as wind anticipated to increase

European electrical energy costs for Monday were untraded early on Friday as wind power supply was expected to rise throughout the area while need was seen falling....

Australia / New Zealand
Jun 18, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Japan's Mitsubishi UFJ Financial Group (MUFG) is buying a 20% stake in...

Asia / Pacific
Jun 18, 2024

Unknown trust links India's leading services with Modi's election war chest

Behind the doors of a. little, nondescript workplace in the heart of New Delhi lies the. head office of an electoral trust run by simply two guys...

Asia / Pacific
Jun 18, 2024

Immediate VIEW-China's March imports of copper and iron ore rise y/y

China's imports of copper and iron ore rose in March from a year earlier, while those of petroleum and soybeans fell, information from the General Administration of...

Australia
Jun 18, 2024

EUROPE GAS-Prices increase on Ukraine attacks, Freeport LNG

LONDON, April 12 - Dutch and British wholesale gas costs increased on Friday morning due to attacks on Ukrainian energy assets, a drop in feedgas to Freeport...

Vietnam
Jun 18, 2024

Vietnam to increase gold bar products to stablise market

Vietnam's central bank stated on Friday it will increase gold bar supplies to stablise the market as domestic prices have actually been much higher than global rates....

Asia / Pacific
Jun 18, 2024

Shanghai aluminium hits two-year high, set for 7th weekly gain

Shanghai aluminium rose on Friday to its highest in nearly 2 years, as funds pumped cash into commodities including metals to hedge against rising inflation. The most-traded...

North America
Jun 18, 2024

Australian prosecutors drop billionaire Forrest's case versus Meta

Australian prosecutors have terminated mining tycoon Andrew Forrest's criminal prosecution of Meta over what he said were countless rip-off cryptocurrency advertisements on Facebook that feature his face....

Asia / Pacific
Jun 18, 2024

Japan Q2 aluminium premiums set at $145-$ 148/T, up 61% -64% q/q, sources say

The premiums for aluminium deliveries to Japanese buyers for April to June were set at $145. to $148 per metric load, up 61% to 64% from the...

Asia / Pacific
Jun 18, 2024

Australian prosecutors drop billionaire Forrest's case versus Meta

Australian prosecutors have ceased mining tycoon Andrew Forrest's criminal prosecution of Meta over what he stated were thousands of rip-off cryptocurrency advertisements on Facebook that feature his...

Asia / Pacific
Jun 18, 2024

China state coordinator settles rule to set up coal production reserve system

China's state planner on Friday settled a guideline to set up a domestic coal production reserve system by 2027, aimed at stabilising costs and coal supply. The...

Australia
Jun 18, 2024

Australia's Boral backs 7 Group's improved $980 mln offer

Australia's Boral advised on Friday that investors accept an as much as A$ 1.5. billion ($ 980.70 million) takeover deal from its largest. investor Seven Group Holdings,...

Wind Farms
Jun 18, 2024

Vestas Inks Conditional Turbine Order for 1.6GW Nordlicht Offshore Wind Projects

Danish wind turbine maker Vestas has signed a conditional agreement to supply 112 of its 15 MW-rated offshore wind turbines for Vattenfall’s and BASF’s Nordlicht 1 and...

Asia / Pacific
Jun 18, 2024

Gold rates hit record highs on safe-haven demand

Gold costs scaled to a record high on Friday as geopolitical stress continued to increase need for the safehaven metal, while strong financial data failed to moisten...

Mining
Jun 18, 2024

British Company - April 12

The following are the leading stories on business pages of British papers. has not validated these stories and does not guarantee their precision. The Times - Britain's...

North America
Jun 18, 2024

US limits on PFAS in drinking water could sustain lawsuits

The U.S. Environmental Protection Firm has actually completed the first federal regulations on poisonous permanently chemicals in drinking water, setting tight limitations that essentially require public water...

Africa
Jun 17, 2024

Sibanye could cut 4,000 jobs as it reorganizes gold operations

Diversified miner Sibanye Stillwater's planned restructuring of its South African gold operations could cut 4,022 tasks, the South African company said on Thursday, with unions promising to...

South America
Jun 17, 2024

US cuts forecast for corn stocks as more grain goes toward ethanol, feed

The U.S. Department of Agriculture cut its outlook for domestic corn ending stocks on Thursday as the government stated more of the grain will be used to...

Electric Utilities
Jun 17, 2024

Norway's KLP might press Tesla on collective bargaining at yearly meeting

KLP, Norway's largest pension fund and a Tesla financier, may ask the electric carmaker's annual basic meeting to attend to CEO Elon Musk's unwillingness to engage in...

Mineral Resources
Jun 17, 2024

Global copper smelters less active after China's scheduled output cuts

More global copper smelters were not running in March than in the very first 2 months, information from satellite surveillance of metal processing plants revealed, after Chinese...

Africa
Jun 17, 2024

Sibanye might cut 4,000 jobs as it restructures gold operations

Diversified miner Sibanye Stillwater stated on Thursday the scheduled restructuring of its South African gold operations could lead to the loss of 4,022 tasks. In a declaration,...

ASEAN Countries
Jun 17, 2024

Biden to warn on Beijing's South China Sea moves in Philippines-Japan summit

Longsimmering stress between China and its next-door neighbors will be in the spotlight on Thursday as leaders of the U.S., Japan and the Philippines collect at the...

East European Countries
Jun 17, 2024

European discount seller Pepco states trading environment remains tough

Discounter Pepco Group reported a 2.5% fall in firsthalf samestore sales in a still difficult trading environment throughout Europe but stated its revenue margins were recovering. The...

Asia / Pacific
Jun 17, 2024

Gold edges higher as geopolitical tensions lift safe-haven appeal

Gold rates edged higher on Thursday, recovering losses from the previous session, as geopolitical tensions strengthened demand for the safehaven metal. Area gold was up 0.1% at...

Germany
Jun 17, 2024

German home builders require billions in subsidies to stem housing crisis

A plunge in new housing building and construction in Germany threatens to thwart the country's economic recovery and get worse political divisions, market groups alerted, calling for...

Poland
Jun 17, 2024

Polish properties ministry reported to be working on coal mines spin-off

Poland's ministry of state assets is working on separating the country's coal assets from its statecontrolled energies, Parkiet paper reported on Thursday, as the government takes a...

Asia / Pacific
Jun 17, 2024

Gold wanders greater as geopolitical tensions raise safe-haven appeal

Gold costs climbed on Thursday, recouping losses from the previous session, as geopolitical tensions boosted demand for the safehaven metal. Spot gold was up 0.6% at $2,345.56...

Asia / Pacific
Jun 17, 2024

Copper sell tight range as firmer dollar weighs

Copper rates were stuck in a tight variety on Thursday, as the U.S. dollar firmed after strongerthanexpected inflation data and countered support from supplyside interruptions. Three-month copper...

Asia / Pacific
Jun 17, 2024

Gold flat as sticky United States inflation tempers wishes for early rate cut

Gold rates were bit changed on Thursday, as the U.S. dollar and Treasury yields firmed after hotterthanexpected inflation data tempered wish for an early rates of interest...

Colombia
Jun 17, 2024

Colombia to loosen regulation for gas expedition, supply simply put term

Colombia will aim to loosen up guideline on gas exploration and supply to satisfy its needs in 2026 and 2027, Mines and Energy Minister Andres Camacho said...

Canada
Jun 17, 2024

Canada dangers another 'catastrophic' wildfire season, government says

Canada threats another disastrous. wildfire season, the federal government stated on Wednesday, as it. anticipated higherthannormal spring and summer season temperatures. throughout much of the country, increased...

North America
Jun 17, 2024

Biden administration says Enbridge pipeline shutdown order must be reevaluated

The Biden administration has actually prompted a U.S. appeals court to inform a lower court to reconsider its order that would need Canadian operator Enbridge to drain...

Natural Gas Utilities
Jun 17, 2024

European shares rebound from one-month low; ECB rate decision up next

European shares staged a recovery after a kneejerk response to a high U.S. inflation continuing reading Wednesday, with financiers turning their focus to the European Central Bank's...

Ukraine
Jun 17, 2024

EBRD returns to the black, posts 2.1 billion euro profit in 2023

The European Bank for Restoration and Advancement (EBRD) published an earnings of 2.1 billion euro ($ 2.26 billion) for 2023, it stated in a declaration on Wednesday....

Asia / Pacific
Jun 17, 2024

Protesters blockade Peru's Las Bambas mine after talks fail

Peru's Las Bambas copper mine, owned by China's MMG, is facing restored blockades of a crucial transportation path after failed talks over contributions to regional advancement projects,...

Asia / Pacific
Jun 17, 2024

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Macy's stated it has designated 2 independent directors to its board, ending...

United States
Jun 17, 2024

US yields spike after inflation report, 10-year hits 4.5%.

U.S. Treasury yields surged on Wednesday after inflation information came in greater than anticipated, lifting the benchmark 10year yield over 10 basis indicate 4.5%, its greatest given...

Nordic States
Jun 17, 2024

China's dominance in wind turbine manufacturing

The European Union will investigate aids received by Chinese suppliers of wind turbines destined for Europe, the bloc's antitrust commissioner, Margrethe Vestager, has actually said. Tuesday's move...