Indices

Global equity funds draw weekly inflows on trade deal optimism

Inflows into global equity funds picked up again in the week through July 23 as optimism over U.S. trade deals, stronger than expected U.S. economic reports and an encouraging start to the corporate...

India-UK trade deal signals Modi's priorities as New Delhi eyes EU, US pacts

NEW DELHI -India's trade deal with Britain is a sign of New Delhi's new gradual shift to opening up its markets while shielding crucial sectors from competition and could be its template for future...

Small Ivory Coast cocoa firms say EU deforestation rules might bankrupt them

ABIDJAN -Small players in Ivory Coast's cocoa industry say they fear they will go out of business due to the cost of complying with new European Union regulations on the import of commodities linked...

Trafigura letter to Prateek Gupta's company warned about nickel cargoes, court document says

LONDON -A letter sent by Trafigura to Prateek Gupta's company warning it not to raise suspicions at financing bank Citi about nickel cargoes provides evidence that the commodity trader was aware of...

Italy's Saipem sees Mozambique LNG project restarting by end of summer

MILAN -Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies will restart by the end of the summer, the CEO of the energy contractor said on...

Wizz Air to resume Israeli flights next month as it quits Abu Dhabi

LONDON -Budget carrier Wizz Air plans to return to full-capacity in Israel by September as it positions itself as the largest inbound carrier into the country, Chief Executive Jozsef Varadi told...

Centrica's first-half profit falls due to mild weather, lower energy prices

LONDON -British Gas owner Centrica said on Thursday its adjusted operating profit halved in the first half of this year, due to mild weather, falling wholesale energy prices and weaker returns from...

Anglo American's copper, diamond production falls in first half

LONDON -Global miner Anglo American on Thursday reported a 13% fall in copper production in the first half of the year to 342,200 metric tons, and a 26% fall in rough diamonds, as demand remains...

Crude finishes with 1% gain on supply concerns and US crude draws

HOUSTON -Oil prices rose 1% on Thursday as U.S. crude draws and expected cuts to Russian gasoline exports overwhelmed news that oil major Chevron will gain U.S. approval to renew production in...

Takeaways of US-Japan deal include potential gains for Trump, Ishiba and EU

An emerging U.S.-Japanese trade deal could unlock major investment, avert a potential shock to the global economy and may deliver political wins for both U.S. President Donald Trump and Japanese...

EU heading towards 15% tariff deal with US, EU diplomats say

BRUSSELS -The European Union is heading towards a trade deal with Washington that would result in a broad 15% tariff on EU goods imported into the U.S., avoiding a harsher 30% levy slated to be...

WTO reform prospects clouded by investment deal block, sources say

GENEVA -The World Trade Organisation suffered a setback at its General Council meeting in Geneva on Wednesday after a small group of countries again blocked an initiative designed to boost foreign...

Silver's hot streak gathers pace; market at highest since 2011

Silver prices surged to their highest in almost 14 years on Wednesday, aided by worries about U.S. tariff policy, signs of tightness in the spot market and growing investor interest in alternatives...

Oil prices steady with trade talks in focus

NEW YORK -Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the U.S. after President Donald Trump reached a tariff deal with Japan. ...

Norway's overall oil, gas output beats forecast in June

OSLO -Norway's combined oil and gas production exceeded an official forecast by 2.3% in June, the Norwegian Offshore Directorate said on Tuesday. Norway is Europe's largest supplier of...

Aluminium producer Norsk Hydro trims 2025 spending amid global trade risks

Norwegian aluminium producer Norsk Hydro cut its 2025 capital spending guidance by 1.5 billion crowns and froze external white-collar hiring on Tuesday, as input costs are volatile and demand...

Hedge funds lure record inflows in first half of 2025

NEW YORK -Global hedge funds had their strongest inflows in the first half of the year since 2015, gaining popularity in turbulent markets amid U.S. President Donald Trump's new trade policies, data...

G20 finance chiefs back central bank independence in first communique since October

DURBAN -Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day...

Oil steadies as mixed US economic and tariff news offset new Russia sanctions

NEW YORK -Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its...