Latest news

United States
Apr 24, 2025

Georgieva: IMF will continue to support countries in climate change and stability while focusing on the IMF.

Kristalina Georgeieva, the Managing Director of the International Monetary Fund (IMF), said that it will remain "laser-focused" on preventing balance-of payments crises. It will also incorporate concerns...

Climate Change
Apr 24, 2025

Launch of 'Revive Our Oceans' initiative to protect coastal waters

On Thursday, a new initiative led by British naturalist David Attenborough launched to help local communities benefit from efforts to save at least 30% of oceans around...

China
Apr 24, 2025

What next as China approaches peak aluminum production? Andy Home

China's aluminum production is approaching its capacity limit. From just four millions metric tons of production in 2004, China's primary metal smelting industry is expected to reach...

Australia
Apr 24, 2025

Chairman of India's NMDC says that the company is exploring coal assets in Indonesia and Australia.

Amitava Mukherjee, chairman of the Indian miner NMDC, said that it is looking for coking coal assets in Indonesia and Australia. Coking coal is a key ingredient...

France
Apr 24, 2025

UniCredit invests in Generali to support Caltagirone

Three sources claim that UniCredit threw their weight behind Generali rebel investor Francesco Gaetano Caltagirone on Thursday, a move which could soften the government's opposition to a...

United States
Apr 24, 2025

US durable goods orders surge on aircraft bookings during March

In March, orders for durable U.S. manufactured products surged on the back of strong demand for aircraft. However, activity elsewhere was muted as businesses exercised caution in...

Ghana
Apr 24, 2025

Atlantic Lithium seeks to compromise with Ghana over terms of the maiden lithium project

Atlantic Lithium continues to negotiate with Ghana's Government in order to save its Ewoyaa Lithium project, said the company's Chief Keith Muller on Thursday. Falling prices for...

Germany
Apr 24, 2025

Farm body: a bigger German wheat crop is expected by 2025

The German association of agricultural cooperatives released its latest harvest estimation on Thursday. It said that the 2025 wheat production in Germany will grow 15.7% from last...

United States
Apr 24, 2025

Brazil's Usiminas reports positive results, but warns that uncertainty lies ahead

Brazilian steelmaker Usiminas delivered results for the first quarter that were above the market's expectations on Thursday, but warned of challenges in the second half due to...

Pakistan
Apr 24, 2025

What is the Indus waters treaty between India & Pakistan?

India announced that it would suspend the Indus water treaty with Pakistan immediately as part of its efforts to reduce diplomatic relations with Pakistan after militants killed...

Sweden
Apr 24, 2025

Trelleborg adjusts prices and production in order to offset the 'limited' impact of tariffs

Trelleborg, a Swedish industrial group, said that it sees only a small direct impact of the U.S. tariffs. It expects to manage this through production adjustments and...

United States
Apr 24, 2025

Valero Energy announces first-quarter loss due to lower margins and impairment charges

Valero Energy announced a loss for the first quarter compared to a profit a year ago on Thursday. This was due to lower refining profits and approximately...

Czech Republic
Apr 24, 2025

Czechs sign 18 billion dollar nuclear power agreement after EDF appeals are rejected

The Czech Republic’s competition authority UOHS announced on Thursday that it had rejected French Group EDF’s appeals regarding the country’s multi-billion dollar bid for new nuclear units,...

United Kingdom
Apr 24, 2025

INSG predicts a nickel surplus of 198,000 tons in 2025.

The International Nickel Study Group, (INSG), on Thursday predicted a surplus of nickel market of 198,000 tons by 2025. The group forecasts that global primary nickel consumption...

United States
Apr 24, 2025

PG&E's lower expenses cause it to miss first-quarter earnings estimates

PG&E Corp. missed its first-quarter profit estimate on Thursday as it was hit by higher operating expenses and interest costs. Interest rates that are higher for longer...

United States
Apr 24, 2025

CenterPoint will spend more on AI power despite a fall in quarterly profits

CenterPoint Energy announced a decline in its first-quarter profits on Thursday. However, the U.S. utility increased its capital expenditure plans to meet anticipated demand from data centres...

Greece
Apr 24, 2025

Minister: Greece will deploy record number firefighters this year due to global warming

Greece's climate crisis minister announced on Thursday that the country will deploy an unprecedented number of firefighters in anticipation of "bad scenario" scenarios. This comes after a...

China
Apr 24, 2025

The gains in copper on a softer dollar are capped by uncertainty about tariffs

The copper price hovered just below its three-week peak on Thursday. A weaker dollar boosted the prices, but continued uncertainty about U.S. tariffs kept them in limbo....

China
Apr 24, 2025

France seeks protection against Chinese steel imports following ArcelorMittal job losses

Sophie Primas, spokesperson for the French government, said that France and other European nations will push for measures protecting European steel against Chinese imports. Primas responded to...

United Kingdom
Apr 24, 2025

Gold prices rise on dip-buying; US-China trade updates are the focus.

Investors bought gold bullion on Thursday after a sharp drop in the previous session. However, U.S.-China tensions remained at the forefront of investors' minds. As of 0907...

Energy Markets
Apr 24, 2025

In April, Russia's oil revenues fell by 22% year-on-year.

Calculations showed that the revenue from oil and gas in Russia for April fell by 22%, to 0.96 trillion Russian roubles ($11.60billion), compared to the same month...

India
Apr 24, 2025

JSW Steel CEO: India's steel safeguard tariff will help control imports

Jayant Acharya said on Thursday that India's decision to impose a temporary 12% tariff on certain steel imports would help reduce imports in some cases. India, the...

China
Apr 24, 2025

The gains in copper on a softer dollar are capped by uncertainty about tariffs

The copper price hovered just below its three-week peak on Thursday. A weaker dollar boosted the prices, but continued uncertainty about U.S. tariffs kept them in a...

China
Apr 24, 2025

Tesla sales drop 28.2% in March as European car sales increase

According to the European Automobile Manufacturers Association's (ACEA) data, Tesla new car sales in Europe fell 28.2% from a month earlier. However, overall sales of battery-electric vehicles...

United Kingdom
Apr 24, 2025

Shares of UK auto distributor Inchcape fall amid fears of tariffs

Inchcape, a British auto distributor, said tariff uncertainties could affect supply from automakers as well as reduce market demand. This sent its shares tumbling on Thursday after...

China
Apr 24, 2025

Chinese coal buyers reject new Indonesia price benchmark

Indonesia's efforts to introduce a price set by the government for coal are not making any headway in China, its top customer. This undermines Jakarta's attempts to...

China
Apr 24, 2025

Dalian iron ore's rally of three days is broken by stronger supply outlook

Iron ore futures dropped on Thursday, ending a three-day gain, due to a better supply outlook from increased shipments. However, seasonal demand for this key ingredient in...

Africa
Apr 24, 2025

Atlantic Lithium makes concessions in order to save Ghana project

Atlantic Lithium, a miner based in Australia, has asked Ghana's government to make fiscal concessions so that it can salvage the Ewoyaa lithium project. The global price...

Greece
Apr 24, 2025

Metlen sales in Greece up 31% year-on-year, boosted by the energy and infrastructure sectors

Metlen, a Greek energy and metals company, reported on Thursday a 31% increase in sales revenues for the first quarter of this year compared to last year....

United Kingdom
Apr 24, 2025

Anglo American reports lower copper output in the first quarter

Anglo American, a global miner, reported on Thursday a 15% drop in its production of copper for the first three months of the year. However, the company...

Bahrain
Apr 24, 2025

S&P lowers Bahrain's outlook from 'positive' to 'negative,' due to weak financing conditions

S&P Global, the global ratings agency, downgraded Bahrain’s outlook from “stable” to “negative” on Wednesday. It cited ongoing market volatility as well as weaker financing conditions which...

China
Apr 24, 2025

Source in the government says that India expects the imports of steel from China, S.Korea, and Japan to slow down.

A government source who is directly familiar with the situation said on Thursday that India expects steel imports to slow down after temporary tariffs are imposed this...

Africa
Apr 24, 2025

Mining group Eramet keeps 2025 output targets despite Q1 setbacks

Eramet, a French mining company, maintained its full-year production targets on Thursday despite lower manganese and Nickel volumes which contributed to flat sales in the first quarter....

Italy
Apr 24, 2025

Eni confirms buyback and cuts capital expenditure, despite posting a smaller-than-expected profit drop

Eni, the Italian energy company, reported Thursday a net profit drop of 11% for the first three months adjusted. This was less than expected. The adjusted net...

Myanmar
Apr 24, 2025

ITA reports that Myanmar's Wa State held a meeting to discuss the issuance of mining permits.

The International Tin Association (ITA), a group of tin mining companies, announced on Thursday that a meeting was held in Myanmar's Wa State on Wednesday. The ITA...

Hong Kong
Apr 24, 2025

Markets take stock of Trump’s U-turns as the relief rally fades away

Investors struggled to sort through the noise of the Trump administration, its erratic stance on tariffs, and the Federal Reserve leadership. In the past week, U.S. president...

United Kingdom
Apr 24, 2025

Oil prices steady after a 2% decline on OPEC+ production increase

Oil prices rose on Thursday, after falling by nearly 2% the previous day. Investors weighed a possible OPEC+ production increase against contradictory tariff signals from White House...

Taiwan
Apr 24, 2025

Taiwan offers another $10 billion in aid to help deal with US tariffs

Taiwan's Premier proposed on Thursday another $10 billion as a budget special to help the economy cope with the impact U.S. Tariffs. Taiwan was due to receive...

Italy
Apr 24, 2025

European car sales increase in March, as electric vehicles offset falling combustion engines

The new car sales in Europe increased 2.8% in march, with double-digit increases in Britain and Spain. Industry data released on Thursday revealed that the increase in...

China
Apr 24, 2025

Dalian iron ore prices rise on short-term demand but higher shipments limit gains

Iron ore futures continued to rise for the fourth session in a row on Thursday. This was supported by seasonal demand, optimism about U.S. China trade talks...

Oil & Gas
Apr 24, 2025

Vaar Energi Misses Quarterly Profit Forecast

Oslo-listed oil and gas firm Vaar Energi on Wednesday reported a lower-than-expected operating profit for the first quarter, but said it would maintain its dividend level as...

Wind Farms
Apr 24, 2025

VIKING Launches First CTV Immersion Suit for Women in Offshore Wind Industry

VIKING Life-Saving Equipment has launched the first Crew Transfer Vessel (CTV) immersion suit in the world designed for women working in offshore wind energy, using guidance on...

United Kingdom
Apr 24, 2025

What are the positions of Australia's political parties on energy policy

Energy security is a major issue for Australian voters, who are concerned about rising electricity bills and gas shortages. Australia is the second largest LNG exporter in...

United Kingdom
Apr 24, 2025

Gold prices rebound on dip buying despite US China trade deal hopes

Gold prices rose more than 1% Thursday, thanks to bargain-buying. This comes a day after bullion fell to a new low of the week amid optimism about...

Taiwan
Apr 24, 2025

Markets take stock of Trump’s U-turns and the relief rally is stuttering

Investors struggled to sort through the noise of the Trump administration, its erratic stance on tariffs, and the Federal Reserve leadership. This week, U.S. president Donald Trump...

United Kingdom
Apr 23, 2025

Financial Times - April 24

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch their accuracy. Headlines UK announces final approval...

China
Apr 23, 2025

Dalian iron ore at three-week high due to seasonal demand and US-China trade talks hopes

Dalian iron ore Futures reached their highest level in almost three weeks on March 13, boosted by the hopes that U.S. China trade talks will be successful...

United States
Apr 23, 2025

Sources say Sinopec has resumed its Russian oil purchases after a short break amid sanctions risk

Sinopec, Asia’s largest refiner, has resumed its purchases of Russian crude oil following a short pause in last month to assess the risks posed by sanctions imposed...

Japan
Apr 23, 2025

Markets take stock of Trump’s U-turns and the relief rally is stuttering

Investors struggled to sort through the noise of the Trump administration, its erratic stance on tariffs, and the Federal Reserve leadership. This week, U.S. president Donald Trump...

United States
Apr 23, 2025

Oil prices steady after 2% decline on possible OPEC+ production increase

Oil prices rose early on Thursday, after falling by nearly 2% the previous day. Investors weighed a possible OPEC+ production increase against contradictory tariff signals from White...