Indices

UK to ban maritime services for Russian LNG exports

LONDON -Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against...

Mercedes-Benz South Africa CEO-designate resigns

Mercedes-Benz South Africa said on Monday CEO-designate Abey Kgotle has resigned for personal reasons, less than a month before he was set to take on the role. Kgotle, who joined...

Aluminium premium hits record in US on tariffs, global squeeze

LONDON -Premiums for consumers buying aluminium on the physical market in the U.S. have hit record highs, driven by steep import tariffs and tight supplies globally. President Donald...

Petronas, Enilive, Euglena start construction of new biorefinery in Malaysia

A joint venture between Malaysia's Petronas, Italy's Eni biofuel unit Enilive and Japan's Euglena said on Monday it started building a new biorefinery in Malaysia to produce sustainable fuels for the...

France's 2025 wine output forecast at historic lows for second year

PARIS -France's farm ministry on Friday raised its projection for this year's wine output to 36.2 million hectolitres, which makes it unchanged from last year's historically low output, as a summer...

Trafigura floods LME Malaysia warehouses with aluminium, sources say

LONDON -Trafigura delivered large quantities of aluminium to London Metal Exchange approved warehouses in Malaysia last week to benefit from a financial deal, three sources familiar with the matter...

Oil settles down more than 1% at 2-week lows on fears of glut

NEW YORK -Oil prices fell more than 1% on Wednesday, settling at two-week lows on pressure from concerns of a possible global oil glut, but data showing signs of strong U.S. demand for fuel limited...

AstraZeneca wins shareholder backing for NYSE listing in US pivot

AstraZeneca shareholders approved a direct listing of the drugmaker's shares on the New York Stock Exchange on Monday, giving it access to a deeper capital pool. The drugmaker said...

LME fines Mizuho 265,000 pounds for rules breach

LONDON -The London Metal Exchange said on Friday it had fined a unit of Japanese financial group Mizuho 265,000 pounds for a breach of rules following an investigation into alleged misconduct. ...

Oil ends slightly up, trade choppy on report, denial of US attack plan on Venezuela

HOUSTON -Oil prices settled slightly higher after a wild trading session on Friday, popping up as media reports said U.S. air strikes on Venezuela could begin within hours and then retreating after...

StanChart third-quarter profit rises 3%, beats estimates

HONG KONG/LONDON -Standard Chartered reported on Thursday a 3% rise in third-quarter pretax profit, beating analyst estimates, as strong wealth, global banking and markets businesses boosted revenue...

Oil prices steady as investors assess US-China trade truce

Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after U.S. President Donald Trump lowered tariffs on China following a meeting with...

Germany examines nationalising Rosneft arm after Trump sanctions, say sources

BERLIN/FRANKFURT -U.S. sanctions on Russian oil producer Rosneft have rekindled discussions in Germany about nationalising the company's business there, including a refinery that Berlin depends on...

Spain's blue-chip IBEX finally tops 2007 record high

By Javi West Larrañaga -Spain's blue-chip index IBEX 35 on Tuesday hit a new record high, surpassing its previous peak in November 2007, closing a year in which it has outperformed...

Annual 2026 gold price forecast tops $4,000/oz for first time

Gold's winning streak is seen extending into next year, with analysts forecasting an annual average price above $4,000 per ounce for the first time as economic and geopolitical turmoil keep the...

Angola bids for majority stake in De Beers, source says

LONDON -Angola has bid for a majority stake in Anglo American unit De Beers, a source familiar with the matter told Reuters on Friday, setting up a potential standoff with neighbouring Botswana which...

London shares pause after recent gains, focus shifts to US data

London stocks were little changed on Friday as investors exercised caution ahead of a pivotal U.S. inflation report, while the main indexes were on track for weekly gains aided by signs of cooling...

Stocks climb, US benchmark Treasury yields briefly fall after US inflation data

NEW YORK/PARIS -Major stock indexes rose, with U.S. stocks hitting record highs, and benchmark U.S. Treasury yields briefly fell on Friday as data showed U.S. inflation rose less than expected last...

US hits top Russian oil companies with sanctions, EU bans Russian LNG

WASHINGTON/BRUSSELS -U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft as his...