Latest news

Australia
Apr 23, 2025

Albanese, an Australian company, pledges to establish a strategic reserve for critical minerals

The Australian centre-left Labor Government pledged on Thursday an initial investment A$1.2 billion (roughly $763 million) in order to establish a strategic reserve for critical minerals. It...

Spain
Apr 23, 2025

Petrobras Board approves agreement with Unigel for fertilizer plants

Petrobras, the state-run Brazilian oil company, said that its board of directors had authorized it to sign a settlement agreement with Unigel Chemical Company to settle a...

United States
Apr 23, 2025

The rosy outlook of chipmaker TI soothes tariff concerns for the moment

Texas Instruments announced a second-quarter revenue forecast that was above Wall Street expectations on Wednesday. The company attributed this to a robust demand for analog chips, despite...

United States
Apr 23, 2025

Gold sinks and stocks rise as US tariffs on China are not sustainable

The dollar rose against the euro, and other currencies on Wednesday. Meanwhile, gold-backed safe-havens fell as the Trump Administration signaled its willingness to deescalate the trade war....

United States
Apr 23, 2025

FirstEnergy's profit beats estimates for the first quarter on higher electricity prices

FirstEnergy, a utility company, beat Wall Street expectations for its first-quarter adjusted profits on Wednesday. The utility was helped by a rate increase. U.S. Electric utilities are...

South Korea
Apr 23, 2025

GM will increase production at Ohio transmission plant

General Motors confirmed on Wednesday that it is increasing the production of transmissions in its Toledo, Ohio plant, and shifting away from manufacturing EV drive units to...

United States
Apr 23, 2025

Newmont profits beat estimates, as the gold rally outweighs weak production.

Newmont, the world's largest gold miner, beat Wall Street expectations for its first-quarter profits on Wednesday. A rally in bullion helped offset lower production and sent its...

United States
Apr 23, 2025

California Governor seeks assistance for struggling oil refiners

California Governor Gavin Newsom directed state officials in California to increase efforts to ensure reliable fuel supplies to the nation's largest auto market. This prompted oil companies...

United States
Apr 23, 2025

Gold, stocks and the dollar fall as US tariffs on China are not sustainable

The dollar rose against the euro, and other currencies. Gold, a safe haven for investors, fell as Trump's administration indicated a willingness deescalate the trade war. Scott...

United States
Apr 23, 2025

Sources say OPEC+ will consider accelerating output if oil prices drop 3%

The oil prices fell 3% on Tuesday as sources claimed that OPEC+ was considering accelerating their output increases for June. However, losses were reduced following a report...

Brazil
Apr 23, 2025

Sources say that Brazil is pushing for tougher emission goals ahead of the climate summit

Three people familiar with the plans of Brazil, which is hosting this year's United Nations Climate Summit, said that their main objective was to persuade Europe, China,...

United States
Apr 23, 2025

US Supreme Court to revisit challenge to California emission standards

The U.S. Supreme Court appeared to be sympathetic to fuel producers' bid to challenge California's vehicle emission standards and electric cars in an air pollution case under...

United States
Apr 23, 2025

Trump claims Zelenskiy's comments are damaging to peace talks with Russia

U.S. president Donald Trump on Wednesday chided Ukrainian leader Volodymyr Zelenskiy for his statement that Ukraine will not recognize Russia's occupation in Crimea. He called it an...

United Kingdom
Apr 23, 2025

Copper reaches three-week highs, boosted by eased trade tensions

On Wednesday, copper prices reached a three-week high as concerns about global trade tensions eased following Donald Trump's suggestion that import tariffs for China, the top consumer...

Africa
Apr 23, 2025

Sources: Congo and M23 delegations have left Doha after peace talks stagnate.

Sources from both camps said that the delegations representing Congo's Government and Rwanda-backed M23 Rebels left Qatar without immediate plans to return after failing to make significant...

Denmark
Apr 23, 2025

Danish King to visit Greenland as a show of unity amid Trump Interest

The royal palace announced on Wednesday that Denmark's King Frederik would visit Greenland the following week. This is a sign of solidarity for the semi-autonomous Danish territories...

Netherlands
Apr 23, 2025

Gold and stocks fall on hopes of an end to US-China trade war

The dollar rose against the euro, and other currencies on Wednesday. Meanwhile, gold-backed safe-havens fell as investors became more optimistic about the possibility of a de-escalation of...

Central Asia
Apr 23, 2025

OPEC+ will consider another accelerated increase in oil production for June

Three sources with knowledge of OPEC+ discussions have said that several OPEC+ members are likely to suggest that the group increase oil production in June, for a...

United Kingdom
Apr 23, 2025

Baker Hughes predicts a drop in spending by producers as tariffs pinch the demand

Baker Hughes, a U.S. oilfield services provider, forecasted steeper cuts in global oil producer spending as tariffs dent the demand expectations and drive down crude prices. Baker...

China
Apr 23, 2025

China's lunar chief accuses the US of interfering with joint space programmes between other nations

On Wednesday, the chief designer of China’s lunar exploration program accused the United States of interfering with Beijing’s efforts to cooperate in space programmes with Europe and...

Saudi Arabia
Apr 23, 2025

OPEC+ will consider a second increase in oil production for June

Three sources with knowledge of the situation have confirmed that several OPEC+ member countries will propose a second consecutive month of accelerating oil production increases in June....

Japan
Apr 23, 2025

US House votes on Republican proposal to repeal California EV regulations

The U.S. House of Representatives will vote next week on the Republican plan to repeal Biden's approval of California’s landmark plan that would end the sale of...

China
Apr 23, 2025

Officials say that China and Russia may build a nuclear power plant on the moon to power a lunar station.

A senior official revealed on Wednesday that China was considering building a nuke plant on the Moon to power an International Lunar Research Station with Russia. China...

Panama
Apr 23, 2025

Panama President Mulino rejects new mining contract for Cobre Panama dispute

Panama has not yet decided on the future of its mine and will not be offering a new mining contract in order to settle the Cobre Panama...

Wind Farms
Apr 23, 2025

Two Injured as Glomar’s OSV Hits Offshore Wind Turbine in North Sea

Glomar Offshore’s offshore supply vessel (OSV) Glomar Venture has reportedly hit the foundation of an offshore wind turbine in the Dutch North Sea, leaving two crew members...

United States
Apr 22, 2025

Hyundai Steel's US $6 billion investment enrages investors, tests Seoul's Tariff Strategy

Investors continued to hammer Hyundai Steel's shares in late March after the South Korean company announced a $6 Billion investment in the U.S. The company organized a...

United States
Apr 22, 2025

White House does not take aim at green tax status

A White House official stated on Tuesday that the White House does not have immediate plans to strip non-profit climate-focused organizations of their tax-exempt status. This was...

United States
Apr 22, 2025

Yale University considers selling private equity fund interest

Yale University announced on Tuesday that it is exploring the sale of private equity funds and has been advised by Evercore, an investment banking firm. Why it's...

United States
Apr 22, 2025

Steel Dynamics posts upbeat quarterly results

Steel Dynamics beat Wall Street expectations for revenue and profit in the first quarter, thanks to higher steel shipments. Steel shipments were a record 3.5 million tonnes,...

Crude Oil
Apr 22, 2025

Dollar gains, earnings and U.S. China tariff talks are the focus of attention.

U.S. shares rebounded from Tuesday's loss as investors focused on the earnings. Meanwhile, the dollar rose following comments by U.S. Treasury secretary Scott Bessent in a closed...

United States
Apr 22, 2025

Sam Altman resigns as Oklo Chairman

OpenAI CEO Sam Altman is stepping down as chairman of Oklo's nuclear technology startup, opening the door to a possible tie-up. Shares of Oklo fell more than...

United States
Apr 22, 2025

Phillips, a Democrat, resigns as a member of the US Energy Regulatory Panel

Willie Phillips resigned as a Democratic Commissioner on the U.S. Federal Energy Regulatory Commission on Tuesday. This opened the door for Donald Trump to nominate a new...

United States
Apr 22, 2025

US pays part of the loan to Michigan nuclear plant for restart

The Energy Department announced on Tuesday that a Michigan nuclear reactor, which hopes to be the United States' first to restart after permanent shutdown, has received approximately...

United States
Apr 22, 2025

United Steelworkers union remains 'unalterably against' US Steel-Nippon agreement

The United Steelworkers told Treasury Secretary Scott Bessent that it is "unalterably opposed" to a $15-billion bid from Japan's Nippon Steel for U.S. Steel or any deal...

Crude Oil
Apr 22, 2025

Investors assess Trump's comments about Fed chief as stocks jump and dollar inch up

The dollar edged up on Tuesday, even as investors assessed U.S. president Donald Trump's criticisms of Federal Reserve Chair Janet Yellen. The yields on U.S. Treasury Long-Term...

United States
Apr 22, 2025

Phillips, a Democrat, resigns as a member of the US Energy Regulatory Panel

Willie Phillips resigned as a Democratic Commissioner on the U.S. Federal Energy Regulatory Commission on Monday. This opened the door for Donald Trump to nominate a new...

Chile
Apr 22, 2025

Chile advances lithium projects on three salt flats

The mining ministry announced on Tuesday that the Chilean government is moving ahead with a simplified procedure to award contracts for lithium in three salt flats. The...

United States
Apr 22, 2025

US defense contractors largely maintain forecasts despite Trump Tariffs

The major U.S. defence contractors have mostly maintained their financial forecasts through 2025. They say it's too early to know the impact of U.S. president Donald Trump's...

United States
Apr 22, 2025

Bank of America shareholders approve executive compensation and elect directors

Bank of America shareholders approved pay packages for CEO Brian Moynihan, the lender's top executive and elected 14 directors to the board on Tuesday. Institutional Shareholder Services,...

United States
Apr 22, 2025

Republican Senator asks RFK Jr.

Shelley Moore Capito, a West Virginia Republican senator, asked Robert Kennedy Jr. of the U.S. Department of Health and Human Services on Monday to reinstate programs that...

United Kingdom
Apr 22, 2025

Argentex suspended shares after margin calls triggered by volatility

The shares of British currency management company Argentex, which is based in London, were suspended on Tuesday. Argentex said that the sharp drop in the U.S. Dollar...

Crude Oil
Apr 22, 2025

Dollar up after recent stock selloff; Investors assess Trump's comments about Fed chief

The dollar also recovered slightly as investors assessed the criticisms of Donald Trump by the Federal Reserve Chair. Investors have also taken in more first-quarter company reports...

United States
Apr 22, 2025

Putin talks nuclear talks between the US and Iran with Oman's leader

A Kremlin official said that Russian President Vladimir Putin and Sultan Haitham bin Tariq al-Said discussed Iran's nucleotide programme with him on Tuesday. Oman is mediating between...

United States
Apr 22, 2025

EPA starts layoffs for environmental justice staff

The Environmental Protection Agency (EPA) sent notices of termination on Tuesday to employees who worked on environmental justice programs in its regional offices and at its headquarters,...

Ukraine
Apr 22, 2025

Governor of Zaporizhzhia: Russian-guided bombs killed woman in Ukraine’s Zaporizhzhia

Ivan Fedorov, the regional governor, said that Russia had struck Zaporizhzhia, Ukraine, with two guided aerial weapons on Tuesday. A woman was killed and 26 others, including...

Saudi Arabia
Apr 22, 2025

IMF lowers Saudi Arabia's growth forecast for 2025, citing a slower oil recovery as a drag in the region

The International Monetary Fund lowered on Tuesday its GDP growth forecasts for Saudi Arabia and the region as a whole, citing headwinds such as a gradual return...

South Asia
Apr 22, 2025

After Chinese import restrictions, India's small-scale steel mills have halted job cuts

Executives at India's smaller mills said they would delay job cuts, and take other measures, such as reducing output. This comes after the government implemented a temporary...

Canada
Apr 22, 2025

Barrick Gold sells Alaska mining stake to John Paulson and NovaGold for $1.1 billion

Barrick Gold, a Canadian company, announced on Tuesday that it would sell its 50% stake in the Donlin gold project to John Paulson (a billionaire) and NovaGold...

Pakistan
Apr 22, 2025

Police source: Five tourists are feared dead and eight injured after militant attack on Indian Kashmir

Police sources reported that at least five tourists are believed to have been killed and eight others injured when suspected militants fired on them in India's Kashmir...

India
Apr 22, 2025

Indian state-run companies seek government approval to issue deep discount, long-tenor bonds

Four sources familiar with the matter confirmed on Tuesday that at least six Indian state companies had sought approval from the government to issue corporate bonds at...