Latest news

Western Europe
Jun 4, 2024

NORDIC POWER-Forward rates pull away on wetter weather outlook

Nordic forward power rates slipped for a 2nd straight session on Wednesday, pressured by projections for higher precipitation in the hydropowerreliant region and enhancing water reserves. *...

Asia / Pacific
Jun 4, 2024

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday: ** German rail operator Deutsche Bahn stated that it will take a while...

Switzerland
Jun 4, 2024

EUROPE GAS-Prices increase as cooler temperature forecasts lift need

LONDON, March 22 - Dutch and British wholesale gas costs rose on Friday morning as projections for cooler temperature levels lifted need. The benchmark front-month agreement at...

Nordic States
Jun 4, 2024

Companies respond to Baltimore bridge collapse

A significant bridge collapsed on Tuesday in the U.S. port of Baltimore after being struck by a container ship, plunging cars and trucks into the river listed...

ASEAN Countries
Jun 4, 2024

AG&P to establish LNG import terminals in east Indonesia

Atlantic, Gulf and Pacific (AG&P) LNG and its partners are poised to establish and run liquefied natural gas import terminals in east Indonesia, part of the country's...

South America
Jun 4, 2024

Human rights court orders Peru to pay damages to Peru mining town

The InterAmerican Court of Human Rights on Friday ordered Peru to pay damages to locals of an Andean town for offenses of their right to a healthy...

Venezuela
Jun 4, 2024

Venezuela creates new state in area under dispute with Guyana

Lawmakers in Venezuela allied with the government of President Nicolas Maduro on Thursday authorized the creation of a brand-new state in a territory that is the subject...

Asia / Pacific
Jun 4, 2024

Indian Oil waits for sanctions relief extension to resume Venezuelan oil buy

India's top refiner Indian Oil Corp will think about resumption of Venezuelan oil purchases if the US continues with a relaxation in sanctions against the OPECproducer, the...

Asia / Pacific
Jun 4, 2024

Most base metals eye weekly decrease on more powerful dollar

Costs of the majority of nonferrous metals fell on Friday and were on track for a weekly decrease as a. stronger dollar made greenbackpriced metals more expensive...

Asia
Jun 4, 2024

Criteria to introduce green nickel costs on Thursday

Consultancy Criteria Mineral Intelligence will launch green nickel prices on Thursday after some manufacturers called for metals exchanges to start brand-new agreements based upon sustainability steps such...

Denmark
Jun 4, 2024

NORDIC POWER-Forward rates slip on easing European energy rates

Nordic forward power rates slipped on Tuesday, with the frontquarter contract set to mark its worst session in over 2 weeks, tracking weaker German power and European...

Asia / Pacific
Jun 4, 2024

Gold pulls back from record peak as dollar gains

Gold dipped on Friday as the dollar strengthened, however was on track for a weekly gain after rallying to a record high in the previous session in...

Pacific Islands
Jun 4, 2024

Climate change, AI in focus at Commonwealth's Oct meeting in Samoa

Environment modification and efforts to stay up to date with advances in artificial intelligence top the program for a Commonwealth meeting set for the little Pacific Islands...

Australia
Jun 4, 2024

UAE conglomerate seeks to gatecrash China's JCHX Zambian copper offer

A. unit of International Holding Company, Abu Dhabi's many. valuable business, is interested in acquiring Zambia's Lubambe. Copper Mine, an asset that China's JCHX Mining has already....

Renewable Energy
Jun 4, 2024

VEGOILS-Palm oil falls for second session, tracking rivals lower

Malaysian palm oil futures fell for a second straight session on Wednesday, ahead of a market vacation, on weaker competing edible and crude oil rates, although a...

Asia / Pacific
Jun 4, 2024

Copper strikes two-week low as market awaits clarity on smelter cuts

Copper rates pulled away to a twoweek low on Wednesday as financiers awaited further information on strategies by Chinese smelters to cut production. Three-month copper on the...

Asia / Pacific
Jun 4, 2024

VEGOILS-Palm surrenders early gains on profit-taking, stronger ringgit

Malaysian palm oil futures gave up early gains on Tuesday amid profittaking, while weaker rival edible oils and a somewhat more powerful ringgit also weighed on the...

Australia / New Zealand
Jun 4, 2024

S. Korea's March diesel deliveries to Singapore set to hit 2-1/2- year high

South Korean diesel deliveries to Singapore for March are on track to strike 21/2year highs, with freights most likely to be kept briefly or mixed in Asia's...

North America
Jun 4, 2024

Gold flat as dollar companies, investors seek more Fed cues

Gold prices were flat in rangebound trade on Wednesday as the dollar ticked greater, with mindful financiers awaiting more hints on the U.S. Federal Reserve's financial policy...

Europe
Jun 4, 2024

Monday rates untraded as wind supply expected to drop

European electrical energy rates for Monday were untraded early on Friday as German wind power supply was expected to drop, while French need was seen increasing. The...

Australia / New Zealand
Jun 4, 2024

Offers of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** EU antitrust regulators have resumed their investigation into British Airways owner IAG's...

Switzerland
Jun 4, 2024

Trading house Mercuria to work with ex Shell LNG head Steve Hill

Energy trader Mercuria will hire popular gas trader Steve Hill, previously head of LNG at Shell, as the trading house broadens its existence in melted natural gas...

Asia / Pacific
Jun 4, 2024

Gold gains as rate cut bets hold ground in run-up to inflation test

Gold prices increased on Monday, driven by expectations of rates of interest cuts by the U.S. Federal Reserve this year, even as traders await inflation readings this...

North America
Jun 4, 2024

Gold dips as dollar companies, but set for weekly gain

Gold prices slipped on Friday after grazing a record high in the previous session as the dollar firmed, however was set for a weekly gain after the...

East European Countries
Jun 4, 2024

EU countries divided over nature law in most current blow to green agenda

The European Union's. flagship policy to restore damaged nature is hanging in the. balance, with a vote to pass the law on Monday cancelled after. Hungary suddenly...

West Africa
Jun 4, 2024

Nigeria provides organizations four years to embrace eco-friendly reporting requirements

Nigeria on Friday stated it will oblige business to divulge their ecofriendly practices and how they handle the impacts of environment change in their financial reporting within...

South America
Jun 4, 2024

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Pipeline operator Summit Midstream Partners said it would sell its Utica properties...

India
Jun 4, 2024

MG Motor India Officer: JSW, MG Motor Will Put In More Than 50 Bln Rupees For EV JV

* JSW GROUP OFFICER: WANT TO SELL ONE MILLION EVS IN INDIA BY 2030 * JSW GROUP CHAIR: WILL PRODUCE MANY INNOVATIVE MODERN EVS WITH MG MOTOR...

Europe
Jun 4, 2024

Area rates fall as wind gains integrate with slow demand

European prompt power rate fell on Wednesday, as German wind output was because of more than treble and need was relieving across the area. Recurring load is...

United States
Jun 4, 2024

Gold hemmed in tight range ahead of Fed verdict, Powell comments

Gold rates were stuck in a tight variety on Wednesday as traders gotten ready for an essential policy choice from the U.S. Federal Reserve and remarks from...

Mining
Jun 4, 2024

Base metals up as Fed rate cut outlook lifts run the risk of cravings

Rates of most base metals gotten on Thursday, raised by boosted danger cravings after the U.S. reserve bank showed it would stick with its interest rate cut...

North America
Jun 4, 2024

Gold holds tight range as focus turns to US inflation information

Gold prices were stuck in a tight range on Tuesday as investor focus turned to U.S. inflation data due later on this week, which might shed more...

Mining
Jun 4, 2024

How business are reacting to attacks on ships in the Red Sea

Companies are responding to disturbances to shipping on the shortest path between Europe and Asia. Attacks in the Red Sea region by Houthi militants in Yemen have...

United States
Jun 4, 2024

Gold companies on expect Fed rate cut in June, softer dollar

Gold rates edged higher on Monday as restored bets that the U.S. Federal Reserve would begin cutting interest rates in June and a softer dollar raised bullion's...

Western Europe
Jun 4, 2024

Significant oil spills in United States since 1969

Energy significant Chevron has accepted pay $13.1 million in settlement contracts with two California state firms for its oil spills in 2019, which saw a minimum of...

North America
Jun 4, 2024

Gold takes a breather after record, Fed-fuelled rally

Gold reduced slightly on Thursday, hitting pause after a blistering rally that got an additional fillip after Federal Reserve Chair Jerome Powell hinted that the central bank...

Spain
Jun 4, 2024

VEGOILS-Palm oil gets on strong export data, weak output development

Malaysian palm oil futures increased on Monday, snapping 2 straight sessions of losses, underpinned by strong export information and low output development. The benchmark palm oil contract...

Asia / Pacific
Jun 4, 2024

Leading S.Korean refiners contribute to April spot diesel supply in Asia as more offers emerge

Leading South Korean refiners are putting extra spot April supplies in the market following the issuance of more sale tenders after concluding several in the previous week,...

Renewable Energy
Jun 4, 2024

VEGOILS-Palm oil edges down on combination after recent uptick, heads for weekly loss

Malaysian palm oil futures dipped somewhat on Friday with the market set for its initially weekly loss in five as it combined after a recent bullish episode,...

Peru
Jun 4, 2024

Glencore halts major zinc-lead mine in Australia after heavy rains

Glencore Plc has actually stopped operations at its McArthur River zinc and lead mine (MRM) in Australia following heavy rains this week, the company said on Thursday....

North America
Jun 4, 2024

Gold hits fifth record high in March on Fed rate-cut view

Gold costs on Thursday struck record peaks for the fifth time this month after the U.S. Federal Reserve expected 3 rate cuts in 2024 in spite of...

North Asia
Jun 4, 2024

NORDIC POWER-Front-quarter rates edge up on cooler weather report

Nordic frontquarter power costs inched higher on Thursday as a cold and dry weather condition view lifted the need outlook in the hydropowerreliant area, while weaker European...

Asia
Jun 4, 2024

VEGOILS-Palm oil reverses course amid production development unpredictability

Malaysian palm oil futures dropped on Thursday, removing earlier gains, amidst unpredictability over production development and some correction in competing veggie oils. The benchmark palm oil contract...

Benelux
Jun 4, 2024

French and Benelux stocks-Factors to watch

Below are companyrelated news and stories from France and Benelux which might have an influence on the region's markets or private stocks. ATOS France said it would...

Asia / Pacific
Jun 4, 2024

VEGOILS-Palm oil posts 2% weekly fall on debt consolidation after current uptick

Malaysian palm oil futures fell on Friday to mark its first weekly loss in 5 as it combined after a recent bullish episode, while lower edible and...

Europe
Jun 4, 2024

CEZ to obtain 55.21% stake in GasNet

Czech utility CEZ said on Thursday it would get a 55.21% stake in gas supplier GasNet for 846.5 million euros ($ 926 million) from Macquarie Asset Management....

Asia / Pacific
Jun 4, 2024

Tokyo Gas to increase use of e-methane, hydrogen and wind power

Tokyo Gas, Japan's. most significant city gas supplier, stated on Friday it aims to achieve 50%. carbon neutrality by 2040 by using brand-new fuels such as emethane....

South America
Jun 4, 2024

Brazil's Financing minister to promote release of Petrobras' extra dividends

Brazil Finance minister Fernando Haddad will ask President Luiz Inacio Lula da Silva to provide the goahead for staterun oil company Petrobras to release extra dividends to...

Asia / Pacific
Jun 4, 2024

Leading investor Borse Dubai to offer Nasdaq shares worth $1.6 bln

Nasdaq said on Tuesday that Borse Dubai would offer shares worth $1.6 billion in the U.S. stock market operator, delivering its area as the company's leading shareholder...

Mineral Resources
Jun 4, 2024

The majority of base metals fall on firm dollar

A lot of base metals fell on Monday after a short surge in early deals, as a more powerful U.S. dollar made the greenbackpriced metals more costly...