Indices

European Q2 corporate profit outlook improves after U.S. trade deal

The outlook for European corporate health has further improved, the latest earnings forecasts showed on Tuesday, after the European Union struck a framework trade deal with the U.S. a little more...

Aurubis earnings beat forecasts as copper supply remains tight

Aurubis on Tuesday reported higher-than-expected core profit for the first nine months of its 2024-2025 financial year, helped by higher contributions from sulfuric acid, copper products and precious...

Sibanye-Stillwater's call for US tariff on Russian palladium may add to price volatility

LONDON -Sibanye-Stillwater has asked the United States to consider imposing a tariff on Russian palladium imports to support the long-term viability of U.S. supplies, in a move that could increase...

Old trees and ageing farmers worsen outlook for top palm oil exporters

PONTIAN, Malaysia -Malaysian farmer Suratmen Mosman faces a dilemma that threatens to sap supply from the world's top palm oil exporters and drive up prices of the vegetable oil essential to billions...

Australia's Santos commits Narrabri gas for domestic supply in deal with ENGIE

Oil and gas producer Santos on Monday said it will supply utility firm Engie with up to 20 petajoules of natural gas a year from its Narrabri project in New South Wales that has been entirely...

Kering in talks with Qatar for sale of Milan building, Corriere says

ROME -Gucci-owner Kering is in talks with a member of the Qatari royal family for the sale of a building in Milan's top shopping avenue, Italian daily Corriere della Sera reported on Saturday. ...

Markets dive after Trump hits more countries with steep tariffs

ZURICH/WASHINGTON -U.S. President Donald Trump's latest wave of tariffs on exports from dozens of trading partners sent global stock markets tumbling on Friday and countries and companies scrambling...

S&P 500: Weekend in the red ahead of the NFP

Despite strong performances from Microsoft and Meta yesterday, the S&P 500 index ended down 0.37% at 6,339 points amid caution ahead of the monthly US jobs report.The US index is currently down 0.8%...

What impact will US plans to restrict copper scrap exports have?

LONDON -The United States is planning to restrict scrap copper exports from 2027, requiring that at least 25% of so-called high-quality scrap be retained for domestic use. In the...

S&P 500: Up sharply thanks to Microsoft and Meta

After closing down 0.12% at 6,362 points yesterday, following the Fed's decision to keep rates unchanged and a lack of clarity on the September decision, the S&P 500 index is currently up 0.9% in...

EU considers pooling demand from companies to buy more US gas

BRUSSELS -The European Commission could pool demand from European companies to buy more U.S. liquefied natural gas, as part of its efforts to reach a pledge to buy $250 billion in U.S. energy per...

CAC 40: Volatility persists as results come in

The finalization of trade agreements introducing tariffs and generally positive results are enabling indices to continue their upward trend over the summer. Europe is struggling to pick up speed for...

Global power grid expansion fuels fresh copper demand surge

Copper demand is rising faster than the industry anticipated, driven by billions of dollars being invested worldwide to modernise and expand power grids for the digital and clean energy revolutions...

StanChart profit jumps 26% as CEO Winters' turnaround takes root

HONG KONG/LONDON -Standard Chartered reported on Thursday a higher-than-expected 26% jump in first-half pretax profit, driven by growth in the bank's wealth and markets businesses that benefitted...

Emerging market revival hopes run into dollar difficulties

LONDON -Emerging markets are basking in the glow of their surprise rally this year, but major investors warn things may get tougher as countries finally learn their U.S. tariff fates and the dollar...

S&P 500: On the way to new highs

After closing slightly up 0.02% at 6,389 points yesterday, following the trade agreement between the European Union and the United States, the S&P 500 index is currently up 0.25% in pre-market...

Orange is open to M&A talks with rival SFR, CEO says after in-line results

Orange is open to consolidation talks with French rival SFR, pending the completion of its debt restructuring, the chief executive of France's biggest telecom provider said on Tuesday. ...

Trading Day: Fading trade deal relief?

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Investors' initial response to the...

CAC 40: Trade uncertainties are easing

European markets have started the week on a positive note, welcoming the agreement reached over the weekend between Donald Trump and European Commission President Ursula von der Leyen. The agreement...