Analysis: Indices

Polestar's losses widen, aims to keep Nasdaq listing with reverse stock split

Polestar reported a wider third-quarter loss on Wednesday and said it would conduct a reverse stock split - reducing the number of its existing shares while increasing their value - in an attempt to...

What if Europe beats Wall Street in 2025?

The Stoxx 600 has set a new closing record and is now hot on the heels of the S&P 500 in 2025. Over the last ten years, it has outperformed its American rival only twice.

Global wine output subdued by climate shocks, OIV says

PARIS -Global wine production rose slightly in 2025, but output remained below average for a third consecutive year as vineyards faced extreme and volatile weather, the International Organization of...

Data centres to drive energy storage 'boom cycle' in next five years, UBS says

BEIJING -AI data centre-fuelled power demand growth in the U.S. is likely to drive a boom cycle for energy storage in the next five years as more storage is needed to smooth out fluctuations from...

Why are multilateral development banks under pressure to reform?

BELEM, Brazil -The World Bank and other multilateral development banks are under pressure to offer more help to poor countries being hammered by energy challenges and climate disasters. Here is what...

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...

The revenge of the emerging markets… on Wall Street's turf

After several years of Wall Street's unchallenged dominance, emerging market indices are leading the race in 2025. However, as is the case in Wall Street, only a few stocks linked to artificial...

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...