Latest news

United Kingdom
May 1, 2025

US LNG exports equal monthly record in April

LSEG data show that the United States equaled the record of the highest volume of liquefied gas exported in April as the capacity increased due to the...

United States
May 1, 2025

DTE Energy's quarterly profits rise on the strength of its gas and energy trading

DTE Energy announced increased first-quarter profits on Thursday. This was aided in part by its strength in the gas and energy trading segment. It also said it...

United States
May 1, 2025

US: Minerals deal will strengthen Trump's position in negotiations with Russia

Kyiv, Washington and other Ukrainian officials hailed the deal that gives the United States a preferential access to minerals in Ukraine as a major milestone. A top...

Switzerland
May 1, 2025

Investors assess mixed corporate earnings as FTSE 100 falls

Investors weighed a mixed bag corporate earnings amid hopes that trade tensions between China and the U.S. will ease. Rolls-Royce, the maker of jet engines, was one...

Japan
May 1, 2025

Xbox and PlayStation both raise console prices in response to U.S. tariffs

Microsoft's Xbox has increased the price of its consoles, controllers and first-party games, as well as other accessories. This follows similar actions by competitors, due to U.S....

United States
May 1, 2025

The US House of Representatives votes to ban California's 2035 electric vehicle plan

The U.S House of Representatives has voted to block California's historic plan to stop the sale of only gasoline vehicles by 2035, which was adopted by 11...

United States
May 1, 2025

US Ex-Im Bank reverses ban on coal lending abroad, observers say

Three people who attended the meeting said that the board of the U.S. Export-Import Bank voted to reverse a long-standing restriction on lending for coal projects abroad....

United States
May 1, 2025

White House rejects Chamber's call for tariff relief for small businesses

The White House rejected an attempt on Thursday to provide immediate relief to small U.S. businesses from tariffs. It said that these companies would benefit from the...

United Kingdom
May 1, 2025

Wall Street jumps with tech boost; yen falls on BOJ gloom

Gold prices fell and Wall Street stocks rose on Thursday, as investors' risk appetite was boosted by solid earnings reports from the big tech companies. The Nasdaq,...

United States
May 1, 2025

EIA delays US Natural Gas Weekly Storage Report

In a tweet posted on X, the U.S. Energy Information Administration announced that it would delay its weekly report on natural gas storage in the United States....

Japan
May 1, 2025

QatarEnergy talks LNG long-term supply agreement with Japan

Five trading and industry insiders have confirmed that QatarEnergy is in negotiations with Japanese companies for a long term deal to supply LNG through its North Field...

Kuwait
May 1, 2025

Kuwait cracksdown on cryptocurrency mining amid power crises

Kuwait has launched an offensive against cryptocurrency miners, which it believes are a major cause of the power crisis leading to blackouts. The authorities want to relieve...

United States
May 1, 2025

Utility Pinnacle West suffers a quarterly loss due to higher costs

Pinnacle West Capital, a U.S. utility company, reported a loss for the first quarter of this year due to higher interest and operating costs. New power plants...

United States
May 1, 2025

US construction spending drops in March

U.S. construction expenditures unexpectedly declined in March, amid large declines in both private and public outlays. Census Bureau of the Commerce Department reported on Thursday that construction...

United States
May 1, 2025

US: Minerals deal will strengthen Trump's position in negotiations with Russia

Kyiv, Washington and other Ukrainian officials hailed the deal that gives the United States preferential rights to access new Ukrainian minerals on Thursday as a major milestone....

Japan
May 1, 2025

Third Point has stake in U.S. Steel and sees credit opportunities, a letter states

Third Point hedge fund owns "meaningful" stakes in U.S. Steel, and it expects the merger between Nippon Steel of Japan and U.S. Steel to proceed. In a...

United Kingdom
May 1, 2025

Elche's stadium cleanup act bans sunflower seeds snacks

Elche, a Spanish club, has decided to break tradition and ban the sale and consumption sunflower seeds on their own ground. Cleaning up the shells that fans...

United States
May 1, 2025

Southern Co's retail sales beat first-quarter estimates

Southern Co, a power company in South Carolina, beat Wall Street expectations for its first-quarter profits on Thursday. This was due to an increase in retail electricity...

United States
May 1, 2025

PBF Energy reports quarterly loss amid maintenance and turnaround activities

PBF Energy, a U.S. refiner, posted a loss for the quarter on Thursday as compared to a profit from last year. The fire at the Martinez refinery...

United Kingdom
May 1, 2025

Wall Street to benefit from tech boom, but yen falls on BOJ gloom

Wall Street was higher on Thursday. The dollar, which had been dragged down by gloomy Bank of Japan forecasts, also rose, as signs emerged that the so-called...

United States
May 1, 2025

Fortive, a manufacturer of industrial products, forecasts a 2025 profit due to tariff issues

Fortive forecasted 2025 profits below Wall Street expectations, citing possible impacts from tariffs. The industrial products maker's share price fell more than 5% before the market opened...

United States
May 1, 2025

Dominion exceeds its quarterly power demand estimates for Virginia and South Carolina

Dominion Energy, a U.S. utility company, reported a first-quarter profit and revenue that exceeded Wall Street's expectations on Thursday. This was due to lower interest rates and...

Ukraine
May 1, 2025

Ukraine reduces power imports 31% from March to April, according to a consultancy

ExPro, an Ukrainian consultancy, said that the warm weather in March had led to an increase of 11% in electricity imports in Ukraine. This was a reduction...

United States
May 1, 2025

Exelon exceeds its first-quarter profit expectations on higher electricity prices

Exelon, a U.S. utility company, surpassed Wall Street expectations for its first-quarter profits on Thursday. This was largely due to higher electricity rates. Exelon and other U.S....

Canada
May 1, 2025

Canada's Northern Graphite Plans to Put Quebec Mine on Care and Maintenance

Northern Graphite, a Canadian mining company, will place its Quebec facility under care and maintainance, effectively ending production at North America’s only graphite-producing facility, by 2025 if...

United States
May 1, 2025

NYSE-parent ICE exceeds profit expectations in the first quarter on robust trading volume

Intercontinental Exchange announced an increase in its first-quarter profits on Thursday. This was due to the strong trading volume in the energy and options segments. The global...

Ukraine
May 1, 2025

Bessent: US-Ukraine mineral deal signals economic partnership to Russia

Treasury Secretary Scott Bessent stated on Thursday that the U.S. - Ukraine minerals deal represents a full economic relationship, which will enable President Donald Trump negotiate with...

China
May 1, 2025

Russell: Gold is showing signs of consolidation, as investments ease. But Trump is looming.

The gold price has stabilized after surging up to a new record high. There are early signs of consolidation, following the rally sparked by fears over U.S....

Canada
May 1, 2025

Canada's Northern Graphite Plans to Put Quebec Mine on Care and Maintenance

Northern Graphite wants C$10 Million to expand Lac de Iles Mine The Chinese export restrictions on graphite have increased supply uncertainty Northern Graphite claims that if the...

Canada
May 1, 2025

TC Energy's quarter profit misses due to power segment weakness

Canadian pipeline operator TC energy missed analyst's expectations for the first-quarter profits on Thursday due to weakness in its power solutions and natural gas operations, while higher...

Ireland
May 1, 2025

Carrier Global beats quarterly profit estimate, raises 2025 forecast amid strong HVAC demand

Carrier Global beat analysts' estimates for the first-quarter profit and raised its forecast for 2025, anticipating a strong demand for its HVAC products and aftermarket repairs. The...

United States
May 1, 2025

US refiner HF Sinclair posts smaller-than-expected loss in first quarter

U.S. refiner HF Sinclair posted a smaller-than-expected loss in the first quarter on Thursday, supported by sequential improvement in refining margins. The 3-2-1 crack is a spread...

United Kingdom
May 1, 2025

Copper prices rise after a sharp drop on hopes of progress in US-trade talks

Copper prices in London rose on Thursday, as optimism about progress in U.S. trade talks with China, the world's largest consumer of copper and other trading partners...

Germany
May 1, 2025

Pentagon's AI Metals Program goes private to boost Western Supply Deals

The U.S. Department of Defense has transferred control of an artificial intelligence program created by the U.S. Government that predicts the supply and prices of critical minerals...

China
May 1, 2025

Berkshire surpasses the market as Buffett celebrates 60 years at the helm

Berkshire Hathaway's stock has done well during a turbulent year. This weekend, shareholders will seek reassurances from Warren Buffett to ensure that they are in good hands...

India
May 1, 2025

Adani Enterprises' fourth-quarter profits drop on weak coal trading

Adani Enterprises in India, the flagship of the Adani Group reported on Thursday a decline in its fourth-quarter profits, hurt by a weaker performance from its coal...

United States
May 1, 2025

Congo lifts ex-President Kabila’s immunity after accusing him war crimes

The Democratic Republic of Congo is trying to strip Joseph Kabila of his immunity, so that he can be tried on charges of supporting M23 insurgents in...

United States
May 1, 2025

BOJ adds to the growth gloom by causing stocks to stall and yen to slide

The world stock market was in a haze on Thursday following a contraction of the U.S. Economy. However, Wall Street pointed higher and the dollar rose as...

Spain
May 1, 2025

Vice-Prime Minister: The Spanish government should take over grid operators

Yolanda Diz, Spain's Vice-Prime Minister, said that the state should have 100% control over the Spanish grid operator. This was after Spain suffered its worst blackout. Red...

Ukraine
May 1, 2025

Medvedev claims that Trump forced Kyiv into paying for US aid because of the Ukraine mineral deal.

Dmitry Medvedev, a senior Russian security official, said that President Donald Trump forced Kyiv on Thursday to pay for any future U.S. Military aid. The agreement, which...

Saudi Arabia
May 1, 2025

Saudi Arabia's GDP expanded 2.7% in the first quarter

Saudi Arabia's economy expanded in the first quarter thanks to activity in non-oil sectors as the country continues its diversification away from hydrocarbons. Flash estimates released by...

Spain
May 1, 2025

Alcoa's Q2 order book is strong despite tariffs and assessing Spain power risk

Alcoa, the aluminium producer, said that its order book was robust for the second quarter and it had not seen any drop in orders due to U.S....

Australia
May 1, 2025

Rio Tinto reports that 19.35% of its shareholders voted in favor of dual listing review

Rio Tinto announced on Thursday that 19,35% of shareholders voted in favor of a review of their dual-listed company structure. According to UK regulations, the company would...

Ukraine
May 1, 2025

Wall Street Journal, May 1,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy. Tesla board members reached...

South Asia
May 1, 2025

Sources say that India's JSW Steel has difficulties importing coal from Mongolia.

Three sources with knowledge of the situation said that JSW Steel, India’s largest steelmaker in terms of capacity, had hit a roadblock when sourcing coal from Mongolia...

United Kingdom
May 1, 2025

Oil prices steady after US economic contraction and possible Saudi supply increase

The oil prices stabilized on Thursday, a day following a sharp decline caused by the signs that Saudi Arabia may increase its output, and data showing the...

United States
May 1, 2025

What is the status of Ukraine's essential minerals?

Ukraine and the United States signed a deal on Wednesday that was heavily promoted by U.S. president Donald Trump. The agreement will grant the United States access...

Africa
May 1, 2025

IMF lowers its 2025 Middle East and North Africa growth forecast by 2.6% due to global risks

The International Monetary Fund announced on Thursday that it expects the Middle East and North Africa economy to grow only 2.6% by 2025, as uncertainty stemming a...

United Kingdom
May 1, 2025

Sumitomo Corp eyes record profit, creates loss buffer against US tariffs

Sumitomo Corp, a Japanese trading company, forecasted a record-breaking net profit of $4 billion for the current fiscal period and set aside financial buffers to protect against...

China
May 1, 2025

Russell: Gold is showing signs of consolidation, as investments ease. But Trump looms.

The gold price has stabilized after reaching a new record high. There are early signs of consolidation in the wake of a rally fueled by fears about...