Latest news

India
Apr 28, 2025

Reliance Results and foreign inflows boost sentiment

Indian shares rose Monday after heavyweight Reliance Industries reported earnings that were better than expected. Continued foreign inflows also helped to lift sentiment. As of 10:33 a.m....

India
Apr 28, 2025

Reliance's growth is boosted by telecom and retail success in India

Reliance Industries, India's largest company, jumped by 3% Monday after analysts praised the strength of its retail and telecom businesses following a quarter profit beat. They also...

Italy
Apr 28, 2025

MORNING BID EUROPE - Markets want more signals, less noise in trade

Wayne Cole gives us a look at what the future holds for European and global markets. The week has started off in a quiet manner, as President...

Iran
Apr 28, 2025

China's crude storage grew in March, reversing an earlier draw: Russell

In March, China's refineries produced the most oil in an entire year. However, the amount of crude added to inventories rose to its highest level in almost...

China
Apr 28, 2025

China's steel production is reportedly being cut, according to new rumours.

Iron ore prices dropped on Monday due to renewed rumours that China would cut crude steel production and contradictory statements by U.S. officials and Chinese officials regarding...

United Kingdom
Apr 28, 2025

Oil prices rise despite a gloomy economic outlook and a potential OPEC+ production hike

The oil prices rose in the early trading on Monday, but remained dogged with uncertainty about trade talks between China and the U.S. This clouded the outlook...

China
Apr 28, 2025

London metals prices are mixed due to optimism surrounding trade talks

London metals prices were mixed on Monday, as investors found some relief from the trade tensions between the U.S. and China. However, concerns about fragile negotiations remained....

China
Apr 27, 2025

London metals prices fluctuate on optimism surrounding trade talks

London metals prices were mixed on Monday, as investors found some relief from the trade tensions between the U.S. and China. However, concerns about fragile negotiations lingered....

United States
Apr 27, 2025

Oil prices rise despite a gloomy economic outlook and a potential OPEC+ production hike

The oil prices rose slightly in the early trading on Monday, but remained under pressure from the uncertainty surrounding trade talks between China and the U.S. This...

Australia
Apr 27, 2025

James Hardie's backlash prompts Australian stock exchange to review M&A regulations

ASX, the Australian stock exchange operator, announced on Sunday that they had begun a process to implement their rules for shareholder approvals of mergers and purchases. The...

South Korea
Apr 27, 2025

Saigo, a Japanese player, wins Chevron in the largest major LPGA playoff ever.

Mao Saigo, a Japanese player, won the Chevron Championship after beating four other players in a sudden-death playoff. The 23-year old won his first major after being...

Canada
Apr 27, 2025

Alkane, an Australian company, will acquire Mandalay Canada in a $358 million merger deal

The companies announced on Monday that Australia's Alkane Resources would acquire Canada's Mandalay Resources through an all-share transaction valued at A$559.1 millions ($357.8million). This will create a...

Canada
Apr 27, 2025

Bessent doesn't support Trump in China tariff talks

U.S. Treasury Sec. Scott Bessent said on Sunday that he didn't support President Donald Trump in his assertion that tariff negotiations with China are underway and he...

United States
Apr 27, 2025

Lavrov: Russia will continue to attack sites used by Ukraine’s military

In an interview broadcast Sunday, Russia's Foreign Minister said that Russia would continue to target military sites in Ukraine, while Ukrainian President Volodymyr Zelenskiy reported 70 Russian...

Scandinavia
Apr 27, 2025

Greenland and Denmark affirm their alliance amid Trump's desire for US control

After talks in Copenhagen, Greenland's and Denmark's leaders agreed to intensify their relationship in response to the desire of U.S. president Donald Trump to take control of...

Vietnam
Apr 27, 2025

US, Philippine troops shoot down drones in joint defence drills

U.S. soldiers and Philippine soldiers destroyed drones using Stinger missiles in live-fire drills Sunday. The exercises were part of an annual joint military exercise that took place...

Canada
Apr 27, 2025

Vancouver: Multiple deaths and injuries after a vehicle crashes into a street festival

Police said that a number of people died and many others were injured after a driver drove through a crowd during a Filipino festival in Vancouver, a...

Saudi Arabia
Apr 26, 2025

Saudi Arabia announces record non-oil imports of $137 Billion in 2024

Saudi Arabian non-oil imports will reach a record high of 515 billion Riyals ($137.29 Billion) by 2024, according to the official news agency. The kingdom is continuing...

China
Apr 26, 2025

Finance Minister: Pakistan wants an extra 10 billion yuan for China's swap line

Finance Minister Muhammad Aurangzeb announced that Pakistan had requested China to increase its swap line to 10 billion yuan (US$1.4 billion). He also said he expects the...

China
Apr 26, 2025

Paper says Pirelli will declare the end of Chinese investors' control over governance.

An Italian newspaper reported that Pirelli's board would likely approve an agreement between shareholders on Monday to ensure that Sinochem, the largest shareholder in the group, did...

Wind Farms
Apr 26, 2025

Van Oord Expands its Trencher Fleet

Dutch offshore installation firm Van Oord has introduced Jet-It as the latest unit to join its trencher fleet, following the completion of a test campaign in the...

South Korea
Apr 26, 2025

The global trade situation is further complicated by the contradictory statements of US and China.

In an interview published Friday, U.S. president Donald Trump claimed that tariff negotiations with China were underway, but Beijing denied there were any talks taking place. This...

United States
Apr 25, 2025

Angola's Finance Minister says that country stress testing for lower oil prices and IMF program is more likely

Angola runs stress tests to assess the impact of a drop in oil prices on the government's finances, said Finance Minister Vera Daves de Sousa on Friday....

Japan
Apr 25, 2025

The global trade situation is further complicated by the contradictory statements of US and China.

In an interview published Friday, U.S. president Donald Trump claimed that tariff negotiations with China were in progress, but Beijing denied there were any talks taking place....

Australia
Apr 25, 2025

Dollar gains and tech shares are boosting the stock market

The majority of stock indexes rose on Friday. The Nasdaq was up over 1% during afternoon trading, as shares related to tech gained. Meanwhile, the dollar is...

United Kingdom
Apr 25, 2025

Burkina Faso grants mining license to Russia's Nordgold project

The military-led West African Government announced that Burkina Faso had granted an industrial mining license to Russian miner Nordgold to develop a gold project. This was to...

Germany
Apr 25, 2025

LyondellBasell's quarterly profit forecast is missed due to weak volume

LyondellBasell missed Wall Street's expectations of quarterly profit on Friday due to maintenance downtime, lower volumes and its largest segment, supplying raw materials for the automotive, construction,...

Chile
Apr 25, 2025

The FX effect has a negative impact on the pre-tax profits of Chilean miner Codelco

Codelco Chile, the largest copper producer in the world, reported on Friday a slight increase in production for the first quarter. However, this was not enough to...

Singapore
Apr 25, 2025

Dollar gains and stock prices mostly rise on the hopes of a trade war ease

Investors were comforted by signs that the U.S./China trade war was easing. Alphabet, the parent company of Google, saw its shares rise 1.7% on Wall Street after...

China
Apr 25, 2025

China's Baosteel Q1 Net Profit Jumps 26.4% due to Lower Costs

Baoshan Iron & Steel Co., China's largest listed steelmaker reported a 26.4% increase in net profit for the first quarter of this year, thanks to lower costs....

South Asia
Apr 25, 2025

Reliance Industries Q4 profits beat estimates due to retail and digital boost

Reliance Industries, India's largest company, beat expectations for its fourth-quarter profits on Friday as strong performances in its retail and digital business offset the weakness in its...

Brazil
Apr 25, 2025

Brazil's Vale has not seen any material impact from the trade war.

The Brazilian miner Vale announced on Friday that the ongoing trade war has not had a material effect on its operations or sales. However, it pledged to...

United States
Apr 25, 2025

China denies Trump's claims of negotiation, and eases some US tariffs

China exempted certain U.S. exports from its steep duties in a Friday sign that the trade conflict between the two world's largest economies may be easing. However,...

China
Apr 25, 2025

China waives some tariffs on U.S. products, but denies Trump’s claim that negotiations are underway

China exempted certain U.S. exports from its steep duties in a Friday sign that the trade conflict between the two nations could be easing. However, China quickly...

Canada
Apr 25, 2025

US court launches 30-day competition to buy parent company's shares of Citgo

According to a late Thursday court filing, a U.S. court official overseeing the auction of shares of Citgo Petroleum's parent company in Venezuela has proposed opening a...

United States
Apr 25, 2025

Hawaii's "bone collector" caterpillar wears body parts of dead prey

Scientists have discovered an unusual carnivorous species of caterpillar that lives in a macabre manner. They have named it "the bone collector" and found that the area...

Central Asia
Apr 25, 2025

Kazakh gold miner Solidcore plans to raise $1 billion or more by the end of 2026

Solidcore Resources Plc, a Kazakh gold mining company, aims to borrow $1 billion to develop projects in Kazakhstan by 2026. CEO Vitaly Nesis said that. Nesis, in...

Switzerland
Apr 25, 2025

Swiss central bank faces protests about investments

The Swiss National Bank held its annual shareholders meeting on Friday. Environmentalists expressed their disapproval of companies that they claim contribute to the destruction of the environment...

Africa
Apr 25, 2025

Residents claim that gunmen killed at least 20 peoples in a mining village in Nigeria's Zamfara State

Residents and Amnesty International reported that gunmen killed at least twenty people in a raid on a gold-mining village in the northwestern state of Zamfara in Nigeria....

France
Apr 25, 2025

US wants to increase offshore oil drilling through easing of pressure rules

The U.S. Interior Department announced on Thursday that it had implemented new guidelines regarding pressure differentials allowed in certain types of oil drilling, in a part of...

China
Apr 25, 2025

China's solar and wind power capacity surpasses thermal for the first time ever, says energy regulator

China's wind- and solar-powered power generation capacity soared to 1,482 Gigawatts at the end of last month, surpassing fossil fuels thermal power for the first ever time...

France
Apr 25, 2025

Despite tariffs, some European companies are hesitant to expand in the US

The erratic tariff policy of U.S. president Donald Trump is making some European smaller companies question whether it's worth expanding into the U.S. Trump wants to encourage...

United States
Apr 25, 2025

LyondellBasell's quarterly profit forecast misses on account of weak volume

LyondellBasell missed Wall Street's quarterly profits expectations on Friday due to maintenance activities and lower volumes of its largest segment, supplying raw materials for the automotive, construction,...

India
Apr 25, 2025

Secretary of State for India says India will offer incentives to steelmakers in order to promote decarbonisation

The federal secretary of steel announced on Friday that India has a number of incentives in place to encourage the production of green-colored steel and to drive...

Japan
Apr 25, 2025

Asian and European stock markets steady; US stocks jittery due to conflicting trade tension signals

The dollar is on track to see its first weekly gain in over a month as investors take comfort in signs that the U.S., China and other...

United States
Apr 25, 2025

Phillips 66, a US refiner, reports a larger-than-expected quarter loss

Phillips 66 announced a larger-than-expected first-quarter loss on Friday. Lower refining margins due to widespread maintenance and turnaround activities across the U.S. refinery sector weighed down on...

Brazil
Apr 25, 2025

Former Brazilian President Collor is arrested for corruption

Fernando Collor de Mello, the former Brazilian president, was arrested in Maceio on Friday after a Supreme Court judge rejected his appeals against a prior conviction and...

United States
Apr 25, 2025

SLB, a provider of oilfield services, misses its profit forecasts due to international weakness

SLB missed Friday's analysts' expectations for the first-quarter profit, due to a slowdown of demand for oilfield equipment and service in Latin America. Following the results, shares...

United Kingdom
Apr 25, 2025

Cornwall Insight reports that Britain's cap on energy prices will fall by 9% this July.

The cap on domestic energy prices in Britain is expected to drop by around 9% this July, after wholesale energy costs fell amid the warmer weather conditions...

Germany
Apr 25, 2025

Nordex sales are hit by less wind turbine installations but it sees no financial risks from US

The German wind turbine manufacturer Nordex announced on Friday that its quarterly sales were below market expectations. It installed 20% fewer turbines onshore than it did a...