Latest news

France
Feb 4, 2025

New Belgian government considers building new nuclear plants, report says

The financial daily Tijd quoted Mathieu Bhet as saying that the new Belgian government wants to double nuclear power from 4 GW to 8 GW through new...

China
Feb 4, 2025

REFILE: China's restrictions on strategic mineral exports

China announced on Tuesday sweeping export controls targeting five metals that are used in defence, clean energy, and other industries. This comes just minutes after the additional...

Indonesia
Feb 4, 2025

Indonesia will set up a state investment agency similar to Temasek

The parliament approved the creation of a state-owned investment vehicle that will oversee government investments in some the largest companies. It is similar to Singapore's Temasek investment...

United States
Feb 4, 2025

Vietnam will soon talk with foreign partners about nuclear power plants

The government announced on Tuesday that Vietnam will be holding talks with foreign partners in this month to discuss projects for the development of its first two...

Austria
Feb 4, 2025

Austria's OMV reports FY profit in line, helped by the chemicals segment

The Austrian oil and Gas firm OMV reported a full-year adjusted operating result on Tuesday that was in line with expectations. A better performance from its chemicals...

Canada
Feb 4, 2025

Dollar and stocks are on a roller coaster ride as the US slaps new tariffs on China. China responds.

U.S. Stock Futures fell, the Dollar jumped and Hong Kong Shares tumbled from two-months highs after the U.S. imposed a tariff on Chinese imports. China responded quickly....

Germany
Feb 4, 2025

After DeepSeek's defeat, Europe's AI bulls are pinning their hopes on the 'Jevons Paradox.

Artificial intelligence bulls are dusting off an old economic theory that dates back 160 years to explain why stocks in the sector may still have more to...

Malaysia
Feb 4, 2025

Palm falls due to weakness in Chicago Soyoil

After five consecutive sessions of gains, the price of palm oil in Malaysia fell on Tuesday as Chicago soyoil prices dropped on news that U.S. import tariffs...

United States
Feb 4, 2025

LME copper reaches a new high in a week after Trump's tariffs pause

LME copper prices reached a one-week peak on Tuesday after recovering from a sharp decline in the previous session. This was due to President Donald Trump delaying...

Wind Farms
Feb 4, 2025

EIB, EBRD Grant $620M for Poland’s Largest Offshore Wind Farm

The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have granted a total of $623.6 million to support the development of 1.5...

Oil & Gas
Feb 4, 2025

Guyana to Greenlight Two Oil and Gas Projects This Year

Guyana's government plans to issue two licenses this year for oil and gas projects, one for Exxon Mobil's seventh development in the country, Hammerhead, and one for...

Saudi Arabia
Feb 4, 2025

PMI data shows that Saudi Arabia's private non-oil sector grew at a decade-high rate in January.

A survey revealed that Saudi Arabia's non oil business sector expanded in January at its fastest pace in over a decade, thanks to a surge of new...

Germany
Feb 3, 2025

Gold prices near record highs amid US tariff concerns

The gold price rose on Tuesday as the lingering U.S. inflation and tariff concerns increased demand for safe haven assets. Key jobs data are due this week....

China
Feb 3, 2025

Japan's food exports in 2024 will reach a record high despite China’s seafood import bans

Japan's agricultural, forest and fishery exports rose by 3.7% in 2024 to reach a new record, despite China banning seafood imports after the Fukushima nuclear plant water...

China
Feb 3, 2025

As US tariffs are paused, stocks jump and the dollar is on a rollercoaster.

Hong Kong shares reached a two-month high, U.S. equities rose and currencies fluctuated in large ranges. Investors scrambled in order to keep pace with sudden changes to...

United Kingdom
Feb 3, 2025

LME copper recovers after Trump pauses tariffs

LME copper prices rose on Tuesday after recovering from the four-week low reached in the previous session. This was due to President Donald Trump delaying tariffs against...

Switzerland
Feb 3, 2025

Financial Times - Feb. 4

These are the most popular stories from the Financial Times. These stories have not been verified and we cannot vouch for the accuracy of these reports. Headlines...

Canada
Feb 3, 2025

Oil drops as Trump agrees pause tariffs against Mexico and Canada

Tuesday, oil prices fell after U.S. president Donald Trump agreed not to impose steep tariffs against Mexico and Canada, two of the United States' largest foreign oil...

United States
Feb 3, 2025

US Judge extends pause to Trump's plan of freezing federal grants and loans

A U.S. Judge on Monday extended the pause on Trump's plan to freeze federal grants, loans and other financial aid, stating that it could have "run roughshod...

United States
Feb 3, 2025

Toyota to report second consecutive profit decline as sales growth slows

Toyota Motor, Japan's largest automaker, is expected to report its third quarter earnings on Wednesday. Sales growth has slowed after a long run of strong sales driven...

United States
Feb 3, 2025

US Interior Department begins to implement Trump's energy agenda

The U.S. The U.S. The agency released a statement stating that former North Dakota Governor Doug Burgum signed six orders during his first day of office as...

Canada
Feb 3, 2025

Shares of Predictive Discovery in Australia to rise after Lundin family and Zijin Mining buy stake

The shares of Australia's Predictive discovery were on track for their best session since nearly six months Tuesday, after the gold-explorer announced that China's Zijin Mining would...

Feb 3, 2025

The No. 1 Auburn team is the next target for the Sooners. Auburn No. 1

Oklahoma will face a difficult road test when it attempts to win its second Top 25 upset in a row on Tuesday against No. 1 Auburn. The...

Ukraine
Feb 3, 2025

Grossi, IAEA's nuclear safety inspector, heads to Kyiv

Rafael Grossi, the head of International Atomic Energy Agency(IAEA), announced late Monday that he would be visiting Kyiv to inspect a substation critical to Ukraine's nuclear safety....

Germany
Feb 3, 2025

Investors worth 6 trillion Euros warn EU against weakening green rules

Investors who manage assets worth 6.6 trillion euro have called on the European Union to not weaken sustainability rules as it plans to reduce red tape in...

United States
Feb 3, 2025

What is USAID, and why have Trump and Musk made it a target?

U.S. President Donald Trump's administration is considering merging the U.S. international aid agency (USAID) into the State Department in a major revamp that would shrink its workforce...

United States
Feb 3, 2025

Trump wants Ukraine to provide US with rare Earths

U.S. president Donald Trump said Monday that he wanted Ukraine to provide the United States rare earth minerals in exchange for financial support of the country's efforts...

United States
Feb 3, 2025

Celeres increases forecast for Brazil's soybean crop; harvest delays persist

Celeres, an agribusiness consulting firm, said that Brazil's soybean crop in 2024/25 is expected to hit a record of 174 million metric tonnes. This was a significant...

United States
Feb 3, 2025

North American Aerospace Union presses Trump to stop tariffs on Canada

On Monday, the United States should stop imposing tariffs on Canada, just as it did with Mexico, said the president of the largest North American union in...

Turkey
Feb 3, 2025

US gold magnet: Banks fly bullion to US from Asia-focused hubs in order to benefit from premium

Gold is being flown into the United States by global bullion banks from Asian trading hubs, such as Dubai and Hong Kong. They are doing this to...

United Kingdom
Feb 3, 2025

Anglo CEO focuses on value while working on De Beers spinoff

Anglo American CEO Duncan Wanblad stated on Monday that the company is working hard to maximize its value in case a new M&A bidder comes along. He...

Mexico
Feb 3, 2025

How Trump's tariffs impact on corporate profits and inflation

Analysts said that the tariffs imposed by Donald Trump on Canada, Mexico, and China could have a significant impact on corporate profits and the direction of inflation,...

Germany
Feb 3, 2025

Holcim CEO: Holcim will not be affected by U.S. Tariffs and is optimistic about the construction market.

Holcim, a Swiss supplier of building materials to the United States, does not anticipate any negative impact from President Donald Trump's new tariffs. Instead, it hopes to...

United States
Feb 3, 2025

FEATURE-As climate costs rise, U.S. communities turn to the courts

Eleven U.S. States, as well as dozens of counties and cities file lawsuits Climate action lawsuits demand payment Supreme Court declines to review a key case By...

China
Feb 3, 2025

European EV Group calls on EU to adhere to CO2 targets 2025

A European industry group that represents automakers, charging companies, and battery manufacturers said Monday the EU should not waive fines for automakers who miss their targets but...

United States
Feb 3, 2025

Communities in the U.S. are turning to the courts as climate costs rise

Eleven U.S. States, as well as dozens of counties and cities file lawsuits Climate action lawsuits demand payment Supreme Court declines to review key case By Carey...

Nigeria
Feb 3, 2025

Nigeria blocks oil export permits to producers that do not meet refinery quotas

Nigeria's upstream regulator of oil said Monday that it will deny export permits to producers who do not meet their stipulated quota for local refineries. This includes...

Canada
Feb 3, 2025

US construction spending exceeds expectations in December

The U.S. Construction spending in December increased more than anticipated, thanks to the single-family homebuilding boom. However, high mortgage rates may limit further gains in residential construction....

United States
Feb 3, 2025

Ontario cancels Starlink contract in latest Canadian tariffs protest

Ontario, Canada announced on Monday that it had cancelled a C$100,000,000 ($68.12,000,000) contract with Elon Musk’s Starlink. This is the latest in a series of retaliatory moves...

United States
Feb 3, 2025

Germany's election: polls, parties, and policy debates

Germany will hold an immediate national election on February 23 after the collapse of Chancellor Olaf Scholz’s three-way alliance. The main political parties, their polling positions, and...

Canada
Feb 3, 2025

Gold reaches record highs as Trump tariffs encourage safe-haven purchases

Gold prices reached a record high on Monday. This was boosted by the inflow of safe-haven assets after U.S. president Donald Trump's tariffs against Canada, China, and...

India
Feb 3, 2025

Castrol India's Q4 profits rise on the steady demand for automotive lubricants

The steady demand for Castrol India's products helped the company to post a 12% increase in its quarterly profit. The company, which is 51% owned and controlled...

Canada
Feb 3, 2025

After US tariffs, Canada is expected to divert aluminum to Europe

Physical market traders reported that the price of aluminum for European consumers buying on the physical markets has fallen due to an expectation that Canadian shipments will...

Pakistan
Feb 3, 2025

Pakistan signss agreement to defer $1.2 Billion payment for Saudi Oil

The Pakistani Prime Minister's Office announced that the Pakistan signed an agreement on Monday with the Saudi Fund for Development, delaying by one year the payment of...

Africa
Feb 3, 2025

Africa's GDP Recalculation Campaign is presented to the G20 but there are many skeptics.

African countries are planning to make a new push this year at international summits for standard measures of strength economics such as the GDP in order to...

Canada
Feb 3, 2025

Trump's tariffs cause trade war concerns among auto giants and nuclear firms

The U.S. imposed sweeping tariffs on Mexico, Canada, and China, sparking fears of a potential trade war which could cripple corporate growth and profits. Investors have flocked...

Germany
Feb 3, 2025

Fertiliser company K+S warns that tariffs will affect U.S. Farmers

German mining company K+S said that the United States' proposed import tariffs would be very difficult for American farmers. When asked about the tariffs, the company stated...

Germany
Feb 3, 2025

ADNOC's agreements with European companies

ADNOC (Abu Dhabi National Oil Co.), a state-owned company, has pursued a number of mergers and acquisitions with European companies with the aim to diversify its chemicals...

Mexico
Feb 3, 2025

Morning Bid America-Markets are frightened by the 'Tariff Man.'

Alun John is the EMEA Breaking News Correspondent for Finance and Markets. He gives us a look at what's ahead on U.S. markets and the global market....

Mexico
Feb 3, 2025

Canadians cancel their trips and ban American alcohol after Trump's tariffs

Canadians have cancelled trips south of border, boycotted U.S. products such as alcohol and other goods and even booed sporting events following the announcement by U.S. president...