Latest news

Switzerland
Jun 4, 2026

MORNING BID AMERICAS - Summer clouds

What is important in the U.S. and international markets today by Mike Dolan Editor-at-Large of Finance and Markets On Wednesday, the?S&P 500 did not achieve its 10th...

United States
Jun 4, 2026

India and Venezuela have a 'perfect complementarity' in the energy trade amid Gulf Crisis

India and Venezuela tried to strengthen their ties on Thursday in the 'energy sector. New Delhi said that Caracas views it as a 'preferred partner in this...

South Korea
Jun 4, 2026

Oil prices drop after Broadcom's dive

The world stock market?was facing a second consecutive day of declines on Thursday, as a glitch with the AI rally and renewed fighting between the U.S.A. and...

United States
Jun 4, 2026

Dollar and oil prices fall as optimism about peace in the Middle East pushes gold prices higher

The gold price rose?on?Thursday as the dollar and oil fell on hopes for a?resolution of the Middle?East?conflict, easing concerns about higher inflation and rate hikes. As of...

Ukraine
Jun 4, 2026

Russia admits first time oil production is down and blames it on 'unscheduled Maintenance'

Alexander Novak, the Deputy Premier, said that the Russian oil production had fallen since the beginning of the year. He blamed the drop on unplanned refinery maintenance....

Israel
Jun 4, 2026

Nine people killed in Gaza by Israeli strikes, say medics

Health officials reported that Israeli strikes in Gaza Strip on Thursday killed nine Palestinians including five members of the same family. Medical personnel in Gaza reported that...

Africa
Jun 4, 2026

China's Wesizwe South African Platinum project will cut 70% of its workforce

Wesizwe Platinum announced on Thursday that it would lay off almost 500 workers or around 70% of its workforce at its Bakubung mine, South Africa. The company...

United Kingdom
Jun 4, 2026

As markets weigh US-Iran optimism, gold rises as the dollar and oil weaken.

Gold prices grew on Thursday as a result of a weakened dollar and a drop in crude oil prices. Investors also reassessed their expectations regarding a possible...

South Asia
Jun 4, 2026

The Indian monsoon arrives in Kerala three days later than normal

The weather office reported that monsoon rains arrived in India's southernmost State of Kerala, three days later than normal, offering relief from the brutal heat wave which...

China
Jun 4, 2026

China will reduce domestic retail prices of gasoline and diesel from June 5,

China will reduce domestic retail prices on 'gasoline and Diesel' from Friday, its second cut since the start of the Iran War which has caused global oil...

Egypt
Jun 4, 2026

Nine people killed in Gaza by Israeli strikes, say medics

Health officials reported that Israeli strikes in Gaza Strip killed nine Palestinians including five family members in separate attacks on Thursday. Medical personnel said that 'Israeli planes...

China
Jun 4, 2026

Iron ore suffers biggest daily decline in almost two months due to China demand concerns

Iron ore prices fell on Thursday, recording their largest daily loss in a period of 'nearly 2 months. This was due to rising concerns over demand from...

United States
Jun 4, 2026

Sources say that South Korea's jet fuel exports returned to pre-war levels in May.

Analysts and trade sources reported that South Korea's refiners increased jet fuel exports to pre-Iran War levels in May, helped by an increase in?crude oil imports, and...

Indonesia
Jun 4, 2026

Weda Bay Nickel stops nickel ore production when its mining quota is exhausted

Eramet's Indonesian unit has stopped nickel ore production after a government decision slashed its quota for 2026 by 70%, compared to the previous year. The company was...

United Kingdom
Jun 4, 2026

As markets weigh US-Iran optimism, gold rises as the dollar and oil weaken.

Gold prices grew on Thursday as a result of lower 'crude oil' prices and a weakened dollar, with investors assessing renewed expectations regarding a U.S.-Israeli resolution to...

United States
Jun 4, 2026

First the Fed dot then the guidance, and finally a hike. Mike Dolan

Federal Reserve quarterly "dot-plot" rate forecasts could soon lose the last projected rate reduction, the so called easing dot. The plot itself may disappear altogether. Markets would...

United Kingdom
Jun 4, 2026

Oil drops as Israel and Lebanon agree to a ceasefire

Oil prices dropped?on Friday as a ceasefire agreement between Israel and Lebanon?boosted hopes of a wider agreement to end the U.S./Israeli war against Iran?that?could?lead to a?reopening?of the...

Germany
Jun 4, 2026

A ceasefire that is too far for the markets

Gregor Stuart Hunter gives us a look at what the markets will be like tomorrow in Europe and globally. Traders are battling with contradicting 'headlines': the renewed...

United States
Jun 4, 2026

As markets weigh US-Iran optimism, gold rises as the dollar and oil weaken.

The gold price rose?on Thursday as a result of lower?oil prices and a 'weaker dollar. Investors reassessed renewed expectations regarding a U.S. - Israel war against Iran....

Canada
Jun 4, 2026

Sunshine Silver Mining raises US IPO of $270 Million

'Sunshine Silver Mining & Refining Company' raised $270m in its U.S. Initial Public Offering on Wednesday. It joined a growing number of 'companies rushing for new listings...

China
Jun 4, 2026

Iron ore falls to six-week low due to China's demand concerns

Iron ore prices continued to fall on Thursday, reaching a 'lowest level in over six weeks.' This was due to rising concerns regarding demand from 'China, the...

United States
Jun 4, 2026

Advent, ADIA-backed gas engine maker Innio raises $2.43 billion in US IPO

Investors flock to companies that are driving the AI boom, including gas engine manufacturer Innio. Innio, based in Munich, Germany, has a principal?shareholder - AI Alpine. The...

United States
Jun 4, 2026

As markets weigh US-Iran optimism, gold rises as dollar and oil weaken.

Gold prices rose on 'Thursday', supported by lower crude oil prices and a weakened?dollar as investors reassessed renewed expectations of a resolution to U.S.-Israeli conflict with Iran....

United States
Jun 3, 2026

Officials at the White House say that Trump will be spending $700,000,000 on new coal subsidies.

According to a White House spokesperson, U.S. president Donald Trump plans to use Cold War national defense powers in order to send $700 million towards coal plants....

Taiwan
Jun 3, 2026

Stocks fall on escalation of hostilities

Investors were unsure as Asian stocks began trading Thursday. The stock market fell as renewed fighting between the U.S. MSCI's broadest Asia-Pacific share index outside Japan fell...

United States
Jun 3, 2026

Oil drops as Lebanon and Israel implement ceasefire

The oil prices fell 'on Thursday' as the Israel-Lebanon ceasefire agreement boosted expectations for a wider deal to end the U.S./Israeli war against 'Iran'. Meanwhile, U.S. House...

Brazil
Jun 3, 2026

Brazil's Equatorial bid $1.1 billion to win Copasa's privatization.

Brazilian power company Equatorial secured the strategic investor role in the privatization of water and sewage treatment firm?Copasa, committing to purchase a 30% stake at a cost...

South Korea
Jun 3, 2026

South Korean beekeeper calculates the costs of climate change

Park Gyeong Je began tending beehives nearly five decades ago. He did it as a way to earn a living because he enjoyed spending time in the...

United States
Jun 3, 2026

Steel body: US tariff doubled to doubling US tariffs reduced EU steel exports 34%

Steel industry association 'Eurofer' said that EU steel exports have dropped by 34% to the U.S. since Washington raised tariffs from 25% to 50%. Higher duties on...

United States
Jun 3, 2026

SpaceX receives Texas tax breaks on chip project ahead of record IPO

SpaceX received tax incentives for its proposed Terafab project in Grimes County Texas on Wednesday, despite fierce opposition from residents who warned that the development would strain...

United States
Jun 3, 2026

TransAlta buys Blackstone-backed Colorado gas fired plants for $1 billion

TransAlta Corp, a Canadian power producer, announced on Wednesday that it would 'acquire' two natural gas-fired peaks near Denver, Colorado, from Blackstone, for a price of $1...

Crude Oil
Jun 3, 2026

World shares drop, oil jumps as Middle East unrest deepens

On Wednesday, oil prices rose and global stocks declined as expectations of a quick end to the?Iran war faded. Wall Street's main three?indices? pulled back from recent...

United States
Jun 3, 2026

Israeli strikes kill 3 people in Gaza as truce talks stagnate

Health officials reported that Israeli strikes in Gaza killed three Palestinians on Wednesday. Hamas, the militant Palestinian group, said stopping'such a?attacks is crucial for further talks to...

United Kingdom
Jun 3, 2026

Staff message shows that Commerzbank has been in touch with the German regulator regarding UniCredit's stake building,

According to an internal memo seen on Wednesday, Commerzbank is in touch with German regulator?BaFin regarding recent disclosures made by Italy's UniCredit concerning the acceptance of its...

Germany
Jun 3, 2026

Automakers ask EPA to act quickly on rewriting vehicle pollution regulations, and back a two-year delay

Major automakers have backed the U.S. Environmental Protection Agency's proposal to delay enforcement for two years of a regulation that requires significant reductions in air pollution by?vehicles....

Africa
Jun 3, 2026

Scientists discover new species of grasshopper, dragonfly and fluorescent spider

A conservation group reported that wildlife experts discovered eight new species of dragonfly in Angola, along with three unknown grasshoppers, and 60 vibrant-colored butterflies and moths. The...

Israel
Jun 3, 2026

Three people are killed in Gaza by Israeli strikes, say medics

Israeli strikes in Gaza killed three Palestinians on Wednesday, according to health officials. The militant Palestinian group Hamas also said that an end to these attacks is...

India
Jun 3, 2026

As inflation fears fuel war, gold slips in bets with higher rates

The gold price fell on Wednesday as investors focused on the Middle East, and economic data. By 8:40 am EDT (1240 GMT), spot gold had fallen 0.7%...

Israel
Jun 3, 2026

Trump confirms calling Netanyahu insane in phone call

?U.S. Donald Trump admitted to calling Israeli Prime Minister Benjamin Netanyahu crazy during an angry phone call over the fighting in Lebanon while the U.S. was trying...

Bahrain
Jun 3, 2026

Gold drops on stronger dollar and oil amid renewed Middle East hostilities

?Gold prices fell on Wednesday as a result of a stronger dollar, and rising oil prices. The conflict in the Middle East continued to dampen hopes for...

Iran
Jun 3, 2026

Trump claims Iran has agreed not to have nuclear weapons

U.S. president Donald Trump stated that Iran had agreed to?not have a nuclear weapons?and he will probably meet Supreme Leader Mojtaba?Khamenei at a certain point if "things...

Ukraine
Jun 3, 2026

Drone incursions cause chaos and fear along NATO's Baltic border with Finland

The presence of military drones in the airspaces of Finland, Estonia Latvia and Lithuania is raising concerns that the conflict in Ukraine could spill over into NATO's...

Climate Change
Jun 3, 2026

Commission: EU governments can use a certain amount of fiscal flexibility for green energy to offset defence costs

Valdis Dombrovskis, European Economic Commissar, said that the European Commission would allow EU governments to make use of some of the fiscal flexibility already given to them...

United Arab Emirates
Jun 3, 2026

Gunvor claims it is not the target of Swiss Prosecutor in bribery investigation

Gunvor, a global commodity trading company, confirmed on Tuesday that Swiss prosecutors had searched its office in Geneva. The company added that it was not the subject...

United Kingdom
Jun 3, 2026

MORNING BID AMERICAS - Quantum leap

What's important in U.S. and Global Markets Today By Mike Dolan, Editor at Large, Finance and Markets Oil prices and bond rates have increased as the?hostilities? in...

Romania
Jun 3, 2026

Germany opens window for dialogue between Europe and Russia

At a Wednesday briefing, a German government official said that a window of 'dialogue' is opening slowly between Russia and Europe on Ukraine. However, it will likely...

United Kingdom
Jun 3, 2026

The Iran talks are at an impasse as Sterling struggles to find direction

The British pound has not changed much against the euro and dollar on Wednesday. Investors are still 'focused' on the conflict in?Middle East and the effects of...

China
Jun 3, 2026

Zambia extends duty free copper concentrate export duty exemption amid smelter failures

Zambia has extended the suspension on a 10% duty for copper concentrate exports until September 30 to clear the'stockpiles' of unprocessed material as the smelters in the...

China
Jun 3, 2026

Copper prices fall as new attacks in the Middle East reduce risk appetite

The copper price?retreated? on Wednesday, after renewed hostilities in Iran's?war undermined the optimism of an imminent resolution and boosted the?dollar. However, the prospect of U.S. Tariffs have...

Bahrain
Jun 3, 2026

Gold drops on stronger dollar and oil amid renewed Middle East hostilities

The 'dollar' strengthened on Wednesday, and oil prices rose as the conflict in the Middle East continued. This dimmed the hopes of a quick resolution to the...