Latest news

Sri Lanka
Jul 5, 2025

Former Olympic champion Chopra wins Gold at His Eponymous Event

Neeraj, the former Olympic javelin champion, won gold on Saturday in Bengaluru at Kanteerava Stadium. He registered a dominant win with a throw measuring 86.18 meters in...

United States
Jul 5, 2025

As floodwaters recede in Central Texas, 27 people have been confirmed dead

Authorities confirmed that 27 people including nine children were dead following flash floods across central Texas. Rescuers are still searching for survivors, including the dozens of girls...

United Kingdom
Jul 5, 2025

Sky News reports that UK's Octopus energy weighs $14 billion in demerger of Kraken's tech arm.

Sky News reported Saturday that Britain's Octopus energy is nearing the hiring of bankers to oversee an $13.7 billion ($10 billion) separation from its technology arm Kraken...

United Arab Emirates
Jul 5, 2025

Sources say OPEC+ will continue to increase output.

OPEC+ is likely to agree on further accelerating oil production increases at its first Saturday meeting since oil prices jumped and then retreated following Israeli and U.S....

Pollution
Jul 5, 2025

FT reports that the EU is stockpiling critical minerals in response to geopolitical threats.

Financial Times, citing an EU draft document, reported that the European Union intends to stockpile essential minerals to protect against possible supply disruptions caused by geopolitical tension....

United States
Jul 4, 2025

There are at least 13 deaths in Texas flash floods; more than 20 young campers have gone missing

Authorities in Texas said that torrential rains caused deadly flash floods on the Guadalupe River, south-central Texas, Friday. At least 13 people were killed and nearly two...

United States
Jul 4, 2025

Unspecified number of deaths and missing in Texas flash flood

Local authorities report that flash floods caused by torrential rainfall and thunderstorms along the Guadalupe River, in south-central Texas on Friday killed an unknown number of people,...

China
Jul 4, 2025

Sources say that China is investing in the Brazil-led Global Forest Fund

Two people familiar with the negotiations said that China had signaled the Brazilian government it would invest in the Tropical Forests Forever Facility. This is a multilateral...

Turkey
Jul 4, 2025

Karabakh Summit: Regional powers adopt economic integration strategy

Seven leaders from west and central Asia met on Friday and agreed to promote trade liberalisation, increase foreign investment and cooperation in green energy as a way...

Switzerland
Jul 4, 2025

The UK's Lindsey refinery, which is insolvent, has secured some crude oil supply to continue running for the moment

The UK energy ministry announced on Friday that the insolvent Lindsey refinery had secured crude supplies from Glencore to prevent its immediate closure. However, a source with...

Peru
Jul 4, 2025

Peru intensifies its fight against illegal mining and kicks out most informal miners from the permit scheme

The Peruvian government kicked out 50,565 miners from a temporary program which allowed them to continue their operations. Minister Jorge Montero said to a local radio station...

Japan
Jul 4, 2025

Stocks, dollar dip as Trump passes spending bill, trade deal deadline nears

Stocks fell on Friday, as U.S. president Donald Trump passed his tax-cut bill and focused attention on his July 9 deadline to countries to sign trade agreements...

Energy Markets
Jul 4, 2025

VTB Russia expects the rouble to fall to 90 per dollar by 2025

A top VTB executive said that the Russian rouble would weaken to 90 cents against the U.S. Dollar by 2025, due to a fall in the central...

China
Jul 4, 2025

Japan will begin testing mining rare-earth clay from the seabed by early 2026

The head of the government-backed Minamitori Island project announced on Friday that Japan will begin testing mining for rare-earth rich mud off Minamitori Island in January of...

Germany
Jul 4, 2025

As the deadline for a trade agreement nears, stocks and the dollar drop as Trump's budget bill passes.

Stocks fell on Friday, as U.S. president Donald Trump passed his tax-cut bill and focused attention on his July 9 deadline to countries to sign trade agreements...

United States
Jul 4, 2025

Sources say that OPEC+ is set to increase oil production again on Saturday.

Sources from the producer group said that eight OPEC+ nations are likely to increase their oil production for August during a Saturday meeting, in an effort to...

United States
Jul 4, 2025

Health Rounds: Plastic waste can be used to make a widely used pain medication

Researchers have found that common bacteria can convert plastic waste into acetaminophen (an over-the-counter painkiller), which researchers discovered. Acetaminophen is made from fossil fuels, and it's the...

United States
Jul 4, 2025

Copper prices fall as attention shifts towards the U.S. tariff deadline of July 9.

Copper prices fell on Friday, as attention shifted to President Donald Trump’s July 9 deadline for imposing tariffs on countries who have not yet signed trade agreements....

Mining
Jul 4, 2025

Moscow bourse stops trading in Uzhuralzoloto after state demands ownership stake

The central bank of Russia has ordered that the Moscow Exchange suspend trading in shares owned by gold producer Uzhuralzoloto. A Russian court announced on Thursday that...

Singapore
Jul 4, 2025

Sources say that the sale of Panin Bank's stake in Indonesia is stalled due to pricing mismatch.

Three sources familiar with the matter claim that the sale of a majority stake in Bank Pan Indonesia, or Panin Bank, listed on Jakarta's stock exchange by...

United States
Jul 4, 2025

Gold to gain weekly on Dollar weakness and Safe-haven Demand

Gold prices rose on Friday, heading towards a weekly increase. This was helped by the retreat of the U.S. Dollar and inflows into safe-haven assets as President...

China
Jul 4, 2025

China cracks down on price wars as iron ore gains for the second consecutive week

Iron ore futures prices continued to rise on Friday. This was due to a better market sentiment following a call by officials in China, the world's largest...

China
Jul 4, 2025

Prices of copper are at multi-month highs. US tariffs could be imposed on metal.

The London Metal Exchange and Shanghai Futures Exchange saw copper prices fall from their multi-month highs, although SHFE copper posted a gain for the week, as traders...

Africa
Jul 4, 2025

Angola increases diesel prices again to boost public finances

Angola has increased the price of diesel by a third as part its drive to reduce costly subsidies and strengthen public finances. Since 2023, the International Monetary...

United States
Jul 4, 2025

GLOBAL-MARKETS-Stocks dip, dollar in doldrums as Trump's deal deadline approaches

The stock market fell on Friday, despite Wall Street's overnight record highs. Next week is the deadline set by U.S. president Donald Trump for a trade deal....

Poland
Jul 4, 2025

Polish central bank expects the inflation rate to reach target by 2026

The central bank of Poland has predicted that the inflation rate in Poland will reach the target range in the first quarter 2026. This is earlier than...

Italy
Jul 4, 2025

A petrol station explosion in Rome has injured at least nine people

Italian authorities reported that at least nine people were injured, including eight officers of police and one firefighter. The explosion occurred in a petrol station east of...

Germany
Jul 4, 2025

Rhine River shipping is hampered by low water levels despite rain in Germany

Commodity traders reported on Friday that low water levels following a heatwave and drought have prevented cargo vessels from being fully loaded up the Rhine in Germany,...

Chile
Jul 4, 2025

Document from the government shows that India is looking to attract copper mining companies with overseas connections.

India announced a number of measures to increase the production of copper, including encouraging foreign companies to establish smelters in India in exchange for investing in state-owned...

India
Jul 4, 2025

Financials are the top choice for foreign investors in June.

Data from depository institutions showed that foreign portfolio investors (FPIs), who have been buying Indian stocks for three consecutive months, continued to do so in June. Their...

Indonesia
Jul 4, 2025

Indonesian nickel miners ask government to keep mining quota for three years

The Indonesian nickel miners association APNI urged the Indonesian government on Friday to continue mining quotas for a period of three years, to maintain a consistent climate...

United Kingdom
Jul 4, 2025

Cadbury-parent Mondelez calls for delay to EU deforestation law

Cadbury chocolate maker Mondelez wants to delay the deforestation legislation of the European Union by one year, according to a senior executive. Massimiliano di Domenico is the...

Japan
Jul 4, 2025

Dollar in a funk as Trump's deadline for tariffs looms

As the deadline for U.S. president Donald Trump to reach a trade deal looms next week, most Asian equity markets struggled and European stocks appeared set to...

India
Jul 4, 2025

ASIA GOLD - Demand for gold in Asian hubs is muted as prices rise, and Indian discounts are narrowed

The demand for gold in India has decreased due to lower imports. Indian dealers are offering a discount This week, the official domestic prices will be discounted...

China
Jul 4, 2025

China vows to crackdown on price wars as iron ore gains for the second consecutive week

Iron ore futures prices continued to rise on Friday, and are headed for their second weekly gain in a row. This is due to an improved market...

Australia
Jul 4, 2025

Australia commits $283m to Orica's green hydrogen project, as the industry is hesitant

Australia announced on Friday that it will invest A$432,000,000 ($283.82,000,000) in a project to produce green hydrogen, led by Orica. Orica is the largest explosives manufacturer in...

United Kingdom
Jul 4, 2025

Iran commits to nuclear treaty, oil falls

Oil futures dropped on Friday as Iran reaffirmed their commitment to non-proliferation of nuclear weapons and amid expectations major producers will agree to increase their output this...

Indonesia
Jul 4, 2025

Indonesian nickel miners ask government to keep mining quota for three years

The Indonesian nickel miners association APNI urged the Indonesian government on Friday to continue mining quotas for three years, to maintain a consistent climate of business. The...

United States
Jul 4, 2025

US Environmental Agency puts 139 employees on Leave after criticizing Trump's Policies

The U.S. Environmental Protection Agency has placed 139 employees in administrative leave following a letter they signed criticizing President Donald Trump's policy. The letter, titled "Declaration of...

Oil & Gas
Jul 4, 2025

Brazil Plans Additional Offshore Oil Auction for 2025

Brazil plans to hold an additional oil auction this year for uncontracted areas in the pre-salt offshore region after Senate approval of legislation that clears the way...

United States
Jul 4, 2025

Trump signss order raising national park fees for foreign tourists

The President Donald Trump signed a directive on Thursday that will increase the entrance fees for foreign visitors to U.S. National Parks, even though his administration is...

Japan
Jul 4, 2025

Asian stocks tumble, dollar edged down as tariff deadline focused

As President Donald Trump's trade deadline looms next week, most Asian equity markets struggled Friday, despite overnight record highs on Wall Street. As traders weighed the implications...

United States
Jul 4, 2025

Weekly gain in gold heads as US tax cut bill fuels fiscal concerns

Gold was up slightly on Friday and is expected to gain a lot this week as the tax-cutting bill for President Donald Trump passed through Congress. This...

China
Jul 3, 2025

Weekly gains in copper; US tariffs could be on the horizon

The London Metal Exchange (LME) and Shanghai Futures Exchange (SFE) saw copper prices rise for the second consecutive week on Friday despite minor fluctuations. Traders were also...

Africa
Jul 3, 2025

The world's largest climate fund increases investment plans

The largest multilateral climate fund in the world said that it would make its biggest ever investment and accelerate dealmaking to help poorer countries respond to global...

China
Jul 3, 2025

Eastern China is sweltering under an early heatwave that threatens crops and industry

On Friday, sweltering heat engulfed China's east coast as a high pressure system settled over its most populous area, baking agricultural and manufacturing hubs on the Yangtze...

United States
Jul 3, 2025

Sources say that the hydrotreater at Marathon Galveston Bay Refinery will remain closed until September.

Sources familiar with the plant's operations on Thursday said that a fire-damaged hydrotreater will be closed at Marathon Petroleum Galveston Bay Refinery, Texas until September. All other...

United Kingdom
Jul 3, 2025

Oil prices stable on strong job market and tariff uncertainty

The oil prices were not much changed on Friday, as the U.S. Federal Reserve kept interest rates at the same level due to a strong job market....

Australia
Jul 3, 2025

AGL Energy purchases South Australia's Virtual Power Plant (VPP) from Tesla

AGL Energy announced on Friday that it has acquired South Australia's Virtual Power Plant from Tesla. The Australian power retailer is looking to increase its battery storage...

Jul 3, 2025

Michael Madsen, actor of 'Reservoir Dogs and Kill Bill', dies aged 67

Michael Madsen died on Thursday at the age of 67. He was an actor in many films, including "Reservoir Dogs", "Thelma and Louise" and others. Ron Smith,...