Hegseth, the U.S. Defense Secretary, made fiery remarks to Congress on Wednesday. He defended the Iran War by saying it was not a "quagmire" and called Democratic...
A senior Pentagon official said that the United States war against Iran had 'cost' $25 billion to date. This was the first estimate of the cost for...
Analysts estimate that Thyssenkrupp's share of the proceeds from Kone's proposed purchase of liftmaker TK Elevator is nearly two thirds of its current market capitalisation. According to...
Researchers in Rio de Janeiro reported that the coral cover on Brazil's Abrolhos reefs, which is the most biodiverse ecosystem of the South Atlantic, had fallen by...
Analysts estimate that Thyssenkrupp will benefit from Kone's $34.4 billion acquisition of liftmaker TK Elevator. According to Jefferies' and JPMorgan's estimates, the windfall would be as high...
Three sources with knowledge of the matter said that India's state oil refineries are only using a limited amount of the "special FX credit lines" offered by...
The gold price fell for the?third consecutive session on Wednesday as inflation concerns linked to the?ongoing?conflict? in the Middle East clouded monetary policy outlooks. Meanwhile, the U.S....
Researchers in Rio de Janeiro have reported that the coral cover on Brazil's Abrolhos Reefs, which is the most biodiverse coral system in the South Atlantic has...
Ukraine has used drones to strike what it claims is an oil pumping facility in Russia, near the Ural Mountains. President Volodymyr Zelenskiy said Kyiv will continue...
The military reported that Nigerian troops killed 18 'Islamist militants' and destroyed several insurgent camps in coordinated operations across the 'Borno State, as the security forces increased...
Prices rose for the first day in five on Wednesday, as Chinese demand and worries about disruptions to sulphuric and diesel supplies boosted prices. In official open...
The energy shock caused by the Iran War is causing countries around the world to look for ways to conserve fuel. This could be through encouraging remote...
?Phillips 66 announced a surprising first-quarter profit a day earlier, after higher refining rates helped offset'severe losses due to volatile commodity prices. The U.S. Gulf Coast?Refiners? are...
European stocks dropped on Wednesday, but Wall Street Futures were up. Markets struggled to find direction as they awaited the?earnings of major U.S. tech firms and the...
A UAE official said on Wednesday that the United Arab Emirates was reevaluating its role and contribution?across multilateral organizations but it is not considering further withdrawals 'at...
As rising oil prices fueled concerns about inflation, gold prices fell on Wednesday. Markets awaited the U.S. Federal Reserve chair Jerome Powell to assess future interest rate...
Ares Management has announced that it acquired a stake in the Rover natural-gas pipeline from an?unit of a fellow investment firm Blackstone, for an undisclosed amount. This...
?Baoshan Iron & Steel Co, China's largest?listed steelmaker reported a 8.6% annual drop in its first-quarter net profit? on Wednesday.?Hit by higher costs relating to?feedstocks and sluggish...
What's important in the U.S. and international markets today by Mike Dolan, Editor at Large,?Finance and Markets Today is the culmination of an eventful week, which includes...
Entergy, a U.S.-based electric utility, reported a 6.7% increase?in its first-quarter profits on Wednesday. This was due to a?surge in power demand from data centers?and increased retail...
Volodymyr Zelenskiy, the president of Ukraine, said that Ukraine will continue to increase 'the range of its attacks in Russia. He posted a video of an attack...
Baoshan Iron & Steel Co, China's largest?listed steelmaker reported a?annual?fall of 8.6% in its first-quarter?net profit. This was due to?higher costs for?feedstocks, and sluggish domestic?demand. In a...
Bunge increased its adjusted full-year?profit forecast Wednesday. Citing a'strong oilseeds processing outlook and removing the uncertainty that had weighed down on results in recent quarters after?the U.S....
Vedanta, an Indian conglomerate that converts metals into oil, reported a 92.3% increase in quarterly profit on Tuesday. This was attributed to strong base metal prices which...
Investors struggled to find direction as they awaited the earnings of major U.S. technology firms. The latest Federal Reserve policy meeting and technology companies are key factors....
As a result of?rising oil costs, gold?prices fell on Wednesday. The markets are now closely watching the remarks made by U.S. Federal Reserve Chairman Jerome Powell about...
Analysts and traders said that spot premiums on physical crude are down from the record highs they reached during the Iran war. This is because refiners have...
S&P, the ratings agency, has lowered its outlook for the Czech utility CEZ due to a potential divestment?of its distribution operations. This is part of a planned...
Abu Dhabi National Oil Company notified customers that two crude grades could be 'loaded outside of the Gulf next month, as the Strait of Hormuz was closed....
Fertiglobe, a unit of the state oil giant ADNOC in Abu Dhabi, saw profits jump by 173% in the first quarter, as the fertiliser manufacturer benefited from...
Gold prices dipped on Wednesday as investors awaited comments from U.S. Federal Reserve chair Jerome Powell to assess the economic impact of the Iran War. As of...
Norsk Hydro announced a?larger-than-expected quarterly profit on Wednesday as the Middle East war?leaded to tightening aluminum markets and pushed?up the prices of the metal. The 'Iran -...
Prices of iron ore futures rose on Wednesday, as the central bank of China announced a new policy to increase loan issuance. This eased concerns about consumption....
* The Refining & Chemicals segment quadruples earnings * All businesses experienced growth despite Middle East?output outages * British counterpart BP also reported significant increases in trading...
Wacker?Chemie, a German company, posted a 45% increase in its first-quarter core profits on Wednesday. This was due to cost reductions and orders from customers that were...
Neste, the Finnish oil refiner and biofuel producer, reported a higher-than-expected core income?for its first quarter of 2026, citing the soaring fuel costs due to the Middle...
Gold was largely unchanged on Wednesday as investors awaited the comments of U.S. Federal Reserve Chair Jerome Powell to assess the economic impact of the Iran War...
The markets found their feet in Asian trading on Wednesday, as concerns about the Iran conflict, the health of the AI industry, and corporate earnings eased. Investors...
German semiconductor materials provider Siltronic reported lower-than expected quarterly sales on Tuesday, as the company continued to be affected by an?uncertain market environment. According to a LSEG...
India's gold investment demand surpassed jewellery consumption for the first quarter in history, according to the World Gold Council. Investors turned to the precious metal due to...
The interest rate differentials are telling a story right now, and it is a complex one. Transatlantic policy rate gaps are closing quickly, but if you look...
Investors waited for a U.S. report on gold. Federal Reserve Chair Jerome Powell's comments will be used to assess the economic impact of the Iran War as...
Gregor Stuart Hunter gives us a look at what the future holds for European and global markets. Fed Day is upon us, and it looks more certain...
Sinopec, a Chinese company, said that its refinery and petrochemical utilization rates fell in the first quarter due to the U.S./Israeli war on Iran which disrupted the...
Iron ore prices rose on Wednesday, as the central bank of China announced a plan to expand its loan program. However, declining crude steel use and increasing...
Gold prices were largely stable despite choppy trading on Wednesday, as investors awaited the comments of U.S. Federal Reserve chair?Jerome Powell to assess the economic impact of...
Zhejiang Huayou Cobalt announced on Tuesday that the?Indonesian?unit will temporarily stop some production lines starting May?1, cutting about half of the plant's?output. This is after rising sulphur...
The markets started off with a mixed start on Wednesday, as concerns?about the Iran Conflict and the health of the AI Sector dominated the trading session ahead...
China has increased its customs inspections to enforce the new controls on fertilizer exports as the gap between domestic and foreign prices continues to widen after the...
Vale, a major iron ore producer in the world, posted a 36% increase to its?first-quarter 'net profit,' as it increased?sales volume and enjoyed higher prices. However, this...
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