Latest news

Italy
Mar 4, 2025

India's April to January finished steel imports from S. Korea, China and Japan reached record high

According to preliminary government data, seen on Tuesday, India's finished-steel imports from China and South Korea, as well as Japan, reached a record in the first ten...

Canada
Mar 4, 2025

Rwanda says Canada export permit, business suspension over Congo war 'shameful'

Rwanda said that Canada's position regarding the conflict in eastern Democratic Republic of Congo is "shameful" and that Ottawa's measures against Kigali will not solve the conflict....

United Kingdom
Mar 4, 2025

Oil prices fall on OPEC+ production increase and US tariff uncertainty

The oil prices continued to fall on Tuesday after reports that OPEC+ would proceed with a planned production increase in April, while the markets prepared for U.S....

United States
Mar 4, 2025

Seven & i shares fall after report rejecting Couche-Tard's bid

The shares of Seven & i fell as much as 12% Tuesday following a report that the 7-Eleven owners plans to reject a takeover offer worth $47...

South Asia
Mar 4, 2025

IMF: Sri Lanka must avoid tax exemptions and focus on budget passage

An IMF official stated on Tuesday that Sri Lanka should not give tax exemptions, but instead focus on adopting a national budget in accordance with the parameters...

Wind Farms
Mar 4, 2025

Australia Grants Feasibility Licenses for 3.2GW Offshore Wind Projects

The government of Australia has granted feasibility licenses for two offshore wind projects with a total planned capacity of 3.2 GW, to be developed off the coasts...

Saudi Arabia
Mar 4, 2025

PMI data shows that Saudi Arabia's private non-oil sector grew strongly in February.

A survey released on Tuesday showed that the Saudi Arabian non-oil sector's growth continued to be robust in February. This was due to strong sales by customers...

China
Mar 4, 2025

Shanghai's base metals benefit from China stimulus hopes

Shanghai's base metals gained Tuesday, as the market hoped for more stimulus in China, the largest metals consumer in the world, and an improvement in manufacturing in...

China
Mar 3, 2025

Iron ore falls ahead of Trump tariffs

Iron ore futures fell on Tuesday as the U.S. import tariffs against China were set to take effect in just a few hours. As of 0307 GMT,...

United States
Mar 3, 2025

JD Vance: Giving US economic interests in Ukraine is a guarantee of security

JD Vance, the U.S. vice president, told Fox News Monday that Washington's economic interest in Ukraine's future will provide a guarantee of security for the country which...

United States
Mar 3, 2025

Oil prices drop on Ukraine aid pause and tariffs, as well as OPEC+ production increase

The oil prices fell on Tuesday, after U.S. president Donald Trump suspended military aid to Ukraine. Markets were also preparing for the impending U.S. tariffs against Canada,...

China
Mar 3, 2025

Shanghai copper gains on China stimulus hopes

Shanghai copper prices rose Tuesday, on the hope of more stimulus coming from China, which is the world's largest metals consumer. Shanghai Futures Exchange's most active copper...

United States
Mar 3, 2025

Financial Times – March 4, 2019

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...

United States
Mar 3, 2025

Reynolds Wrap must face a lawsuit over its 'Made in USA" claim

A U.S. court ruled that Reynolds Wrap, the maker of aluminum foil, must face a class action lawsuit alleging it misled customers who wanted to buy American...

Ireland
Mar 3, 2025

Watchdogs warn that Ireland could face a 26 billion euro EU Climate Bill

Ireland could face EU compliance costs between 8 billion and 26 billion euro ($8,4 billion to $27.2 billion) if its plans for reducing emissions are not implemented...

United States
Mar 3, 2025

More than 1,000 NOAA scientists protest layoffs in Colorado

On Monday, over 1,000 protesters gathered in Boulder, Colorado to protest the Trump administration's decision to lay off what two employees claimed was upwards of 10% of...

South Korea
Mar 3, 2025

Yonhap reports that South Korea has expressed interest in the Alaskan gas pipeline project.

Yonhap News Agency reported that South Korea as a major fossil fuel importer has expressed an interest in a $44billion gas pipeline in Alaska, which would be...

Switzerland
Mar 3, 2025

UN to hold extra session on plastics

The United Nations Environment Programme announced on Monday that a new round will be held in Geneva from 5-14 August to negotiate a global treaty on plastics....

United States
Mar 3, 2025

Russell: OPEC+’s 'healthy crude oil market' is an illusion. Trump effect is not.

The OPEC+ group, which includes crude oil exporters, justified its decision to increase production pointing out "the healthy fundamentals of the market and positive market outlook." They...

United States
Mar 3, 2025

Stocks drop as Trump says tariffs start Tuesday; euro gains

U.S. stock prices ended sharply down Monday. The S&P 500 posted its largest daily percentage drop since 18 December after U.S. president Donald Trump announced that 25%...

Austria
Mar 3, 2025

OMV and ADNOC will merge their polyolefins business and bid $9.4 billion for Nova Chemicals

OMV Austria and Abu Dhabi National Oil Company agreed to merge their businesses in polyolefins through a joint-venture, which will bid $9.5 billion for Canada's Nova Chemicals,...

United Kingdom
Mar 3, 2025

US stocks continue to fall after Trump's tariff remarks; euro up

U.S. stock prices fell sharply on Monday after U.S. president Donald Trump announced that 25% tariffs would be imposed on Canada and Mexico on Tuesday, and that...

China
Mar 3, 2025

Ecuador awards 20-year production sharing contract to New Stratus Energy, Sinopec-linked consortium

New Stratus Energy announced on Monday that a consortium consisting of subsidiaries of China's state energy giant Sinopec, and Canada's New Stratus Energy was awarded a production-sharing...

Iraq
Mar 3, 2025

OPEC+ will proceed with its planned April oil production hike

OPEC+ announced on Monday that it would proceed with a planned increase in April oil production. This decision follows the renewed pressure from Donald Trump on OPEC,...

Africa
Mar 3, 2025

East Congo rebels kidnap at least 130 hospitalized patients, UN reports

The United Nations reported on Monday that M23 rebels supported by Rwanda, who launched an offensive in eastern Congo last week abducted at least 131 sick and...

Mineral Resources
Mar 3, 2025

LME Updates Trading Rules Ahead of Platform Launch on March 24

The London Metal Exchange announced changes to its electronic trading policy ahead of its launch of "LMEselect V10," the new trading platform. This is scheduled to take...

United States
Mar 3, 2025

Alabama Power will build a 150-MW battery storage system at the former site of a power plant

Utility Southern Co’s Alabama unit announced on Monday that it would develop a utility-scale, battery energy storage system of 150 megawatts (MW) at the former site of...

Environment
Mar 3, 2025

Vanguard resumes its stewardship meeting after reviewing SEC guidance

Vanguard, the top mutual fund company in the world, has resumed its stewardship meeting with portfolio companies following a review of new guidelines from securities regulators. A...

United States
Mar 3, 2025

Trump will decide US tariffs on Mexico and Canada by Tuesday deadline

His Commerce Secretary said that President Donald Trump would decide on Monday which tariff levels he would impose on Canada and Mexico on early Tuesday morning, amid...

France
Mar 3, 2025

Eurazeo raises $300 million for the Planetary Boundaries Fund

French private equity investor Eurazeo announced that it had raised a total of 300 million euros (314.64 million dollars) for a new fund investing according to the...

Africa
Mar 3, 2025

Uganda signss first production sharing agreement to revive copper mine

Uganda signed its first mining sharing agreement (PSA), to redevelop an abandoned copper and cobalt-mine in the west of the country, near its border, with Democratic Republic...

Austria
Mar 3, 2025

Grossi, IAEA's Grossi, defends sending staff to Zaporizhzhia nuclear plant through Russia

Rafael Grossi, the U.N. chief nuclear watchdog, defended his decision on Monday to send staff across Russian territory in order to relieve their colleagues at the Russian-occupied...

United States
Mar 3, 2025

US construction spending declines unexpectedly in January

U.S. Construction Spending unexpectedly declined in January. This was mainly due to a decrease in multi-family housing construction. Census Bureau of the Commerce Department reported on Monday...

United States
Mar 3, 2025

Gold prices rise on weaker US Dollar and tariff worries

Gold prices increased on Monday, after falling to a low of three weeks in the previous session. This was due to a weaker US dollar and investors...

Canada
Mar 3, 2025

As Tuesday deadline approaches, Trump will decide US tariff rates on Mexico and Canada

Donald Trump, the U.S. president, is expected to announce on Monday which tariffs will be imposed on Canada and Mexico on early Tuesday morning. This decision comes...

South America
Mar 3, 2025

At least 15 people have died in a bus crash in Bolivia

Police said that a truck travelling along a highway in southern Bolivia collided early Monday morning with a bus, pushing it off the road. At least 15...

Germany
Mar 3, 2025

Police report that one person has died after a car crashes into a crowd in the German city of Mannheim.

A police spokesperson reported that a vehicle drove into a crowd in Mannheim, west Germany. The car hit one person and injured several others. The spokesperson said...

Mexico
Mar 3, 2025

Wall Street prepares for possible fallout when Trump tariffs against Canada and Mexico are near

The Trump administration has delayed the implementation of new tariffs against Mexico and Canada for a month. The reprieve will end on Tuesday. The U.S. Commerce secretary...

Ghana
Mar 3, 2025

Ivory Coast's gold production expected to hit record high in this year

Jean-Claude Diplo told a leading industry official that the Ivory Coast is expecting to reach a record gold production this year. The mine Lafigue, which opened in...

United States
Mar 3, 2025

JP Morgan expects copper to reach $11,000/mt by 2026; 10% tariffs in late 3Q25

JP Morgan said that it expects global copper deficits to reach 160,000 metric tonnes in 2026. The bank also continues to predict copper prices to average around...

Germany
Mar 3, 2025

EU proposes to give automakers three years for CO2 targets

On Monday, the European Commission gave in to pressure from European carmakers and granted them an extra three years to reach CO2 emissions targets for 2025. Ursula...

United Kingdom
Mar 3, 2025

Document shows that Ras Al Khaimah, UAE, has hired banks to issue Islamic bonds

A document published on Monday showed that Ras Al Khaimah - one of the seven city states of the United Arab Emirates - has instructed banks to...

Italy
Mar 3, 2025

Stocks of arms companies soar after the German parties' defense sea change

After reports that the next likely government would be considering a major fiscal overhaul for Europe's largest economy, Europe's defense stocks surged. Shares of defence contractors such...

United Kingdom
Mar 3, 2025

Stocks of arms companies soar after the German parties' defense sea change

After reports that the next likely government in Germany was considering a major fiscal overhaul for Europe's largest economy, Europe's defense stocks surged on Monday. Shares of...

United Kingdom
Mar 3, 2025

US farmers survive the crop-price crisis by grazing sheep under solar panels

The Raines family did not plant any cotton seeds last year for the first time in 4 generations. Chad Raines parked the tractor and rented most of...

United Kingdom
Mar 3, 2025

Copper under pressure from US tariff threats, but China data supports

The threat of tariffs against U.S. imports put pressure on copper prices on Monday, but a stronger industrial sector in China raised the hopes of a stronger...

United States
Mar 3, 2025

Gold as a safe-haven gains due to weak U.S. Dollar and tariff worries

Gold prices rose on Monday, after a session in which they had fallen to a record low. This was due to a weaker US dollar and the...

Israel
Mar 3, 2025

Stellantis adds two new members to its board of directors in order to improve financial oversight and tech expertise

Stellantis, a carmaker, announced on Monday that it had nominated Daniel Ramot, Alice Schroeder, and proposed the reelection of five other board members. The mandates of seven...

United States
Mar 3, 2025

Shares of European arms makers 'turbocharged by hope for defence spending'

Stocks of European arms manufacturers surged Monday on the back of increased defence spending in Europe. On Sunday, at a summit held in London, just two days...

China
Mar 3, 2025

Iron ore prices at a 6-week low due to rising US tariff tensions

Iron ore futures declined for the sixth consecutive session on Monday, as trade tensions increased between the U.S. The May contract for iron ore on China's Dalian...