Indices

Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says

MOSCOW -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be...

Global equity fund inflows ease on caution over political risks, U.S. shutdown

Global equity fund inflows cooled to a three-week-low in the week to October 8 as investors took a breather after the recent market rally amid risks surrounding the collapse of the French government...

Trump tariff threat pushes oil to five-month low

HOUSTON -Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand...

Eni seeks approval for Sicily biorefinery, recycling plant

MILAN -Eni has started the environmental approval process to transform its industrial site in Priolo, Sicily, into a biorefinery and a chemical recycling plant for plastics, the Italian energy group...

Gold holds above $4,000 as investors assess Israel-Hamas deal

Gold prices held above the $4,000 level on Thursday, as investors assessed the Israel-Hamas ceasefire deal, while broader geopolitical and economic uncertainty alongside expectations for U.S. rate...

Suedzucker reports 82% slump in second quarter earnings amid weak sugar market

HAMBURG -Europe's largest sugar producer Suedzucker reported on Thursday an 82% fall in quarterly operating profit as it continued to face weak EU sugar markets. The German company said...

EU Parliament plans to cut back sustainability law further

BRUSSELS -Lawmaker groups holding a majority in the European Parliament agreed a deal late on Wednesday to make deeper cuts to the EU's corporate sustainability law, lawmakers and officials told...

Gold shatters $4,000 milestone, silver belts record high as investors rush to safety

Gold surged past the $4,000 an ounce level for the first time on Wednesday, building on a record-breaking rally as broader geopolitical and economic uncertainty, as well as expectations of U.S....

EU lawmakers push to ban term 'veggie-burger'

BRUSSELS -EU lawmakers voted on Wednesday to ban the use of the term veggie-burger and limit food descriptions such as steak, escalope and sausage to products containing meat, part of a proposed EU...

Gold zooms past $4,000 for first time in historic flight to safety

Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a record-breaking rally in the safe-haven asset to hedge against global economic uncertainty, while also...

Prosthetics maker Ottobock plans to raise $941 million in German IPO

German prosthetics company Ottobock said on Tuesday it plans to raise about 807 million euros by pricing its planned initial public offering at 66 euros per share. The world's largest...

Stellantis aims to broaden planned South Africa plant's vehicle lineup

GQEBERHA South Africa -Stellantis intends to expand its product line-up at a planned manufacturing plant in South Africa, moving beyond pick-up trucks as shifting market dynamics prompt a strategy...

Oil posts 8% weekly loss on potential OPEC+ supply additions

HOUSTON -Oil prices settled higher on Friday but posted a weekly loss of 8.1% after news of potential increases to OPEC+ supply. Brent crude futures closed up 42 cents, or 0.7%, at...

Morocco and EU reach new trade deal including Western Sahara farming products

RABAT -Morocco and the European Union have agreed to introduce origin labeling as an amendment to their agricultural deal, ensuring that products from Western Sahara receive the same preferential...

Oil falls 2% to four-month lows on oversupply concerns

NEW YORK -Oil prices settled down about 2% at the lowest in four months on Thursday, extending a run of declines into a fourth day, due to concerns about oversupply in the market ahead of a meeting...

European oil refineries bet on green projects to secure long-term future

LONDON -European oil refineries are having to invest in energy transition projects as modern and more complex competitors in Asia, the Middle East and Africa have prompted plant closures in Europe,...

Russia's western port oil exports up 25% after drone attacks

MOSCOW -Russia boosted oil exports via its western ports by 25% in September versus August, according to three trading sources, as refinery outages caused by Ukrainian drone attacks freed up more...

Brazil's Jacu bird poo-poos US tariffs as specialty coffee sector suffers

DOMINGOS MARTINS, Brazil -Brazil's coffee sector is going through a stinky time amid punitive U.S. tariffs but a specialty coffee that passes through the digestive tract of the exotic Jacu bird is...

India's trade pact with EFTA bloc to take effect from Wednesday

NEW DELHI -India's trade pact with four European nations, including Switzerland and Norway, will take effect from Wednesday, boosting exports of textiles, leather and food products while attracting...