Latest news

Italy
Feb 28, 2025

Italy's Government adopts a plan to return to nuclear energy

The Italian government adopted a new law on Friday that will allow the return of nuclear energy, almost 40 years after its ban by referendum. Prime Minister...

United States
Feb 28, 2025

Copper falls to its lowest level in more than two weeks amid trade war fears

Copper fell to its lowest level in over two weeks on the Friday. Worries about a trade conflict in response to new U.S. Tariffs could hurt economic...

Brazil
Feb 28, 2025

Brazil could nominate three Eletrobras directors under a mediated deal

Brazil's Government and local power giant Eletrobras reached a preliminary agreement in a mediation procedure that could allow for the state to nominate three members of company's...

China
Feb 28, 2025

China coal industry proposes curbs on production and imports

On Friday, two coal industry groups, China's biggest producer and consumer, urged their members to limit the amount of fuel they import and to reduce the output...

Africa
Feb 28, 2025

At second attempt, nations agree on a plan to finance nature conservation

This week, a group of countries gathered in Rome to agree on a plan that will generate $200 billion a year in financing by 2030 in order...

United States
Feb 28, 2025

MPLX will buy the remaining interest in BANGL Natural Gas Pipeline for $715 Million

MPLX, a midstream company that focuses on expanding its Permian presence, announced Friday that it will purchase the remaining 55% of the BANGL pipeline from affiliates WhiteWater...

Mineral Resources
Feb 28, 2025

Severstal, a Russian construction company, warns of risks in the region that bans migrant workers

Severstal, a Russian steelmaker, slammed the decision of a regional governor on Friday to ban migrant construction workers. The company said that the move could have serious...

Africa
Feb 28, 2025

Northam CEO: Platinum market will "turn" from current slump

Northam Platinum CEO Paul Dunne stated on Friday that the platinum market would improve as a result of the growing supply deficit, while production decreases. The company...

United States
Feb 28, 2025

AES Corp. forecasts higher than expected annual profits on new renewable energy project

AES Corp., a U.S.-based power company, forecast a profit adjusted for inflation that was higher than Wall Street's expectations on Friday. It attributed this to the contribution...

Serbia
Feb 28, 2025

After meeting with Russian spy chief, Deputy PM accuses West destabilising Serbia

Serbia's vice prime minister, following up on a Moscow meeting with Russia’s spy chief, accused Western intelligence agencies of destabilising the country on Friday by supporting months...

South Asia
Feb 28, 2025

In October-December, India's economy grew at 6.2%.

Data released on Friday revealed that India's economy expanded by 6.2% between October and December, slightly below expectations, but faster than the previous quarter due to increased...

South Asia
Feb 28, 2025

INSTANT VIEW: India's economy grew 6.2% between October and December

Data released on Friday revealed that India's economy expanded by 6.2% between October and December, slightly below expectations, but faster than the previous quarter due to increased...

Qatar
Feb 28, 2025

Siemens Energy will supply Rolls-Royce equipment for small reactors

Siemens Energy announced on Friday that it had entered into a partnership which is expected to make Siemens Energy the exclusive provider of conventional technology to future...

Luxembourg
Feb 28, 2025

ArcelorMittal South Africa will cease production of long steel by April

ArcelorMittal South Africa announced on Friday that it will stop producing long steel by April of this year, after talks with the government did not succeed in...

Africa
Feb 28, 2025

The roofs of La Reunion are blown off by Cyclone Garance, which has hit the French island.

On Friday, Cyclone Garance hit the French overseas territory La Reunion at top winds speeds of 155 km/h (96mph), destroying roofs and preventing residents from accessing drinking...

Mineral Resources
Feb 28, 2025

Russian diamond producer Alrosa announces a 77.3% profit drop for the full year

Alrosa, the diamond-producing company in Russia that has been hit by sanctions, reported on Friday a drop of 77.3% on its 2024 net profits year-on-year. The revenue...

Ukraine
Feb 28, 2025

Russia arrests two church leaders over an alleged Ukrainian plot against a Putin-linked priest

The Russian FSB security agency said that it arrested two church leaders on suspicion of plotting the murder of a priest who was close to President Vladimir...

Serbia
Feb 28, 2025

Kosovo Businesses at Risk from Trump's USAID Freeze

Kenan Gashi, a shop owner in Kosovo, saws the limbs of old mannequins and then throws them in machines donated by the U.S. Government that shred the...

India
Feb 28, 2025

Asia Gold - India's demand for gold improves with the price of gold falling from its highs

India's demand for gold improved in the second week of this year, but it remained below normal levels as prices fell from their all-time highs. In China,...

Spain
Feb 28, 2025

European shares fall on Trump's tariff plan

The European stock market continued to decline on Friday as the market's sentiment was affected by President Donald Trump's announcement that his proposed tariffs against Mexican and...

China
Feb 28, 2025

China Steel Exports Worried by Iron Ore Loss

The price of iron ore fell on Friday, and was set to fall for the month due to U.S. trade tensions and rising tariffs. The May contract...

United States
Feb 28, 2025

Fugro warns that US headwinds will affect revenue in 2025

Dutch geological data specialist Fugro reported that its fourth-quarter revenues were affected by political uncertainty in the U.S. and further setbacks are expected next year. Fugro, a...

United States
Feb 28, 2025

Holcim cement company beats fourth-quarter earnings expectations

Holcim announced better-than expected earnings for its fourth-quarter on Friday, as the building materials firm gave more details about its plan to spin-off its North American operation....

Wind Farms
Feb 28, 2025

Empire Energy Offshore, Boom Logistics Join Forces for OW in Australia

Empire Energy Offshore has formed a strategic alliance with Boom Logistics, a provider of heavy lifting and logistics solutions, to strengthen Australia’s future offshore wind infrastructure.The collaboration...

Oil & Gas
Feb 28, 2025

Equinor Renews Facility Management Contract with Coor

Facility management services firm Coor has secured an extension contract with Equinor for facility management services on its offshore oil platforms in the North Sea.Coor has delivered...

South Korea
Feb 28, 2025

Vietnam Steel Body seeks tariffs against Chinese and South Korean galvanised metal

The government announced on Friday that the Vietnam Steel Association had asked the government to place tariffs on imported galvanized steel from China and South Korea in...

United Kingdom
Feb 28, 2025

Oil prices drop for the first time since November, as economic uncertainties weigh

The oil prices fell on Friday and are headed for their first monthly decline since November as the uncertainty about global economic growth, fuel demand, and Washington's...

Myanmar
Feb 28, 2025

Myanmar's Wa State is looking at resuming mining

Nyi Rang, the Wa State spokesperson, said on Friday that Myanmar is considering allowing mining in the region rich in tin to resume. Nyi Rang confirmed that...

China
Feb 27, 2025

China Steel Exports Worried about Iron Ore Loss in the Month of August

The price of iron ore fell on Friday, and is expected to fall modestly each month due to U.S. trade tensions and rising tariffs. As of 0250...

United States
Feb 27, 2025

Chery Auto, a Chinese automaker, has applied for Hong Kong IPO

Chery Automobile, a Chinese company, has filed for a Hong Kong initial public offering to raise funds for the development of new technologies and vehicles as well...

Africa
Feb 27, 2025

Support margins as Russia naphtha imports to Asia drop to a 1-year-low

The flow of Russian naphtha to Asia fell to an all-time low in February after new drone attacks on Russian refinery infrastructure. This led to higher prices...

United States
Feb 27, 2025

Oil prices drop for the first time since November, as economic uncertainties weigh

The oil prices fell on Friday and are headed for their first monthly decline since November as the uncertainty about global economic growth, fuel demand, and Washington's...

United States
Feb 27, 2025

California wildfire fund could shield Edison's balance sheet from fire claim claims, says company

Edison International's CEO stated on Thursday that California's wildfire fund of $21 billion may protect the balance sheet of Edison International if it is determined that equipment...

China
Feb 27, 2025

Trade frictions with China are sparked by RPT-Trump’s new tariffs

The giant Chinese steel industry faces increasing pressure this year on its exports as it deals with another wave of trade frictions caused by President Donald Trump's...

United States
Feb 27, 2025

Talen Energy announces higher profits for the full year on lower operating and energy costs

Talen Energy, a utility company, reported a higher annual profit Thursday, thanks to lower operating and energy costs. Shares of the company rose 2.6% during extended trading....

Canada
Feb 27, 2025

Alberta projects C$5.2-billion budget deficit if Trump tariffs proceed

Alberta, Canada's oil producing province, forecasted a deficit of C$5.2billion ($3.5billion) for fiscal 2025/26 if U.S. Tariffs were implemented. This would result in a decrease of government...

United States
Feb 27, 2025

Edison International's quarterly cost estimates are higher than expected

Edison International, a U.S. utility company, missed its adjusted profit forecast for the fourth quarter of 2014 on Thursday due to higher costs and interest rate. The...

Australia
Feb 27, 2025

Arcadium Lithium, the target of Rio Tinto's purchase, posts a loss due to falling lithium prices

Arcadium Lithium reported a loss for the fourth quarter of 2018 on Thursday due to low lithium prices, which are used in electric vehicle batteries. After a...

United States
Feb 27, 2025

US union chief urges fund managers to review Tesla's valuation

On Thursday, the leader of the United States' largest labor union called on top asset management firms to re-evaluate Tesla's value as its shares have fallen 30%...

Chile
Feb 27, 2025

Copec, the industrial giant, posts a 15% increase in Q4 profits on forestry gains

Empresas Copec, a Chilean conglomerate of industrial companies, announced a 15% increase in profit for the third quarter of 2024 thanks to higher pulp volumes and lower...

United States
Feb 27, 2025

Wall Street shares mixed as European stocks rattled by tariff risk

The major Wall Street indexes were mixed Thursday, as new U.S. economic data hurt sentiment. European stock markets also fell after U.S. president Donald Trump threatened to...

Ukraine
Feb 27, 2025

Trump's very big' mineral deal could pay off for US Republicans

The crucial minerals deal Donald Trump negotiated with Ukraine may ease tensions between Kyiv, the U.S. President and Congress and win support for a fresh round of...

Ukraine
Feb 27, 2025

Trump: Russia is 'acting well,' as talks with Ukraine have advanced.

Donald Trump, U.S. president, said that the peace talks between the U.S. and Russia are "very far advanced." He also credited Russia's actions during the talks. Starmer...

Turkey
Feb 27, 2025

SDF chief: PKK disarmament calls 'not relevant to us in Syria

The commander of Kurdish-led force that controls northeastern Syria has said that the call for dissolution of the PKK by the leader in Turkey of the militant...

United States
Feb 27, 2025

Sources say sanctions and tariffs are making OPEC+ hesitant about an April oil price hike.

Eight OPEC+ sources have said that OPEC+ members are debating whether or not to increase oil production in April, as planned, or to freeze it, as they...

United States
Feb 27, 2025

White House clarifies Trump's statement about 65% EPA Staff Cuts

The White House announced on Thursday that it was retracting President Donald Trump's claim made the day before, claiming the Environmental Protection Agency planned to reduce its...

United States
Feb 27, 2025

Trump announces tariffs on March 4, 2019 for Mexico and Canada; China will face an additional 10%

U.S. president Donald Trump announced on Thursday that the 25% tariffs he proposed on Mexican and Canadian products will be implemented on March 4, as planned, because...

United States
Feb 27, 2025

TSX to lose as trade tensions cloud bank results

The main Canadian stock index was unable to find direction Thursday, as global trade tensions escalated and fueled a risk-averse market. Strong bank earnings failed to lift...

United States
Feb 27, 2025

USDA: US corn and soybean plantings to increase in 2025

The U.S. Department of Agriculture announced on Thursday that farmers in the United States will plant more corn acres and less soybeans by 2025 compared to a...

Africa
Feb 27, 2025

Rebels claim 11 killed in blasts at rally in east Congo

The leader of the rebel coalition said that explosions caused the deaths of 11 people and the injuries of 65 others at a rally organized by M23...