Latest news

Iran
Apr 1, 2026

Fed's Barkin says households and firms still view oil shocks through a "short term lens"

Tom Barkin, Richmond Federal Reserve Bank president, said that businesses continue to believe high oil prices are only a temporary disruption. There is little evidence yet to...

United States
Apr 1, 2026

SpaceX is seen as a test that will determine whether mega-IPOs succeed or fail

Elon Musk's SpaceX may be the answer to the global IPO market's long-term struggle. Saudi Aramco was the last company to have a IPO at a valuation...

Bahrain
Apr 1, 2026

Wood Mac, a consultancy, says that EGA's Al Taweelah aluminum site has ceased operations following an attack.

Emirates Wood Mackenzie, a consultancy firm, said that an Iranian missile and drone attack on Saturday damaged a power station at Global Aluminium's Al Taweelah plant in...

South Korea
Apr 1, 2026

Poland's Orlen signs a preliminary deal to acquire Grupa Azoty.

Orlen, a Polish state-owned refiner, announced on Wednesday that it had signed a preliminary agreement with Grupa Azoty - a poland-controlled chemicals company - to purchase all...

Australia
Apr 1, 2026

IEA warns that Middle East oil disruptions will hit Europe in April

Fatih Binol, the head of the International Energy Agency, said that oil supply disruptions from the Middle East would?rise? in April. They will begin to?impact? the European...

France
Apr 1, 2026

Japan and France agree to intensify coordination in the Hormuz and Iran war

Sanae Takaichi, Japan's Prime Minister, said that Japan and France agreed to work closely together to bring an end to the U.S. - Israeli war with Iran...

United States
Apr 1, 2026

Dollar drops as gold nears 2-week-high amid hopes of an end to the Iran war

On Wednesday, gold was near a two-week-high - after a month that saw its largest monthly loss for nearly 17 years. The U.S. Dollar and Treasury yields...

China
Apr 1, 2026

Find the 'off-ramp' for MORNING BID AMERICAS

By Mike Dolan April 1st - Mike Dolan, Editor at Large, Finance and Markets, explains what matters today in U.S. markets. The word "off ramp" has been...

Bahrain
Apr 1, 2026

Wood Mac, a consultancy, says that EGA's Al Taweelah aluminum site has ceased operations following an attack.

Emirates Global Aluminium’s Al Taweelah plant in the United Arab Emirates has halted its operations following a?Iranian missile and drone attack that damaged a power?plant on Saturday,...

United States
Apr 1, 2026

Fuel prices in Africa spike as Iran War hits supply

African governments have increased fuel prices sharply as global oil 'prices are surging due to the Iran War. This could spark inflation on the continent. Most African...

Africa
Apr 1, 2026

Residents report four deaths in Burundi after explosions at an ammunition store

Residents of Burundi said that explosions in a military ammunition shop in the?commercial capital Burundi on Tuesday night resulted in four deaths. The blasts lasted several hours....

Netherlands
Apr 1, 2026

EU changes carbon market to reduce price volatility

After pressure from various governments, including Italy, to change the system in order to reduce soaring energy costs triggered by the Iran War, the European Commission made...

China
Apr 1, 2026

Trackers report that PetroChina fills Singapore's shortfall in crude oil with crude stored in China.

PetroChina supplied a rare shipment of nearly?2million barrels of crude from its storage facility in China to the refinery it owns half of, located in Singapore. The?firm...

Brazil
Apr 1, 2026

Brazil recruits bank managers to fight deforestation

Brazil has been fighting to protect the Amazon for many years, but now it is enlisting new allies to help in this fight: bankers. The new rule,...

Romania
Apr 1, 2026

Minister: Romania is on track to reach deficit target this year

Romania is on track to reach its 6.2% GDP deficit goal for this year, despite the war in Iran. However, it will need to adjust its growth...

Israel
Apr 1, 2026

Coal India sales increase for the first time in 6 months due to gas shortage and summer demand

Coal India said on Wednesday that its sales in March grew 'for the first six months.' This indicates a build-up of coal stock ahead of the peak...

China
Apr 1, 2026

Iron ore companies on positive China data and hopes for stimulus

Iron ore futures prices increased on Wednesday. This was due to the positive factory data and hopes that stimulus measures in China, the top consumer of iron...

India
Apr 1, 2026

Sources say that India has no immediate plans to restart offshore mining auctions

Two'sources' familiar with the issue have said that India will not 'go ahead with auctioning off deep-sea mine rights due to a lack in technological preparedness, and...

Brazil
Apr 1, 2026

Imports of Brazilian fuel oil from Southeast Asia are robust, easing supply concerns fueled by war.

Shipping data reveals that Brazilian fuel oil imports to Southeast Asia jumped by a whopping 80% in March. This eases concerns about a tight marine 'fuel supply...

United Kingdom
Apr 1, 2026

Topps Tiles will close 23 UK stores due to low demand

Topps Tiles, a British tile retailer, announced on Wednesday it would close 23 underperforming stores as part of cost-savings measures. The goal is to boost medium-term profits...

United States
Apr 1, 2026

Poland's Orlen signss preliminary agreement on the acquisition of GA Polyolefins

Orlen, the Polish state-owned refiner, announced on Wednesday that it had signed a preliminary agreement with Grupa Azoty (the Polish state-controlled chemical group) under which it would...

Saudi Arabia
Apr 1, 2026

Mike Dolan: "Cash did well in March, whether it was dry powder or cash"

Who needs to "search for another safe place" if Warren Buffett doesn't mind Berkshire Hathaway piling up more cash? Berkshire reported ending 2025 as having a massive...

Australia
Apr 1, 2026

Australian shares reach 3-week highs, and gold stocks rise on hopes of a resolution to the Iran conflict

Australian shares closed at a three-week-high on Wednesday, with gains led by gold miners. Prices of bullion were buoyed by optimism about a possible deescalation in conflict...

Japan
Apr 1, 2026

MORNING BID EUROPE-April fools rush in

Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Stocks and bonds are gaining momentum as investors hope for...

United States
Apr 1, 2026

Markets jittery as oil prices rise over 1% amid Mideast unrest

Brent futures extended gains following a'record monthly % increase in March. Middle East volatility continued to keep markets jittery, despite reports suggesting that the U.S. and Israeli...

Indonesia
Apr 1, 2026

South Korea and Indonesia sign agreements on minerals technology and finance during Prabowo's visit

The Blue House of the Seoul Presidency reported that South Korean President Lee Jae Myung held talks with Indonesian leader Prabowo?in Seoul on Wednesday?. They agreed to...

United States
Apr 1, 2026

Rubio: Venezuela will need a transition phase and free elections

U.S. Secretary of State Marco Rubio said on Tuesday that a transition period will be needed in Venezuela, and that the country will need free and fair...

China
Mar 31, 2026

Iron ore prices boosted by positive China data and hopes for stimulus

Prices of iron ore futures rebounded Wednesday on the back of upbeat factory data, and expectations that China's top consumer could take a?stimulus measure to brighten demand...

India
Mar 31, 2026

Data shows that India's diesel exports to SE Asia reached a 7-year high due to the Iran war in March.

Shipping data shows that India's diesel exports into Southeast Asia soared in March to the highest level in over seven years. This was due to traders adjusting...

China
Mar 31, 2026

Sources say that China's smaller independent refining companies will reduce output due to rising oil prices

Analysts and traders said that Chinese independent smaller?refiners will 'cut crude processing rates' in April due to the'sharp rise in oil prices sanctioned by the United States...

Sri Lanka
Mar 31, 2026

Sources say that China is set to extend the ban on fuel exports with minor exemptions.

Five industry sources familiar with the matter said that China will extend its ban on refined fuel exports until April. However, exemptions may be made for small...

United States
Mar 31, 2026

Brent futures for the front-month extend gains following record monthly gain in March

Early Wednesday, oil prices rose, as Brent front-month contracts?extended a record rally in March, despite reports suggesting that the U.S., Iran, and other Middle East countries may...

United States
Mar 31, 2026

McGeever: Central banks will diverge from 2022 if the energy shock intensifies.

When the world was faced with a sudden surge in inflationary forces in 2021-22 due to a severe shock in supply and spikes in energy prices, all...

Australia
Mar 31, 2026

Australia restricts Hong Kong investors' voting rights in Northern Minerals

The Australian rare-earths'miner' said on Wednesday that Australian Treasurer Jim Chalmers had barred Hong Kong based Ying Tak, from voting or transferring a combined 361.5 million?"shares" in...

Africa
Mar 31, 2026

Ivanhoe's revised report reduces copper production forecast for 2026 at DRC mine

Ivanhoe Mines announced on Tuesday that an updated independent study has lowered the near-term production estimate for the company's copper?complex in the Democratic Republic of Congo. The...

Oil & Gas
Mar 31, 2026

Rosneft says costs offset high oil prices, which explains the 73% drop in net income for 2025.

Rosneft said that the company's net income for 2025 will be down 73%, to $293 billion ($3.60 billion), due to high interest, a high tax on profits,...

Energy Markets
Mar 31, 2026

The global equities market has recovered on the back of de-escalation expectations, ending a poor month

The global equity and bond market jumped on the Tuesday due to speculation about a possible de-escalation of the Middle East conflict, which has led to the...

United States
Mar 31, 2026

EIA data show that US oil production fell to its lowest level in two years during the January winter storm.

The Energy Information Administration reported on Tuesday that U.S. crude oil production fell the most in two years last month following a'severe winterstorm' which knocked production offline?in...

Crude Oil
Mar 31, 2026

Oil sets a record monthly increase as global equities end a weaker month

The global equity and bond market jumped on the Tuesday due to speculation about a possible de-escalation of the Middle East conflict, which has led to the...

Japan
Mar 31, 2026

Nikkei reports that Japan and France are considering a rare earths agreement to reduce China's reliance

The Nikkei reported on Wednesday that the French President Emmanuel Macron and Japanese Prime Minister Sanae Takaichi will create a roadmap to 'diversify supplies of rare Earths...

Energy Markets
Mar 31, 2026

Gold is up over 3% but it's on track to be the worst month for gold since 2008.

Gold was up on Tuesday but still on course for its'severest monthly decline' since October 2008 as inflation fears and expectations of higher interest rates due the...

United States
Mar 31, 2026

OMV Plastics CEO: Profits will increase dramatically for the giant plastics company

Alfred Stern, CEO of Austria's OMV said that the giant new plastics group Borouge International is a significant step towards increased profitability. He added that a listing...

United Kingdom
Mar 31, 2026

War and weather focus on March gains for EU wheat

Euronext Wheat rose on Tuesday to confirm a gain for the month as dry weather threatened U.S. Harvest prospects and the latest developments in Iran war boosted...

Canada
Mar 31, 2026

Suncor has a major shift planned to focus on in situ oil sands production by 2040

Suncor Energy, a Canadian oil sands giant, announced on Tuesday that the majority of their bitumen production?by?2040 would be produced by steam-assisted extract technology. This announcement marks...

Switzerland
Mar 31, 2026

Aluminium nears four-year high amid supply fears

Aluminum prices rose on Tuesday. They were near their four-year highs and poised to make the biggest monthly gain since?almost 2 years. This was due to fears...

United States
Mar 31, 2026

Six Palestinians killed in Gaza Strip by Israeli strikes, say medics

Israeli strikes?killed six people in a separate attack in 'the Gaza Strip on Tuesday, according to health?officials. This is the latest violence that has overshadowed a 'fragile...

United Kingdom
Mar 31, 2026

Savannah accelerates Portugal lithium project and sees longer life span

Savannah Resources, a London-listed company, is speeding up work on its 'lithium project' in Portugal. The CEO,?Emanuel Proenca, said that the company was confident of being able...

United States
Mar 31, 2026

EU wheat gains for the third consecutive month

The European wheat futures are poised to make a third consecutive monthly gain in March. This is due to strong oil prices and a rebound on the...

China
Mar 31, 2026

Stellantis and China's Leapmotor sign a carbon credit deal for Europe and UK

Zhejiang Leapmotor Technology entered into an agreement to transfer carbon credits generated in Europe and the UK over the remainder of 2026 to Stellantis subsidiaries. The agreement...

China
Mar 31, 2026

Source: Tether fires two gold traders who were hired just three months earlier

Sources with direct knowledge of the matter reportedly said on 'Tuesday that Tether had?let go? two senior precious metals trader?it hired only three months earlier from HSBC....