Irish freight volumes to EU ports doubled in first month of Brexit

Irish freight volumes to EU ports doubled in first month of Brexit

Irish freight volumes to and from European Union ports doubled in January, the government said on Monday, as many traders shunned the once-speedier route to the continent through Britain due to Brexit...
February 01, 2021 at 08:09 am
Weekly UK-EU freight volumes down 38%, truck data indicates

Weekly UK-EU freight volumes down 38%, truck data indicates

Freight volumes moving between the United Kingdom and the European Union were down 38% in the third week of January compared with the same week a year ago, real-time truck movement data shows. ...
January 26, 2021 at 03:37 pm
Oil gains on stimulus optimism ahead of Biden inauguration

Oil gains on stimulus optimism ahead of Biden inauguration

Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden's inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth....
January 19, 2021 at 08:03 pm
Exclusive:  Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

Exclusive: Indonesia, Malaysia eye joint campaign in Europe to counter palm oil critics

The world's top producers of palm oil, Indonesia and Malaysia, are looking to join forces for the first time to run an advocacy campaign in Europe, where increasingly tight regulations are threatening...
January 19, 2021 at 06:58 am
Software data shows freight groups avoiding UK, prices rising

Software data shows freight groups avoiding UK, prices rising

An increasing number of freight groups rejected contracts to move goods from France into Britain in the second week of January, while prices rose, according to data that shows the impact of Brexit and...
January 18, 2021 at 09:05 pm
Indonesia's Pertamina conducts trials on 100% palm oil biodiesel and jet fuel

Indonesia's Pertamina conducts trials on 100% palm oil biodiesel and jet fuel

Indonesia's state energy company PT Pertamina said on Friday it had started trials on diesel made entirely out of palm oil at its Cilacap refinery on Java island after conducting trials on jet fuel...
January 15, 2021 at 04:04 am
Oil prices climb on Chinese data, dollar weakness

Oil prices climb on Chinese data, dollar weakness

Oil prices edged higher on Thursday, boosted by a weak dollar and bullish signals from Chinese import data but pressured by renewed worries about global oil demand due to surging coronavirus cases in...
January 15, 2021 at 12:52 am
Brent at 11-month high, yields end flat

Brent at 11-month high, yields end flat

Oil prices hit their highest in nearly a year on Tuesday on lower supply bets and Treasury yields tightened from 10-month highs after strong demand at an auction....
January 12, 2021 at 09:59 pm
Toyota Motor :  Wall Street wary of 'frothy' stocks, bubbly bitcoin

Toyota Motor : Wall Street wary of 'frothy' stocks, bubbly bitcoin

Wall Street bankers warned of toppy stock markets and a looming near-term retreat after exuberance from unprecedented economic stimulus has led to frothy asset prices....
January 08, 2021 at 02:47 pm
Saudi's surprise output cut to lift Brent to $60/bbl by mid-year - UBS

Saudi's surprise output cut to lift Brent to $60/bbl by mid-year - UBS

UBS raised its forecast for Brent oil prices to $60 per barrel by mid-year, following Saudi Arabia's surprise unilateral production cut and expectations of a sharp recovery in demand in the second...
January 07, 2021 at 08:34 am
Oil rises to 10-month high after Saudi output cut, U.S. inventory draw

Oil rises to 10-month high after Saudi output cut, U.S. inventory draw

NEW YORK -Oil prices rose to their highest levels since February on Wednesday after Saudi Arabia announced a big voluntary production cut and on a steep fall in U.S. crude inventories....
January 06, 2021 at 09:36 pm
Stocks drop as virus cases rise; gold rallies

Stocks drop as virus cases rise; gold rallies

NEW YORK -U.S. stocks dropped more than 1% on Monday, pulling back from record highs in the first trading day of the new year as coronavirus cases surged, while the U.S. dollar edged up and gold...
January 04, 2021 at 09:52 pm
After golden year for precious metals, silver set to shine in 2021

After golden year for precious metals, silver set to shine in 2021

After a spectacular year, precious metals are set for further gains in 2021, with silver tipped to outperform, but analysts are growing more cautious about the prospects for gold as the global economy...
December 31, 2020 at 07:17 pm
Stranded truckers fume as they wait to leave UK after COVID blockade

Stranded truckers fume as they wait to leave UK after COVID blockade

Furious truck drivers stranded at the English port of Dover scuffled with police as Britain sought to get cross-Channel traffic moving after a partial blockade by France to contain a highly...
December 23, 2020 at 02:14 pm
Stena Line brings forward doubling of Ireland-France freight route

Stena Line brings forward doubling of Ireland-France freight route

Ferry firm Stena Line has brought forward a planned doubling of its direct Ireland to France freight service in response to huge demand from Irish hauliers hit by the closure of the French border to...
December 21, 2020 at 12:41 pm
Ten gold trading centres back LBMA drive to tighten regulations

Ten gold trading centres back LBMA drive to tighten regulations

The London Bullion Market Association said on Friday authorities in ten large trading centres had declared support for its initiative to improve regulation on issues such as money laundering and...
December 11, 2020 at 03:13 pm
Brent rises above $50/bbl for first time since March on vaccine optimism

Brent rises above $50/bbl for first time since March on vaccine optimism

Oil prices climbed nearly 3% on Thursday, with Brent surging above $50 a barrel for the first time since early March, fueled by hopes of a faster demand recovery as countries start to roll out...
December 10, 2020 at 07:55 pm
Gold miners must ramp up renewable energy to meet climate goals - industry group

Gold miners must ramp up renewable energy to meet climate goals - industry group

Gold miners must rapidly switch to renewable electricity generation if the industry is to curb emissions sufficiently to align with the Paris Agreement's 1.5-degree Celsius global warming target, the...
December 09, 2020 at 09:08 am
Platts proposes to include U.S. WTI in oil benchmark dated Brent

Platts proposes to include U.S. WTI in oil benchmark dated Brent

S&P Global Platts said on Thursday it would open a consultation with oil market participants on the possible inclusion of the U.S. crude grade WTI in its dated Brent oil price assessment, which forms...
December 03, 2020 at 11:25 am
U.S. bans cotton imports from China producer XPCC citing Xinjiang 'slave labor'

U.S. bans cotton imports from China producer XPCC citing Xinjiang 'slave labor'

The Trump administration expanded economic pressure on China's western region of Xinjiang, banning cotton imports from a powerful Chinese quasi-military organization that it says uses the forced labor...
December 03, 2020 at 09:42 am