Latest news

Canada
May 27, 2024

Li-Cycle to cut 17% of personnel amid battery recycling growing discomforts

Battery recycler LiCycle plans to lay off 17% of its staff consisting of three senior executives as it pares its enthusiastic international growth strategies in order to...

Belgium
May 27, 2024

Offers of the day-Mergers and acquisitions

OranThe following bids, mergers, disposals and acquisitions were reported by 2000 GMT on Tuesday: ** Johnson & & Johnson is in speak to purchase medical gadget maker...

United States
May 27, 2024

China opens WTO dispute versus United States aids to secure its EV market

China has started conflict settlement proceedings versus the United States at the World Trade Company to secure its interests in the electrical car industry, the Chinese objective...

Hong Kong
May 27, 2024

Stocks and bonds circle in location ahead of vacation

Wall Street eked out gains in line with other global share indexes on Tuesday and the yen was hovering not far above 2022 intervention levels after jawboning...

United States
May 27, 2024

Phillips 66 checks out sale of REX interstate pipeline stake worth over $1 billion, sources state

U.S. oil refiner Phillips 66 is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1....

Mexico
May 27, 2024

Unrefined output at Mexico's Pemex drops to more than four-decade low

Mexican state energy business Pemex stated its crude oil production in February hit its most affordable month-to-month level in 45 years, as output of the crucial commodity...

United States
May 27, 2024

United States says it doesn't support Pakistan-Iran gas pipeline task going forward

The U.S. stated on Tuesday it does not support a PakistanIran gas pipeline task from going forward and warned about the danger of sanctions in working with...

United States
May 27, 2024

Delivering market faces fuel problem in quote to cut emissions

The shipping industry is under increasing pressure to decarbonize, however uncertain regulative standards, consisting of around what sorts of cleaner fuels large vessels must run, is complicating...

United States
May 27, 2024

Baltimore port: What impact will bridge collapse have on shipping?

A major bridge collapsed in the U.S. port of Baltimore in the early hours of Tuesday after being struck by a container ship, plunging automobiles into the...

Germany
May 27, 2024

US authorizes Orsted's Dawn Wind overseas wind farm to power New york city homes

The Biden administration on Tuesday provided final approval to Orsted and Eversource's. Dawn Wind overseas wind facility, which is anticipated to. offer power to more than 320,000...

France
May 27, 2024

Offshore wind market improving after rate reset, states EDP

The international market for offshore wind projects is enhancing with governments and business now providing high adequate prices to make tasks financially feasible, the CEO of Portugal's...

Australia
May 27, 2024

Stocks and bonds move sideways in holiday-shortened week

Wall Street tracked lackluster advances in many global share indexes on Tuesday as the yen was steady not far above 2022 intervention levels on more jawboning by...

United States
May 27, 2024

Portuguese district attorneys challenge big Iberdrola solar job

Portugal's district attorneys have asked a court to obstruct an ecological licence provided to Spain's Iberdrola and Prosolia Energy to build a. 1.2 gigawatt solar farm in...

United States
May 27, 2024

Delivering traffic freezes up in port waters after Baltimore bridge collapse

Ships cruising to the U.S. port of Baltimore dropped anchor in waters close by while vessels were stranded inside the port after traffic was stopped following a...

South Korea
May 27, 2024

Baltimore port: What effect will bridge collapse have on shipping?

A significant bridge collapsed in the U.S. port of Baltimore in the early hours of Tuesday after being struck by a container ship, plunging vehicles into the...

Africa
May 27, 2024

OPEC+ not likely to alter output policy before June meeting

OPEC+ is not likely to make any oil output policy modifications until a complete ministerial event in June, three OPEC+ sources informed ahead of next week's gathering...

Scandinavia
May 27, 2024

Houthis claim strikes on ships, Maersk rejects it was attacked

Houthi militants in Yemen said on Tuesday they had actually mounted six attacks on ships with drones and missiles in the last 72 hours in the Gulf...

Ukraine
May 27, 2024

Ukraine electricity imports soar after Russian attacks

Ukraine's daily electricity imports will reach their highest this year on Tuesday after a. series of Russian missile strikes on critical facilities. caused blackouts in lots of...

Panama
May 27, 2024

Baltic index hits near one-month low as rates drop for all sections

The Baltic Exchange's primary sea freight index dropped to a onemonth short on Tuesday, dragged down by weakness across all vessel sections. * The overall index, which...

South Asia
May 27, 2024

Deals of the day-Mergers and acquisitions

The following bids, mergers, disposals and acquisitions were reported by 1330 GMT on Tuesday: ** German nationalised energy company SEFE will take complete ownership of gas transmission...

Switzerland
May 27, 2024

Energy trader Vitol sees tight oil items market

The world's top energy trader Vitol said on Tuesday it saw a tight international oil products market as the Red Sea crisis and the rerouting of Russian...

China
May 27, 2024

Sinopec, Total to build sustainable air travel fuel plant in China

Chinese stateowned Sinopec and French oil significant TotalEnergies have signed an arrangement to produce sustainable air travel fuel ( SAF), a declaration launched by Sinopec stated on...

United Kingdom
May 27, 2024

Britain can still satisfy its 2030 overseas wind target minister states

Britain can satisfy its target of offshore wind implementation by 2030 even after an auction last year stopped working to protect any new capability, Britain's minister for...

Fossil Fuels
May 27, 2024

Europe's clean source of power on a record roll in early 2024: Maguire

The viewpoints expressed here are those of the author, a columnist . A record 60% of Europe's electricity was powered by clean energy sources in the opening...

Japan
May 27, 2024

Stocks edge up in tense trade, FX shifts agitate traders

Worldwide shares edged up on Tuesday, partly brushing off combined messages from U.S. policymakers and a wobble in the Chinese yuan that agitated financiers ahead of Friday's...

Oil & Gas
May 27, 2024

Esgian Week 21 Report: Tender Opportunities Emerging in Africa

Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig...

Ukraine
May 26, 2024

Ukraine electricity imports soar after Russian attacks

Ukraine's daily electrical power imports will reach their greatest this year on Tuesday after a. string of Russian rocket strikes on crucial infrastructure. caused blackouts in many...

Turkey
May 26, 2024

Iraq, oil firms trade blame over shut Turkey pipeline

Foreign oil companies operating in Iraq's Kurdistan area are partially to blame for the hold-up in resuming unrefined exports after failing to send agreements for modification, Iraq's...

United States
May 26, 2024

Financiers file record number of climate resolutions for North American companies

A record 263 climaterelated investor resolutions have actually been submitted up until now this year for annual conferences of North American companies, a brand-new tally showed on...

Japan
May 26, 2024

MORNING BID AMERICAS-March markets tranquil as Q1 abates

A look at the day ahead in U.S. and global markets from Mike Dolan Investors appear pleased to sit on punchy very first quarter stock gains as...

Taiwan
May 26, 2024

Stocks dip, shifts in FX unsettle traders

Global shares had a hard time for traction on Tuesday as mixed messages from U.S. policymakers and a wobble in the Chinese yuan left traders unsettled and...

United Kingdom
May 26, 2024

Offers of the day-Mergers and acquisitions

The following bids, mergers, disposals and acquisitions were reported by 0930 GMT on Tuesday: ** Belgian retailer Colruyt said it would sell about 30% of its stake...

United States
May 26, 2024

Gazprom's unit purchases former Shell stake in Sakhalin Energy for $1 bln

Kremlincontrolled energy giant Gazprom has actually gotten a 27.5% stake, formerly owned by Shell, in Russian liquefied gas (LNG). manufacturer Sakhalin Energy for around $1 billion, according...

Taiwan
May 26, 2024

Taiwan central bank to apply moderate tightening against inflation

Taiwan's central bank said on Tuesday it would continue moderate tightening of financial policy to curb increasing inflation expectations after unexpectedly raising its benchmark rate last week....

South Korea
May 26, 2024

Asia stocks stumble over slipping yuan

Asian equities struggled for traction on Tuesday as mixed messages from U.S. monetary policymakers and a wobble in the Chinese yuan left traders unsettled and tentative with...

Power Markets
May 26, 2024

Europe's clean source of power on a record roll in early 2024: Maguire

A record 60%. of Europe's electrical energy was powered by clean energy sources in. the opening 2 months of 2024, driven by strong yearonyear. development in hydro,...

Australia
May 26, 2024

Australia softens proposed car emission laws for some pick-up trucks

Australia stated on Tuesday it would unwind proposed carbon emission guidelines for some popular pickup after the nation's vehicle lobby raised concerns the changes could raise rates...

Indonesia
May 26, 2024

Vietnam increases coal imports as it promises financiers no more power cuts

Vietnam's coal imports so far this year have nearly doubled from the exact same duration of 2023, custom-mades information programs, as the federal government aims to assure...

Japan
May 26, 2024

Stocks hemmed in by rate risks; yuan wobbles

Asian equities climbed on Tuesday however might not break this month's highs as combined messages from U.S. Federal Reserve policymakers left doubts hanging over the timing of...

United Kingdom
May 26, 2024

Oil costs extend upward momentum on expectations of tighter supply

Oil prices were on track to gain for a 2nd straight day on Tuesday after settling up more than a dollar on expectations of tighter supply driven...

Ukraine
May 26, 2024

Oil market saw craze of hedge fund purchasing: Kemp

Financiers have actually purchased oil at the fastest rate for more than 4 years, amid optimism that Saudi Arabia and its OPEC+ allies will continue to restrict...

United States
May 26, 2024

Indian refiners purchase more United States crude as Russia sanctions tighten up

More than 250,000 barrels daily of U.S. crude is set to get here in India next month, the greatest in more than a year, ship tracking information...

United States
May 26, 2024

Engineers work to bring back power in 2 significant Ukrainian cities

Engineers worked round the clock to restore power on Monday to homes in two Ukrainian cities Kharkiv and Odesa and officials warned that damage triggered by repeated...

China
May 26, 2024

British Company - March 26

The following are the top stories on the business pages of British newspapers. has not verified these stories and does not guarantee their precision. The Times -...

Australia
May 26, 2024

Australia's Senex Energy CEO says long ecological procedure killing resources financial investment

Gas manufacturer Senex Energy's. Chief Executive Ian Davies stated on Tuesday Australia's. ecological approval process was eliminating financial investment in the. country's resources sector where it takes...

United States
May 26, 2024

Hawaiian Electric asks consumers to save power in April as supply tightens up

Hawaiian Electric on Monday asked its clients in Hawaii Island to lower or move their electrical power usage through April after the utility's largest generator, an independent...

Mexico
May 26, 2024

Mexico's Pemex quotes for more favorable financing rates with sustainability strategy

Mexican state energy company Pemex wishes to gain access to financing at more favorable rates with a sustainability plan setting out its dedications to bring down emissions,...

Spain
May 26, 2024

Offers of the day-Mergers and acquisitions

The following quotes, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** The Spanish government has actually acquired a 3% stake in telecoms group...

United Kingdom
May 26, 2024

Oil settles greater as Russia orders output cuts, geopolitical tensions continue

Oil prices settled higher on Monday as orders from the Russian federal government to suppress oil output, and attacks on energy infrastructure in both Russia and Ukraine...

Switzerland
May 26, 2024

Urals diffs the same, Russia orders companies to cut oil output

Urals crude oil differentials to dated Brent were the same on Monday amid low trading activity, while Russia asked its oil business to cut oil output, sources...