Latest news

United States
May 12, 2025

US to expedite Utah uranium mining permit

The U.S. The U.S. The department announced in a press release that the environmental review of the project will be finished in only 14 days. These studies...

Brazil
May 12, 2025

Official: BYD's factory in Brazil will be "fully functional" by the end of 2026.

In a video posted on Monday, Augusto Vasconcelos, Bahia's state labor secretary, said that the new factory of Chinese electric car manufacturer BYD in Brazil would be...

Germany
May 12, 2025

EU analyzes U.S. UK trade deal and its impact on EU, global Trade

Valdis Dombrovskis, European Economic Commissar Valdis Dombrovskis stated on Monday that the European Commission will be analysing the implications of the United States-Britain trade agreement struck last...

United States
May 12, 2025

France announces that the European Commission is working to tighten sanctions against Russia after leaders' requests

France announced on Monday that leaders who met on Ukraine at the weekend asked the European Commission for new "massive sanctions" against Russia's financial and oil sectors...

United States
May 12, 2025

What is in the Republican health and tax plan and what's not?

Republicans in Congress released the first drafts of a sweeping package to reduce taxes and spend less, which would satisfy President Donald Trump’s call to do so....

United States
May 12, 2025

Source: Blackstone is in negotiations to purchase utility TXNM

A person familiar with this matter told me on Monday that the infrastructure investing arm of asset management Blackstone has been in discussions to purchase TXNM Energy...

Germany
May 12, 2025

Germany proposes a grid fee reform to better suit renewables

The German network regulator started Monday a formal procedure to rethink electricity grid fees, with the goal of a system that is better suited for renewable energy....

United States
May 12, 2025

US House Budget Bill seeks to spend more than $1.5 Billion for Strategic Petroleum Reserve

The U.S. House Committee released a proposed budget that included more than $1.5billion to replenish and maintain Strategic Petroleum Reserve. It also cancelled a sale mandated by...

Australia
May 12, 2025

Codelco, Rio Tinto and other copper mining companies are stepping up their efforts to develop a copper "mining district" in Chile

Codelco, a Chilean copper miner, and Rio Tinto, a global mining company will work together to create a "mining district" for copper around their Nuevo Cobre joint...

United States
May 12, 2025

US House Budget Bill seeks to spend more than $1.5 Billion for Strategic Petroleum Reserve

The U.S. House Committee released a proposed budget that included more than $1.5billion to replenish and maintain Strategic Petroleum Reserve. It also cancelled a sale mandated by...

Africa
May 12, 2025

Sources: Attacks on Burkina army bases and villages kill dozens

Sources said that an attack on a Burkina Faso military base killed several soldiers while another assault in the southern part of the country left dozens dead...

Italy
May 12, 2025

Terna and IPTO Sign 2-Billion-Euro Deal on Italy-Greece Power Connection

Italian power grid operator Terna, and its Greek counterpart IPTO have signed a deal for a new underwater electricity interconnector that will connect Italy with Greece. The...

India
May 12, 2025

Tata Steel India beats its quarterly profit forecasts on lower expenses

Tata Steel reported on Monday a higher-than-expected quarterly profit, thanks to a drop in input costs. The consolidated net income of the company grew by more than...

United States
May 12, 2025

Budget proposal by the US House of Representatives targets climate and clean energy cuts

U.S. House lawmakers laid out plans on Sunday to phase out key clean energy tax credits, as well as slash billions in spending related to electric vehicles...

United States
May 12, 2025

Roche expands its US presence by $700 Million in North Carolina

Roche Group announced on Monday it will invest over $700 million into a new manufacturing facility in North Carolina. The company is the latest to expand their...

Iraq
May 12, 2025

Official: Iraq will reduce crude oil exports to the United States in May and June

Iraq will export 3.2m barrels of crude oil per day in May and in June, according to an Iraqi official who is familiar with the situation. This...

South Asia
May 12, 2025

Gold drops over 2% after US and China strike tariff agreement

Gold, the safe-haven asset, fell by more than 2% Monday after a risky sentiment took hold following the announcement of the temporary tariff reduction agreement between the...

China
May 12, 2025

While Brazilian President visits China, a $1 billion sustainable fuels deal is announced

Brazil announced two Chinese partnership on Monday. One of them was a $1 billion investment from China's Envision Energy in the production of sustainable aviation fuel. This...

Fossil Fuels
May 12, 2025

The Russian central bank believes that oil prices will stabilize at $60 per barrel

The minutes of the April 25th board meeting published by the Russian central bank on Monday show that it believes oil prices will stabilize at $60 per...

China
May 12, 2025

China Minmetals unit bids for Australian miner to target global potash assets

Yankuang Energy, a coal miner owned by China Minmetals, announced on Monday that a unit of the state-owned company plans to invest $300m to purchase Australian potash...

United States
May 12, 2025

Oil jumps and soy increases as US-China tariffs pause brings relief

Oil prices rose more than 3% Monday, while soybeans were trading at their highest level in three months. This was after the United States paused tariffs on...

Africa
May 12, 2025

Sierra Leone's biggest diamond miner closes, with more than 1,000 employees laid off

Koidu Limited has stopped operations in Sierra Leone and laid off almost its entire workforce, which consists of over 1,000 local employees, following a long-running dispute about...

Mexico
May 12, 2025

Trump's trade tariffs and threats

On Monday, the United States and China will meet The two sides have agreed to reduce reciprocal tariffs temporarily As the two largest economies in the world...

China
May 12, 2025

Sources say that US customers will be able to obtain Chinese permits for rare earths more easily following the trade truce.

After Monday's truce in the trade war, it is likely that U.S. clients will have an easier time obtaining approval for rare earth export permits from Beijing....

Iran
May 12, 2025

Russell: China's rebound in crude oil imports has more of a bearish tone than a bullish one.

China's crude oil imports have been positive for the first few months of this year. However, rather than being a sign that fuel demand is improving, the...

United States
May 12, 2025

NRG Energy invests $12 billion in assets to meet growing demand for power

NRG Energy announced on Monday that it will acquire power generation assets in a cash and stock deal valued at 12 billion dollars from energy infrastructure investment...

Iran
May 12, 2025

Tehran: Iran is getting ready for a visit by Russian President Vladimir Putin

Fatemeh Mohajerani, the Iranian government's spokesperson, was quoted as saying by Russia's official RIA news agency on Monday. Mohajerani, as quoted by RIA, said that "Putin’s trip...

United Arab Emirates
May 12, 2025

Guinea cancels the bauxite bauxite concession granted to Kebo Energy SA

Guinea has cancelled the bauxite concession that Kebo Energy SA was granted because it failed to make promised investments. This is according to a state-run television broadcast....

Australia
May 12, 2025

Sumitomo Metal buys 30% stake in Rio Tinto's Winu copper and gold project in Australia

Sumitomo Metal Mining, a Japanese company, announced on Monday that it had agreed to purchase a 30% stake from Rio Tinto in the Winu Copper-Gold Project in...

Switzerland
May 12, 2025

London Stocks Gain after US-China Agreement on Tariff Reductions

The main British indexes rose along with global markets on Monday after the United States agreed to temporarily lower tariffs. This eased investor concerns over the trade...

China
May 12, 2025

US-China trade agreement boosts industrial metals

Prices of industrial metals rose on Monday, as fears about growth and demand eased. This was after China and the United States reached an agreement to reduce...

South Korea
May 12, 2025

CTK reports that the EU has asked Czechs to delay signing contract for nuclear power plants.

Czech news agency CTK, citing an official letter sent to the Czech industry ministry, reported that the European Commission had asked the Czech Republic not to sign...

India
May 12, 2025

India's PVR Inox reports wider quarterly loss due to a tepid movie slate and sluggish spending in urban areas

PVR Inox reported a larger quarterly loss on Sunday, as the lacklustre lineup of new films and low urban spending dampened attendance. The company formed by the...

Indonesia
May 12, 2025

13 dead in explosion during Indonesian ammunition disposal

Officials from the Indonesian army told local media that 13 people were killed in an explosion during the disposal of expired military ammo in West Java, Indonesia,...

France
May 12, 2025

French nuclear waste project could cost as much as $42 billion, according to agency

The National Nuclear Waste Agency said that the new French nuclear waste storage project will cost between 26 billion euro ($28.93 billion), and 37.5 billion euro, an...

Bahrain
May 12, 2025

Gulf Stock Markets extend gains following US-China Trade Agreement

The Gulf stock markets were up early Monday morning, buoyed both by the rising oil price and progress in U.S. China trade negotiations. This was a positive...

China
May 12, 2025

China tightens control on strategic mineral exports

China announced on Monday it would tighten controls on the entire supply chain of strategic mineral exports in an effort to maintain its dominance over materials that...

United States
May 12, 2025

Gold drops 3% after US and China agree to reduce reciprocal tariffs

Gold fell 3% on Monday, reaching a new low of more than a week after the U.S. announced that it and China had agreed to cut reciprocal...

China
May 12, 2025

Iron ore prices rise as US and China cut tariffs

Iron ore prices rose on Monday, as investor sentiment was lifted by the agreement between two of the largest economies in world to reduce reciprocal tariffs. On...

Switzerland
May 12, 2025

HESTA Pension Fund Exits Australia's Mineral Resources Citing Governance Concerns

HESTA, an Australian pension fund, announced on Monday that it sold the remaining stake in Mineral Resources founded by billionaire Chris Ellison. The reason given was "serious...

Germany
May 12, 2025

Salzgitter's performance is affected by the subdued economy in Europe. A tariff threat is looming.

Salzgitter's first-quarter earnings were below analyst expectations, due to the subdued economy in Europe and Germany. Birgit Potrafki, Chief Financial Officer of the company, said that "the...

Switzerland
May 12, 2025

Cobalt Holdings to raise $230 Million in London Listing

Cobalt Holdings announced on Monday that it intends to raise $230,000,000 through a global offering and possibly list its shares at the London Stock Exchange. The company...

United States
May 12, 2025

Andy Home: A gallium-lens on China's mineral dominance, and how to end it

Since China began restricting the exports of exotic metals in August 2023, the price of gallium is on an upward trend. It is not surprising that China...

United Kingdom
May 12, 2025

Prices of oil rise after US-China trade talks calm market fears

The oil prices increased on Monday, after both sides of the U.S. and China trade talks announced their progress over the weekend. This lifted the market's sentiment...

China
May 12, 2025

The devil is in the details.

Wayne Cole gives us a look at what the future holds for European and global markets. Choose from "substantial", "constructive", a "first step", a "reached an important...

China
May 12, 2025

Metals prices rise after 'constructive US-China trade discussions

The price of base metals increased on Monday, as progress in U.S. China trade talks reduced global recession concerns. However, details of any possible deals are still...

South Asia
May 12, 2025

Gold drops as US-China positive talks erode safe haven appeal

Gold fell on Monday, as investors shifted away from safe-haven assets to riskier investments due to the positive signals generated by U.S. China trade talks. As of...

China
May 12, 2025

Progress in Sino-US Trade Talks Lifts Sentiment

Investor sentiment was lifted by "substantial progress," in the trade talks between China and the United States, the two world's largest economies. On Sunday, the U.S.-China high-stakes...

China
May 11, 2025

Metals prices rise after 'constructive US-China trade discussions

The price of base metals rose on Monday, as progress in U.S. China trade talks helped ease global recession concerns. However, details of any possible deals are...

Iran
May 11, 2025

Russell: China's rebound in crude oil imports has more of a bearish tone than a bullish one.

China's crude oil imports have been positive for the first few months of this year. However, rather than being a sign that fuel demand is improving, the...