Sources claim that the Russian oil giant Lukoil struggles to maintain operations at its vast foreign businesses, as Western sanctions disrupt oil loads in Iraq, pumping stations...
The CEO of QatarEnergy, one of the world's biggest liquefied natural gas producers, told Reuters on Monday that the company's massive North Field expansion project will produce...
The G20 taskforce, established by the South African president Cyril Ramaphosa, has called for an international panel on inequality. They warn that extreme wealth disparities can disrupt...
Fernando Haddad, Brazil's Finance minister, said that mobilizing 10 billion dollars in public resources to the Tropical Forests Forever Facility would be an ambitious but "possible target"...
Vulcan Elements and the U.S. Government have formed a partnership to increase domestic production of rare earth magnets. This is the latest attempt to reduce reliance on...
Exxon Mobil, a company executive said in an interview, is looking at other opportunities to renovate sites after launching operations this year at four new initiatives for...
The dollar was near its three-month-high versus the Euro due to the waning expectation of hefty U.S. interest rate cuts. Amazon shares rose more than 4% after...
After being disqualified a few days ago, Upland Oil and Gas, formerly Peru's biggest Amazon oilfield, said it would request that the South American country's regulator review...
Investors hunkered in for the U.S. payroll data that is due this week, to gauge the likelihood of another U.S. Federal Reserve rate cut. By 1:32 pm,...
Mamady Doumbouya, the leader of Guinea's junta, announced his candidacy for the December 28 presidential election. This could extend his reign in power by another five years....
TechMet, a U.S. investment vehicle, is looking at portfolio additions. This includes bidding on a Ukraine Lithium deposit. However, the CEO is concerned that Europe is falling...
According to documents and shipping data from the state-owned firm PDVSA, Venezuelan oil exports fell 26% in October to 808,000 barrels a day as its stocks decreased...
Prince William traveled to Brazil for a ceremony to award his multi-million dollar environmental prize. He hoped to divert attention from the scandal surrounding his uncle Andrew...
The dollar was near its three-month-high versus the Euro due to the fading expectations of a large U.S. interest rate cut. Amazon shares rose more than 4%...
Investors hunkered in for the U.S. payroll data that is due this week, to gauge the likelihood of another U.S. Federal Reserve rate cut. By 11:14 am,...
The utility, owned by Warren Buffett’s Berkshire Hathaway, warned Monday that it may face tightened liquidity and could lose its investment grade status after a court accelerated...
Oil prices held steady Monday as the market weighed the latest OPEC+ production increase against the group's plan to pause increases in the first three quarters of...
Canada's main index of stocks fell on Monday, as investors analyzed local economic data. However, an increase in gold and technology shares kept losses under control. 10:08...
Gold prices rose on Monday and held above $4,000 an ounce as investors waited for the U.S. payroll data that is due this week in order to...
Indian jewellers and watchmakers Titan announced a second-quarter profit that was above expectations on Monday. The firm's bottomline was boosted by a sharp rise in the price...
Pinnacle West Capital announced a higher third-quarter profit Monday. This was boosted by a rising demand for electricity due to the scorching summer heat. Lower operations and...
Adani Power, an Indian company, announced on Monday that it had chosen to use international arbitration in order to settle disputes regarding Bangladesh's payments for power. The...
Public Service Enterprise Group reported earnings for the third quarter that exceeded Wall Street expectations, thanks to higher gas and electric rates as well as rising demand...
The dollar was near its highest level in three months on Monday, and traders were waiting for the U.S. payroll data to provide further clues about the...
Five dealers claim that India's palm oils imports fell in October to a 5-month low. This pushed the total purchase of 2024/25 to its lowest level in...
On Monday, a Chinese state bank shut down retail gold accounts for new investors. This comes two days after Beijing changed a longstanding tax exemption on the...
Metal traders reported that copper prices were stable on Monday, as a weaker dollar and slowing manufacturing in China's top consumer weighed on sentiment. Meanwhile, mounting supply...
The dollar hovered around a three-month peak on Monday, and traders were waiting for the U.S. payroll data to get a better idea of the Federal Reserve's...
The German economy minister announced on Monday that the government will introduce a program to reduce electricity prices for manufacturers at the start of next year, while...
Shanghai copper reversed early losses by the close of Monday's trade, despite weak Chinese factory data that weighed on sentiment. The Shanghai Futures Exchange's most active copper...
Gold prices rose Monday on expectations of more U.S. rate cuts following comments by Christopher Waller from the U.S. Federal Reserve Board. However, a stronger dollar, and...
A letter seen by the Board shows that the activist fund Palliser capital has increased pressure on Rio Tinto, asking it to launch a "now-or-never" counterbid to...
Carlos Mazon, leader of Spain's eastern Valencia Region, announced on Monday that he would be stepping down due to the way his administration handled the catastrophic floods...
China has ended its long-standing policy of tax exemption for certain gold retailers, which could set back the buying spree in the world's largest consumer market. Beijing...
DLA Piper, a law firm, said that disagreements between governments and investors about resources have reached a ten-year high. This is due to resource nationalism, and the...
Gold prices rose on Monday, as the dollar remained just below the three-month highs reached last week. However, reduced expectations of further Federal Reserve rate reductions in...
Iron ore prices weakened on Monday due to a decline in steel production in China and rising port inventories. There was also concern about a weakening of...
Spain continues to be the fastest-growing economy in the Eurozone, and has outperformed its peers again in the third quarterly. The Iberian nation's successful mix of policies...
Executives revealed that a climate finance platform, co-founded by MUFG (Japan's largest financial group), has raised $600 million in order to assist countries in developing markets to...
Australian shares made modest gains on Monday as Westpac's record closing after a profit beating offset weakness in gold stock. Investors largely stayed the course ahead of...
Ankur Banerjee gives us a look at what the future holds for European and global markets The markets are still recovering after a week of action packed...
Gold prices held steady Monday as investors backed off their bets on further Federal Reserve rate reductions in the near future. Meanwhile, easing U.S. China trade tensions...
Gold prices held steady Monday as the dollar strengthened. Investors were reducing their bets on further Federal Reserve rate reductions following Jerome Powell's recent hawkish comments. Meanwhile,...
Shanghai copper continued to suffer losses from last week, as weak Chinese manufacturing data dampened sentiment. As of 0315 GMT, the most active copper contract traded on...
Two trade sources reported on Monday that India's Bharat Oil Corp bought crude oil in Abu Dhabi as part of a spot-tender to replace oil imported from...
State media reported that Malaysian Prime Minister Anwar Ibrahim stated that the development of a 600-million-ringgit ($142-million) super magnet production facility in Pahang would strengthen the nation's...
On Monday, a group of mining investors called for the creation of a new independent agency to oversee the sector. This would be modeled after the International...
Sources say that China's CATL placed orders for lithium ore with external suppliers in November as the battery giant is seeking alternative feedstock since its flagship Jianxiawo...
A draft EU compromise proposal revealed that the European Union was considering a clause to slow down its climate targets for 2040 if the forests of the...
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