Adolfo Urso, the Industry Minister, said that the commissioners of Italy’s former ILVA Steel plants would launch a damages claim against ArcelorMittal for 5 billion euros ($5.83billion),...
Terra Brasil Minerals' chief executive said that a $1 billion fundraising drive for the Brazilian rare earths project and fertilizers was attracting global attention. This is because...
The gold price edged upwards on Wednesday, after weak payrolls data in the U.S. reinforced expectations for a rate cut next Monday. Silver also hit a new...
As Europe's transition to renewable energy accelerates, the German division of Dutch grid operator TenneT announced on Wednesday that it will issue debt worth 35 billion euros...
Israel published on Wednesday a draft bill that aims to increase state revenue from a concession to extract minerals from the Dead Sea, as well as tackle...
The European Commission announced plans Wednesday to strengthen the European Union's resilience to threats like a shortage of rare earths by enhancing existing trade measures, and utilizing...
The most powerful German union, IG Metall, said on Wednesday that compulsory layoffs will remain a measure of last resort for conglomerate Thyssenkrupp. It also added that...
The Ukrainian president Volodymyr Zelenskiy announced on Wednesday that he has urged the Minister of Defence Denys Shmyhal, to renew supervisory boards within the defence sector urgently...
Two sources with knowledge of the matter claim that Bernd Bergmair (former majority owner of adult entertainment group Pornhub) has approached the U.S. Treasury to buy international...
The gold price remained stable on Wednesday, as traders awaited U.S. Economic indicators to gauge Federal Reserve policy direction. Silver prices also declined from their record highs....
The copper price reached a new record on Wednesday, thanks to the weaker dollar and concerns about supply. Benchmark LME 3-month copper rose 1.7% to $11,333 per...
Economists on Wednesday said that the Swiss National Bank would not opt for negative interest rates next week or until 2026, despite the fact that inflation was...
Fortescue, an Australian company, announced on Wednesday it would work with China Baowu's subsidiary, the largest steelmaker in the world, to investigate new green technologies for accelerating...
India's JSW Steel is selling the steel business from its Bhushan Power and Steel unit to a joint venture of equal stakes with Japan's JFE Steel, for...
The authorities battling the floods that hit Sumatra, an island in Indonesia, this week and killed around 800 people have asked for additional central government assistance to...
The gold price remained stable on Wednesday, as traders waited for key U.S. indicators to gauge Federal Reserve policy. Silver prices also declined from their new record...
The authorities battling the floods that hit Indonesia's Sumatra island this week, which killed 804 people, have asked for more help from the central government to address...
The Russian rouble fell and the stocks in Russia dropped on Wednesday, after late-night talks at the Kremlin between President Vladimir Putin and Donald Trump's top representatives...
Official data released on Wednesday showed that the annual inflation rate in Switzerland unexpectedly fell by a tenth of a percent point to zero. This was a...
The price of iron ore futures fell slightly on Wednesday due to weaker demand signals. Traders were also awaiting the outcome of upcoming Chinese economic meetings for...
The copper price rose on Wednesday, hovering near the highs set earlier this week. Supply concerns fueled the overall bullishness surrounding the metal. Meanwhile, the market focused...
Marie Jaroni is the head of Thyssenkrupp’s steel division. She estimates that a restructuring agreement, which will result in the loss or outsourcing of 11,000 jobs, will...
The price of gold was unchanged at the end of Asia trading on Wednesday, as investors awaited the release of a number of U.S. economic data that...
The global shares are on a more stable footing today, thanks to an overnight rebound in Wall Street and the abating of a short selloff on bond...
Analysts and trade officials reported that India's imports of iron ore reached a six-year-high this year, as steel mills increased overseas purchases in order to meet shortages...
Rae Wee gives us a look at what the European and global markets will be like tomorrow. In the last month, there have been several instances where...
Silver soared to record levels on Wednesday, as investors held onto expectations of a Federal Reserve interest rate cut. This week, a number of U.S. economic data...
Sify Infinit Spaces, India's first publicly listed data center operator sees AI as driving the demand for computing power, but it is tempering its future investments in...
The oil price fell for the second session in a row on Wednesday as traders awaited an outcome from Russia-Ukraine talks that may boost supply. Meanwhile, concerns...
A survey released on Wednesday showed that Saudi Arabia's private non-oil sector expanded at the fastest rate in ten months in November. This was driven by robust...
The price of iron ore rose on Wednesday, as the optimism about higher steel prices overshadowed concerns about a slowdown in hot metal production. As of 0322...
The market has now been focused on the Federal Reserve's upcoming rate announcement next week. As of 0245 GMT, the most traded copper contract at the Shanghai...
The oil prices dropped for a second consecutive day on Wednesday, as investors waited to find out if the peace talks between Russia and Ukraine could lead...
Valero Energy will upgrade its large crude distillation unit in Port Arthur's Texas refinery, which produces 380,000 barrels per day, in February, according to people familiar with...
Predictive Discovery, an Australian gold explorer, announced on Wednesday that it received a superior proposal from Perseus Mining. The company was valued at approximately A$2.1 billion (1.38...
Motiva Enterprises will perform maintenance on a coker this December and overhaul its large crude distillation system in September 2026, according to people familiar with the plant's...
Gary Pedersen said that Gunvor's CEO Gary Pedersen had no immediate plans to rebrand. He took over the company in a management buyout a day earlier, less...
The U.S. Department of Energy announced on Tuesday that it would provide up to $850 million in support of the development of small modular nuclear reactors by...
The gold price fell by over 1% Tuesday, as investors took profit after a six-week peak in the previous session. They also awaited important U.S. data before...
In just a few short years, China's electric vehicle industry has captured more than half of its domestic market. This has led to a decline in sales...
Saudi Arabia, which is the top oil exporter in the world, approved its budget 2026 on February 2. It forecasts a deficit next year of 165 billion...
Gary Pedersen stressed that business was as usual at Gunvor, the Swiss commodities trader, during an interview on Tuesday. A day earlier, Pedersen had taken over following...
TAE Technologies is a private company that has been backed by Alphabet, Google, and Chevron. On Tuesday, it announced a joint venture to develop neutral beams in...
Chris McDonald, Minister of Industry in Britain, said that the UK has no intention to follow the United States and provide a floor price for domestic rare...
The gold price fell on Tuesday, as investors took profit after a six-week peak in the previous session. However, expectations of Federal Reserve rate reductions provided some...
According to a report by the state news agency TASS on Tuesday, dividends from the state-owned Russian electricity companies will fund investments in the industry. The article...
Dmitry Patrushev said that Russia has been the largest exporter of wheat in the world this year. He oversees the Russian agricultural sector. Patrushev, who oversees the...
OPEC+ said that members of the group will be assessed annually for their oil production capacities starting in 2020. This assessment is to be used by 2027....
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