Latest news

Australia
Feb 25, 2025

Lynas Rare Earths profits plunge, but misses consensus over high costs and weak prices

Australia's Lynas Rare Earths reported a steeper-than-expected drop in its first-half profit on Wednesday, hurt by weak market prices for the metals due to subdued demand from...

Crude Oil
Feb 25, 2025

Wall Street closes mixed with European shares gaining; US yields and dollar falling

On Tuesday, two major Wall Street indices experienced their fourth consecutive decline as Treasury yields and dollar fell on signs of a slowing U.S. economy and uncertainty...

Belgium
Feb 25, 2025

Lucid CEO steps down; company expects production of vehicles to double in this year

Lucid Group, a maker of electric vehicles, announced on Tuesday that its Chief Executive Officer Peter Rawlinson would step down. The company also forecasted a more than...

Colombia
Feb 25, 2025

Colombia's Petro names the interior minister as the energy minister leaves in a reshuffle

Sources within the office of President Gustavo Petro confirmed on Tuesday that Armando Benedetto has been named as Colombia's new Interior Minister. This confirms his place in...

United States
Feb 25, 2025

Sources say that Zelenskiy will travel to the US to meet Trump to discuss a mineral deal.

Two sources familiar with the matter confirmed on Tuesday that Ukrainian President Volodymyr Zelenskiy will travel to Washington, D.C. on Friday to meet U.S. president Donald Trump....

Crude Oil
Feb 25, 2025

Wall Street US yields fall amid uncertainty about Trump and growth; euro gains

The major Wall Street indexes fell on Tuesday. The tech-heavy Nasdaq hit a six-week low as Treasury yields plunged amid signs of a slowing U.S. economy and...

Italy
Feb 25, 2025

Saipem, an Italian company, reinstates its dividend before merging with Subsea 7.

Italian energy contractor Saipem has announced that it will resume dividend payments after a 4-year hiatus. The group announced that it would pay out 333 million Euros...

Africa
Feb 25, 2025

In the Democratic Republic of Congo, 50 people have died from two clusters of unknown illnesses

The World Health Organization reported on Tuesday that more than 50 deaths have occurred in the past two weeks, in two clusters of illnesses with an unknown...

Italy
Feb 25, 2025

Companies are urged to contribute to a new UN fund for nature protection

A dedicated fund launched by the U.N. at a conference in Rome on Tuesday was a reminder to companies that use genetic coding to create products, ranging...

Africa
Feb 25, 2025

Eastern and Southern African blocs consider deployment in eastern Congo

According to a document that was seen on Tuesday, countries in Eastern and Southern Africa are considering the possibility of sending troops to secure eastern Democratic Republic...

United States
Feb 25, 2025

EIA: US coal-fired electricity retirements will double by 2025

The Energy Information Administration announced on Tuesday that U.S. power producers plan to retire about 8.1 gigawatts of coal-fired generation capacity in 2019. This would be roughly...

Italy
Feb 25, 2025

UAE's e& will sell a 40% stake in Khazna, a data center company for $2.2 billion

UAE telecoms group e& announced on Wednesday it had agreed with artificial intelligence company G42 to sell its 40% share in Khazna Data Center Holdings, for $2.2...

United States
Feb 25, 2025

Alcoa warns Trump’s aluminum tariff may cost US jobs 100,000

Alcoa, the aluminum producer, said that President Donald Trump's plan of imposing a tariff on imported aluminum could cost around 100,000 U.S. workers and wouldn't be enough...

United States
Feb 25, 2025

Pinnacle West's quarterly revenue increases at higher rates

Pinnacle West Capital Corp announced a growth in revenue for the fourth quarter on Tuesday. The utility was boosted by higher rates and new customers. The company's...

Scandinavia
Feb 25, 2025

Arctic doomsday vault receives more than 14,000 samples

The vault, which stores food crops seeds from all over the world in caves created by humans on an isolated Norwegian Arctic island, will receive 14,000 more...

India
Feb 25, 2025

India's UltraTech Cement will spend $206 Million to enter the cable and wires business

UltraTech Cement will invest 18 billion rupees (206 million dollars) in a new wires and cable business to strengthen its position in the construction materials industry, the...

United States
Feb 25, 2025

LME Copper edged down, but tighter key spread was in focus

The price of copper in London dipped on Tuesday, after U.S. president Donald Trump reiterated the import tariffs he planned to impose on Canada and Mexico. Meanwhile,...

Africa
Feb 25, 2025

Botswana, De Beers sign long-delayed diamonds deal

The Botswana government signed on Tuesday a long delayed diamonds sales contract with Anglo American's De Beers unit, expressing the hope that it will create jobs in...

Hong Kong
Feb 25, 2025

China's total gold imports through Hong Kong in January hit a near three-year high

Hong Kong Census and Statistics Department figures released on Tuesday show that China's total imports of gold via Hong Kong fell by 44.8% in January compared to...

United States
Feb 25, 2025

EU to support steel industry as US tariffs threaten

The EU Commission said on Tuesday that it would present plans in spring to protect Europe's steel industry from the looming U.S. tariffs and make it more...

Africa
Feb 25, 2025

Shares rise as oil is found in Mopane's Galp new well

The Portuguese oil company Galp announced on Tuesday that it had discovered significant amounts of light oil and condensate gas in a well at Namibia's Mopane Field,...

South Asia
Feb 25, 2025

Palm oil prices rise on the back of strong Chicago soyoil and low production

The price of Malaysian palm oils futures rose on Tuesday. This was due to a weak outlook for production in February, and the strength of Chicago soyoil....

China
Feb 25, 2025

Japanese auto industry asks for government assistance against US tariffs

The Japan Automobile Industry Association urged the Japanese government to protect Japanese automakers against tariffs the United States could impose on autos and auto parts imported from...

England
Feb 25, 2025

Arteta says he will not give up the title race despite his death.

Mikel Arteta, the Arsenal manager, said that his team will not give up the Premier League race for the title despite falling further behind the leaders Liverpool...

Scandinavia
Feb 25, 2025

Arctic doomsday vault receives more than 14,000 samples

The vault, which stores food crops seeds from all over the world in caves created by humans on an isolated Norwegian Arctic island, will receive 14,000 more...

Saudi Arabia
Feb 25, 2025

IFR reports that Saudi Arabia has set a price guide for its first green bond.

The fixed income news service IFR announced on Tuesday that Saudi Arabia had set its initial price guidance for the euro-denominated green bond issued in the country's...

South Asia
Feb 25, 2025

Blume Ventures report suggests that India's quick-commerce industry may struggle to maintain its current growth.

According to a Blume Ventures report, India's fast-growing quick-commerce industry may struggle to keep up its current growth rate as the sector is limited in terms of...

Africa
Feb 25, 2025

Malaysia's Petronas reports a profit decline in 2024 due to global volatility and lower oil prices

Malaysia's Petroliam Nasional Bhd, the state-owned energy company, reported a decline in profits in 2024, compared with a year earlier, due to global volatility, lower oil prices,...

India
Feb 25, 2025

The Kremlin has said that Russia has a lot of rare earths metals the US requires and is willing to cooperate

After President Vladimir Putin hinted at the possibility of such a collaboration with the United States, the Kremlin announced on Tuesday that Russia has many rare earth...

South Asia
Feb 25, 2025

Sources say that India may extend the import restrictions on raw steelmaking material.

Two sources say that India could extend its restrictions on imports of low-ash metallurgical coke or metcoke to encourage steel mills in India to source their steelmaking...

Spain
Feb 25, 2025

Moeve, the Spanish oil company, is on the rise.

Moeve, the second largest oil company in Spain, which was formerly Cepsa said it turned a profit on Tuesday, thanks to growing earnings from its energy and...

United States
Feb 25, 2025

Google's battle over Android Auto access is lost as EU court supports Italian watchdog

The refusal of Alphabet's Google to let an emobility app created by Enel to access its Android Auto platform could be deemed an abuse of market power,...

China
Feb 25, 2025

South Korea's political turmoil forces companies to act on their own tariff issues

South Korea's leaders of business are taking steps to counteract the aggressive trade policies of U.S. president Donald Trump. They have hired his former aides, and they...

Ukraine
Feb 25, 2025

Reports from RIA: Russia arrests teenager suspected of helping Ukraine to target the Ryazan Oil Refinery with drones

The Russian news agency RIA reported that Russian authorities detained a boy aged 17 for gathering intelligence in order to assist Ukraine in targeting the Russian oil...

Germany
Feb 25, 2025

In Q1, Uniper will repay $2.7 billion in state aid to the bailout company

Uniper announced on Tuesday that it will pay the German Government 2.6 billion Euros ($2.7 billion) during the first quarter. The utility, which has been bailed out...

United States
Feb 25, 2025

Nippon Steel president: Nippon Steel will begin discussions with US Commerce Dept about US Steel bid

Nippon Steel's President Tadashi Imai said that talks will begin with the U.S. Department of Commerce on Tuesday as they aim to revive their bid to buy...

Central Asia
Feb 25, 2025

Hurriyet: Minister tells Hurriyet that Turkey wants to extend the gas supply agreement with Turkmenistan

Alparslan Bayraktar, Turkish Energy minister, told the Hurriyet newspaper on Tuesday that Turkey and Turkmenistan are negotiating a deal to extend the natural gas supply contract for...

South Asia
Feb 25, 2025

Titan targets a 20% increase in its jewellery business by fiscal 2026. Gold rally threatens margin

Titan expects revenue growth up to 20 percent for its mainstay jewelry business in the coming financial year. This is due to demand from Indians who are...

United States
Feb 25, 2025

ET reports that India's Tata Digital TV and Airtel Play are nearing merger.

Economic Times reported that India's Tata Group, and Bharti Group, are on the verge of merging their satellite television businesses. The merger will create a $1.6 billion...

France
Feb 25, 2025

French and Benelux stocks: Factors to watch

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. EUROPEAN CAR SALE/RENAULT: According to industry data...

Australia
Feb 25, 2025

Australia's Treasurer meets US Treasury Bessent in response to a bid for tariff exemption

The Australian Treasurer Jim Chalmers and his U.S. counterpart Scott Bessent will meet on Tuesday in Washington. Canberra is seeking to have the 25% tariffs imposed by...

Italy
Feb 25, 2025

European car sales fall in January, as combustion engine sales declines outweigh electric vehicle gains

Data from the industry showed that new car sales in Europe fell by 2.1% in January, as an increase in registrations of fully electric and hybrid electric...

Australia
Feb 25, 2025

Viva Energy, Australia's largest energy company, drops 25% after weak results and forecast

The shares of Viva Energy Group plunged by 25% on Tuesday to their lowest level ever as the Australian fuel retailer missed its full-year profit forecasts and...

Oil & Gas
Feb 25, 2025

Guyana Set to Sign Oil Exploration Deal with TotalEnergies-Led Group

Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies that will allow it to explore an offshore area, Energy Minister...

Oil & Gas
Feb 25, 2025

ExxonMobil’s Esso, Mitsui and Woodside to Invest $200M in Gas Project Off Australia

ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas...

United States
Feb 25, 2025

Strong refining margins and concerns about supply from Iran sanctions have led to oil gains.

The price of oil rose for the second consecutive day on Tuesday, as new U.S. sanction imposed against Middle Eastern producer Iran raised concerns about a possible...

United States
Feb 25, 2025

London copper prices fall on stronger dollar and tariff risks

London copper prices fell on Tuesday due to a stronger dollar, and worries about metal demand after President Donald Trump announced his tariff plans. As of 0359...

India
Feb 25, 2025

Sources say that RPT-Indian gold imports in February will hit a 20-year-low due to record-high prices.

India's gold exports will drop by 85% from the previous year in February, to their lowest level in 20 years. The demand for the precious metal has...

China
Feb 24, 2025

Iron ore prices fall on the back of a recovery in shipments and duties on Chinese steel

The price of iron ore futures fell on Tuesday due to a rebound in iron ore exports, as well as increased taxes and laws on Chinese steel...

China
Feb 24, 2025

London copper prices fall on stronger dollar and tariff risks

London copper prices fell on Tuesday due to a stronger dollar, and worries about metal demand after President Donald Trump announced his tariff plans. As of 0208...