The European steel association Eurofer stated on Tuesday that EU measures to halve the amount of tariff-free imports to the bloc would save the industry from a...
Bloomberg News, citing sources familiar with the situation, reported that Shell has advanced talks with Abu Dhabi state oil company ADNOC about a possible deal to sell...
The gold price rose more than 1% on Monday as the U.S. Dollar weakened. Meanwhile,?hopes?of a resumed U.S. Iran talks boosted prices by easing inflation fears. By...
Greenland's Prime Minister said Tuesday that he appointed his predecessor Mute Egede to the position of?foreign ministry, giving him the task of steering the relations with the...
The chief economist of the International Monetary Fund said that central banks may need to inflict more pain on the economy to control inflation caused by the...
The 'International Monetary Fund' said that the growth of the Eurozone will slow and the inflation rate will rise this year, forcing the European Central Bank to...
Medecins Sans Frontieres reported on Tuesday that it had'recorded two deaths' and treated 56 injured people after five drone attacks carried out by the Sudanese Armed Forces...
Albertsons' annual sales were below Wall Street estimates on Tuesday. They attributed this to the intense competition between Walmart and Amazon.com, two of its biggest rivals. The...
Eurofer, the European steel association, said that the EU's?measures aimed at halving the volume of tariff-free steel imported into the EU will prevent the industry from a...
China's copper concentrate imports increased in the first quarter of this year, according to official data released by the country on Tuesday. This was despite the fact...
Customs data released on Tuesday showed that China's steel exports in March were down 12.6% compared to the previous year. The Middle East conflict and a new...
CarMax, a retailer of used cars, reported a?loss for the fourth quarter on Tuesday. This was due to a goodwill impairment charge and declining margins. In premarket...
On Tuesday, global stocks rose and oil prices fell. The dollar also lost its appeal as a safe haven. Investors bet that the Middle East conflict will...
The World Steel Association cut its forecast on global 'crude steel demand' for this year. This was partly because of the Iran War, which has slashed Middle...
Sinopec, the Chinese state oil company, has purchased Russian crude oil in both March and April after the U.S. lifted sanctions temporarily to ease global supply shortages....
The copper price soared to its highest level in six weeks Tuesday, thanks to optimism?about resuming peace talks between the U.S. and Iran as well as a...
The Kremlin stated on Tuesday it was pleased that Peter Magyar, the Hungarian prime minister-elect, seemed "ready for a pragmatic dialogue with Russia" and would base its...
Shell's notice of the meeting states that it will allow its shareholders to vote on a resolution presented by climate activist investor groups Follow This and recommend...
Investors bet on the resolution of the Middle East conflict even as the U.S. blocked Iran’s ports following the collapse of the peace talks over the weekend....
Aino Bunge, deputy governor of the central bank, said that Sweden's low inflation would?give it some room to deal with supply-side shocks. But if the war in...
On 'Tuesday, copper rose to its highest level in over a month as concerns about rising energy costs grew - and the dollar weakened on the hope...
Gold prices increased?on a?Tuesday?, aided by a softer Dollar and easing fears of inflation. Oil prices fell on the hope that further U.S. Iran peace talks would...
The Iran 'war caused fuel prices to surge, clouding the outlook for rate cuts. Data from the National Statistics Board on Tuesday showed that consumer prices increased...
Iron ore futures fell on Tuesday after China's state-owned iron ores buyer lifted previous bans on the shipment of a?key ingredient for steelmaking from Australian miner BHP....
The U.S. Military began blocking shipping traffic in and out Iran's port. This would prevent approximately two million barrels per day of Iranian oil from reaching the...
Stegra, the Swedish green steel startup, announced on Tuesday that it had raised 1.4 billion euro ($1.65 billion), a funding consortium led by Sweden's influential Wallenberg family....
Sources told?Tuesday that China, as the world's biggest consumer of iron ore, had lifted its bans on purchasing?the key ingredient for steelmaking from mining giant BHP Group....
The final statistics from the Statistics Office showed that consumer?prices, as measured by a 'fixed interest rate' (CPIF), were down 0.6% on a monthly basis in March...
The rejection by Hungary of Viktor Orban, a right-wing nationalist after 16 years at the helm?is a shot in arm for its internal markets. It should also...
On Tuesday, the Philippines' Energy Secretary Sharon Garin announced that her country is asking for an extension of a waiver allowing it to buy Russian oil and...
Asian stocks rose on Tuesday, while oil prices fell and the safe haven dollar dropped. Investors bet on a solution to the Middle East conflict despite the...
On?Tuesday, gold rebounded from a near-one-week 'low? hit the day prior,?on a softer dollar, and as oil prices dropped on hopes of more U.S. Iran peace talks,...
Three sources said that a sulphur scarcity, caused by the Iran War, forced nickel processors in Indonesia to reduce their output?by 10% or more since last month....
Rae Wee gives us a look at what the future holds for European and global markets. Markets on Tuesday were 'riding' a hope of a resolution by...
Sika, a Swiss chemical group that manufactures products for construction in China, reported a decline?in sales?for its first quarter on Tuesday. The drop was attributed to a?stronger...
Gold prices rebounded from a one-week low on 'Tuesday, as oil prices dropped on the hope of more U.S. Iran peace talks and eased inflation fears. As...
The price of iron ore futures dropped on Tuesday, as the Australian supply recovered from Cyclone Narelle's disruptions. Weak lending data and no signs fiscal easing were...
The copper price rose to its highest level in over a month, on 'Tuesday. Investors were worried about energy-driven rising costs. Meanwhile, the U.S. Dollar softened as...
U.S. President Donald Trump nominated Michelle Steel, a former 'California Congresswoman, to become 'the U.S. Ambassador to Seoul. This post has been vacant for the entire second...
Tyson Foerster's lone goal in the shootout, which included an extra round, gave the Philadelphia Flyers the 3-2 win over the Carolina Hurricanes. This was the penultimate...
South Korean President Lee Jae Myung said that the rising tensions in the Strait of Hormuz make it difficult to be optimistic regarding the aftermath of the...
Asian stocks rose on Tuesday, while oil prices and the safe haven dollar fell. The U.S. claimed it was "continuing to engage" with Tehran in order to...
Early Asian trade on Monday saw oil prices fall as signs of a?potential U.S. Iran dialogue to end the?war decreased concerns about supply risk resulting from?the U.S....
Ivan Arriagada, the Chief Executive of Antofagasta Minerals, said that rising fuel costs and sulfuric acids are their biggest concerns in the near future, despite the fact...
Benchmark Mineral Intelligence revealed on Tuesday that high petrol prices in Europe drove car buyers to EVs, leading to the first global EV growth month this year....
The European Union has reached a preliminary agreement on Monday that will nearly halve steel imports and impose 50% tariffs on any excess shipments in order to...
Chris Wright, the U.S. Department of Energy's Secretary of Energy, said on Monday that oil prices will likely reach their peak in the "next few weeks" when...
Wall Street's major indexes closed sharply higher Monday, as investors hoped for a de-escalation of the Middle East and focused on the first quarter earnings season. Below,...
The British government announced that British Finance Minister Rachel Reeves would tell her international counterparts traveling to Washington this week about the "securonomics", or approach, she uses...
The International Monetary Fund, World Bank and International Energy Agency urged on Monday that countries should not hoard energy supplies or impose export controls which could worsen...
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