According to the central bank's chief economist Adrian Armas, the economy of Peru is expected to grow by just over 3% during the second quarter 2025. This...
U.S. Department of Energy announced on Friday that it will provide up to one million barrels of crude from the government’s emergency reserve at Exxon Mobil’s Baton...
Baker Hughes, a leading energy services company, said that the U.S. firms have cut back on the number of oil rigs and natural gas production for the...
Saudi Arabia's Energy Ministry said Friday that the Kingdom had fully complied with its voluntary OPEC+ production target. It added that Saudi marketed crude supplies in June...
A court document released on Friday revealed that the top court of Spain's Galicia region in northwestern Spain has ordered authorities to eliminate pollution associated with intensive...
HSBC, the British bank, joined major U.S. banks in leaving the climate coalition as the ambitions of some governments to achieve net zero dwindled. HSBC stated that...
Documents from the company showed that Berlin had reached a preliminary deal with Thyssenkrupp in order to gain influence over its defence division TKMS. This is ahead...
Sources familiar with Friday's discussions reported that the majority of European Union countries are in favor of a plan to reach an agreement on their new target...
Donald Trump, the U.S. president, left on Friday for a trip in central Texas to assess the damage caused by flash floods that occurred on July 4,...
Venezuela's PDVSA state-run hydrocarbon sales abroad were $17.52 billion in 2024, according to results documents seen by during a period when U.S. licensing allowed foreign partners to...
Gold prices rose 1% on Friday to a new one-week-high as investors sought safe-haven assets following the announcement by U.S. president Donald Trump of new tariffs. By...
HSBC, a British bank, announced on Friday that it has decided to leave the main climate coalition for banking. However, HSBC remains "resolute" about its goal of...
BMW's CEO stated on Friday that he is optimistic about the European Union and United States reaching a "manageable agreement" on auto import tariffs. This could include...
The tariffs imposed by Donald Trump since his inauguration on January 20, 2017 have sent shockwaves through financial markets, and uncertainty has spread throughout the global economy....
Global stocks dropped on Friday as U.S. president Donald Trump escalated his tariff war against Canada. This left Europe in the firing lines, causing a modest investor...
Anthony Mukutuma, FQM’s Country Director in Zambia, said that the recent investment by First Quantum Minerals in Prospect Resources was key to extending mine life at Sentinel...
Marines from the United States on the streets of Los Angeles. Immigration officers masked at popular restaurants and courthouses. Travel bans for more than a dozen nations....
France's barley and wheat harvests are still well ahead of normal pace. However, maize conditions have declined after a hot summer start, according to FranceAgriMer, the farm...
Ford and German employee representatives announced on Friday that the company has agreed to an employment protection plan at its Cologne factory, which will cover over 10,000...
The U.S. president Donald Trump will be in central Texas this Friday to assess the damage caused by the flash flood of July 4, which killed at...
The copper price fell on Friday, as investors feared that a 50% tariff would be levied on U.S. imports of the metal. Speculators also unwound their positions....
Goldman Sachs announced on Friday that the Bank of Japan would sell its exchange-traded fund (ETF) holdings gradually in the market rather than opting for other ideas...
The International Energy Agency reported on Friday that the revenue of Russia from crude oil and petroleum products sales in June fell by nearly 14% compared to...
International Energy Agency (IEA) said Friday that the world oil market could be tighter than appears, despite an apparent surplus in supply and demand, as refineries increase...
Iron ore futures were up on Friday, and headed for their third weekly gain. This was fueled by renewed hope that China's crackdown against a price war...
Gold prices rose on Friday for a third consecutive session, after U.S. president Donald Trump announced new tariffs against Canada and threatened broader tariffs against other trading...
A senior Reliance Industries official stated on Friday that India must increase its petrochemical capacity to meet the local and global market demand, and to contain China's...
Mark Bristow, CEO of Barrick Mining Corp, said that copper miners are still optimistic about the future prospects of the metal, despite a 50% tariff looming in...
The London Metal Exchange (LME) and Shanghai Futures Exchange (SFE) were both range-bound Friday. After an initial shock following the U.S. announcement that it would impose a...
Sources said that China's leading copper smelters chose not to set guidance for an important copper processing charge during the third quarter. This is the second time...
On Saturday, Australian Prime Minister Anthony Albanese will depart for Shanghai in an official visit to China. Regional security tensions as well as efforts to increase economic...
The shares of Australian rare-earths miners including Lynas, Iluka Resources and MP Materials, which is based in the United States, surged on Friday following a multi-billion dollar...
The demand for physical gold was sluggish across the major Asian markets this week as volatility in prices weighed on sentiment. Premiums in China remained firm, while...
Russian authorities confirmed that overnight Ukraine drone attacks killed one person, damaged an agricultural enterprise and targeted Moscow, as well as scores of other Russian regions. The...
Stella Qiu gives us a look at what the future holds for European and global markets. On Friday, the markets were jolted from what appeared to be...
Some offshore wind turbine (OWT) support structures may fall short of required fatigue life expectations, according to a new Lloyd’s Register (LR) report, which also pinpointed reliability-based...
Officials said that nine passengers were killed by armed men after they kidnapped them in Pakistan's southwest Balochistan Province. Shahid Rind, spokesman for the provincial government, confirmed...
Iron ore futures continued to rise on Friday and are headed for their third consecutive weekly gain. This is due to renewed hope that China's crackdown against...
Gold prices rose Friday, after U.S. president Donald Trump announced new tariffs against Canadian imports as well as broader threats of tariffs to other trading partners. However,...
The London Metal Exchange (LME) and Shanghai Futures Exchange (SFE) saw copper prices range-bound on Friday. After an initial shock from the U.S. announcement that a 50%...
Bloomberg News, citing sources familiar with the situation, reported that President Donald Trump plans to impose a 50% tariff on copper, which would apply to semi-finished products...
Early Friday, oil prices were stable after a 2% decline in the previous session. This was due to President Donald Trump's tariffs that are expected to harm...
LSEG data on Thursday showed that the immediate July price differential between diesel prices in Asia & Europe widened to a discount near $120 per metric tonne,...
U.S. president Donald Trump announced that he will impose tariffs of 50% on all Brazilian products starting August 1. This could have a significant impact on South...
Investors weighed the latest trade announcements by U.S. president Donald Trump on Thursday. The Brazilian real recovered from its losses after Trump announced a 50% tariff against...
Leah Douglas WASHINGTON (July 10) - A union official wrote to EPA Administrator Lee Zeldin Thursday that employees of the U.S. Environmental Protection Agency who were recently...
Authorities say that more than 160 people are still missing six days after flash flooding swept parts of Texas Hill Country, killing at least 120. On Thursday,...
Holders of an important bond defaulted on by Venezuela's PDVSA state oil company asked a New York Judge to ensure that they can claim compensation in an...
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