Latest news

United States
Oct 22, 2025

FirstEnergy's strong demand and higher rates helped it to beat its quarterly profit forecast.

Utility FirstEnergy on Wednesday beat Wall Street expectations for the third-quarter profits, thanks to higher electricity rates and commercial and residential demand. Data centers, which are power...

Brazil
Oct 22, 2025

Brazil's Eletrobras now known as Axia Energia

The Brazilian power company Eletrobras has announced that it will change its name from Eletrobras to Axia Energia. This is a move it says won't affect any...

United States
Oct 22, 2025

Netflix and gold stocks fall as Gold continues to decline

On Wednesday, gold prices fell again, just a day after it had experienced its biggest single-day decline in five years. Most major stock indices also declined, with...

Portugal
Oct 22, 2025

Brazil keeps $4 billion after partial victory on Tupi Field dispute

The Solicitor General's Office announced on Wednesday that Brazil had won a partial win in an international dispute over the Tupi oilfield, against a Petrobras-Shell-Petrogal consortium. This...

Mineral Resources
Oct 22, 2025

Gold continues to fall as investors take profits before US inflation data

Investors booked profits before the U.S. key inflation data that is due this week, which will determine whether gold prices are still rising or falling. As of...

Poland
Oct 22, 2025

Orange Polska announces a worse-than expected Q3 profit decrease

Orange Polska reported a 10% worse than expected decline in its net profit for the third quarter due to increased finance costs. However, it confirmed its guidance...

Mineral Resources
Oct 22, 2025

Gold continues to fall as investors take profits before US inflation data

Investors booked profits before the U.S. key inflation data that is due this week, which will determine whether gold prices are still rising or falling. As of...

Carbon Emissions
Oct 22, 2025

EU to set price controls on new carbon market

In a letter to the European Union's climate chief, it was revealed that the EU is working on measures to control the prices of its new carbon...

Belgium
Oct 22, 2025

Belgium considers energy limits to power data centres that are consuming a lot of electricity as AI demand increases

The Belgian grid operator said it could limit the amount of electricity allocated to data centres in order to protect other industrial users. This was due to...

Australia
Oct 22, 2025

Netflix and stocks are mostly down as gold prices continue to fall

Gold prices fell again on Wednesday. This comes a day after gold spot experienced its biggest single-day decline in five years. Major stock indexes were mostly down,...

United States
Oct 22, 2025

Oil prices remain low, and so do the deals for upstream oil and natural gas.

Enverus, an analytics firm, said that the persistently low crude oil prices in the US upstream oil sector impacted merger and acquisition activity during the third quarter....

Africa
Oct 22, 2025

Vice President: Gabon does not plan debt restructuring but is focused on growth.

Vice President of Gabon said that the country is not contemplating a debt restructuring, or reprofiling. Instead, it is recalculating its GDP to make the debt-to-GDP more...

Canada
Oct 22, 2025

TSX rebounds with energy and tech stocks leading gains

Canada's main index of stocks rebounded Wednesday after the previous session saw the largest single-day decline since April. Energy and technology shares were the leading upward movement....

Switzerland
Oct 22, 2025

UN chief warns that the rules-based trading system is at risk of being derailed.

The United Nations chief said that tariffs were a major problem for the global trade system, and the developing countries were the worst affected. The rules-based system...

Austria
Oct 22, 2025

Western retail demand for Gold soars amid rush for Hard Assets

Gold is gaining in popularity at London's Hatton Garden. Diamonds were once the main attraction, but gold has now taken over. Customers are flocking to the famous...

United Kingdom
Oct 22, 2025

UK data center spend will soar to PS10billion a year, Barbour ABI

Barbour ABI, a construction data company, has conducted an analysis that shows the spending on new UK data centers will increase to 10 billion pounds per year...

Hungary
Oct 22, 2025

Hungary begins talks with United States on nuclear fuel purchase

Hungarian Foreign Ministry Peter Szijjarto told state news channel M1 on Wednesday that Hungary would start discussions on buying nuclear fuels from the United States in order...

United States
Oct 22, 2025

USTR Greer and Treasury's Bessent to travel to Malaysia for discussions with Chinese counterparts

U.S. trade representative Jamieson Greer announced that he and Treasury secretary Scott Bessent would be heading to Malaysia on Tuesday to meet with Chinese officials to discuss...

Mineral Resources
Oct 22, 2025

Gold continues to fall as investors take profits before US inflation data

Investors booked profits before the U.S. key inflation data that is due this week, which will determine whether gold prices are still rising or falling. As of...

United Kingdom
Oct 22, 2025

After the Ukrainian attack, Russia will ask its reservists for help in defending refineries

The top brass of the Russian army said that it will use reserve soldiers to protect civilian infrastructure, such as oil refineries, after an increase in drone...

Climate Change
Oct 22, 2025

Draft shows that EU leaders are open to lowering the new climate targets in the future.

Draft conclusions from a summit held on Thursday revealed that European Union leaders wanted a revision clause to be included in the new climate change goal of...

Italy
Oct 22, 2025

Russia assumes the new owner of UGC, a gold producer, will buy out small investors

An official of the Russian government said that Moscow assumed on Wednesday that the new owner, UGC, the gold producer would be required to buy out minority...

United States
Oct 22, 2025

US chemical companies set to have another poor quarter due to China's supply glut and tariffs

The U.S. Chemical industry is likely to report another quarter of low earnings, as tariffs and Chinese overcapacity continue to squeeze margins. LyondellBasell, Dow, Sherwin-Williams, Celanese, and...

United States
Oct 22, 2025

McGeever: Investors are hearing Powell clearly because Treasury yields have plunged.

The decline in Treasury yields against the backdrop of record stock prices, tight spreads on credit and persistent inflation suggest that investors have accepted Federal Reserve Chairman...

Czech Republic
Oct 22, 2025

Sources say that Thyssenkrupp and Jindal Steel will deepen TKSE due diligence in the next week.

Two people familiar with this matter have confirmed that Germany's Thyssenkrupp is going to start giving India Jindal Steel International greater access to the financial details of...

Climate Change
Oct 22, 2025

UN Secretary-General: Global warming pushes the planet to its brink

On Wednesday, UN Secretary General Antonio Guterres said that global warming was pushing the world to the edge and called on countries to implement disaster alert systems...

United States
Oct 22, 2025

Saudi Arabian crude exports reach a six-month high during August

Data from the Joint Organizations Data Initiative showed that Saudi Arabian crude oil exports rose in August to their highest levels in six months. Crude exports rose...

United States
Oct 22, 2025

Gold miners to reap bumper profits following bullion's record rise

Investors are waiting for the latest updates from top producers Newmont, Barrick, and other gold miners to see if they can deliver a stellar third quarter earnings....

Germany
Oct 22, 2025

Sources say that Thyssenkrupp and Jindal Steel will deepen TKSE due diligence in the next week.

Two people familiar with this matter have confirmed that Germany's Thyssenkrupp is going to start giving India's Jindal Steel International greater access to the financial details of...

Pollution
Oct 22, 2025

UN warns that the UN is moving too slowly to combat super-warming methane gases ahead of COP30

The UN warned that almost 90% of methane leaks detected by satellite and reported to governments, oil companies and other organizations are not acknowledged. This comes ahead...

India
Oct 22, 2025

Gold prices fall over 2% as dollar firms and investors book profits

The gold prices continued to decline on Wednesday after their steepest daily drop since 2020 the previous session. An initial recovery was followed by renewed selling as...

United States
Oct 22, 2025

GE Vernova profit beats estimates on strong equipment orders, rising power demand

GE Vernova beat Wall Street expectations for the third quarter profit on Wednesday. This was due to robust equipment orders, and a surge in power demand from...

Ukraine
Oct 22, 2025

Kazakh Minister says fuel prices will remain frozen until at least the spring and blames Ukraine War Fallout

The Kazakhstani economy minister announced on Wednesday that a price freeze would be in effect until "at least next spring". He said that this was due to...

United States
Oct 22, 2025

GE Vernova reports third-quarter profits on demand for power equipment

GE Vernova reported a profit for the third quarter on Wednesday. This was largely due to a strong performance from its electrification and power equipment units. According...

Canada
Oct 22, 2025

TSX Futures Fall as Precious Metals Extend Losses

Futures tied to Canada's main resource-heavy stock index declined on Wednesday, following a sharp drop in the previous session. The decline was attributed to continued weakness in...

Canada
Oct 22, 2025

Teck's profits beat forecasts on higher metal prices and the Anglo-Teck merger is on track

Teck Resources surpassed third-quarter profit expectations on Wednesday. The higher copper and zinc price helped, but production at the Quebrada Blanca Copper Mine in Chile was still...

Panama
Oct 22, 2025

New Mexico villages still facing flooded homes and poisoned water wells after wildfire

When it rains, Victoria Lovato’s ranch in northern New Mexico is flooded by three muddy torrents. The torrents are the result of New Mexico’s largest wildfire ever...

United States
Oct 22, 2025

Gold prices continue to fall as dollar firms and investors make profits

The gold prices continued to decline on Wednesday after their steepest daily drop since 2020 the previous session. An initial recovery was followed by renewed selling as...

China
Oct 22, 2025

Aluminum prices rise to highest level since June 2022 due to supply concerns

On Wednesday, aluminium prices reached their highest level in over three years due to fears of shortages as well as hopes for a U.S.-China trade agreement. The...

Africa
Oct 22, 2025

Investors mix up the major Gulf markets as they look for earnings; FAB boosts Abu Dhabi

The major Gulf stock markets were mixed early on Wednesday as investors awaited the release of earnings reports. However, Abu Dhabi's index rose on the back of...

Poland
Oct 22, 2025

Minister says JSW Poland will not receive energy fund contributions back

The Polish finance minister announced on Wednesday that the state-controlled coal firm JSW could not get back the 1.6 billion Zlotys (412 million dollars) it had paid...

Japan
Oct 22, 2025

Sources say that the new Japanese PM is planning a large-scale economic stimulus in order to combat inflation.

Sanae Takaichi, the new Japanese Prime Minister, is working on an economic stimulus package which is expected to be larger than last year's $92billion to help families...

United States
Oct 22, 2025

Gold gains ground amid uncertainty and rate outlook

The gold price slightly recovered on Wednesday after the sharpest drop since 2020 the previous session. Investors bought on the dip amid economic uncertainty and the expectation...

China
Oct 22, 2025

Shanghai copper falls on weak China demand and strong dollar

Shanghai copper fell on Wednesday as traders lost confidence due to a weak Chinese demand, high prices, and a strong US dollar. The Shanghai Futures Exchange's most...

China
Oct 22, 2025

Iron ore prices rise on the back of bets that US-China tensions will ease

Iron ore prices rose on Wednesday as traders bet that trade tensions between the U.S. and China would ease and Beijing would unveil more stimulus measures for...

China
Oct 22, 2025

Malaysia is seeking foreign partners to develop the rare earth sector. State media reports

Malaysia welcomes foreign companies to form joint ventures to develop rare Earths in the nation, according to state media on Wednesday. The report was based on the...

Japan
Oct 22, 2025

Sources say that the new Japanese PM is planning a large-scale economic stimulus in order to combat inflation.

Sanae Takaichi, the new Japanese Prime Minister, is working on an economic stimulus package which is expected to be larger than last year's $92billion to help families...

Sweden
Oct 22, 2025

Miner Boliden's Q3 earnings beat market estimates

Boliden reported that its core earnings for the third quarter were lower than expected due to higher precious metal prices. The Swedish miner also reiterated its investment...

Norway
Oct 22, 2025

Norway's wealth fund increases net zero emissions pressure amid US climate rollback

Norway's $2 trillion fund, which invests in companies, is increasing pressure to reduce greenhouse gas emissions by net zero in 2050. This stands in stark contrast to...

Scandinavia
Oct 22, 2025

Sweden's SSAB exceeds earnings expectations in the third quarter

SSAB, a Swedish steelmaker, reported a higher-than-expected rise in its operating profit for the third quarter on Wednesday. This was despite a cautious atmosphere on the European...